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XTrade Review 2022

    • 208 posts
    September 19, 2022 11:27 AM EDT

    Xtrade is a multi-asset broker which has its headquarters in Belize, as well as a second office in South Africa. Founded in 2003, Xtrade is a rare broker that does not offer the MT4 or MT5 trading platforms, nor cTrader; instead, the broker solely relies on its proprietary Xtrade WebTrader. The broker also fails to support automated trading and focuses rather on manual trading; moreover, it does not allow third-party solutions to connect. Social trading is equally missing at Xtrade. Xtrade deploys an unacceptably high fixed spread cost structure with an average asset selection.