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Xtrade

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Poland
1 review
2 helpful votes
Follow Nikodem B.
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Thank you, XTrade, for variety of financial instruments! Very large selection! I'm sure that more instruments is better. It's best way to distribute assets. It means that profit increases and risks decrease.
Some of my orders placed by less active instruments, which bring small but stable profit. Another part is investments into more risky instruments that can bring more profit!

Good luck, everyone!

Date of experience: May 30, 2022
GB
1 review
2 helpful votes
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Advantageous platform
November 2, 2022

Xtrade trading platform makes trading easy to execute. There are useful tools that allow you to analyze with more efficiency right in the platform. One of these tools is the insightful economic calendar where you can look up the current financial statistics. And also there is a possibility to read about the news and how it affects the market. Very handy for fundamental analysis users.

Date of experience: November 2, 2022
Portugal
1 review
5 helpful votes
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I made a positive decision in favor of this broker once I tried their web platform AKA Webtrader. I found it very good in all regards, including functionality and user-friendliness. In addition to this, I also appreciate the fact that the broker doesn't charge fees on withdrawals. I usually withdraw money frequently and respectively I will not lose money here.

Date of experience: December 21, 2021
France
1 review
0 helpful votes
Follow Lucien C.
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When I opened trading account, I had some doubts about XTrade's reliability. I think this happens to all traders. But after few months of trading on broker's platform, I realized it is a reliable company! So I decided to share my feelings.

Date of experience: October 4, 2022
Italy
1 review
0 helpful votes
Follow Mirko M.
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Minimum deposit
August 25, 2022

I chose Xtrade cause broker's trading conditions appealed to me. In addition, it is reliable and honest company.

My plan was to open trading account with $150 and gradually increase it by my trading strategy. But I was a bit confused by minimum deposit size. I understand reason for this minimum deposit limitation. In this way broker protects clients' funds from losses. After all, traders can not always accurately calculate lot size, and it can lead to deposit loss.
I have safe trading strategy and experience in trading. But I still had to open account with $250. Okay, at least my money is safe, and probability that I will lose my deposit is very small.

Date of experience: August 25, 2022
Estonia
1 review
0 helpful votes
Follow Tõnu K.
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I used to trade with several brokers at once. Then I decided to narrow down the sample and go to one particular broker. I chose Xtrade broker for this purpose. In general I have been trading for a long time and I thought that nothing could surprise me, because I had much experience. But when I started trading with Xtrade I was really surprised, even though I've read good reviews about them before. Here one broker has everything you need for successful trading. I like their Xtrade trading platform. When I started using their trading platform, I found it to be very comfortable.

Date of experience: November 9, 2021
Estonia
1 review
0 helpful votes
Follow Jaan P.
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I'm newbie to trading and had very little money to start. Thats why i chose xtrade. Minimum deposit of 250 bucks was a good deal because there is no deposit fees.
So i consider my money will work for me without subtraction in favor of bank

Date of experience: June 5, 2022
Germany
1 review
0 helpful votes
Follow Frederik B.
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I haven't explored this broker completely yet. I'm still in the process of doing this. It offers what I haven't seen before. I don't understand some feature, although I don't need everything it offers. As of now, I can say that I'm already benefitting from government bonds. I never traded them before. I read a corresponding article on their site and found it very interesting and started to trade these assets. However, just bonds alone can't be enough. I also trade majors.

Date of experience: November 29, 2022
GB
14 reviews
14 helpful votes
Follow Stephen P.
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Let me start with the good things.
They have really great trading conditions. Even with an not that bg depo you can feel comfortable here and use all the company's services.
The only thing I do not like is maybe their analytics, they provides some general overview and it's not usefeul for me personally...
I know it's not the most important thing, but still.

Date of experience: May 27, 2022
Netherlands
1 review
0 helpful votes
Follow Micha B.
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The broker's custom platform is not so good, compared to MTs, but it's acceptable. I'm just too conservative. Afterall, I don't see more cons here. I like that it offers government bonds. It's not the only broker that offers such assets but it's the first broker that drew my attention to this. I read an article about bonds on their site and became interested.

Date of experience: October 18, 2022
Italy
1 review
1 helpful vote
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My sincere opinion
September 28, 2022

Sincerely speaking this broker remained positive impression. In general, there is everything that traders need. Quick trading platform, well-developed learning center with glossary, articles, news section and other tools, responsive customer support which is ready to help you any time.
So, there is nothing to complain about. Perhaps, this company isn't popular among trader, but, it's worth trading here, I bet. There are some drawbacks, for example, lack of MetaTrader platform, but you quickly get used to Xtrade platform.

Date of experience: September 27, 2022
Czechia
1 review
1 helpful vote
Follow Ondrej F.
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Everything is smooth
August 6, 2022

This is comparatively a good broker. It's well regulated, and it offers all the legal information right on the website. Guess that it's pretty important for those ones who always bother about beign scammed.
Gotta admit the fact that trading here is pleasant. No interruptions with the platform. I hate when there are such ones. They don't allow me to concentrate on trading.

Date of experience: August 6, 2022
Hungary
1 review
0 helpful votes
Follow Patrik S.
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The trading conditions here are quite optimal for me and it was the reason why I made a positive decision in favor of this broker. They offer a good leverage size. To be exact, it's 1:400 for Forex instruments. I don't need a higher leverage size and I create my strategies based exactly on this leverage size. I would rather agree with some gurus that one shouldn't use leverage at all. Perhaps, they are absolutely right but look, these guys are already mature business sharks, their depos are huge and I do believe that they can afford trading without leverage. However, if your budget is not so impressive, leverage is the only way out. However, if it's possible to restrict leverage, you should do it.
Another reason for me to join this broker, the reason I learned from Xtrade reviews, was no withdrawal fees. I often withdraw money and this fact helps me to save money because I don't sacrifice a part of my gains when withdrawing money with this broker.

Date of experience: January 5, 2022
Spain
1 review
0 helpful votes
Follow Adrian M.
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I registered a trading account here because my friend recommended me it. He trades with this broker and I trust this person. By the time I joined that broker I traded currencies and metals only and I continued to trade this stuff with the broker. However, later I noticed they it offered ETFs and government bonds. These assets interested me and I started to trade them. I can't say that it's something extraordinary but it gives me an extra opportunity to earn money.

Date of experience: December 24, 2021
Czechia
1 review
0 helpful votes
Follow Jakub R.
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I joined this broker with a general purpose to trade currencies and indices - the thing many traders do today. Really, I thought why on earth should I invent a bicycle if there are proven solutions at hand such as those financial instruments mentioned above?
However, once I started to trade here I started to pay more attention to other things such ETFs and government bonds. I didn't make them my primary assets. As of now I still mostly trade indices as well as currency pairs, but I also added government bonds and ETFs to my list of favorites.

Date of experience: December 2, 2021
France
1 review
0 helpful votes
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My report
July 31, 2022

After two weeks of trading on broker's platform, I can confidently say that platform showed itself from good side. Of course, its interface differs from usual MetaTrader, but it is real to get used to it.

Date of experience: July 30, 2022
Spain
1 review
0 helpful votes
Follow Julian S.
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I came to this broker to trade government bonds. Earlier I didn't think about bonds, but then suddenly thought about the relationship between Fed rate hikes and the increased profitability of bonds in the long term.

Date of experience: August 16, 2022
Germany
1 review
1 helpful vote
Follow Welf W.
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Very competent broker
November 25, 2022

Brokers need to be competent above everything else. This broker is more than competent and I enjoy trading with the broker's proprietary trading platform. It is effective and functional and at the same time, simple.

Date of experience: November 23, 2022
Germany
1 review
0 helpful votes
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Bonuses from broker
August 11, 2022

When I opened my account few months ago, I didn't know that XTrade had bonus program for its customers. First of all, I looked at trading conditions and trading platform quality. So it was surprise to learn that XTrade offers bonuses to all new customers.
Oh, I'm sure few can compare to Xtrade in number of bonuses!
This broker offers awesome bonuses for newbies! For your first deposit, you can get up to $2500. If you verify your phone, you can get $25 more. Then you can pass verification and get percentage of deposit. Well, and for first transaction, bonuses are also available. In short, beginner who decides to open trading account here and start trading will receive whole set of fantastic bonuses.
I think it's excellent demonstration of brokers' care about newcomers. After all, newbies are the most exposed to risk. And thanks to such bonuses, beginning traders have financial support from broker.

Date of experience: August 10, 2022
Italy
1 review
2 helpful votes
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My broker
April 29, 2023

I like this broker for its simplicity and at the same time its comprehensive approach to the implementation of its activities.
And it definitely has some of the most competitive trading conditions.

Date of experience: April 27, 2023

Overview

Xtrade has been flagged for suspicious review activity. Many of the reviews look fake and are currently being investigated or have been removed.