Trade XN -Some Important Details about This Broker
Abstract：TradeXN is a powerful and easy-to-use trading platform solution founded in 2006. It allows clients to trade through various markets. The platform offers competitive spreads and zero commission fees with premium customer support and technical expertise available.
| TradeXN Review Summary | |
| Founded | 2006 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.6 pips |
| Trading Platform | WebTrader |
| Minimum Deposit | $1 |
| Customer Support | Email: support@tradexn.com |
| Contact form | |
| Regional Restrictions | Algeria, USA, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Ecuador, Iran, Syria, North Korea, Sudan, US minor outlaying islands, American Samoa, Russia |
TradeXN Information
TradeXN is a powerful and easy-to-use trading platform solution founded in 2006. It allows clients to trade through various markets. The platform offers competitive spreads and zero commission fees with premium customer support and technical expertise available.
Pros and Cons
| Pros | Cons |
| Demo account available | No regulation |
| Zero commission fees | Regional restrictions |
| Low minimum deposit of $1 | No MT4 or MT5 |
| Long operational history | Limited contact channels |
Is TradeXN Legit?
TradeXN is not regulated by any authorities. Besides, its domain status shows that client transferring and updating are prohibited. Please be aware of the risks!
What Can I Trade on TradeXN?
TradeXN covers more than 100 markets, including over 50 Forex instruments, over 20 commodities, over 15 available cryptocurrency markets and over 20 indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptos | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
TradeXN offers leverage of up to 1:500. A high leverage ratio brings high returns along with high risks.
TradeXN Fees
Overall, TradeXN's trading fees are considered slightly lower than industry averages, especially with free commissions and competitive spreads.
Spreads: Start from 1.6 pips
Commissions: Free.
Swap: Free.
| Non-Trading Fees | Details |
| Deposit Fee | 0% |
| Withdrawal Fee | 1% |
| Inactivity Fee | $300(90 days) |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MetaTrader 4 (MT4) | ❌ | / | Beginners |
| MetaTrader 5 (MT5) | ❌ | / | Experienced traders |
Deposit and Withdrawal
TradeXN only charges withdrawal fees, ensuring a simple and quick withdrawal process.
| Deposit Options | Minimum Deposit | Fees | Processing Time |
| Not mentioned | $1 | 0% | Not mentioned |
| Withdrawal Options | Minimum Withdrawal | Fees | Processing Time |
| Not mentioned | Not mentioned | 1% | Within one working day |
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