Review of xTrade.so Company
The xTrade.so company presents itself as a seasoned Forex and CFD broker with 15 years of industry experience. While the exact registration date is not disclosed on the official website, the emphasis is placed on the extensive expertise within the investment sector.
Licensing and Technical Support
The company boasts support for 16 languages and maintains 16 front offices across various countries, including the UK and Australia. Contact numbers: +442030976333, +61391193188.
Trading Instruments and Platforms
- Currency pairs
- Indices
- Stocks
- Decentralized digital currencies
- Commodities
Platforms: Utip WebTrader and Utip for Windows and Mac; mobile app available for iOS and Android.
Trading Conditions
The company offers a unified type of trading account with tailored conditions for each asset:
- Forex – 600 currency pairs, available for trading 24/5
- Stock Indices – exclusive access through the xTrade terminal
- Stocks – leverage ranging from 1:5 to 1:20, bonuses applicable for long positions
- Commodities – minimum entry requirement of 250 USD, leverage offered from 1:20 to 1:500
- Cryptocurrencies – supports Litecoin, Ethereum, and bitcoins, with leverage ranging from 1:2 to 1:5
Deposit and Withdrawal of Funds
No detailed information regarding transactions and payment systems is provided on the website.
To commence Forex trading, an initial deposit ranging between 1,000 to 10,000 USD is required. Registration is feasible with deposits as low as 300 USD, while 250 USD is sufficient for engaging in stock trades.
A diverse array of payment methods is available, including bank transfers, cards, and e-wallets.
Conclusion
The xTrade.so company offers limited insight into registration procedures, fund withdrawal processes, and trading terms. It is advisable to seek guidance from impartial experts before initiating any deposit transactions.
This review has been prepared by the specialists at ExpertsReview.