XTrade is a CFD dealer offering a number of trading environments for Forex, stocks, commodities and indices. The company is owned and operated by XFR Financial Ltd based in Cyprus and regulated by the regulatory body CySec. The company has services in over 140 countries with offices in 5 continents. There are other regulators too with which the company is registered with regulators in Australia, France, Italy etc.
Features of XTrade
XTrade provides a transparent platform when the simplicity in trading is concerned and the fees involved. The broker offers a good outlook of the proposed instruments they have right from the main page. They make the traders to feel at home. There are two types of accounts offered by them which are standard and premium and the former account offers less amount of deposit required by the trader.
This broker offers a demo account for the novice traders to learn Forex trading in an easy and no-risk way. The new traders get the ability to make live trades with the demo account they have without actually spending any real money. This improves the trading skills of the traders and it makes them familiar with the new trading platform offered by the XTrade broker. The further attractive features are real-time charts, automated and analytic tools and others.
XFR Financial Ltd offers a rare quality of no hidden charges or fees. Many CFD brokers do not have this feature and they make take some hidden charges. The broker offers charges on fix spreads only for the Forex orders. Traders trading here can also choose tools for automatic trading and there are many features offered by the broker to its traders.
Tools offered by XFR Financial Ltd
XFR Financial Ltd offers many educational tools to its clients. AutoChartist tool allows traders to send trading signals and get reports on real-time market analysis. This helps day traders to draw out trading strategies while keeping a pace with the market events minute to minute. The broker provides the clients with a daily technical report of various trading instruments and economic calendar to keep the traders updated with the latest fundamental aspects for taking suitable positions for the trades in the near future.
XTrade facilitates easy deposits and withdrawals and can be done efficiently by a number of third party services integrated with them. You can use direct bank transfers, credit cards, Skrill, WebMoney and may others.
The customer support offered by the broker is good and it is available 24 hours a day. The staff is reasonably good and offers good information to the customers anytime.
Overall, XFR Financial Ltdprovides a great platform for trading to the customers and it easily caters to the basic and advanced requirements of the traders for trading various instruments.