If you want to know more about XTrade this article will tell you who they are, what they do and why you should be interested in trading with them.
What is XTrade?
Although many could think of a sci-fi film when they hear the name XTrade, this company has nothing to do with fiction, only with real facts.
This company is a CFD trading company—If you are not familiar with that term, let me explain it for you (if you are, you can just jump over the following paragraph).
In short, CFD stands for Contract For Differences. It is a type of futures contract which you eventually settle by cash. The main advantage for trading CFDs is that you can take advantage of leverage, and they are also a great way of protecting a portfolio in times of economic uncertainty. This avenue seems to be more flexible than all famous binary options, for example, brokers have added stocks, commodities and indices to trade with. Do you like it so far?
Now that we are on the same page, let’s talk about who this company is.
Relatively Young But Weathered
This CFD trading firm started taking its first steps back in 2002 in Warsow, Poland. With the passing of years they have successfully established their company in 15 countries throughout Asia, Europe and South America. The years of accumulative expertise allows them now to provide you a wide range of services to help you make a profit in the market.
To trade, you can use their award winning online trading platform, which doesn’t require you to download any program onto your computer. We are not talking about a complicated platform where you get lost before you can even start. To say that the platform is user-friendly would be an understatement. You can customise it to just the way you like it, and rely completely on its speed of execution.
To supplement that and you can use their mobile app available for Android, iOs and Windows Phone, since one account can be accessed from multiple devices. Maybe not yet from your watch if you are thinking about that, but just give them time.
Although CFD trading involves high risk, XTrade offers no commissions and fixed spreads, which may be more convenient for you since its less risky and more predictable.
You can easily put funds in your account with just a click using PayPal, credit cards, Skrill, or a good old wire transfer.
What about regulations?
As you may know, the downside of these innovative ways of trading like CFDs is that they are not as regulated as other areas are. Therefore the only way to know whether a broker is good or not, is not by his lifespan or by his position, financially speaking, but only by the reputation he has acquired.
With XTrade, though, you can have peace of mind since they abide by international regulations. They are not just regulated by one company, you have cross regulation from Cyprus Securities and the Exchange Commission. They also boast registration with the Australian Securities and Investments Commission, the International Financial Services Commission and many other boards.
The same as binary options, CFDs involve a high level of risk, therefore, it is very important for clients to be educated in trading.
So before you start, check their education online center with many tutorials on how to use the tools they provide you with, or the Academy where you will learn all about trading: Instruments, sentiment, analysis, you name it…
What do you think? Why don’t you get a free trial account and see it for yourself
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