XTrade is an established CFD broker that is owned and operated by Xtrade Au Pty Ltd.
They are officially located at: 135 Macquarie Street, Suite 3, Sydney, NSW 2000, Australia. Their main phone number in Australia is: +61390881303, and in Cyprus: +35725030742. Client support email address is: [email protected].
Official website: https://www.xtrade.com.au/.
For complaints and withdrawal problems, read this.
XTrade Brokers Review
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.
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?
Yes, they hold a license in the various countries they operate.
- Australia: 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.
- South Africa: Peak Wealth PTY Ltd is regulated in South Africa by the FSCA, with FSP license number 44681.
- Belize: Xtrade International Ltd is located in Belize, and regulated by the International Financial Services Commission with license number 000281/343.
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.
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.
Compare Forex Brokers
You have many CFD brokers to choose from, and it is a smart move to have multiple trading accounts.
AvaTrade is a global broker that is licensed and regulated in many countries. Many investors are trading with AvaTrade because of their wide range of trading platforms, that cater to all types of traders. They offer social trading, also with options trading.
Learn more at: AvaTrade.com.
If you are currently using this broker, please share your thoughts with other investors in the comments below.