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Xtrade

3.2

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Xtrade Reviews Summary

Xtrade has garnered a largely positive reputation among its users, who appreciate the platform's user-friendly interface, extensive range of trading instruments, including unique assets like government bonds, and strong educational resources. Customers frequently highlight the quality of customer support, noting responsiveness and helpfulness. However, some users expressed concerns regarding the lack of comprehensive information on the website and a desire for more ready-made trading solutions. Overall, Xtrade is viewed as a reliable and innovative broker that effectively caters to both novice and experienced traders, while continuously striving to enhance its service offerings.

This summary is generated by AI, based on text from customer reviews

service
26
value
17
quality
27
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Austria
1 review
4 helpful votes
Follow Luis R.
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Most brokers operates according to the same old way.
You get access to a platform, have choice of some number of assets/indicators and basic analytics.
That's it.
Frankly, it's ok.
Xtrade has decided to show some fresh ideas and devise a whole educational centre, which allows those who haven't traded before to get used to it. I Personally fond some new hints I didn't know before.
They have both video courses and detailed articles to research the trading yourself. I appreciate the broker approach. Thanks!

Date of experience: April 28, 2022
France
1 review
5 helpful votes
Follow Daniel L.
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I have a desire to continue trading with the broker. First, for two months here nothing bad happened to me. I didn't notice any attempts to cheat on me. That's good because you know any broker today can be a scam. Secondly, I got familiar with government bonds here for the first time. I read a corresponding article on the site and now I trade them. That's so good that I had extra margin, so I allocated it to hold long term trades on these assets.

Date of experience: January 12, 2022
Hungary
1 review
0 helpful votes
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The trading conditions here are quite optimal for me and it was the reason why I made a positive decision in favor of this broker. They offer a good leverage size. To be exact, it's 1:400 for Forex instruments. I don't need a higher leverage size and I create my strategies based exactly on this leverage size. I would rather agree with some gurus that one shouldn't use leverage at all. Perhaps, they are absolutely right but look, these guys are already mature business sharks, their depos are huge and I do believe that they can afford trading without leverage. However, if your budget is not so impressive, leverage is the only way out. However, if it's possible to restrict leverage, you should do it.
Another reason for me to join this broker, the reason I learned from Xtrade reviews, was no withdrawal fees. I often withdraw money and this fact helps me to save money because I don't sacrifice a part of my gains when withdrawing money with this broker.

Date of experience: January 5, 2022
Portugal
1 review
1 helpful vote
Follow Carlos P.
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All brokers are similar in some way, but nevertheless, there is a big difference between them. Some brokers trade on the trader's side and some are just trying to line their own pockets.
I have good trading experience, but I only know a couple of honest brokers, one of them is xtrade broker. Precisely because I trust the broker, I have a platinum account here with a minimum deposit of $5000. This account gives me reduced spreads, a personal account manager, and access to tutorials. I don't think its fair that the size of the spread depends on the size of deposit though.

Date of experience: December 25, 2021
Spain
1 review
0 helpful votes
Follow Adrian M.
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I registered a trading account here because my friend recommended me it. He trades with this broker and I trust this person. By the time I joined that broker I traded currencies and metals only and I continued to trade this stuff with the broker. However, later I noticed they it offered ETFs and government bonds. These assets interested me and I started to trade them. I can't say that it's something extraordinary but it gives me an extra opportunity to earn money.

Date of experience: December 24, 2021
GB
1 review
0 helpful votes
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ETFs were the main reason for me to join this brokerage company. My impression, they are nearly the same as stocks.

Date of experience: December 21, 2021
Portugal
1 review
5 helpful votes
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I made a positive decision in favor of this broker once I tried their web platform AKA Webtrader. I found it very good in all regards, including functionality and user-friendliness. In addition to this, I also appreciate the fact that the broker doesn't charge fees on withdrawals. I usually withdraw money frequently and respectively I will not lose money here.

Date of experience: December 21, 2021
Czechia
1 review
0 helpful votes
Follow Jakub R.
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I joined this broker with a general purpose to trade currencies and indices - the thing many traders do today. Really, I thought why on earth should I invent a bicycle if there are proven solutions at hand such as those financial instruments mentioned above?
However, once I started to trade here I started to pay more attention to other things such ETFs and government bonds. I didn't make them my primary assets. As of now I still mostly trade indices as well as currency pairs, but I also added government bonds and ETFs to my list of favorites.

Date of experience: December 2, 2021
Italy
1 review
0 helpful votes
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Cool bonus system.
November 26, 2021

Paying too much to brokers does not affect your trading results from a positive side. I used to deal with a broker with too high commissions before, so I needed to change it. I read a bunch of positive Xtrade reviews in the light of the company's benefits for traders, and decided to give it a try. My first impression was very positive as I received a deposit bonus, which helped me to enlarge the account balance and opened more opportunities for trading. Besides, my first trade for USD500 was completely risk free. I thought OK, what's next? How about the commission level?
THe Xpoint bonus system offered by the XTrade brokerage is a kind of a cashback. THe more trading volume I place, the more points I get and the more funds I return from the brokerage commissions at the end of the day. This is a very cool bonus system as it allows me to save a lot of funds.

Date of experience: November 26, 2021
Norway
1 review
0 helpful votes
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It's to my liking
November 20, 2021

I joined this broker with the only purpose to trade currencies and indices but over time I looked around and noticed a bunch of worthy things to try. These are ETFs and government bonds. I trade such assets for the first time and my impression is positive.

Date of experience: November 20, 2021
Estonia
1 review
0 helpful votes
Follow Tõnu K.
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I used to trade with several brokers at once. Then I decided to narrow down the sample and go to one particular broker. I chose Xtrade broker for this purpose. In general I have been trading for a long time and I thought that nothing could surprise me, because I had much experience. But when I started trading with Xtrade I was really surprised, even though I've read good reviews about them before. Here one broker has everything you need for successful trading. I like their Xtrade trading platform. When I started using their trading platform, I found it to be very comfortable.

Date of experience: November 9, 2021
Italy
1 review
0 helpful votes
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I think I was very lucky when I found this broker. Xtrade provides a large number of those services that I need because I am a Forex beginner.
I think that many traders agree with me that the level of training is important for everyone. Therefore, Xtrade has an advantage here. Good webinars, courses and other educational materials show a good level and those who just want to open a trading account for the first time can learn. In addition, the broker offers a free demo account and you can create your own trading strategy.
Now I am only saying what I had myself. I did just that too. I also really liked that the first deal was at the expense of the broker. This is very important because after a demo account you can get worried on a real account and open a wrong deal. You are insured against this.

Date of experience: November 5, 2021