Score

1.15 /10
Danger

Xtrader365

Cyprus

1-2 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index4.26

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ES CNMV
2024-04-15

Broker Information

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Company Name

Xtrader365 limited

Company Abbreviation

Xtrader365

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Xtrader365 · Company summary
Company NameXtrader365 limited
Founded in Within 1 year
Headquarters100 Michael Zavou, Ayios Athanasios, 4107, Limassol, Cyprus
RegulationsNot Regulated
Tradable AssetsForex,Futures,Futures,Stocks,Crypto,NFT
Account TypesSilver,Gold,Platinum,VIP Club
Minimum Deposit10000$
Trading Platformsweb
Payment MethodsVisa, mastercard,QIWI,Skrill,bitcoin,neteller,webmoney
Customer SupportEMAIL: support@xtrader365.comTime: Call Center Hours,Monday to Friday10:00-19:00 GMT+3Closed public bank holidaysphone:Cyprus Office: +35724020170 Australia Office: +61287665061South Africa Office: +27129800579United Kingdom Office: +441953667642

Overview of Silom International

Xtrader365 Limited, established recently, operates from Limassol, Cyprus, and offers a wide range of tradable assets including Forex, Futures, Stocks, Crypto, and NFTs. The platform caters to various investor profiles with account types ranging from Silver to VIP Club. It operates without, leverage, spreads, or commissions, making it accessible to diverse trading strategies. Xtrader365 provides a user-friendly web trading platform and supports multiple payment methods for convenience. Customer support is available via email and phone during business hours across different international offices. Educational resources are offered free of charge, although no bonus offerings are currently available.

Overview of Silom International

Regulation

Xtrader365 operates without regulation. As such, it is not subject to supervision by any financial regulatory authority. This lack of regulation means that Xtrader365 may not adhere to the standards and protections typically enforced by regulatory bodies, potentially exposing investors to higher risks associated with unregulated trading platforms. Traders should exercise caution and consider the implications of trading with a non-regulated entity, as regulatory oversight often serves to safeguard client interests and ensure fair market practices.

Regulation

Pros & Cons

Xtrader365 offers several strengths and considerations for traders. Pros include its extensive array of tradable assets spanning Forex, Futures, Stocks, Crypto, and NFTs,meeting diverse investment strategies. The availability of multiple account types allows flexibility in choosing trading conditions. Free educational resources further enhance its appeal by supporting traders' knowledge and skill development. However, potential drawbacks include the lack of regulatory oversight, which may raise concerns about investor protection and market fairness. Limited payment methods could restrict convenience for some users, and customer support availability during specified hours may not meet the needs of all traders, particularly those in different time zones requiring immediate assistance. These factors should be weighed carefully by investors when evaluating Xtrader365 as a trading platform.

Pros Cons
  • Wide Range of Tradable Assets
  • Lack of Regulation
  • Multiple Account Types
  • Limited Payment Methods
  • Free Educational Resources
  • Limited Customer Support Hours

Market Instruments

Xtrader365 provides a robust selection of market instruments, encompassing a wide range of asset classes,like Forex,Futures,Futures,Stocks,Crypto,NFT. Traders can access Forex pairs for currency trading, Futures contracts for commodities and indices, Stocks representing various global companies, as well as Crypto assets including cryptocurrencies like Bitcoin and Ethereum. Additionally, Xtrader365 supports trading in NFTs (Non-Fungible Tokens), reflecting its commitment to offering innovative investment opportunities in digital assets.

Market Instruments

Account Types

Xtrader365 offers a range of account types designed to accommodate various trading needs and preferences. Starting from Silver, Gold, and Platinum accounts, each tier provides escalating benefits such as personalized support, trading tools, and potentially lower trading costs. The VIP Club account offers the highest level of service with exclusive features tailored for experienced traders or those with larger trading volumes.

Account Types

How to open an account

Visit the Website: Navigate to the Xtrader365 website and locate the registration section.

Fill Out Registration Form: Click on the “Register” button and enter the required information into the registration form. This typically includes personal details such as your name, email address, and phone number.

Verify Your Email: After submitting the registration form, check your email for a verification message from Xtrader365. Click on the verification link provided to confirm your email address.

Account Activation: Once your email is verified, your account with Xtrader365 will be activated. You can then log in to your account using the credentials you provided during registration and proceed with funding your account to start trading.

Trading Platform

Xtrader365's trading platform is accessible through their web-based interface, known as WebTrader. This platform offers traders a user-friendly experience directly from their web browsers, eliminating the need for additional software downloads. With WebTrader, users can execute trades, monitor market movements, and manage their accounts seamlessly.

Trading Platform

Customer Support

Clients can contact this broker through the following contact channels:

Email: support@xtrader365.com

Time: Call Center Hours,Monday to Friday10:00-19:00 GMT+3Closed public bank holidays

phone:

Cyprus Office: +35724020170

Australia Office: +61287665061

South Africa Office: +27129800579

United Kingdom Office: +441953667642

Customer Support

Trading Hours

Xtrader365 offers non-stop trading opportunities throughout the week, operating 24 hours a day from Monday to Friday. The platform provides continuous access to Forex, Futures, Stocks, Crypto, and NFT markets, allowing traders to participate in global financial activities without interruption. Trading activities pause briefly over weekends, ensuring traders can strategize and plan for the upcoming market sessions.

Trading Hours

Conclusion

In conclusion, Xtrader365 presents a versatile trading platform catering to a diverse range of investors with its comprehensive selection of tradable assets including Forex, Futures, Stocks, Crypto, and NFTs. The platform's multiple account types accommodate varying trading preferences, supported by a user-friendly web-based interface that facilitates seamless market engagement. While offering 24-hour trading opportunities from Monday to Friday, Xtrader365 ensures accessibility and flexibility for traders globally. However, prospective users should note the platform's lack of regulatory oversight, which may impact risk management and investor protection. Overall, Xtrader365 appeals to traders seeking extensive market access and flexibility, albeit with considerations for regulatory aspects.

FAQs

Is Xtrader365 regulated by any financial authority?

No, Xtrader365 operates without regulatory oversight. This means it is not supervised by any financial regulatory authority, potentially exposing traders to higher risks compared to regulated platforms. Traders should consider this factor when evaluating their choice of brokerage.

What are the available payment methods on Xtrader365?

Xtrader365 supports various payment methods including Visa, Mastercard, QIWI, Skrill, Bitcoin, Neteller, and Webmoney. These options provide flexibility for depositing and withdrawing funds, catering to diverse user preferences.

How can I contact customer support at Xtrader365?

Xtrader365 offers customer support via email and phone. You can reach them at support@xtrader365.com for inquiries. Additionally, they provide phone support during business hours, Monday to Friday, from 10:00 to 19:00 GMT+3. Phone numbers for their Cyprus, Australia, South Africa, and UK offices are available for direct assistance.

Risk Warning

Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

Comments

Xtrader365 is a good option for experienced traders who are looking for a platform with a wide range of features and services. However, the exchange's fees are a bit high, and its customer support could be better.

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