XTrade is an established CFD broker that is owned and operated by Xtrade Au Pty Ltd.
They are officially located at: 1 Queens Road, Saint Kilda Road Towers, Melbourne, Victoria 3004 Australia. Their main phone number in Australia is: +61390881303, and in Cyprus: +35725030742, and investor support email address is: [email protected]. Official website: https://www.xtrade.com.au/.
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XTrade is a leading CFD broker, and they provide a wide range of assets for investors to trade. They are offering CFD trading facilities on Indices, Commodities, Forex and Shares. Traders and investors can take advantage of the user friendly, web based trading platform. When placing orders, you have the ability to set a few other variables to capture profits and limit losses. They include the “Close at profit”, “Close at loss” and “Buy when Rate is” features.
Traditional investors will find the industry standard MetaTrader4 platform. Additionally, they offer a great mobile app for iOS, Android, and Windows, for easy trading on both your Tablet and Smartphone, see here.
Four account types are offered by this broker, and the minimum deposit for a standard trading account is $250. Multiple methods for funding your trading account are available including: Credit Card, Bank Transfer and Alternative Payment Methods.
Is XTrade a Legit Broker?
When reviewing and comparing CFD and Forex brokers it is important to check that they are actually licensed to operate. The reason to trade with a licensed broker is that in the event that the broker becomes insolvent, your money is protected.
- XTrade Australia is licensed and regulated by ASIC and located at: 39-41 Chandos Street Level 1, St Leonards, NSW 2065, Australia. Their ASIC ACN is 140899476 and license number is 343628.
- XTrade Europe Ltd, operates the website OffersFX.eu and they are licensed by CySEC number 108/10. They are also registered in South Africa with FSCA license # 46600.
- Xtrade International Ltd is located in Belize, and regulated by the International Financial Services Commission (IFSC/60/383/TS/19).
There are many Forex brokers to compare and choose from online. Most traders choose to invest and trade at licensed and regulated broker instead of a scam broker.
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