XTrade Europe LTD is a CySec-regulated, innovative international provider for Contracts for Difference (CFDs) which was founded in 2010. The xtrade broker offers a comprehensive trading interface for Forex, indices, stocks, and commodities, and is owned and managed by XTrade Europe LTD Europe LTD, Limassol Cyprus.
XTrade Europe LTD offers two account types. To have a Standard account, you will need to have a minimum deposit of $100 while $1000 is required to open the Premium account. Users can also open an xtrade demo account.
One desirable thing about XTrade Europe LTD is that trading is simple and straightforward and there are no hidden fees or charges on transactions. The Buy and Sell prices of all instruments the company offers are presented on the website’s main page and to help new traders get acquainted with the trading process, explained examples of several trades are provided.
Apart from the standard trading account, as said earlier in this xtrade review, a practice account is available for novice traders who are just getting to learn about CFD trading or for more seasoned traders wishing to try out new trading tactics.
XTrade Europe LTD provides a broad introduction to CFDs as well as a listing of the different types of financial instrument and their pricing. In fact, XTrade Europe LTD appears to go out of its way to train its traders in all sectors of CFD trading.
This company uses fixed spreads on its Forex trades, unlike other service providers who charge a fee for each trade. For instance, XTrade Europe LTD offers a 2 pips spread between the buy and sell prices of the EUR/USD pair.
Retail Forex traders can maximize their trading potential with the leverage. Clients can start trading by depositing as little as 100 and getting a trading balance of 5, 000, by using the minimum leverage level available starting from 1:50. Bear in mind that you need to be cautious while using leverage, as it can work for you as well as against you.
Forex traders are also provided with a wide assortment of analytic, graphing, and automated tools.
When it comes to stocks trading, clients can choose CFDs on the most prominent global markets—USA, Spain, France, Germany, and the likes, receive real-time quotes from these markets and get returns as if they held the particular share. They can also place automated limits on their trades and use the XTrade Europe LTD platform functionalities to close their positions after reaching the set price automatically. The company also provides a listing of the stock.
XTrade Europe LTD customers have a selection of various stock index CFDs from all over the world. The financial instruments that signify the value of index groupings of publicly traded companies are referred to as Indices.
They provide the opportunity to trade CFDs both when the market grows and when it drops. S&P 500, Dow Jones, NASDAQ, GER 30, and JPN 225 are all included in the lineup. The brokerage firm offers graphs of real-time index rates, and these graphs are updated from time to time.
At XTrade Europe LTD, traders can choose to trade commodities such as Oil, Silver, Gold, and more. Trading is performed in precisely the same way as currency pairs are traded with no physical purchase or sale of the particular commodity. The brokerage company also offers the leverage tool so that traders can magnify their trading potential. Clients can start trading by depositing as little as 100 and getting a trading balance of 5, 000, by using the minimum leverage level available starting from 1:50. Bear in mind that you need to be cautious while using leverage, as it can work for you as well as against you.
XTrade Europe LTD provides many educational offerings, which includes a selection of video tutorials and trading guides. Traders can take advantage of their AutoChartist tool which sends out trading signals and supplies market reports. Powered by Trading Central, a leading signal provider, signals are also sent out to traders notifying them of market changes.
Technical analysis is presented on a daily basis, and an economic calendar keeps clients notified of upcoming economic events taking place all through the financial markets all over the world.
XTrade Europe LTD does not offer any promotions, in a bid to comply with CySEC’s recently tightened regulatory requirements.
XTrade provides its customers with a diversity of ways to deposit funds into their trading accounts. The options include all major credit/debit cards, Skrill, WebMoney, Qiwi, bank wires, Sofort and other online payment services.
Traders can make withdrawals using the same methods listed above.
The XTrade customer support team is available to assist traders 24 hours a day, five days a week. The telephone numbers for all the company’s international offices are displayed on a drop-down tab; emails can be sent to these offices as well. During trading hours, live chat is offered. The website is on available in English.
XTrade Europe LTD provides a user-friendly trading environment for its clients. Creating an account is straightforward and the extensive information and examples of all the significant topics and highly valued and profitable for traders with all levels of trading experience. The customer support was responsive and quite helpful. The FAQ section which is useful for searching topics is not easily found on the website.