Xtrade

WikiFX | 2025-01-03 16:35

Extrait：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
Customer Support	Email: info@xtrade-dm.net

Xtrade Information

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 and Cons

Pros	Cons
Various market instruments	The current regulatory license has exceeded
Provides demo account

Is Xtrade Legit?

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

What Can I Trade on Xtrade?

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	✔

Account Type

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 Fees

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.

Trading Platform

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

Deposit and Withdrawal

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