Every trader gets access to the full range of instruments, web and mobile platforms, plus educational centre. The customer support team can be contacted 24 hours a day, 5 days a week via several methods.

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There is also email support and the broker has a large social media presence. For general enquiries and support, XTrade may be contacted using a live chat function in the lower right corner of their website. The website supports 35 languages and live chat representatives are available in six different languages.

The customer support team can be contacted via:. The support team can help with a range of queries, from how to delete an account, utilise the platform, or navigate account verification. XTrade provides a high level of cybersecurity, with bit standard Secure Sockets Layer SSL encryptions, provided by Comodo, on all transactions and website traffic.

Regulation and Security

The broker has several identity theft and credit card safeguards in place, all of which undergo regular reviews. XTrade is an award-winning provider and a strong competitor versus brokers such as eToro and Plus Its free signals and well-equipped education centre make it a sensible choice for clients new to trading forex and CFDs, in particular. XTrade Europe Ltd. XTrade International Ltd. Yes, XTrade offers a demo account with all the capabilities and options available with a real money account.

No, XTrade only offers its own proprietary trading platform designed for browser-based trading.

The platform has also been made into a mobile app for iOS and Android smartphones and tablets. No, XTrade does not provide its services to traders in the USA, Canada or other countries where its services conflict with local laws. Trade 0. The platform used on this account is the MetaTrader4. The additional benefits that the account comes with are an individual trading strategy and support, corporate gifts and priority account and payment processing.

The broker also has a compensation fund in place. Xtrade is also under stringent regulation which offers a guarantee to the traders that their assets are in the right hands. The broker is also MiFID compliant: which should clear all doubts if any. It may be considered average if a comparison was to be done with other brokers in the market.

Xtrade Forex broker description

However, other brokers require less than the amount. Xtrade offers the traders minimum leverage of It is a familiar figure in the forex market. However, it is essential for the traders to note that the higher the leverage, the more substantial the risk of losses. Nonetheless, Xtrade offers good leverage as most of the traders provide a minimum of up to As an Xtrade forex trader, you get to benefit from trading free of commission. More so, the spreads at Xtrade are fixed. The Xtrader Pro platform is used by traders with the standard account.

The platform is web-based and comes with mobile versions too.

The advantages of the platform are that it has a user-friendly interface. More so, it is equipped with trading tools that aid the trader in analyzing the condition of the markets. The tools are technical analysis indicators and charts.

The platform has also eased order execution as the platform has automated features that allow the traders to make orders at the most convenient times. MetaTrader4 platform is available for the premium, platinum and VIP accounts. It is one of the most popular trading platforms. The platform is suitable for users with varying skills and experience in Forex Trading.

It also allows traders access to mobile trading apps and offers the clients an exceptional user experience. It is a flexible trading platform that also offers the traders an opportunity with Expert Advisors EAs. The logos of a series of online payment processors exist on the website, but no further information is available. No country on the payment selection page shows them as a choice. Given that, it remains unclear what funding or withdrawal options clients can actually use. Xtrade does not charge deposit or withdrawal fees, but third-party costs may apply.

Withdrawal processing times, per the FAQ section, can take up to ten business days. Xtrade is a regulated broker with a clean track record, in operation since Traders can consider it a safe broker.

All withdrawal requests go via the secure back-office, and traders can access it from the trading platform. Xtrade appears to have taken several steps backward after dropping two of its regulators. It maintains the most expensive trading environment among all online brokers, and offers traders a below-average asset selection and a sub-standard trading platform.

The research and educational services remain average, complete transparency is missing, and the overall trading environment lacks competitiveness. Xtrade does not support automated or social trading, and provides only limited trading tools to clients. The introduction of its products and services remains sloppy. Traders will find significantly superior conditions elsewhere.

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Comments including inappropriate, irrelevant or promotional links will also be removed. I'm not so smart yet so I signed up for the demo account and it has been a a good experience so far. I need more time to practice. How we rank DailyForex. Website xtrade. Country Cyprus. Regulation IFSC.

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