Xtrade

Brief info about the broker
Name of the company:	Xtrade
Minimum deposit:	50$
Trading platform:	Xtrade webtrader
Instruments:	1000
Spread:	from 3$
Minimum lot size:	0.1
Maximum number of transactions:	not limited
Stop Out:	0.1%
Demo account:
Scalping:	not
Official website:	https://www.xtrade.com/

About

 Xtrade is an international company and a provider of CFD contracts (Contracts for Difference) — one of today’s most popular tools to make profit on the financial market. CFD allows to make profit from fluctuation of prices of various market assets without actually buying or selling these assets, so it requires much lower investments. It means that thanks to CFD making profit on the exchange becomes available for practically everyone — even for beginners with meager initial capital. This is why Xtrade services are in great demand with traders from 140 countries of the world.

Head management of this dealing center are professional financial experts with many years’ working experience who know the traders’ needs. Reliability of the company can be further confirmed by Xtrade being licensed by several regulators: the Cyprus Securities and Exchange Commission, the International Financial Services Commission Belize, and the Australian Securities & Investments Commission.

Trading Platform:

As a rule, when choosing a financial company first of all traders pay attention to the trading platform. Xtrade offers user-friendly and functional platform that allows to trade on the exchange floors of the USA, Asia and Europe anytime and anywhere. The platform operates with extremely high speed, so orders are executed almost instantly.

One more advantage is that the platform is available in several versions — for PC, and for mobile devices on iOS and Android.

Bonuses

Xtrade Company has various bonuses for its customers. For beginners the company offers welcome package with bonus from 20% to 60% depending on the amount of initial deposit. Additionally, there are special bonuses for verification of your account (30 USD) and for phone verification (20 USD).

One more pleasant surprise for beginners is the first trade at the broker’s cost. For traders to start trading on the financial market with more confidence, Xtrade compensates possible loss from the trade to the amount up to 120 USD.

Risk Management

Risk management is one of major aspects of successful trading, and Xtrade offers several convenient tools to minimize risks and maximize profit from trading.

The first tool is flexible leverage. Trader can select leverage depending on his trading strategy or trade with no leverage at all.

The second tool is Stop Loss Order. It is an order that can be added to the trade prior to its opening or after the trade is already opened. This order automatically closes the trading position if it’s not profitable in order to minimize potential loss.

The third tool is Take Profit Order. It allows to fix the profit at your desired level.

Finally, one more tool is Limit Order allowing to open a pending order at a better price than the current market rate.

Education

Xtrade pays great attention to educating beginners. For them the company’s website offers ‘Academy’ section containing video tutorials and up-to-date market information. Additionally, every client can open a demo account with Xtrade allowing to study the CFD trading for free.

Deposit and Withdrawal of Funds

Xtrade offers popular e-payment systems (for example, UnionPay, PayPal, AliPay, Boleto, and CashU) and bank cards Visa and MasterCard to deposit funds to your trading account and to withdraw funds. There are more than 40 payment methods available on the website, and some of them have limitations per every single transaction. The client must remember that the funds can be withdrawn via the same payment method used for depositing.

Customer Care

One of benefits of customer care is that the client’s queries at Xtrade are always processed by professional specialists. You can contact customer support by e-mail, phone, and online-chat. Customer support agents speak the client’s selected language, and it makes cooperation with Xtrade comfortable.

Conclusions

Xtrade Company is one of progressive and innovative CFD-brokers, and it can be recommended as a reliable financial partner. $100 minimum deposit makes trading affordable, and the variety of market assets and risk management tools allows to get high profits.