➡️ In this section we will analyze Xtrade (also called by the name: xtrade.com, also xtrade.eu), is a broker of Forex, Cryptocurrencies and CFDs . Is Xtrade really recommended for an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
Now, you can find the following: opinions about Xtrade ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2022), and the most important: Is Xtrade ⚠️ a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ XTrade mentions being part of: Financial Arena Ltd. Update March 2022: Xtrade International Ltd.
❌ Regarding your location, the company is based in Cyprus. March 2022 update: Belize.
❌ If we analyze your fullfilment of security requirements, we observe that Xtrade it is regulated by CySEC. March 2022 update: Xtrade is regulated by IFSC (Belize).
⚠ ATTENTION: Xtrade has a regulation UNSAFE. ⚠
📌 Remember: the best option (and the safest) are the regulated brokers, since they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the types of account it offers XTrade, in this case, we observe that it offers 4 different types of plans. We will leave you an image with more information about each type of account.
Standard Account: minimum initial deposit $ 200, no-commission deposits, fixed spread, courses, video tutorials, seminars, daily reports, resource library.
Premium account: minimum initial deposit $ 1.000, no-commission deposits, fixed spread, courses, video tutorials, seminars, daily reports, resource library, personalized training.
Platinum Account: minimum initial deposit $ 5.500, yield 5.5% daily for 40 days.
VIP account: minimum initial deposit $ 25.000, no-commission deposits, fixed spread, courses, video tutorials, seminars, daily reports, resource library, personalized training, trend of the day, signal of the day, online chat.
In the next picture You will be able to have more information about the types of account. click here! to see the image in full size.
La platform to operate that Xtrade offers is: own platform.
Resources | Website
Here we will examine the different resources and aids for the trader that XTrade provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
XTrade provides the following aids or resources to traders or interested parties: explanation of the different instruments that are possible to trade with Xtrade, economic calendar, reports and autochartist alerts, financially relevant newsletter, video classes (although they are in English), electronic books (although to see these are necessary to have an account with Xtrade), glossary (in English), and explanation of some basic concepts of the world of trading.
ℹ Another Mavenir's customer information about XTrade ℹ
???? We will leave you something more than Mavenir's customer information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: xtrade.eu | xtrade.eu
📞 Telephone number+ 357 25030742
📧 Email: [email protected]
Maybe you wonder why we reviewed Xtrade. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.
You're a representative of this company? We recommend you leave a comment responding to customer concerns.
⚠ Valuation on XTrade ⚠
Ending with this section, in our opinion: Do we think the Xtrade company is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐
❌ After having examined it, we recommend to exercise caution, since although it is a regulated broker, unfortunately it is a very unsafe regulation, both the Cyprus regulation (which Xtrade no longer owns) as the Belize regulation (thousands of people have been scammed by brokers regulated by these bodies); has headquarters in countries with a very bad reputation (Belize, Cyprus) and finally, when looking for reviews about XTrade we found several negative reviews warning about this broker. ❌
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. (I.e.
⛔ Update January 2019 ⛔: due to different feedback received from Xtrade customers expressing problems withdrawing money, in addition to that we believe that CySEC regulation is not a “serious” regulation, we believe that Xtrade is not a good option.
⛔ Update March 2022 ⛔: the broker now mentions being regulated in Belize. This is considered one of the most dangerous of the world.
ATTENTION: We have received messages from clients assuring that XTrade maintains a close relationship with invest100, a broker with a lousy reputation with several complaints against it, accused of defrauding its users.
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻