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xtrade broker has grown rapidly since its conception in 2010, and now has a global presence, with offices across five continents and clients from more than 240 countries. They have recently gained further recognition after joining up with legendary football player Cristiano Ronaldo, who has become the firm’s official ambassador. It is a provider for CFDs but also for trading stocks, indices, commodities, and foreign currencies. It also offers a cashback program, despite not charging commissions.
The traditional desktop trading at XTrade website is supported by the most popular trading platform – MetaTader 4. It has an enormous abundance of features to enjoy, as well as very easy and intuitive interface. The broker seems to me a decent one as all conditions completely meet my needs. The leverage is pretty high, but traders should always remember risk management. As for assets, then it’s even more than I need. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.
Believe me, I have traded in several places, and there is really very good quality of order execution on the trading platform. Company offers web-based platform for online trading. Broker doesn’t have any applications that need to be installed on your computer. I didn’t find out how to use it right away because I used MT4 to trade before. I spent some time learning platform, and now I don’t have any problem using it. Trading platform used for trading can work in demo account mode.
What characterizes their trading platform is that the web version works equally well with the desktop version. This company offers many different things to attract more customers. I don’t like it very much, but it might be here. I working with Xtrade because it is 19 years of experience. I’m wanting to trade stock somedays like real investor.
I don’t regret neglecting reportedly tighter floating spreads because my peace of mind is more crucial. Secondly, I appreciate the broker’s trading platform, Webtrader. The only difference is there’s no real money in demo account. The customer support at xtrade is awesome too like every other thing the broker does. The fact that this is a spread-only broker, which means that you ain’t need to pay any fees for depositing or withdrawing money, is pretty attractive.
First https://forexhero.info/ on Xtrade bonus – When you open your first deal, Xtrade will cover it, allowing you to keep any profit, or refunding the loss up to $120 cash bonus. Phone verification bonus – Verify your telephone number and you will receive a free $20 cash bonus. It is credited to your equity and can be used to trade. To redeem it you have to accumulate 300 Points within 30 days.
The company offers over 1,000 tradable assets, with competitive spreads and low commissions. Xtrade grants traders a four-step welcome bonus. A first deposit bonus of between 30% and 60% will depend on the initial deposit amount; for example, a minimum deposit of $2,000 qualifies for a 60% bonus. Phone verification results in a $20 cash bonus; in addition, Xtrade will provide clients with one free trade. If the first trade results in a loss, Xtrade will reimburse the loss, up to $500. Completing the mandatory account verification process unlocks an additional 20% deposit bonus; limited to $1,000, it will be credited within 48 hours of the initial deposit.
CySEC Slaps XTrade Europe with €200,000 Fine over AML Lapses.
Posted: Fri, 05 Jun 2020 07:00:00 GMT [source]
First, choose the right website for your country of residence. Click on the register link and complete the online application form. Xtrade is a regulated broker with a clean track record, in operation since 2003. Xtrade also offers a dedicated complaint resolution process. Traders get daily videos with trading ideas, the best research provided by Xtrade via third-party contributors. Wide range of global markets, including Forex, Indices, Commodities, ETFs and more.
I trade currencies with other brokers, but bonds are new for me. It’s so good when your expectations are absolutely met. It’s good to trade nearly everything and it’s the first broker I started to trade bonds with. No download is required, and it allows easy access to the best market analyses available and speedily executes trades and orders. Some companies provide their own proprietary platform, while others prefer well-known platforms.
Howden launches new digital trading platform called xTrade Cargo.
Posted: Wed, 11 May 2022 07:00:00 GMT [source]
By the way, XTrade has an excellent mobile application. It’s cool that Xtrade gives opportunities to try different approaches, thus increasing the likelihood that one will learn, stay and work more steadily in the market. The Mobile version of the platform for my smartphone today is suitable also. Demo account is deposited automatically within 7 days after registration of main account. Having regulation was definitely one of the criteria on which I made my choice, it’s important – it means I have certain guarantees.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We use tools that let us analyze the usage of our page. Such data lets us improve the user experience of our web service. XTB is one of the largest stock exchange-listed FX brokers in the world. We’re also regulated by the world’s biggest supervision authorities, including the Financial Conduct Authority.
Until now i have bonuses $98 which i cannot use to trade and i cant even withdraw an amount $18… It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. I am very glad that I found this company for Forex and CFD trading.
The broker offers a great variety of courses, articles, video tutorials, and glossaries. As one of the good advantages,Xtrade covers almost the globe, so traders from various countries can sign in, also with thelowest spreads. Xtrade, one of the best online CFD forex brokers, offers CFD trading on verity and popular financial market. We provide our trades with the opportunity to trade CFDs with no exchange charges and no Stamp Duty. CFD trading enables market traders to trade a portfolio of Shares, forex, Indices, or Commodities without having to lock up large amounts of capital.
If there is a choice, the trader should keep in mind what he would like to trade. Withdrawal requests take up to five business days to process. Below is an in-depth review of Xtrade to help you make an informed decision before opening your account or trading on their platform. Xtrade is an established forex broker company in Australia. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
Xtrade is regulated by the CySEC , the IFSC , the FSB , and the ASIC , which covers most parts of Europe, Africa, and Asia-Pacific. CySEC regulation enables the broker to enjoy uninterrupted access to the entire European markets through the EEA initiative. Unfortunately, a lack of CFTC and NFA regulation prevents Xtrade from entertaining traders from the US, therefore, US traders cannot trade with XTrade.
Labeled Verified, they’re about genuine experiences. If I were to describe the broker with one word, I would say stability. Because it has many years of competence on the forex market. As for the banking options, you can open and fund your account using the following currency payments CAD, EUR, JPY, CHF, and USD.
There is no need for any complicated or time-consuming download and there is even an Xtrade mobile version allowing traders to trade away from their PC at home. All personal, financial and trading session data is securely encrypted using the latest 256-bit SSL technology. Xtrade has an excellent demo trading interface that allows traders to get a first-hand experience of the different CFD products offered by the company.
You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Xtrade offers a more than decent level of customer support and it’s available 24 hours a day, 5 days a week, regardless of where you might be located. There is the option of sending an email, a fax or calling one of the many international telephone numbers. Education also seems to feature very high on the list of priorities with an extensive range of tutorials, courses, and entry to the Xtrade Academy.
The minimum deposit for a live account is only $100, which is perfect for the beginner. The real money account offers variable spreads, averaging at around 0.3 to 0.6 pips. Hedging is allowed and there is a trailing stop feature. The account also allows pending orders and automated trading. You may also be pleased to know that Xtrade is not adverse to scalping. CFDs permit a wider range of asset choices with greater flexibility, as well.
To get access to it you have first to register. That gives personal information to the broker and after that, you might expect a call from them. The problem with a demo account is that you are trading with virtual money, which is not good. You get used to some different and bad trading habits instead of good ones. You won’t notice any significant difference between accounts in terms of service and technical tools.