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Independent rating of Forex broker xTrade

4/10 (votes 100)

On-line since
2003
Country of origin
Cyprus/Canada
Regulation
AFM (Netherlands), 66418, ASIC, 140 899 476, Banque de France, 73506, FCA (UK), 247274, FSA (Denmark)
Payment options
CashU, Credit/debit cards, QIWI, Skrill (Moneybookers), UnionPay, WebMoney, Wire transfer
Minimum account size
$100
Minimum lot size
0.05 lot
Leverage
up to 1:400
Spreads
4 pips on EUR/USD

xTrade was established in 2003.
xTrade is an innovative company, which developed one of the most reliable and unique web-platforms for trading at Forex market.
xTrade trading platform was developed by professional traders. The main criteria of the company’s work are: professionalism, financial mobility and the trading network time rate.

Comments

Author: Naduni Date: 2021-01-04 03:01:42 (UTC+3)
xTrade is a decent Forex broker, but they do not provide the best services. I have been with them for a year now and their trading platform remained the same. It still lags and even crashes especially during high volatility. For a year, I did not see any improvement in their trading platform. The only reason I am staying here is because I do not want to take another risk with a different broker as I might only end up with a worse one.
Author: Bruno Date: 2020-11-24 01:35:37 (UTC+3)
I have been trading with them for five months and earned a profit. I have sent a withdrawal request, but they didn't process it yet until now. xTrade withdrawal process via debit card takes too much time. I'm very frustrating. How many times I contact xTrade financial team. They always told me that investigation is going on. More than 20 days has gone, till I am waiting with patience, I hope I will receive money very soon to my bank account.
Author: Usika Date: 2020-09-09 08:20:08 (UTC+3)
xTrade is a really outstanding broker. When I traded with my earlier brokers normally I did not face any re-quotes in demo account but in real account I have face re-quotes problem most of the time. With xTrade I have not seen any difference in order execution in demo and live trading accounts. In my three months trading experience with xTrade I did over 250+ trades, only 3 of my trade got slippage. That is far better from my earlier broker. I already made two withdrawal $340 and $300 through UnionPay and it both are comes within same day. I highly recommend using them.
Author: Amara Date: 2020-09-09 04:29:27 (UTC+3)
When I started an account at xTrade and made my trades, I haven't encountered much problems. But after a while, the platform started to lag frequently. There have been orders that were not executed properly. It went on for a while and I started to complain to the company. But all I got was a respond saying they don't think there is a problem at all. They didn't seem like they wanted to fix it so I just closed my account.
Author: sagiya Date: 2016-10-19 11:04:43 (UTC+3)
very good service no problems, good signals through SMS and Analysis, helped me make nice profits. i withdrew it after a month, mony arrived promptly (about 1 hour ) but at least arrived!! i strongly reccomend
Author: Krishna Date: 2016-10-19 11:03:02 (UTC+3)
They are going down with their commission in January...what a good news. For the scalper like me, nothing to say except: "thanks to bring the forex industry a bigger transparency They provide excellent customer support, I have a VIP account manager, who helps me with everything. They also have great educational materials for their clients and offer fast execution of my orders.
Author: kana Date: 2016-10-19 07:11:46 (UTC+3)
I was referred to xtrade by my friend a few months back and my response shortly after to him was "why the hell didn't you tell me about them a year ago." I have been with a number of brokers that I have experienced the worst customer service ever, the worst withdrawal process and even platform/technical issues. It has been a joy being with xtrade these past few months. They re-sparked a passion for trading in me that I thought I lost. They are responsive on a customer service level. I think every company no matter the industry can learn from their level of customer service and response time. I have also made more withdrawals with this company that has just been a relaxed process receiving my funds as quick as the same day. No technical issues as of yet, but even if so I have the confidence in them they will inform me properly.
Author: madu milla Date: 2016-10-19 07:10:47 (UTC+3)
I so much love Xtrade, they are simply the best. I have never had issues with them. I love everything about them. I have tried many brokers and encountered different problems but xtrade is standout. I hope they keep up the good work. the best part is they take INR so no problem with deposit and withdrawal instead.
Author: thmos Date: 2016-10-17 13:30:41 (UTC+3)
For the first time when I got a call I didn't trust on this, when I checked on google it showed me it's as scam. I was so scared to deposit then my account manager made me to understand about it was created by a broker who try to put all the companies down he told me then I asked him few days. Later after months I wanted to start then I told him I am not ready to use my debit or credit card then he suggest me to get go cash card I started it and making lot of money as my account manager promised me he is supporting me well I am withdrawing the money daily and superb web site he proved me what I saw in the net is wrong thank god
Author: murha Date: 2016-10-17 13:24:55 (UTC+3)
I been trading with xtrade . It's my first broker. I don't use my own money when trading because am still a newbie.. xtrade I post in their sponsored forum and earn bonus money to trade in their accounts. So far so good...my only question is if xtrade is trying to scam their clients then why would they pay me regularly every time I withdraw profits from the bonus account? Remember...I am using their own money to trade...I never spend a single dime from my own pocket yet they continue releasing my profits I earn from their own money. Just want to let everybody know that xtrade release all my withdrawals in time. I am very pleased with that. I have read all the negative feedbacks here about xtrade. Just that I never experience any bad services from them. I really trust Insta Broker...because of my own good experiences with them. I will continue to trade with them as long I will continue trading forex.

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