BrokersView
Search
English
Sign In
Brokers HOT
Advanced Search Brokers Comparison Tool Live Spread Comparison Introducing Brokers
Scam
BV Assessment NEW
Rankings
Regulators
News
Claims
Expo
Event
Awards
Vietnam Thailand Singapore Dubai

Xtrade

Save

Operating status: SCAM

Website: https://www.xtrade.com/

Broker violations and abnormal records
  • 2024-09-30 BrokersView has reviewed that Xtrade is an unregulated broker

    Xtrade claims to hold a license from the Belize Financial Services Commission (Belize FSC). However, our verification with the authority suggests that all potential licenses associated with the broker have been canceled.

    In addition, the company purports to be licensed in South Africa by the Financial Sector Conduct Authority (FSCA), and the related firm name is Peak Wealth PTY Ltd supposedly under License Number FSP44681. But on the FSCA register, the company under FSP44681 is PEAK WEALTH 8INVEST (PTY) LTD and the associated information with the licensee is inconsistent with what Xtrade asserts. Therefore, there is no evidence to suggest that Xtrade is regulated by the FSCA.

    In essence, Xtrade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Xtrade appears to be a scam.

    Xtrade claims to hold a license from the Belize Financial Services Commission (Belize FSC). However, our verification with the authority suggests that all potential licenses associated with the broker have been canceled.In addition, the company purports to be licensed in South Africa by the Financial Sector Conduct Authority (FSCA), and the related firm name is Peak Wealth PTY Ltd supposedly under License Number FSP44681. But on the FSCA register, the company under FSP44681 is PEAK WEALTH 8INVEST (PTY) LTD and the associated information with the licensee is inconsistent with what Xtrade asserts. Therefore, there is no evidence to suggest that Xtrade is regulated by the FSCA.In essence, Xtrade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Xtrade appears to be a scam.

Related Complaints

Q&A Complaints

Does the account system that Xtrade offers customers really matter?

Peter Berry
United Kingdom
2024-10-06
ANSWER Dear Investor,Yes, the account system that Xtrade offers can significantly impact your trading experience. Understanding the account system and choosing the right account type can help you maximize the benefits and minimize the risks associated with trading on Xtrade.However, we would like to highlight the substantial risks associated with Xtrade. We have noticed that the broker's licenses from the Belize Financial Services Commission (Belize FSC) have all been canceled. Despite their claim of being licensed by the Financial Sector Conduct Authority (FSCA), there is no solid evidence to support this. Therefore, Xtrade currently poses significant risks, and we strongly advise against trading with this unregulated broker.
See more

Does Xtrade International accept Islamic account for their standard account?

Mohammad Burhan
Brunei
2022-06-14
ANSWER Xtrade is owned and operated by Xtrade International Ltd, a company authorised and regulated by the Belize Financial Services Commission (Belize FSC) with license number: 000281/343.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full Xtrade review.
See more

121 comments

طلال الحصين
لقد مر أكثر من 3 سنوات منذ أن بدأت العمل به وأنا سعيد لأنني ضغطت مرة على زر "التسجيل".
2025-03-14
Reply
和也 高橋
私のお気に入りは、固定スプレッドとゼロ手数料の組み合わせです。それに、約定率もかなり高いと思います。有益な取引シグナルを見つけたいときも、投資対象ごとにグループ分けされたシグナルを見つけられるようになっています。市場センチメントを考慮して取引を判断するのは、良いことだと思います。
2025-03-09
Reply
Kong Peng
他们已经改进了很多！在设计方面，服务仍然是 100% 的高质量。
2025-03-05
Reply
鈴木 晃
すべてが完ぺきなプラットフォームなんてないし、Xtradeにも長所と短所があることはわかってますが、私はここが気に入ったので、これからも使っていきたいと思っています。
2025-02-06
Reply
柏志 益
使用这个平台给我带来了很多积极的体验，这里的一切都能按照预期的方式运行。起初我怀疑它的性能，但无缝取款让我对它忠心耿耿。客户支持也很公平......不过，我还是希望能少收一些手续费。
2025-01-31
Reply
篤司 井上
私がXtradeで口座を開設したのは、５カ月くらい前だと思います。それ以来ずっと、Xtradeで取引をしています。正直、ここを見つけてホッとしました。日本のトレーダー向けに、日本語でサービスを提供している海外のブローカーを見つけるのは、すごく難しかったからです。ここでの取引を楽しんでいますよ。
2025-01-07
Reply
Kibe Naoaki
Xtradeでの取引は数ヶ月程なので、あまり自慢できるものではありませんが、幅広く手を出しているので、そこそこの経験値はあるつもりです。Xtradeもサービスも、いいと思います。欠点があるとしたら、カスタムプラットフォームが高速じゃないところでしょうか。それでも、サポート、条件、出金スピードなんかは十分評価できるレベルです。期待しています！
2025-01-02
Reply
翰 莫
Xtrade 总体而言是一个可靠的平台，但在教育和分析资源方面尤其出色。教育资料详尽易懂，甚至包括交易课程，而不仅仅是文章。我最喜欢的是它提供的专家市场分析和见解。它非常适合初学者，对有经验的人来说更是如此。
2024-12-21
Reply
洋介 中津川
Xtradeは寒い冬の朝に飲むホットコーヒーのようなものです。ここでの取引は楽しいです。
2024-12-13
Reply
宏 滑
最近，我第一次从该平台提款，一切顺利。我使用信用卡提款，花了一些时间，但我已经做好了延迟的准备。程序本身比较复杂。
2024-12-07
Reply

1-10 of 121 comments

Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.