Zusammenfassung:Xtrade is a broker registered in Belize. Xtrade offers a variety of trading products including CFDs list, Indices, Commodities, Shares, Forex, ETFS and Bonds.
Xtrade Review Summary | |
Founded | 2000 |
Registered country/region | Belize |
Regulation | Revoked(ASIC), Exceeded(FSC), Suspicious Clone(CYSEC) |
Market Instruments | CFDs, Indices, Commodities, Shares, Forex, ETFS and Bonds |
Demo Account | Available |
Leverage | Unclear |
Spread | From 2 pips to 5 pips |
Trading Platforms | Xtrades mobile platforms, Xtrade WebTrader and Tablet Trading App |
Minimum Deposit | $250 |
Customer Support | Phone: +852 58080622;1800 017 5700 |
Email: info@xtrade-dm.net |
Xtrade is a broker registered in Belize. Xtrade offers a variety of trading products including CFDs list, Indices, Commodities, Shares, Forex, ETFS and Bonds.
Pros | Cons |
Various market instruments | The current regulatory license has exceeded |
Provides demo account |
Regulatory Agency | Current Status | License Type | License No. | Licensed Institution |
Australia Securities & Investment Commission(ASIC) | Revoked | Market Making (MM) | 343628 | Xtrade International Ltd |
Financial Services Commission (Belize)(FSC) | Exceeded | Common Financial Service License | IFSC/60/383/TS/15 | Xtrade International Ltd |
Cyprus Securities and Exchange Commission(CYSEC) | Suspicious Clone | Market Making (MM) | 108/10 | Merba Limited |
You can trade dozens of products including CFDs list, Indices, Commodities, Shares, Forex, ETFS and Bonds.
Tradable Instruments | Supported |
CFDs list | ✔ |
Indices | ✔ |
Commodities | ✔ |
Shares | ✔ |
Forex | ✔ |
ETFS | ✔ |
Bonds | ✔ |
Xtrade offers 4 account types: Standard, Premium, Platinum, and VIP,with minimum deposits ranging from $200 to $25,000.
Account Type | Minimum Deposit | EUR/USD Spread | Features |
Standard Account | $200 | 5 pips | Fixed Spreads, Demo Account, Online Chat. |
Premium Account | $1,000 | 3 pips | Fixed Spreads, Personalized Training, E-Books, Courses, Video Tutorials. |
Platinum Account | $5,000 | 3 pips | Lower Spreads on products, Personalized Training, Webinars, Daily Reports, Resource Library. |
VIP Account | $25,000 | 2 pips | Lowest Spreads, All features from other accounts, Priority Support. |
Xtrade offers commission-free trading with spreads as the primary cost, no deposit or withdrawal fees, and inactivity fees of $50 per month after 3 months or up to $100 per month after 1 year of inactivity.
Fee Type | Details |
Trading Fees | No commissionsSpreads: from 2 pips to 5 pips |
Deposit Fees & Withdrawal Fees | No |
Inactivity Fee | $50 per month after 3 months of inactivity. Up to $100 per month after 1 year of inactivity. |
Dormant Account Fee | Up to $100 per month for accounts inactive for one year or more. |
Xtrade provides Web Trader, mobile trading App and Tablet trading app for its users.
Trading Platform | Supported | Available Devices | Suitable for |
Xtrade WebTrader | ✔ | Web | People with computers |
Mobile Trading App | ✔ | IOS | iPhone users |
Tablet Trading App | ✔ | Tablet | People with tablet |
Xtrade supports various payment methods with transaction limits. Other supported methods include WeChat Pay, Webmoney, DineroMail, ecoPayz, Giropay, and Sofort.etc.
Deposits and withdrawals require no fees. Minimum deposit is $250.
Payment Method | Max Transaction Limit | Notes |
Visa / Mastercard | $15,000 USD | Deposits and withdrawals processed via the same method. |
UnionPay | $15,000 USD | |
Bank Transfer | Unlimited | Withdrawal amounts will be returned to the same bank account. |
Wire2Pay | $15,000 USD | |
AliPay | 5,000 CNY | |
Others payment methods | from 150EUR to unlimited |