Abstract:Xtprofit, founded in 2023, is a brokerage registered in the United Kingdom. The trading instruments it provides cover currencies, indices, commodities, stocks. It provides 4 types of accounts. But it is unregulated.
XtprofitReview Summary | |
Founded | 2023 |
Registered Country/Region | United Kingdom |
Regulation | No regulation |
Market Instruments | Currencies, indices, commodities, stocks |
Account Types | Standard, Advanced, Gold, VIP |
Trading Platform | Xtprofit Trading Platform |
Min Deposit | $2,000 |
Customer Support | Phone: 447418356230 |
Email: support@xtprofit.pro | |
Physical Address: 40 Bank Street, London E14 5AB, UK |
Xtprofit, founded in 2023, is a brokerage registered in the United Kingdom. The trading instruments it provides cover currencies, indices, commodities, stocks. It provides 4 types of accounts. But it is unregulated.
Pros | Cons |
Lots of trading products | No regulation |
Supports multiple deposit methods |
It is clear that Xtprofit is currently unregulated.
Xtprofit offers traders the opportunity to trade currencies, indices, commodities, stocks.
Tradable Instruments | Supported |
Currencies | ✔ |
Indices | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Forex | ❌ |
Cryptocurrencies | ❌ |
Futures | ❌ |
Options | ❌ |
Xtprofit offers 4 different types of accounts to traders - Standard Account, Advanced Account, Gold Account, VIP Account.
Account Type | Standard Account | Advanced Account | Gold Account | VIP Account |
Minimum Deposit | $2000 | $10000 | $25000 | $75000 |
Suitable for | Beginners | Intermediate traders | Seasoned traders | Businesses |
Xtprofit claims to offer low spreads and charge low fees. But there is no more information about fees on its official website.
Xtprofit's trading platform is Xtprofit Trading Platform.
Trading Platform | Supported |
Xtprofit Trading Platform | ✔ |
MT4 Margin WebTrader | ❌ |
MT5 | ❌ |
Xtprofit supports various deposit and withdrawal methods including Visa, Maestro, MasterCard, Skrill, PayPal, SWIFT, Neteller, and Citibank.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
GQFX Trading review 2025: Unregulated broker with poor ratings. Learn why trading with GQFX is risky and unsafe for your investments.