I have been trading with Xtrade for some time now. I have tried multiple binary options strategies and could not find the success one wants to see. So, I turned to this legitimate binary options broker because of all the good things I heard about them. Only later did I find out that they are not as transparent and honest as they would like people to think. This is my honest Xtrade review, a broker who offers both a web trading platform and a mobile app version.
A short history of Xtrade
How it all began
Xtrade was founded in 2001 by a group of entrepreneurs with experience in the financial markets and online trading.
We started out as a small team, working hard to fulfill our vision and provide our customers with a world-class online trading platform. In 2016, Xtrade merged with XFR Financial, which allowed us to offer our customers even more opportunities.
Our goal is to continuously improve our services and provide our clients with the best possible trading environment.
How does the Xtrade platform work?
The Xtrade platform was built with the user in mind. Our top priority is to make your trading experience as seamless as possible. To achieve that, we created a platform that allows you to trade according to your level of experience and comfort.
We have spent years refining our platform so that it is easy to use and offers advanced features, such as risk management tools, order types, and more.
Is the Xtrade platform easy to use?
Yes, the Xtrade trading platform is very easy to use. It was designed with user-friendliness in mind, providing you with a seamless, intuitive interface that allows you to quickly and easily access all of the features of the app. The platform was also designed with a mobile-first approach, meaning that it can be used on mobile devices as well as desktop computers.
Section: Does the team at Xtrade offer good support and education?
Our Xtrade review found that the company offers good support and education to its clients. There are several options to get in touch with customer service, including live chat, phone, email, and a callback request option, which is available 24/5.
The broker’s website is available in multiple languages and there is also an international phone number for those who would like to talk to someone in person.
From an educational standpoint, Xtrade offers a number of video tutorials for traders of all skill levels, including beginners. The broker also has a demo account so that users have a chance to try out the platform before risking their own money.
Is Xtrade a scam or a legit broker?
Xtrade is a CySEC regulated forex and CFD brokerage, which offers a web-based trading platform.
Is Xtrade a scam or a reliable broker? Read our full review 2020 to find out if Xtrade is a fraud or not.
What is Xtrade?
Xtrade is the brand name of XFR Financial Ltd, Cyprus-based forex and CFD brokerage. The company was founded in 2003 and it has won several awards for its services. According to their website, they are also licensed in South Africa and Australia as well. Although the broker has been around for nearly two decades, there is not much information about it. This makes reviewing it quite challenging. It seems like most people trust them since we found only one or two negative comments on forums and review websites.
Conclusion: Is Xtrade a reliable binary trading platform?
We can say that XTrade is a reliable broker. For example, it is authorized and regulated by CySEC and the FCA. In addition, XTrade has been on the market for over 10 years. When you want to start trading with binary options, you have to think about getting a trustworthy broker. XTrade fulfills the requirements to be a trustworthy broker. Because of this, we recommend you trade with XTrade.
If you want to know more about this broker, please read our complete review of XTrade or open an account right away!