XTrade

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: +61 3 9088 1303, and in Cyprus: +357 25 030 742, and investor support email address is: info@xtrade.com.

Official website: https://www.xtrade.com.au/

XTrade 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, 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.

XTrade Trading Platform
Official XTrade Broker Review 2019

XTrade License and Regulations

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.

  • In Australia, they are licensed and regulated by ASIC, and they trade under the name XTrade Au Pty Ltd., located at: Level 1 39-41 Chandos Street, St Leonards, NSW 2065, Australia. Their ASIC ACN is 140899476 and their License number is 343628.
  • XTrade Europe Ltd, located at located at Vasileos Constantinou 140, 3080, Limassol, Cyprus, is a licensed and regulated broker. XTrade Europe Ltd complies with international regulatory standards and is authorized and regulated by CySEC (108/10).
  • In South Africa they are authorised and regulated by the Financial Sector Conduct Authority (FSCA) with license # 46600.
  • The regulator for Xtrade International Ltd is Belize International Financial Services Commission (IFSC/60/383/TS/15).

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Competitor Forex Brokers

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.

Most investors have multiple trading accounts at the best Forex brokers.

FPMarkets is a popular Austarlian broker that is licensed in both Cyprus and Australia, see here.

Tryout their IRESS trading platform with a Free Demo Account and trading over 1,000 CFD’s, register here.

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