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Xtrade Guide – Read our In-Depth Xtrade Review

This Xtrade review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Xtrade review does not apply to US users.

This Xtrade review contains the latest information about Xtrade.

If you are a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to select the ideal agent who'll be clear with you always.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program will generate hefty returns. Xtrade is one such stage that will take you along with your investment to great heights. It is crucial that you understand about Xtrade before you trust them with your cash.

Xtrade review

Our entire Xtrade Review covers all you need to learn about trading with Xtrade. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing objectives.

There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you select them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.

Xtrade is a broker that has forged its way successfully into the broker world. In this review, we've tried to collate some of the vital facets of Xtrade. This review can allow you to understand whether Xtrade is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and fees for your convenience.

Xtrade Review, Table Of Contents

Who are Xtrade?

Xtrade is a forex broker headquartered in Australia and provides a variety of tools for trading. Since its start in 2003, Xtrade has emerged as a top player in the field of online broker. Xtrade includes an extremely aggressive and full-featured trading site that's focused on currency, indices, metals, shares, commodities.

Over the past 18 years, Xtrade has grown into one of the leading online brokers.

After establishing in 2003, their consumer base is becoming as large as 10,000+ clients.

Xtrade is a favorite of many dealers.. Our Xtrade review found that they're an superb choice for automated trading solutions. It is most appropriate for investors who are looking for a variety of assets. Social and automated trading solutions are the heart at Xtrade.

Technology plays a significant role in Xtrade. Xtrade features trading on . Xtrade is fair, transparent, and a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.

The trader resource department at Xtrade is quite insightful for new dealers since it permits them to have a closer look in the financial markets. Xtrade caters to all sorts of traders and are a must-have broker for any well-diversified approach to trading.

Benefits of doing online trading with Xtrade?

Trading with Xtrade comes with numerous benefits. These advantages are what sets Xtrade apart from the rest of the online agents. You should check all the benefits listed so that you have a better comprehension of Xtrade.

The agent goes to great lengths to comprehend what traders want. As a result, the service cost is low, quick, and convenient. The agent also gives a number of programs for all types of traders. Xtrade helps to ensure that the individual needs of all online traders are duly met.

Xtrade also includes excellent trading conditions which are readily available to just an elite class of institutional customers. The tight spreads and quick executions are a fantastic advantage for the traders. The technology adopted by Xtrade is among the maximum caliber, ensuring that it's fast, reliable, and effective.

Xtrade admits the significance of having a fast order execution. A quick implementation will allow users to trade without fretting about slippage safely. It will also help the traders to grab the maximum profitable opportunities.

Automated trading is another major facet of Xtrade. A new dealer can learn from industry experts using the automated trading alternative. The tight spread starts from as low as 0.0 pips, even though they are available for just razor balances.

Xtrade has over trading tools to support all types of traders. These tools are dynamic and suitable for both new and seasoned traders. The dealers can set aside all their worries when trading using Xtrade.

Xtrade overview

Year Founded: 2003

Regulated By: Cyprus Securities and Exchange Commission (CySEC)

Hedquarters: Australia

Minimum Deposit: $1

Number Of Clients: 10,000+

Losses can exceed deposits

If you feel that Xtrade is not right for you then at the bottom of this Xtrade review you wil find a lot of alternatives to Xtrade.

Everything you should know about trading using Xtrade

Xtrade is a lively platform that provides various procedures of trading. These tools cover the monetary markets substantially. The Majority of the brokerage platforms offer less procedures than Xtrade

If you would like to trade with Xtrade, you will require a minimum deposit of $1. This deposit is compulsory if you wish to begin trading using Xtrade. This 2021 Xtrade review will direct you easily about trading with them.

Xtrade is as flexible as any other brokerage platform. Xtrade is ideal for traders who want a manageable array of low-cost services. The platforms provided by Xtrade are third party, white-label offerings. All traders may choose from .

Together with everything, Xtrade has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction must be kept open. The agents provide premium client service that rewards customers with advantages.

Many less reputable brokers attempt to pressurise consumers into larger funding for superior services. Xtrade, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more benefits will become available.

Xtrade accounts are available all over the world and provides outstanding service wherever they have customers. There are a few countries where Xtrade accounts are not available. Traders in the following countries cannot open or use a Xtrade account:

Is Xtrade Safe To Trade With?

Launched in 2006, Xtrade has been in operation for 18 years, they are headquarted in Australia.

Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that make sure that trading platforms have measures in place to maintain investor's resources secured. This means that Xtrade users do not need to be worried about their money since it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.

You are able to make use of a choice for 2 Factor Authentications (2FA) with Xtrade for heightened security. An SMS for the verification code will be sent to your phone. You will be asked to input this code to log in to your account.

Another concern with financial brokers with respect to safety might be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is more widespread in the case of Market Maker agents who compete with customers on the stage.

Pro's & Con's Of Trading With Xtrade

Every online trading platform has a few pros and cons Xtrade review would be complete without having a balanced approach. This Xtrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Xtrade Pro's

  • Xtrade is trusted by 10,000+ clients
  • Xtrade doesn't charge withdrawal fees
  • Xtrade doesn't charge inactivity fees
  • Xtrade doesn't charge deposit fees
  • Xtrade doesn't charge CFD fees
  • Xtrade offer trading on
  • Xtrade offer trading instruments
  • Xtrade can communicate in

Xtrade Con's

  • Xtrade does not offer Negative Balance Protection
  • Xtrade does not offer Guaranteed Stop Loss
  • Xtrade doesn't trade major forex pairs
  • Xtrade doesn't trade minor forex pairs
  • Xtrade doesn't trade exotic forex pairs
  • Xtrade doesn't offer trading on cryptocurrencies

Xtrade Review - Compare Brokers Similar To Xtrade

Xtrade Sharekhan AxiTrader Forex Financial Services
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $1 $0 $0 $2500
Year Founded 2003 2000 2007 2008
Headquarters Australia India Australia Australia
Regulated By Cyprus Securities and Exchange Commission (CySEC) Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) Australian Securities and investment Commission (ASIC)
Clients 10,000+ 1,500,000+ 10,000+ 10,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk Losses can exceed deposits Your capital is at risk

Xtrade Review - Regulation And Licencing In More Detail

Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC).

Xtrade, as a company, has a powerful set of rules for ensuring fair trading onto its platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. This includes credit history and other financial details.

Xtrade Review - Awards

    At the time of writing this Xtrade review, they had not received any awards.

Xtrade Review - Minimum Deposit Required

The minimum deposit that you must deposit to begin on Xtrade is $1. This is an adequate amount for people just starting out. It's possible to make more complex deposits as you go along. But, ensure you know how to make the most of your money before investing in larger amounts.

Xtrade Review - Commission And Fees Explained

Xtrade is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of customers they have.

However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three types of fees for this objective.

The first sort of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these cases, you're spending a spread, funding rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are billed when you hold a leveraged position for more than daily.

Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They are charged for operations like depositing money, not investing for long periods, or withdrawals.

In general, Xtrade does not charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who often exchange, such as weekly or daily trading.

But, non-trading fees billed by Xtrade are relatively higher. As a result, you are charged more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of assets.

This Xtrade review breaks down each of the relevant non-trading charges for you in detail.

Compare broker fees against Xtrade

Xtrade Sharekhan AxiTrader Forex Financial Services
Minimum Deposit $1 $0 $0 $2500
Withdrawal Fees No variable variable
Inactivity Fees No No
Deposit Fees No variable
CFD Fees No Yes

Xtrade Review - Withdrawal Fees Explained

Xtrade doesn't charge withdrawal fees

Withdrawal of cash is possible at any moment from your Xtrade account. You can draw up sums to the sum of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't necessarily have to have any cash in your accounts.

In addition, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent to the card. Xtrade will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are choosing to draw in.

Xtrade Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions which run through your mind when open an account with Xtrade. An inactivity fee is an amount charged to registered dealers that have not engaged in purchasing or selling for a while. The period considered inactive is determined by the agent.

The inactivity fee differs from 1 broker to another and isn't generalized. If a dealers account does not have a purchasing or selling trade, it's claimed by the agent as an inactivity fee. The traders need to pay this commission under terms and conditions that they had agreed while registering.

Xtrade doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees have been implied by Xtrade, it's better that you close the account if you are inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is subjected to many conditions and needs to be revealed clearly by the broker beforehand.

Xtrade Review - Deposit Fees Explained

When you move money in your trading account from the bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this operation.

Xtrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the Xtrade trading platform is simple. You just need to finish a single-user profile survey to start depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit substantial sums.

Xtrade Review - Compare Broker Deposit Methods

Xtrade Sharekhan AxiTrader Forex Financial Services
Minimum Deposit $1 $0 $0 $2500
Credit Card No Yes
PayPal No No
Neteller No Yes
Skrill No No
Payoneer No Yes

What Can You trade With Xtrade?

Note: Xtrade provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different depending on the country of residence of the client.

Xtrade has a wide variety of over instruments available for you to trade with.

If trading forex pairs is of interest to you then Xtrade offer over forex pairs.

Compare Xtrade, Sharekhan, AxiTrader & Forex Financial Services below.

Xtrade Sharekhan AxiTrader Forex Financial Services
Platforms Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps MT4
Instruments Available 5000 100 106
Forex & Crypto
Forex Pairs Available 0 100
Offers Major Forex Pairs? No Yes Yes
Offers Minor Forex Pairs? No Yes No
Offers Exotic Forex Pairs? No Yes No
Offers Cryptocurrencies? Yes Yes Yes
Commodity CFD's
Commodities Offered 0 14 20 0
Trade Metals? No Yes Yes
Trade Energies? No Yes Yes
Trade Agricultural? No Yes Yes
Indiced & Stock CFDs
Stocks Offered 14 20 0
Trade UK Shares? No Yes Yes
Trade US Shares? Yes Yes No
Trade German Shares? No Yes No
Trade Japanese Shares? No Yes No


Losses can exceed deposits


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

Alternatives To Xtrade

If, after studying this Xtrade review, Xtrade does not quite meet your needs check out these Xtrade alternatives.

We've scoured the web to find the best alternatives to Xtrade. Click the links below to find out more.

Frequently Asked Questions about Xtrade

Can I try Xtrade before I buy?

Yes, you can most certainly try Xtrade before you buy. Xtrade offers demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you register to get a demo account on Xtrade, you will set out with a decent amount of virtual currency. It is to establish a feeling of safety and confidence in you before you decide to invest your own money.

With this digital Xtradedemo account, you can experiment at all, to whatever length you desire. You can also start positions, examine different trading approaches, and much more.

Xtrade specifies on its official website which you are able to exchange real time stocks with your demo account.

Is Xtrade safe?

You can drop all your worries because we believe that Xtrade is totally safe to use. It is in compliance with the rules of Cyprus Securities and Exchange Commission (CySEC).

Nevertheless, Xtrade doesn't provide assured stop-loss protection.

Why does Xtrade ask for my passport?

The reason that Xtrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Xtrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Xtrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Xtrade?

The process to start trading withXtrade is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Xtrade website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Xtrade is $1. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Xtrade.

The best way to kickstart your trading career with Xtrade is to open a demo account facility before risking any real money

What funding methods do Xtrade accept?

There are a number of ways to finance your accounts with Xtrade. The process is effortless and quick, with different payment methods in your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must keep in mind that PayPal isn't available in all country. The currencies Xtrade

Is my money safe with Xtrade?

Yes, your cash is safe and secure with Xtrade. As you know, Xtrade operates with good conformation to. It's established lots of steps to guard all its investors.

Xtrade safeguards its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you wish to further safeguard your accounts, it is possible to enable Two-Step Verification also. It requires an SMS affirmation that you get your accounts.

Is Xtrade trading good?

Yes, trading through Xtrade is a pleasant and good experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. In addition, you can also gain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.

If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform for yourself.

Which Countries does Xtrade support?

Xtrade operates around the globe. However, due to regulations there are some countries that Xtrade cannot accept clients resident in

Is Xtrade legit?

Xtrade is a legit company headquarted in Australia since 2003. They are regulated by Cyprus Securities and Exchange Commission (CySEC). Xtrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Xtrade a good broker?

Xtrade is an excellent broker, and its users may vouch for this. The highlight of this platform is its fast order execution on transactions.

You will find the clean design of this platform along with the admirable features a pleasure to work with.

Is Xtrade a trustworthy broker?

Yes, Xtrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Xtrade?

The minimum deposit to open a live account with Xtrade is $1

How long do Xtrade withdrawals take?

Normally, withdrawal of money from Xtrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Xtrade to show in your bank account.

Are Xtrade regulated?

Xtrade are regulated by Cyprus Securities and Exchange Commission (CySEC)

Is Xtrade a market leading broker?

Xtrade is indisputably among the industry leaders. It has over 10,000+ registered customers and over 18 years of expertise on its own record. They're one of the world's top trading platforms and a dominant figure in the Fintech revolution.

It majorly owes this standing to its incredible platform and broad selection of tools plus resources so you can put money into capital markets.

Is Xtrade a con?

No, Xtrade is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that Xtrade is not a scam.

Can you make money with Xtrade?

Using Xtrade, several traders earn a great deal of money. However, typically, through continual trading, you can create between 2% - 10% profit a month.

This can look like a small number, but over the entire year, this adds to a substantial number of gains. While Xtrade provide you all the tools to make money, they cannot guarantee that you will gain.

Does Xtrade have fees?

Yes. To begin trading using Xtrade, you need to deposit $1. Particular commissions while trading also applies. Any processing fees from your bank might have to be incurred by you.

When was Xtrade founded?

Xtrade was founded in 2003 in Australia. Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC).

How many people use Xtrade?

Xtrade is a globally recognised agent with 10,000+ clients.

Where is the Xtrade head office?

Xtrade has its head office in Australia

Does Xtrade offer negative balance protection?

No. Xtrade doesn't provide negative balance protection. If your balance is unfavorable, Xtrade indicates that you promptly contact client services. For this, you are able to correct any imbalances within your own account.

Does Xtrade offer guaranteed stop loss?

Xtrade regrettably, does not offer guaranteed stop loss. Xtrade provides a chance to its traders to close their trade at their specified price. Aside from this, Xtrade doesn't offer guaranteed stop loss.

Does Xtrade allow scalping?

Yes, Xtrade do allow scalping. Several traders across the world choose Xtrade due to their scalping services. They offer trading on which let this.

Does Xtrade allow hedging?

Yes, Xtrade does allow hedging.

Can you trade energies with Xtrade?

No, unfortunately you cannot trade energy stock with Xtrade

Can you trade agricultural shares with Xtrade?

No, unfortunately you cannot trade agricultural stock with Xtrade

Can you trade cryptocurrency with Xtrade?

No, unfortunately you cannot trade cryptocurrency with Xtrade

Can you trade metals with Xtrade?

No, unfortunately you cannot trade metals with Xtrade

Can you trade UK Shares with Xtrade?

No, unfortunately you cannot trade UK shares with Xtrade

Can you trade US Shares with Xtrade?

No, unfortunately you cannot trade US shares with Xtrade

Can you trade Japanese Shares with Xtrade?

No, unfortunately you cannot trade Japanese shares with Xtrade

Can you trade German Shares with Xtrade?

No, unfortunately you cannot trade German shares with Xtrade

Does Xtrade accept bank transfers?

No, Xtrade does not accept bank transfers.

Does Xtrade accept credit cards?

No, Xtrade does not accept credit cards.

Does Xtrade accept PayPal?

No, Xtrade does not accept PayPal.

Does Xtrade accept Skrill?

No, Xtrade does not accept Skrill.

Does Xtrade accept Payoneer?

No, Xtrade does not accept Payoneer.

Does Xtrade accept Neteller?

No, Xtrade does not accept Neteller.

Does Xtrade offer Live Chat customer support?

No, Xtrade does not offer customer support through live chat.

Does Xtrade offer phone customer support?

No, Xtrade does not offer customer support over the telephone.

Does Xtrade offer email customer support?

No, Xtrade does not offer customer support through email.

What languages can Xtrade communicate in?

Xtrade has the ability to communicate and support customers who speak:

Does Xtrade have a wikipedia page?

No, Xtrade does not have an official wikipedia page.

Does Xtrade offer demo accounts?

Yes, Xtrade offers demo accounts so you can learn their systems before risking any real money.