Is Xtrade Legit?

The online world of trading is one that is full of many different options. There are some that are easy to use, and others that can be confusing. Luckily, there are a few things you should look for when searching for a trading platform. You’ll want to make sure that the company you choose offers some sort of customer support. Also, you’ll want to check the regulatory status of the company. Lastly, you’ll want to find out what types of accounts they offer. And if they have any special promotions going on.

Fixed spreads

Xtrade is an established and regulated company. It provides a safe and easy to use platform for traders and investors. Moreover, Xtrade has a good reputation among novice traders. In addition, it offers a variety of financial instruments such as CFDs, bonds, and cryptocurrencies. There are also tools that can improve your trading experience.

Xtrade is one of the oldest brokers in the industry. Its website is user-friendly, and a customer service team is available around the clock. The spreads are fixed, which is a plus. Also, the website features commission-free trading.

Xtrade offers its customers a wide selection of currencies, commodities, ETFs, and index CFDs. However, the spreads are high, especially in comparison to other brokers.

Customer service

Xtrade is not the most enlightening name in the forex fraternity, but it does boast one of the most competent customer service teams in the industry. To make things even sweeter, it has a nice looking website and a great social media following. If you are looking for an online trading platform, look no further than Xtrade. You’ll be hard pressed to find a more friendly broker. Aside from the typical trading requirements, Xtrade caters to traders of all stripes. There is even a VIP account whose minimum deposit is on the order of $500. The service is a pleasant experience from the time you sign up until the time you cash your last check.

As the name implies, the company is based in South Africa. It is also a regulated entity with an operating license from the FSCA. While Xtrade’s adherence to the rules may be a drawback for some, it’s not too bad for the average trader.

Account types

If you are new to the forex market and are looking for an account that can help you start making profits, Xtrade could be the perfect choice for you. This trading platform is designed for beginners and offers fast order execution. You will also have access to a streamlined payment system and customer support. In fact, the platform is so easy to use, you will have no problem navigating it.

As with any trading platform, there are several account types that you can choose from. The basic option, known as the Standard account, is available for mobile and desktop trading. It features a demo account, as well as 24/7 customer support. Traders who want to take their trading to the next level can select the Platinum account, which offers reduced spreads, a welcome bonus, and more. Alternatively, you can try the Free account, which only gives you access to one currency pair.

Regulatory status

In the world of financial trading, Xtrade is a reputed and well-known broker. It has a reputation for offering excellent features and services, while also offering transparent trading conditions.

Xtrade’s main services are CFD and Forex trading. Traders can choose from a range of financial assets, including shares, commodities, currencies, indices and more. The broker’s innovative proprietary platform enables users to trade from a range of locations worldwide.

Xtrade’s website includes an educational center and a news stream. It provides an online glossary, market analysis videos and other tools. Users can contact customer support executives via live chat, email and other methods.

With a wide range of payment methods and an excellent order execution performance, Xtrade is a great choice for traders of all levels. Customers can expect a high level of privacy and cybersecurity.

Promotions

It’s no surprise that Xtrade is a trusted partner of many. In addition to their impressive array of trading platforms, they also boast a solid educational arm. Moreover, a slew of gimmicks and freebies are aplenty. With that in mind, it’s unsurprising that they would have to create something unique to stand out from the crowd. Hence, the etiquette. Thankfully, they’ve managed to squeak out a few worthy of note. Despite their ubiquity, they’ve kept the quality up with an impressive list of customer service credentials. And that is a feat of honor in itself. After all, no one wants to be a pawn in the hands of a scam artist.