Trade Zero
Xtrade
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Overview
Trade Zero was founded in 2014 and is headquartered in Bahamas, while Xtrade was established in 2003 and is based in Australia. Trade Zero holds licences including Securities Commission of the Bahamas (SCB), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Trade Zero serves 2,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $500 at Trade Zero and $1 at Xtrade.
| Feature | Trade Zero | Xtrade |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2014 | 2003 |
| Country | Bahamas | Australia |
| Clients | 2,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Trade Zero and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Trade Zero). Neither broker charges withdrawal fees. Xtrade charges deposit fees; Trade Zero does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Trade Zero | Xtrade |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Trade Zero offers MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade Zero supports social and copy trading features, which Xtrade does not offer. Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Trade Zero | Xtrade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Trade Zero and Xtrade compare. Trade Zero runs regular live webinars; Xtrade does not. Trade Zero has a video library; Xtrade does not. Trade Zero publishes daily market commentary; Xtrade does not. Trade Zero integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. Trade Zero maintains an archive of past webinars for on-demand viewing. Trade Zero scores higher overall in education and research.
| Feature | Trade Zero | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Trade Zero uniquely supports bank transfer and credit/debit card among the two brokers. Trade Zero scores higher on deposit and withdrawal flexibility.
| Feature | Trade Zero | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Trade Zero and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Trade Zero offers multilingual support. Both brokers are comparable on support quality.
| Feature | Trade Zero | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |