Website: www.xtrade.com
Minimum Deposit: $250
Leverage: 1:30 (up to 1:400 for international clients)
Trading Platforms: MetaTrader 4 (MT4), XTrade WebTrader
Regulation: CySEC, ASIC, FSC (Belize), FSCA
Headquarters: Cyprus
Founded: 2003

⭐ In a Snapshot

• Regulated by top authorities including CySEC and ASIC

• Offers CFD trading across forex, stocks, indices, commodities, and crypto

• WebTrader and MT4 platforms available

• Competitive fixed spreads

• Multiple account tiers for advanced trading

• Excellent educational resources

• No commissions, spreads only

• No Islamic accounts, and customer support limited to weekdays

✅ Pros & Cons

Pros:

• Regulated by top-tier financial authorities (CySEC, ASIC, FSCA)

• Competitive fixed spreads with no commission

• Simple account opening process

• Access to major cryptos & popular global stocks

• Educational content for all trader levels

Cons:

• No Islamic (Swap-Free) account option

• 24/7 support not available

• Product range narrower under EU regulations

• Fixed spreads slightly higher for lower-tier accounts

🔒 Is XTrade Safe or a Scam?

XTrade is a fully regulated and legitimate forex broker.

• CySEC License: XTrade Europe Ltd (108/10)

• ASIC License: Xtrade Pty AU (343628)

• FSCA License: Peak Wealth Pty Ltd

• FSC Belize: Xtrade International Ltd for offshore operations

Client Protection Features:

• Segregated accounts in top-tier banks

• Negative balance protection

• Investor Compensation Fund under CySEC

• Regular auditing for compliance

Trust Score: 8.7/10

🧮 Leverage

Leverage depends on regulation:

• EU clients: up to 1:30 (as per ESMA guidelines)

• International clients: up to 1:400

🧾 Account Types

XTrade offers a single account structure that scales with your balance:

A Demo Account is also available for risk-free practice.

📈 Trading Instruments

XTrade supports CFD trading on:

• 50+ forex pairs

• Major indices (e.g., S&P 500, NASDAQ 100)

• Top global stocks (e.g., Apple, Amazon, Google)

• Cryptocurrencies (BTC, ETH, LTC, XRP)

• Gold, Oil, and other commodities

Market Range Rating: 4.0/5

💰 Fees & Spreads

• Spreads: Fixed – no hidden commissions

• EUR/USD:

  • 5 pips (Standard)

  • 2 pips (VIP)

• Non-trading fees: Low

  • Inactivity Fee: $50/month after several inactive months

• No deposit/withdrawal fees

Fees Rating: 4.4/5
Spreads Rating: 4.5/5

💳 Deposits & Withdrawals

• Minimum Deposit: $250

• Deposit Options:

  • Credit/debit cards

  • Bank transfers

  • Skrill, PayPal, American Express

• Withdrawals:

  • $0 fees from XTrade

  • Wire transfers may incur third-party fees

Funding Methods Rating: 4.3/5

🖥 Trading Platforms

XTrade offers:

• MT4: Industry-standard platform

• XTrade WebTrader: In-house browser-based platform with alerts, live charts, and fast execution

• Mobile apps: iOS, Android, and Windows-compatible

Platforms Rating: 4.4/5

📞 Customer Support

• Availability: 24/5 via live chat, email, and phone

• Languages: Multilingual

• Support Rating: 4.1/5

• Limitations: No weekend support

🎓 Education

XTrade delivers high-quality education through:

• Video tutorials

• Market analysis

• Webinars & trading glossaries

• Daily trading insights

Education Rating: 4.4/5

✅ Conclusion: Is XTrade Worth It?

XTrade is a reliable and regulated forex & CFD broker that offers fixed spreads, no commission, and a user-friendly trading environment. With powerful trading platforms, a solid educational hub, and global regulatory oversight, XTrade suits:

• ✅ Beginners

• ✅ Long-term investors

• ✅ Forex & crypto traders

• ✅ Traders preferring fixed spread pricing

However, if you require Islamic accounts or 24/7 support, you might want to explore alternative brokers.

Our Final Rating: 9.3/10