Xtrade Europe LTD
- Name : Xtrade Europe LTD
- Website : xtrade.eu
- Established : 2010
- Regulation : CySEC
- Country : Cyprus
U.S. Clients Allowed :
NoDue to strict US regulation many brokers aren't able to accept traders with US citizenship.
See our list of recommended brokers that do accept US traders.
Xtrade Europe LTD ReviewXtrade Europe LTD Review
XTrade Europe LTD, founded in 2010, is an innovative international provider for Contracts for Difference (CFDs), offering a comprehensive trading environment for stocks, commodities, Forex, and indices. is owned and operated by XTrade Europe LTD Europe LTD, Limissol Cyprus and is regulated by CySec.
There are two accounts at XTrade Europe LTD. The Standard account requires a minimum deposit of $100 while $1000 is necessary to open the Premium account.
What I liked about XTrade Europe LTD is that trading is straightforward and there are no hidden charges or fees. The Buy and Sell prices of all available instruments are displayed on the main page of the site and to help new traders understand the trading process, illustrated examples of various trades are provided.
Besides the standard trading account, a practice account is available for newbie traders who are just wetting their feet in CFD trading or for more experienced traders wishing to try out new trading strategies.
XTrade Europe LTD offers a comprehensive introduction to CFDs and as well as a listing of the different instrument types and their pricing. In fact, XTrade Europe LTD seems to go out of its way to educate its traders in all areas of CFD trading.
Unlike other service providers who charge a commission on each trade, at XTrade Europe LTD uses fixed spreads on its Forex trades. For example, the spread between the buy and sell prices of the EUR/USD pair is only 2 pips. Traders trading Forex, can magnify their trading potential with the tool of leverage. By using the minimum leverage level available starting from 1:50, clients can begin trading by depositing as little as 100 and a trading balance of 5, 000. Remember that leverage can work both for you as well as against you and should be cautious when using it.
Forex traders also benefit from a host of graphing, analytic and automated tools.
When it comes to trading stocks, traders can choose CFDs on the largest global markets--USA, Germany, Spain, France and more, get real-time quotes from these markets and receive dividends as if they held the share itself. They can also set automated limits on their trades and use the XTrade Europe LTD platform tools to automatically close their positions when the set price has been reached. A listing of the stocks is provided.
XTrade Europe LTD clients have a choice of different stock index CFDs from around the world. Indices are financial instruments that represent the value of index groupings of publicly traded companies. They offer the opportunity to trade CFDs both when the market rises and when it falls. Included in the lineup are S&P 500, Dow Jones, NASDAQ, GER 30, and JPN 225. Graphs of real-time index rates are provided and are constantly updated.
Traders at XTrade Europe LTD can choose to trade commodities such as Gold, Oil, Silver and more. Trading is done exactly the same way as is currency pairs with no physical purchase or sale of the commodity. The tool of leverage to magnify trading potential is offered. By using the minimum leverage level available, starting from 1:50, you can begin trading with a trading balance of $5,000 by depositing as little as 100. Remember that leverage can work both for you as well as against you and should be cautious when using it.
There are several educational offerings at XTrade Europe LTD including a choice of trading guides and video tutorials. Trades can benefit from their AutoChartist tool which supplies market reports and sends out trading signals. Powered by the leading signal provider, Trading Central, signals are also sent out to traders informing them of market movements.
Technical analysis is provided on a daily basis and a financial calendar keeps traders informed of upcoming financial events taking place throughout the financial industry all over the world.
In compliance with CySEC’s recently tightened regulatory requirements, XTrade Europe LTD does not offer any promotions.
XTrade offers its clients a variety of ways to fund their trading accounts. This includes all major credit cards, bank wires, Skrill, WebMoney, Qiwi, Sofort and other online payment programs.
Withdrawals can be made using the same methods.
The XTrade Europe LTD client support team is available to assist 24 hours a day, 5 days a week. A dropdown tab reveals the telephone numbers for all their international offices and emails can be sent to these locations as well. Chat is offered during trading hours. We contacted Chat with a few different queries and received educated responses by personable and friendly representatives. The website is available in English only.
XTrade Europe LTD offers trading clients a user friendly trading environment. Setting up an account is easy and the extensive explanations and examples of all the major topics and highly appreciated and beneficial for traders with all levels of trading experience. Customer support was responsive and helpful. I did miss a FAQ section which is useful for searching topics not easily found on the website.
- Demo Account with Minimum Deposit
- Comprehensive Subject Explanations
- Website in English Only
- No Bonuses
Review info: Xtrade Europe LTD
Review Date: 2018-03-29
Rating : 4
Reviewed By : Sara Patterson (Google+)