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Overview

X-Trade Forex was founded in 2002 and focused initially on providing services to work on the Forex market. But in 2003 it decided to expand its sphere of influence and added a new service offering trading on commodity markets. It offered its customers the profitable conditions of trading on the stock markets in 2004.

Currently, the broker has offices in many countries all over the world, including Russia. Customers of X-Trade Forex have access to the Forex market, to the commodity and stock markets and the conditions of trading on them are considered to be quite attractive. Broker services are appreciated by many Forex traders of the world, as well as professionals in the financial sector, awards, received by X-Trade Forex, are evidences of it. Some of the recent awards are "The Best Broker in Eastern Europe 2010", nomination "Reliability and Stability of 2011" on the Ukrainian "Financial Olympus", "The Best Forex Trading Platform 2011", "The Best Forex Broker of the Czech Republic in 2012."

X-Trade Forex invites all users to pass training on its website on the basis of numerous materials, and if necessary, employees of the broker answer all questions of beginners.

In addition, the broker has a unique loyalty program, participating in which all customers can get prizes starting from free online learning and finishing with reliable and stylish laptops.

Bonuses

X-Trade Forex offers its customers an interesting loyalty program via which they can receive a variety of Forex bonuses in the form of valuable prizes. The loyalty program is designed for active Forex traders, who make constantly a certain trade turnover, as bonus points are accrued exactly for volume of transactions.

Accrual of bonus points:

- 1 point - 0.01 lots

- 10 points - 0.1 lots

- 100 points - 1 lot.

According to the table all traders, who trade on the site of the broker, earn bonus points upon accumulating can be exchanged for prizes.

The list of prizes for bonus points:

- "The specialized training course of Forex traders" (distance learning course) - 10000 points

- smartphone Samsung S5880i Galaxy - 36000 points

- netbook HP 110-3705 Black - 48850 points

- smartphone Samsung Galaxy Nexus I9550 Silver Titanium - 87400 points

- tablet Apple ipad 16 GB Wi-Fi+3G - 112300 points

- notebook Aser Aspire S3-951-2464G34iss - 115400 points

- notebook Dell XPS 17 Anodized Aluminum - 155250 points.

These prizes can be received by any trader if his account has the required amount of bonus points.

Training

X-Trade Forex allows all users to pass training on the basis of materials available on its Internet site.

Learning materials:

- video course "The foreign exchange market Forex, promotions and commodities" (it allows customers to find out what the Forex market is, where it is possible to trade securities, metals etc.)

- video course "Trading Platform" (it explains in detail about the popular platform MetaTrader4, how it operates, how to install it, as well as about all financial instruments used for trading on the foreign exchange market)

- video course "Technical Analysis" (what technical analysis is, what methods, Forex indicators, trading charts are used for this type of analysis)

- video course "Fundamental Analysis" (what fundamental analysis is, on what it is based and how to use economic and political news for a profitable work on Forex market)

- video course "How to earn on changes of exchange rates" (examples of transactions on different currency pairs on the Forex market)

- video course "How to make money in trading of crude oil" (This course is designed for those who are interested in trading on commodity exchanges)

- video course. "Options" (questions of earning on options are discussed, which have recently become quite popular due to the easy working with them).

Terms of trading

Broker X-Trade Forex offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- no minimum deposit

- the leverage is 1:600 (the decrease to 1:200 is possible)

- a large number of currency pairs, securities, gold, silver, futures)

- spread is fixed from 2 points (the floating one is from 0.5 points)

MetaTrader

- multi-language support

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex trading advisors)

- quotes export via DDE

- charts printing xStation

- multi-language support

- use of popular Forex indicators

- import of Forex trading advisors

- extensive information on currency pairs

- Click & Trade enables execution of transactions by one click

- trading directly from the chart

- economic calendar xTab

- a large number of instruments

- use of Forex advisors

- Click & Trade enables execution of transactions by one click

- comments of famous analysts

- news list

- economic calendar xOption (operations with options)

- classic option contracts

- exotic option contracts

- creation of user's own trading strategies

- use of prepared Forex trading advisors.

Forex indicators (recommended)

- Silver trend Signal

- Divergence Trader Ron

- Zero Cross Alert

- Flat trend

- Instant Trend Line.

Forex expert advisors (recommended)

- RelativeR2 (an automatic Forex advisor, whose operations are based on the popular indicator Stochastic Oscillator, which allows it to show a good profit in case of the right approach)

- Megadroid (an automatic Forex advisor that is appreciated by the professional traders, since it shows the 95%profitability on transactions, especially for the currency pair EUR/USD)

- NeroProfit (a mechanical Forex advisor that produces after setup quite accurate signals on different currency pairs, i.e. when to open and close positions).

Investments

There are no offers on the site of X-Trade Forex on the direct investment of funds in successful traders, as it is practiced in many brokers via special investment accounts. If desired, every customer of the broker can independently discuss with traders the investment of finances on their accounts, but in this case, the broker does not bear any responsibility and does not give any guarantees.

Unique features

X-Trade Forex offers all its customers to open a business on the basis of the affiliate program, where there are no financial risks, but only profit that is obtained from attracted customers.

The Affiliate program has three directions: IB-broker, Web representative and White Label. Customers are free to choose any direction after discussing all the details of the cooperation with the staff of X-Trade. The broker is willing to provide its partners all the necessary advertising materials, complete information and technical support, as well as 30% of the spread from every new customer. Please contact the email address concerning partnership [email protected]

Add/withdraw funds

X-Trade Forex offers its customers several ways to enter and withdraw funds: QIWI Purse, WebMoney and transfers between accounts.

Contacts

X-Trade Forex provides the comprehensive support to its customers by phone numbers +7(499)999-12-08 and +380(44)569-95-02 from 9.00 a.m. to 6.00 p.m. from Monday to Thursday, and on Friday from 9.00 a.m. to 5.00 p.m. and customers can contact also concerning all aspects by e-mail [email protected] or Skype cs_xtb_ua.

Cons and pros

+ the broker with world renowned reputation

+ no minimum deposit

+ small spread

+ good leverage

+ learning materials

- no promotions and contests

- no forex bonuses for deposits accounts.

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