257 brokers
23202 reviews
Broker
Broker
Adviser

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: Gya Date: 2021-11-19 05:53:25 (UTC+3)
Trading with xTrade is an awful activity for me. The first time I joined them, their trading conditions were not the same as they promised. Since I joined this broker, I have always received terrible service. First of all, their platform has the worst execution. Then, they used to keep me waiting, and support team was not helpful. Last time, I made a $500 withdrawal request, but they haven't processed it until now. I called customer support many times, and they kept asking me to wait. It's been 3 weeks since I'm waiting. Still, there is no clear information about my withdrawal. After I get the money for sure, I will close my account at this broker.
Author: Nabhan Date: 2021-08-18 03:43:21 (UTC+3)
At some point, I kept hoping that xTrade will improve their trading services. But months have already passed and nothing changed at all. Whenever I complaint, they brush it off and does not respond anymore. I now closed my account because there is no hope in this broker.
Author: Mdawar Date: 2021-07-28 02:11:36 (UTC+3)
I am not happy with this broker. They have kept my money without any reason. I made some deals 3 months ago following all the rules they have. I didn't use any illegal strategy, but this broker just blocked my account using this excuse and froze my balance, my balance is $5,000. There is no way to withdraw, and every time I ask for my account, they just tell me that my account is being checked, but it has been 3 months since then. I don't recommend you this broker, especially if you are a good trader.
Author: Vasilis Date: 2021-04-28 06:34:15 (UTC+3)
I started trading with xTrade a few months ago. The beginning was great but after some time, I started experiencing difficulties in my trading activities. The platform became shaky and when I reported it to the company, they did not do anything about it.
Author: Shakirra Date: 2021-03-19 01:49:37 (UTC+3)
Trading with xTrade is awful. As always, I found a poor execution, which delayed 10 to 40 sec. I have also seen that the pricing chart is different from live market quotes, probably 8 to 20 pips. So I got big slippage and can't place an order in my desired position. Because of that, I lost my money. Trading with them is not profitable at all. So I decided to close my account at this broker and no more trade with them.
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

Leave a comment

empty
Start trading
without any investments and risks
With new Startup BONUS 1000$
empty
Get Bonus
55%
from InstaForex
on every deposit