Traders Trust
Xtrade
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Overview
Traders Trust was founded in 1998 and is headquartered in Cyprus, while Xtrade was established in 2003 and is based in Australia. Traders Trust holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Traders Trust serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $100 at Traders Trust and $1 at Xtrade.
| Feature | Traders Trust | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1998 | 2003 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Traders Trust and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Traders Trust). Neither broker charges withdrawal fees. Traders Trust applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; Traders Trust does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Traders Trust | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Traders Trust offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Traders Trust supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Traders Trust | Xtrade |
|---|---|---|
| MT4 | Yes | 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 Traders Trust and Xtrade compare. Traders Trust runs regular live webinars; Xtrade does not. Traders Trust has a video library; Xtrade does not. Traders Trust publishes daily market commentary; Xtrade does not. Traders Trust integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. Traders Trust maintains an archive of past webinars for on-demand viewing. Traders Trust scores higher overall in education and research.
| Feature | Traders Trust | 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. Traders Trust uniquely supports bank transfer and credit/debit card among the two brokers. Traders Trust scores higher on deposit and withdrawal flexibility.
| Feature | Traders Trust | 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 Traders Trust and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Traders Trust offers multilingual support. Both brokers are comparable on support quality.
| Feature | Traders Trust | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |