XTrade Broker Review: The Broker that is gaining popularity among the customers by leaps and bounds is XTrade Broker. XTrade is certainly one of the best brokers in the Forex and CFD trading market. Their success story began since the inception and now in 2016, it has reached the highest peak. This year, XTrade have announced their sponsorship of Cristiano Ronaldo, who has become the new ambassador broker.

We believe that XTrade is reliable broker to invest with, as the investors are in overall happy and the company offers a lot of options. But still we have to do a thorough analysis, studying its pros and cons. Lets get started with the XTrade Broker review to learn more about this broker.

XTrade Broker Review at a Glance:

• Type of Broker: MM

• Country of origin: Cyprus

• Founded in: 2007

• Regulation: ASiC, CySEC, IFSC, MiFID

• Minimum Deposit: $100

• Min. lot size: 0.01

• Max. Leverage: 1:400

• Spreads: 1 pip

About XTrade Broker

Xtrade, founded in 2010, is a recognized innovative international provider for Contracts for Difference (CFDs), offering a comprehensive trading environment for stocks, commodities, Forex, and indices. XTrade is owned and operated by XFR Financial Ltd, Limissol Cyprus and is regulated by CySec. It’s headquarter is situated in Belize City and it is provides trading services for clients in over 150 countries.

XTrade Broker Review Table:

XTrade Broker Review in Details

Regulation

The first step in a review, you must always analyze the regulation under which the broker is conducting business. Because, it is what informs us about whether it is a safe and reliable broker or not. Obviously, regulated broker doesn’t always mean 100% reliable, but it shows a clear sign that they are serious in business and they are not going to do any scams.

Xtrade, a licensed & regulated investment firm, is authorized to operate by the following commissions:

• Cyprus Securities and Exchange Commission (108/10), the Markets in Financial Instruments Directive (MiFID)
• International Financial Services Commission (IFSC/60/383/TS/15).
• The Australian Securities and Investments Commission (ACN: 140899476 AFSL: 343628)

Trading Instruments

• Shares, Stocks, Equity CFDs: Apple, Google, Nike, JP Morgan, IBM, etc.
• Forex Trading – EUR/USD, USD/JPY, etc.
• Index CFDs – S&P 500, Dow Jones, etc.
• Commodity CFDs – Gold, Silver, Oil, Natural Gas, etc.

Spreads and Commisions

Spreads Only

Unlike other service providers who charge a commission on each trade, at Xtrade you will never be charged for any trading commissions. All they get are the spreads.

Inactivity Fee

An Inactive Account Fee of up to $5 USD per month is assessed to Xtrade accounts that are inactive. An account is considered inactive if there has been no trading activity for a period of 3 months.

Trading Platform

The trading platform offered by XTrade is a WebTrader (web format) accessible from any web browser without the need to download or install anything on your computer. It is a fairly simple platform to manage with the basic options that any trader needs:

• The list of instruments available for investment,
• a system of graphs to analyze price actionand be able to make your trading decisions helping some of the leading indicators technical analysis (such as RSI, MACD, Bollinger Bands, SMA, Alligator)
• The basics to control and manage your positions and your account balance.

Not allowed to use automatic trading systems (like you can do with other broker offering platform MetaTrader ) and there are strategies that are not allowed as scalping or hedging.

Additionally, XTrade provides a specific version of its platform for use on mobile devices like the iPhone & iPad, mobile and tablets with Android or Windows Phone system.

Trading accounts

XTrade offers a unique trading account. The minimum initial deposit is $ 100.

Diposit and Withdraw Options

With Xtrade, you can use all the leading online transfer mechanisms for deposits and withdrawals, determined by the currency you choose during the deposit process.

Your withdrawal shall be processed via the same method that the deposit was made. If you deposit via credit card, any withdrawal amounts will be returned to that credit card. Likewise, if a deposit is made via bank transfer, the withdrawals will be transferred back to your bank account.

Forex Learning Center

We would like to highlight a few educational measures of the broker in this XTrade Broker review.

Beginners Course

Learn the basic concepts of forex trading, what this market is all about, and why you should be a part of it.

Trading Tools

Familiarize yourself with advanced strategies and Xtrade’s trading toolset. Take your trading to the next level.

CFDs and Stocks

Discover the world of CFD trading: The advantages, relevant information and market dynamics.

Forex Professionals Trading Guide

Explore how the world’s largest financial market operates, how currencies are traded and the strategies used to manage risk.

CFDs Professionals Trading Guide

Learn the ins and outs of CFD trading, featuring examples and technical analysis.

Bonus and Promotions

We would like to highlight a few promotional offers of the broker in this XTrade Broker review.

Exclusive offer for Ronaldo’s fans

This is a special offer for Ronaldo fans. You can become an Xtrade customer, and get 77% bonuses on all deposits made during your first 7 days!!

Advantage of September US NFP Announcement

High impact news events such as these are extremely volatile, opening up many trading opportunities. You need to deposit $1000 to $5000 and you will receive up to 100% bonus!This offer will be Valid between 01/09 and 02/09.

Xtrade Olympia 2016 Contest

With automatic participation, you can power up your market performance. Whether you are a Premier or Beginners level trader, trade for prizes and bring home a medal for your country!

There are four weekly trading competitions measuring the previous weeks’ trading volume in three categories- Forex, commodities, indices & shares. Competition results will be published every week on Sunday, August 7th, 14th, 21st and 28th.

First Deposit Bonus (Up to $6000)

Phone Verification Bonus ($20 Cash bonus)

Verify your phone and receive a free $20 CASH bonus.

1. Login to your account.
2. Select Account Options > Phone Verification.
3. Submit valid phone number, enter code received by SMS and receive your instant cash bonus.

XTrade Broker affiliate Program

Are visitors to your website interested in online trading? Join the XTrade affiliate program today and start earning a commission.

The XTrade affiliate program has all the tools you need to run successful campaigns. Benefit from a vast range of attractive and effective marketing tools designed to generate traffic and boost conversion!

Start earning money on clients that you refer to XTrade, in the form of a Revenue Share or CPA.

Here are some of the reasons for joining the XTrade affiliate program:

• Earn up to 35% revenue share, or up to $600 CPA!
• Be part of the next generation of online CFD trading.
• Monetize your traffic on web, windows, ios, android and more.
• Full support from dedicated affiliate managers.

Customer Support

One fine aspect of the broker- XTrade always emphasize on the quality of the support services. In order to be able to support their traders properly, XTrade has deployed a large team of support personnel to deal with any issues that traders might have problems in overcoming. To communicate with the support team, traders can use email, live chat or the telephone. In addition, XTrade has made their support services available in multiple languages and on a 24/7 basis 5 days in a week.

Advantages and disadvantages

We have already come a long way and we are very near the end of the Xtrade broker review. Before finishing, we want to provide an overview of everything that we have seen in this review.

Advantages

• Account verification bonus for new customers
• Free demo account in web trader
• One unique accounts for all
• Regulation and high security
• very competitive spreads
• $ 100 minimum deposit
• Fastest response in email communication
• Leveraging the highest market of CFDs
• Mobile Apps for all sorts of operating system

Disadvantages

• Does not allow US Traders
• Popular MetaTrader 4 platform is not available

Xtrade Broker Review: Conclusion

Possibly after this review you will be able to have a clear opinion on XTrade. As we have said earlier that the broker is reliable as they have a good reputation and trading conditions. XTrade broker whose services are good in quality and with very reasonable spreads.

If you want to read more information or want to open a real account to start trading, the best you can do is visit their official website. Thank you for your time to read this Xtrade Broker review.

Visit Xtrade Forex Broker Website