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Xtrade reviews 46

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2:33 pm EDT
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Xtrade Broker

It's great that I have found xtrade trading platform. First of all it's tough to think of a more reliable broker than this one, since they have been providing mediating services for like a several decades and that is the greatest sing of complete robustness.

On top of that, these guys offer a versatile choice of tradable markets, so one can appeal to his risk tolerance and select assets for trading. Pricing is cool out there, not burdening at all.

Recommendation: Check everything before joining the broker thoroughly.

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Xtrade Empowering

the market was ranging last week and I didn’t execute a single trade. Anyway, this was an excellent opportunity to check their educational section. And guys, they have it all. Regardless of your level of experience, I’m sure you will find something to improve your knowledge about.

Recommendation: Excellent educational resources.

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4:57 pm EDT
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Xtrade I got scammed and was able to get my money back.

Coinfx market is a big scam broker, I paid a huge amount of $50,000, They persuaded me, into putting more of my hard earned money with all hope to get profits in return, they won’t allow me to withdrawal my investment. All because all they wanted is to steal my money. I got advised to go ahead to file a refund case against them, which to my greatest surprise I was able to withdraw my money, I contacted ([protected]@gmail.com) and his team of recovery experts, they were able to assist me to withdraw of my money, and restore my funds, they are responsive, you can reach out to him for help also,I guess am not the only one who has fallen victim, people might need this information...

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10:24 pm EST
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Xtrade Not a problem with the platform

I am aware that many traders favor the MT platforms, both the MT4 and MT5. I believe that those platforms have solidified their positions in the industry as reliable and dependable. However, I do not write off other trading platforms. Like the xtrade platform here, it presents traders with many advantages that the MTs are limited in providing.

The trading platform is exceedingly quick, and there is a long list of instruments to trade.

Recommendation: The education provided by the broker is quite helpful.

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Xtrade Ultimate choice

Xtrade is one of those brokerage companies that are not very flashy, but at the same time they have a lot to offer to their clients.

One of the main distinguishing traits of the broker is that I can trade so many assets here at very good trading conditions.

And by many I mean around 1000 of tradable instruments or more.

But you have to get used to the platform.

Recommendation: Try all the markets and find the one that you will trade with the most profitability.

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Auguste G
, FR
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definitely. not every market will offer the same level of profitability to every trader, someone will be late to buy, someone will be early to sell. It is very important for every trader to find their sphere of competence and the assets they are comfortable to trade.

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10:42 am EDT
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Xtrade News, analytics, education

My interaction with this company started with the Education section.

I thought that I would rather lose a few weeks to gain knowledge than lose part of my deposit. I think that it is more profitable to miss possible profits than to suffer losses because of my mistakes.

Materials, analytics and knowledge that I have received have improved my analytical skills significantly. I feel confident trading on financial markets.

Recommendation: Start your interaction with the company precisely with education. This will allow you as a beginner not to lose your money.

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Xtrade You should try

Xtrade fits my needs a lot. I like almost everything that is provided in xtrade including fees and spreads which is very good for every trader. In general there is good leverage and a lot of instruments and you will not get tired of trading if you start to learn about a new asset class or some new instrument. You will have a lot of things to do on that platform which is very fast. Execution is also instant. You can take a look at it. I am not saying that it has no disadvantages but that disadvantages are not important for me.

Recommendation: Just go for it. I am pretty sure that everyone who reads this will like xtrade. It has a lot of pluses and you will understand it when you try xtrade.

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Xtrade Xtrade Review: Great Customer Support and User-Friendly Platform, but Room for Improvement

One thing I really like about Xtrade is their customer support. Whenever I have a question or a problem, I can always reach out to them and they are quick to respond. They are also very patient and helpful, even when I ask the same question multiple times.
Another great thing about Xtrade is their trading platform. It's very user-friendly and easy to navigate. I also appreciate the variety of trading instruments they offer, including stocks, forex, and commodities.
However, there are a few things that I think could be improved. For example, I wish there were more educational resources available, especially for beginners like me. I also think the fees could be more transparent and easier to understand.
Overall, I would recommend Xtrade to anyone who is looking for a reliable and user-friendly trading platform. Just be sure to do your research and take advantage of the educational resources available before you start trading.

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Xtrade Xtrade Review: Reliable Trading Conditions and Top-Notch Customer Support

I have been trading with Xtrade for a while now and I must say that I am very satisfied with their services. The broker's trading conditions really appealed to me and I found the company to be reliable and honest.

When I first decided to open a trading account with Xtrade, I had planned to start with a deposit of $150 and gradually increase it as I gained more experience. However, I was a bit confused by the minimum deposit size. I understand the reason for this limitation, as it helps to protect clients' funds from losses. After all, traders cannot always accurately calculate lot size, which can lead to deposit loss.

Despite having a safe trading strategy and experience in trading, I still had to open my account with $250. But I am okay with this, as it ensures that my money is safe and the probability of losing my deposit is very small.

One thing that I really appreciate about Xtrade is their customer support. Whenever I have a question or concern, I can easily reach out to their support team and they are always quick to respond and provide helpful solutions.

Overall, I would highly recommend Xtrade to anyone who is looking for a reliable and trustworthy broker. Their trading conditions are great and their customer support is top-notch. So if you're thinking about opening a trading account, I would definitely give Xtrade a try.

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Xtrade Xtrade Review: A Solid Platform for Trading with a Wide Range of Options

When I first stumbled upon Xtrade, I wasn't quite sure if it was the right fit for me. Their website didn't seem to have a lot of information, or at least that's what I thought at first. But after doing some digging, I found a plethora of positive reviews about the platform, which ultimately influenced my decision to open an account.

I have to say, the functionality of Xtrade is pretty straightforward. Even with my limited experience, I was able to navigate the platform with ease. They offer a wide range of trading options, including currency pairs, stocks, and commodities. It's all there for you to explore and take advantage of.

However, one thing that I wasn't too thrilled about was the lack of signals. They only offer analytical articles and reviews, which can be helpful, but I would have preferred some more ready-made solutions. As someone who is still learning the ropes, I don't want to turn down any help that I can get.

Overall, I think Xtrade is a solid platform for anyone looking to get into trading. It may not have all the bells and whistles of some of the more advanced platforms out there, but it gets the job done. And with all the positive reviews out there, it's definitely worth considering.

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Xtrade Xtrade Review: The Perfect Broker for Forex Newbies

I gotta say, I was pretty darn lucky when I stumbled upon Xtrade. As a newbie to the Forex game, I needed a broker that could provide me with a whole bunch of services to help me get started. And let me tell you, Xtrade did not disappoint.

One thing that I think all traders can agree on is that training is key. And Xtrade definitely has the upper hand in this department. They offer some seriously top-notch webinars, courses, and other educational materials that really help you get a handle on things. Even if you're just starting out and have never opened a trading account before, Xtrade's got your back.

But here's the real kicker: Xtrade also offers a free demo account. That's right, you can test the waters and get a feel for things before you even think about opening a real account. And once you're ready to take the plunge, you can create your own trading strategy and start making some serious dough.

Now, I know what you're thinking - what about the risk? Well, Xtrade's got that covered too. They offer a first deal at the broker's expense, which is a huge relief for those of us who might be a little nervous about jumping into the real trading world. With that kind of safety net, you can rest easy knowing that you won't accidentally open a wrong deal and lose all your hard-earned cash.

All in all, I gotta say that Xtrade is definitely the way to go if you're a Forex newbie like me. Their training materials are top-notch, their demo account is a game-changer, and their first deal offer is just icing on the cake. So what are you waiting for? Sign up with Xtrade today and start making some serious cash!

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Xtrade Xtrade Review: A Lifesaver for New Traders with Free Training, Dictionary, and Demo Account

I gotta say, Xtrade has been a lifesaver for me! I'm new to trading and I was feeling pretty lost at first. But thanks to their support, I'm starting to feel like I can actually make some money on the financial markets.

The training videos and articles on their website have been a huge help. They explain everything in a way that's easy to understand, even for someone like me who's never traded before. And the best part is, they're all free! I've watched them over and over again until I felt like I really understood the trading platform interface.

But sometimes I come across a word or term that I don't know, and that's where the dictionary comes in. It's a separate section on their website where all the trading terms are listed in alphabetical order. It's been a real lifesaver for me, because I can quickly look up the meaning of any word I don't understand.

And let's not forget about the demo account! This is such a great feature, because it lets you learn how to trade without risking any real money. I've been using it to practice my skills and get a feel for how everything works. It's been a real confidence booster for me.

Overall, I'm really impressed with Xtrade. They really seem to care about their customers and want to help them succeed. I feel like I'm in good hands with them, and I'm excited to see where my trading journey takes me!

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Xtrade Xtrade Review: A Secure and Feature-Packed Broker with Top-Notch Trading Tools

I gotta say, when I was lookin' for a broker to trade with, I wanted to make sure I knew everything about 'em. I did my research and read up on all the legal stuff and terms and conditions of Xtrade. And let me tell ya, I feel pretty darn secure about my deposit now. This broker is registered and regulated, so I ain't gotta worry 'bout nothin'.

And let me tell ya, they got a ton of instruments and markets to trade on. I'm tradin' all the time now. The Xtrade webtrader platform is top-notch. It's got all the features and tools I need to make my tradin' experience the best it can be. And it's super fast too. Plus, I don't gotta download nothin' to use it.

The education platform is pretty sweet too. They got tons of video tutorials, courses, and tradin' articles to help me out. And sometimes I even use it on my mobile app. It's easy to open and close positions, set limits, and watch the charts.

Overall, Xtrade is a pretty good broker. They got a bunch of useful tradin' tools and I'm happy with 'em. I hope this review helps y'all out.

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Xtrade Impressive Services and Generous Bonuses: My Experience with Xtrade

I have been trading with Xtrade for a while now and I must say that I am very impressed with their services. The platform is very user-friendly and easy to navigate, even for someone like me who is not very tech-savvy. The customer support team is also very helpful and responsive, which is a big plus for me.

One of the things that I really like about Xtrade is their deposit bonus. When I first signed up, I received a deposit bonus which helped me to increase my account balance and gave me more opportunities to trade. Additionally, my first trade for USD500 was completely risk-free, which was a great way to start my trading journey with Xtrade.

Another great feature of Xtrade is their Xpoint bonus system. This is a cashback system that rewards traders for their trading volume. The more trading volume I place, the more points I earn and the more funds I can return from the brokerage commissions at the end of the day. This is a very cool bonus system as it allows me to save a lot of funds that I can use for more trading.

Overall, I am very happy with my experience with Xtrade. The platform is easy to use, the customer support team is helpful, and the bonus system is very generous. If you are looking for a reliable and trustworthy brokerage, I would definitely recommend giving Xtrade a try.

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Xtrade XTrade Review: Fantastic Bonuses for New Traders!

I've been using XTrade for a few months now and I have to say, I'm impressed. When I first signed up, I was mainly interested in checking out the trading conditions and the quality of the trading platform. But then I discovered that XTrade has a bonus program for new customers and I was pleasantly surprised.

Let me tell you, XTrade is definitely one of the best brokers out there when it comes to bonuses. They offer some awesome bonuses for newbies! For example, when you make your first deposit, you can get up to $2500. And if you verify your phone, you can get an extra $25. Plus, if you pass verification, you can get a percentage of your deposit as a bonus. And that's not all - there are also bonuses available for your first transaction. In short, if you're a beginner and you decide to open a trading account with XTrade, you'll receive a whole set of fantastic bonuses.

I think this is a great demonstration of how much XTrade cares about its customers, especially newcomers. After all, newbies are the ones who are most exposed to risk when it comes to trading. But thanks to these bonuses, beginning traders have some financial support from the broker, which can make a big difference.

Overall, I'm really happy with my experience with XTrade so far. The trading platform is easy to use and the customer support is helpful. And of course, the bonuses are a nice added bonus (pun intended). If you're looking for a reliable broker with some great bonuses, I definitely recommend checking out XTrade.

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Xtrade Xtrade Review: Optimal Trading Conditions and No Withdrawal Fees

I have been trading with Xtrade for a while now and I must say that the trading conditions here are quite optimal for me. This was the reason why I made a positive decision in favor of this broker. They offer a good leverage size, to be exact, it's 1:400 for Forex instruments. I don't need a higher leverage size and I create my strategies based exactly on this leverage size. I would rather agree with some gurus that one shouldn't use leverage at all. Perhaps, they are absolutely right but look, these guys are already mature business sharks, their depos are huge and I do believe that they can afford trading without leverage. However, if your budget is not so impressive, leverage is the only way out. However, if it's possible to restrict leverage, you should do it.

Another reason for me to join this broker, the reason I learned from Xtrade reviews, was no withdrawal fees. I often withdraw money and this fact helps me to save money because I don't sacrifice a part of my gains when withdrawing money with this broker. It's a great feeling to know that I can withdraw my money without any additional fees. This is a huge advantage for me and I'm sure for many other traders as well.

The platform is easy to use and the customer support is always available to help me with any questions or concerns that I may have. The trading tools are also very helpful and I have been able to make some good profits using them. The spreads are also very competitive and I have never had any issues with execution.

Overall, I am very satisfied with Xtrade and I would definitely recommend this broker to anyone who is looking for a reliable and trustworthy broker. The trading conditions are great, the platform is easy to use, and the customer support is always available to help. If you are looking for a broker that offers great trading conditions and no withdrawal fees, then Xtrade is definitely the broker for you.

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Xtrade X Trade Company Review: Reliable Platform, Excellent Support, and Convenient Mobile App

I wanna tell you about my experience with X Trade Company, it's been a real good ride with them. They got some real good support and trading facilities that make it easy to trade.

First off, I gotta give a shoutout to my account manager, Maamoon Abdullah. He's been a real help to me, giving me advice and support that's helped me make some real profits. I ain't never had a losing trade with him, he's a real pro and a real nice guy too.

The platform they got is real easy to use, even for someone like me who ain't too tech-savvy. It's got all the tools and features you need to make some good trades. And it's real reliable too, I ain't never had no issues with it.

One thing I really like about X Trade Company is how convenient they make it for you. They got a mobile app that's real easy to use, so you can trade on the go. That's real important to me, 'cause I'm always on the move and I need to be able to manage my trades wherever I am.

Overall, I gotta say my experience with X Trade Company has been real good. Maamoon Abdullah's been a real help, the platform's easy to use and reliable, and the mobile app makes it real convenient. I'd recommend X Trade Company to anyone who's looking for a good trading experience.

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Oscar Garnier
, FR
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The first impression I had from using services of this company can be described in one word - Quality.

Broker provides professional tools for trading on financial markets. And to all appearances this company has great experience in brokerage activity as everything works clearly.

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Cas Smit
, NL
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your trades get executed instantenously with tight spreads

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Joaquin Rubio
, ES
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To be completely honest, I had some prejudice about xtrade broker. i had seen their website and i thought they were an outdated broker. i was so wronng. its one of the best i have ever seen. its so high quality!

Xtrade complaints 29

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6:07 am EDT
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Xtrade Difficulty in withdrawal

I made a request to withdraw from my XTrade account but I did not receive the money till today. The process of withdrawal is rather tedious. First, you make a request form the website, then another 10 days of waiting for approval and supposed to credit the fund to you on the day of approval but I have been waiting for more than 3 weeks. Multiples emails has been sent to the support team but to no avail. They could not provide an official proof of transfer. It has taken longer than expected to respond.

Desired outcome: Please refund.

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Xtrade Xtrade Review: A Total Rip-Off Scam - Beware and Stay Away!

but it was a long and stressful process. Xtrade is a total rip-off and they don't care about their customers at all.

I was lured in by their flashy website and promises of big profits. I thought I had done my research, but I was wrong. As soon as I tried to withdraw my money, I hit a brick wall. Xtrade made it impossible for me to get my funds back. They kept coming up with excuses and delays, and I started to feel like I was never going to see my money again.

That's when I turned to huklersiege.com. They were able to help me get my funds back, but it wasn't easy. It took a lot of persistence and patience, and I had to provide a lot of documentation to prove that I was the rightful owner of the account. But in the end, it was worth it. I got my money back and I learned a valuable lesson about investing with shady companies like Xtrade.

If you're thinking about investing with Xtrade, don't do it. They are a scam and they will take your money and run. Instead, do your research and find a reputable broker that has a proven track record of success. Don't make the same mistake I did and get burned by these crooks.

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Xtrade Xtrade Review: Unreliable and Potentially Scamming Customers

address and then we will process your withdrawal. I don't trust them anymore and I think they are just trying to scam me.

So, I signed up with Xtrade a few weeks ago and I was pretty excited to start trading. One of their reps, who called himself "binde," reached out to me and promised me a 100% trade bonus. I was thrilled! But then, I talked to another guy who said that they couldn't actually give me the bonus. That was a bit of a bummer, but I decided to keep going anyway.

Now, I've been trying to withdraw my money for the past seven days and it's been a real pain. Xtrade keeps creating these traps for me to fall into. They're telling me to give them my bitcoin wallet address and then they'll process my withdrawal. I don't know about you, but that seems pretty sketchy to me.

Honestly, I don't trust Xtrade anymore. I think they're just trying to scam me out of my money. It's really disappointing because I was really excited to start trading with them. But now, I'm just frustrated and annoyed. I wouldn't recommend Xtrade to anyone.

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Is Xtrade legit?

Our conclusion: ComplaintsBoard has concerns about Xtrade's legitimacy, so we recommend caution. Be sure to check complaints and reviews to understand Xtrade's practices before engaging with them. If you've had a negative experience, please let ComplaintsBoard know by filing a complaint.

Xtrade earns a trustworthiness rating of 36%

Be careful. Check reviews and watch out for issues before dealing with Xtrade.

We have identified high risk financial services or content on Xtrade's website. It is recommended that you use trusted sources and do your due diligence before engaging with any offers or services.

Xtrade offering cryptocurrency services, it is important to be aware of the potential risks involved. Cryptocurrency transactions can be anonymous and irreversible, making them a prime target for scammers and fraudsters.

However ComplaintsBoard has detected that:

  • Xtrade has received 17 positive reviews on our site. This is a good sign and indicates a safe and reliable experience for customers who choose to work with the company.
  • A long registered date for xtrade.com can be seen as a positive aspect for Xtrade as it indicates a commitment to maintaining the website and its domain name for a long period of time. It also suggests that the company is organized and has taken steps to secure its online presence.
  • The age of Xtrade's domain suggests that they have had sufficient time to establish a reputation as a reliable source of information and services. This can provide reassurance to potential customers seeking quality products or services.
  • Xtrade.com has a valid SSL certificate, while Scammers can obtain a valid SSL certificate by using fake information or by using a stolen or hijacked domain. In some cases, they may even use a certificate issued to another legitimate website.
  • Xtrade.com has been deemed safe to visit, as it is protected by a cloud-based cybersecurity solution that uses the Domain Name System (DNS) to help protect networks from online threats.
  • Several positive reviews for Xtrade have been found on various review sites. While this may be a good sign, it is important to approach these reviews with caution and consider the possibility of fake or biased reviews.
  • We looked up Xtrade and found that the website is receiving a high amount of traffic. This could be a sign of a popular and trustworthy website, but it is still important to exercise caution and verify the legitimacy of the site before sharing any personal or financial information
  • This website offers payment methods that provide the option for customers to get their money back, which could be a positive indicator of the company's commitment to customer satisfaction.
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Xtrade Warning: Xtrade is Untrustworthy and Unreliable - Get Your Money Back with Consultsimon1964 Outlook Com

Don't ever think about doing business with Xtrade. They're not trustworthy and they don't care about you. They're quick to help you with deposits, but when it comes to payouts, they're nowhere to be found. And if you do manage to get in touch with them, they'll ask for more deposits to fix the problem. It's crazy!

Luckily, I was able to get my money back from this company with the help of consultsimon1964 outlook com. They were the best helping hand I could ever get. They really know what they're doing and they helped me get my money back in no time.

If you're thinking about doing business with Xtrade, think again. They're not worth the risk. There are plenty of other companies out there that are more trustworthy and reliable. Don't make the same mistake I did.

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, US
Jul 12, 2023 6:12 am EDT
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Can you share the process of you getting the refund with consultsimon 1964?

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Xtrade Xtrade Review: Making Bank on Government Bonds and Majors

I ain't gonna lie, I ain't fully checked out Xtrade yet. I'm still workin' on it, ya know? But let me tell ya, it's got some stuff I ain't seen before. I ain't gonna front, I don't get all the features, but I don't need 'em all anyways. Right now, I'm makin' bank on them government bonds. I never traded those before, but I read this article on their site and it got me interested. Now I'm tradin' 'em and makin' some serious cash. But let's be real, bonds alone ain't enough. I'm also tradin' majors and makin' some good profits there too.

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Arthur Janssen
, US
Nov 19, 2023 4:07 am EST
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I am really satisfied with the support and the overal service I receive at Xtrade. From the very beginning, I was amazed by the transparency of the broker, displaying all you need to know to make your decision whether it is a suitable broker for you or not. I value transparency and honesty, and Xtrade excels in this regard!

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Xtrade Want to login for withdrawal

I was having Acount on xforex in 2013. Unfortunately I stopped trading I was having around 9000/- Indian rupee in that account. Want to login and withdraw that amount. Please share your website. Mail:- [protected]@gmail.com
Contact +[protected] .

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3:53 pm EDT
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Xtrade trading

Dear Sir/Madam,
This is my complain.
I received are call on 03rd October 2014 from xforex team Mr Nathan Rudd. He spoke to me about Xforex and take my credit details. he deduction amount of Us 150 from my bank account.after that he did not call me back untill now.I totally confused what to do. I send couple of follow up email but did not get any responses. Please I did assistance on this..my number is [protected] or email me on [protected]@gmail.com. see copy of the deposit I made.

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Cody Grey-Smith
East Syracuse, NY 13057, US
Feb 19, 2024 6:51 pm EST
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Your case is similar to what happened to me. All my efforts contacting customer service to help resolve my issue failed.

On this website, there is an article about Paige McCubbin and how she has been assisting victims like myself in getting their money back.

In the end, she succeeded in retrieving my locked money and have to deposited to my bank.

I suggest getting in touch with her on Telegram if you need help, her name is; Paigecubbin.

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9:56 pm EDT

Xtrade lost my capital of $2300

Dear sir,

I have invested $1000 in the beginning in xforex, but unfortunately the trade moved against my trade and I lost my investment. Again I had been told to invest $1000 and also said me to deposite in case margin falls to risky level and accordingly I had invested another $300 when margin was too low but even then I lost all of my investments.
How can trade always move against our investment...!?
I strongly suspect the xforex company to be fraudulent.

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Eric Zap
, PH
May 28, 2015 8:56 pm EDT

all scam! please look for this xforex our Dear Govt Officials.

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Eric Zap
, PH
May 28, 2015 8:54 pm EDT

all fraud

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9:27 am EST
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Xtrade Money didnt receive

I was fraud by the xforex company, i wanted to withdraw my money but after months i didn't receive any money even with all the steps done they still didn't give me back my money! Tried Email them a number of times but wasnt even replied. I want my money back!

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siddhant00
, IN
Feb 18, 2015 7:08 am EST

Even They did the same with me.i have sent mails number of time but didnt get any reply.once i completed the withdrawal selection my equity became zero.i have sent the required documents as well.its been more than 1.5 months still waiting for their reply.i never expected this kind of service from the company and the representatives.

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Xtrade Scam warning

Dear all, please take this complaint seriously. I have been toying with the idea of investing some money into xforex.com and playing around with stocks/currencies/commodities. The site seemed legitimate so I signed up to receive a free training package. I got called a day later with a woman asking me for details to set up an account (even though I had put these details in during registration. She explained that in the next 48 hours an professional trader trainer would contact me and walk me through the basics of trading. She asked me how much money I wanted to invest and then passed me off to another man. He immediately asked for my credit card details, on the phone, which I was unwilling to give. I told him as much and he said that the first woman would email me back and that I could give my details via email since I was uncomfortable to do so over the phone, which I would still not accept to do, seeing as there is no securitised or automatic way of doing so. Moreover, they seemed really rushed to get me to sign up so I asked them for some time to go through the documentation and asked them to give me a telephone number that I could contact them on one I had been through the terms and conditions. They were insistent about their legitimacy and how they are regulated until the very end. They never gave me the phone number I requested and instead offered to call me the following week. After that, I got suspicious and decided to read up on Xforex and it seems that many people have been scammed. AVOID LIKE THE PLAGUE!

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Xtrade Fraudulent charges

I really need help. I never used the website www.finexforex.com, but several weeks ago these jerks started to charge me and took about $200. I noticed it several days ago and called to my bank, but they told me that they couldn’t help. I’m really disappointed and don’t know what to do. I wonder if there are people, who had the same thing. Maybe you can advise me how to stop these withdrawals. Please post your ideas and comments. Thanks.

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Xtrade Cheating

I started a demo account with xforex as per my phone call from someone in singapore called gilbert ho (Sale representative) then he told me that someone else is going to call me to explain to me about xforex, then this guy samuel tan called me from philipines, he explained to me about xforex and told me to use the demo account to learn more about trading on forex, then he said i should deposit 1000$ which will enable me to be trained by one of their staff, i didn't pay this amount because i am not sure yet if i want to do this, but when i checked my citibank credit card i realized that they deducted 100$ and it was shown in my statement of account (Xforex.com442030516305 limassol cy foreign amount u. S. Dollar 100. 00 on 9th of oct) , i don't know why they deducted this amount although i am not trading yet! Are they a bunch of thieves?!

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treasurenet
London, GB
Dec 28, 2010 8:02 am EST
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XForex is a market maker broker offering one of the best platforms for forex trading.

I really recommend Xforex.com to everyone!

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Brandontzh
, SG
Feb 23, 2014 11:40 am EST

Hi. Im also from singapore too. I last week I just opended a account from xforex. And my trainer is Samuel tan. So far I had won a sum of 300plus usd. Now what im worry is that are they really a scammer? Cause I haven't try to make and withdrawal with them yet.

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Xtrade they took my money and no reply

RESPECTED SIR/MADAM, I PAY THEM 5000 INDIAN RUPEES AND THEY TOLD WE WILL TRAIN U I SEND MY DOCUMENTS AND AFTER THAT I GOT DEMO ACOUNTS BUT AFTER TWO DAYS LATER I CANNOT OPEN MY DEMO ACCOUNTS AND NO BODY REPLY ME . NOW I WANT BACK MY MONEYWITH INTEREST BECAUSE I PAY BY CREDIT CARD. IT IS NOW TWO MONTHS IS GONE SO SLOVE MY PROBLEM AND LET ME KNOW SOON.

THANK YOU SO MUCH.
KAILASH JOSHI
MUMBAI
[protected]

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Xtrade Illegal registration

To: [protected]@xforex.com, [protected]@xforex.com, [protected]@xforex.com, [protected]@sebi.gov.in, [protected]@sebi.gov.in
I got a call from xForex from Sydney. They told me that I have registed myself and that they also have my phone number and other contact details. I HAVE NOT REGISTERED AT ALL NOR HAVE I HEARD THE NAME OF THIS COMPANY EARLIER. The lady who called me then asked me if I am interested in a part time trading job with iforex and perhaps I may have registered for the same. This is also totally false. Remove all my details from your database and do not contact me again. If it does not happen I will have to take you up on privacy laws and illegal registration. I am also sending a copy of this mail to Security Exchange Board of India.

To SEBI - xforex is a foreign currency trading website that has registered me for trading without my consent. I suspect they would have done similar practice with a number of other people. Also if you check the internet it is full of complaints against xforex.

Soon after I sent this email I got another mail from xforex saying that they have added $50 to my account and I can start trading. How dumb can people be at that company. I got a call from Name : Megala Devi, who said she is calling from Sydney. Also xforex is registered in Cyprus.
It seems to be a big fraud. Stay away from it.

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gilbert25
, PH
Jan 07, 2015 8:25 am EST

XFOREX IS A SCAM! They told me I can get my money right away if I need it but it didn't happen. I talked to their representatives and they just keep on asking documents one after another. Please give me my money back!

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kuber1008
, US
Mar 04, 2013 11:52 am EST
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I have submitted 500$ to the company. Now they are not returning my money and are asking for my documents to validate my account. So I want to know that how safe is give the copy of my PAN card as a photo id proof ? Pls help me as soon as possible.

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cokeedavid2003
, PH
Jan 10, 2015 1:35 am EST
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anu paba ang hinihingi nila n document?

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cokeedavid2003
, PH
Jan 10, 2015 1:32 am EST
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Hello, nagjoin din ako jan sa xforex.com pero nakuha ko naman agad ung pera ko through credit card, , in 4days lang, basta kompleto ung document na binigay mo. contact me kung my kelangan kapa malaman? this is my email address cokeedavid2003@yahoo.com

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Natalia S
, CY
Jan 07, 2015 3:06 am EST
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Dear All

We are a regulated company licensed and authorised to operate worldwide for many years now.

And, of course we are registered also in Cyprus. With all due respect since when this amounts to fraud ?! On the contrary, this is a great advantage for our clients and for the company.

We would like to bring to your attention that being registered in the European region means, amongst others, that the Company

1. follows strict regulations and high standards
2. is being frequently checked on its operational compliance
3. reports on a monthly basis its capital adequacy to prove that we meet the requirements by far

Additionally we have an in-house compliance officer whose job is to check any issues arisen.
Therefore should you have any issues, complaints, inquiries, worries you should contact the company first in an effort to solve the issue and not dragging it here and there to intentionally harm the good reputation of the company without first giving the opportunity to settle any disagreements.
There is no company that does not have bad posts from time to time. There are clients out there that might have lost while trading but there are a lot other that successfully made profits and continue with XForex while they are satisfied by our services. How can you respond to that -

Finally, we regret to inform you that we cannot reply to or help with any of the posts made herein as we do not know who you are and you haven’t proceeded with the formal complaint procedure which is to address to the compliance@xforex.com .

Thank you.
Natalia

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Avals
, US
Oct 04, 2014 9:20 am EDT

I decided to try my hands at trading. I transferred money to the website of XForex. I checked my account, but money didn’t appear. I decided to contact the admin, but he promised to check and reply within couple of hours. Of course this jerk didn’t reply, no info about money and no idea how to get them back. The company is real scam, so better avoid them or you will lose money. They are real ###, so please post comments.

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SUDEESH KUMAR S
, IS
Jul 06, 2013 7:53 am EDT
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Respected madam/Sir, I am a retired sergeant from Indian air force after 20 years of service. I was in hand with my service benefits when I came across the falls promises of xforex account manager ( an Indian in Australia) ms Nanacy Nagavkar from Maharashtra. She slowly slowly drained my amount insisting me to deposit amounts and offering 50 % bonuses of deposit. Initially she use to call frequently for deposits and offered some miserable trainings which I never understood. In total I deposited 3100$(USD).Which ever pair I invested it falls down and drained my funds. Even I invested according to their pop-up guidelines. Now I am left with only 30$ and no bonus in my account. After that she never called. The amount accounts to 1.8 lakhs inr which is my hard earned cash for serving the country for 20 years and around 1/3 of my retirement benefits in hand. I have complained several times in there site but nobody replied. Please help me to recover my 20 years benefits in pain and vain.

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Return of King
, ZA
Mar 11, 2014 11:27 am EDT
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Deal All,
As appears to be the case from the many many complaints against this company and its highly suspicious conduct, my question to all of you is: WHY DON'T YOU REPORT SUCH COMPANY TO THE INTERPOL ? OR CIA OR FBI OR SCOTLAND YARD ETC ? WHY ALL OF YOU ARE SITTING HERE COMPLAINING AND WIGHNING LIKE DESTORTED WOMEN ?

Get out of your skin and make a joint report about this company to some international authority to arrest all of them untill all funds are returned to its owners. The company's registered office is in Cyprus: and UK ... So, stop wighning like women giving birth and do something more than just weeping your bad luck.

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bayaboo
, US
Aug 06, 2013 4:55 pm EDT

i am sorry to tell you that you have lost your money. its like u have bet on a game which u didn't understand. and unfortunately lost bets can't be returned. i understand how u feel because i made a profit of $1500 in a day and lost all my money the other day$2000. so i came here before investing again. try to think positive as u have lost only sme of your money not all.

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jt28
, IN
May 15, 2013 1:38 am EDT

dont worry I have submitted my passport zerox copy as a id proof. dont worry I have successfully deposited and credited back my amount from xforex.com

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Xtrade Refusal that one withdraws deposits

I am also one of the people XFOREX has scammed. Deposited over $1800.00 in total. Lost on their "platform" which glitches and hangs just when important, volatile changes happen in the market. When one tries to close down positions, then you can't - happens with regularity. Lost almost 1700 in this manner... It feels like a loaded dice or a gambling table - the moment the 'house' sees one is making a trade, 'they' trade against you and so you lose what you've gained...

When I decided I wanted to withdraw $325, they opposed the withdrawal by writing to me and saying I shouldn't withdraw. I stated it was my prerogative and that I wanted the money. They then said "OK" but never allowed me to withdraw my funds.

Alleged promised "bonuses" seemed to just 'evaporate' and I found that the money with I had supposedly withdrawn, suddenly made it's way back into my account around times of volatile trading, so that one wasn't aware that you were trading with money you had actually withdrawn!

When I inquired why the funds were never deposited back into my personal account as requested, they claimed they never "received the required paper work" - I do, however, have all correspondence with them and they now claim the senior accounts manager, Judit Kovacz (false name I'm sure) has suddenly "left the company" and no longer works there. Ironically, they take no responsibility for the fact that a so-called "senior" accounts manager, didn't forward the paperwork as they claim and their counter-claim is "BUT YOU TRADED WITH THE MONEY - YOU COULD HAVE STOPPED!" - knowing full-well that I was totally unaware that the requested funds had surreptitiously made its way back into my account just in time for a very volatile trading session, when their platform becomes unreliable and one is very likely to lose every cent you are investing in the "market"

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SadandDone
, ZA
Aug 22, 2013 1:33 pm EDT

I am feeling the same as all the complaints happened to me too. Currently lost over $3500 in a matter of 2 months from their false tips and advise.

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Compliance Department
, CY
Mar 22, 2013 7:59 am EDT
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Dear Sir

First of all thank you for choosing XForex for your trading activities.

Please note that this post cannot assist you in solving your issue raised.
All XForex Clients are aware of the complaint filing directly via email to onlinecs@xforex.com or straight to compliance@xforex.com via the website itself.

It is further noted that your complaint does not match to any of the complaint filed within the Company.

If you are a real client of XForex please send us email and we shall resolve the issue, as usual, with immediate effect.

The Company takes Clients complaints very seriously and immediate steps are taken at all times.

Thank you.

COMPLIANCE DEPARTMENT

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Xtrade Fraud

Hi,

This is a complaint I want to file regarding the xforex sales team:

1.) I got a call saying that I just need to deposit 100$ and can start trading.
2.) After depositing 100$ I got an account opened and the person on phone said click on deposit and put 150 and confirm.
3.) I asked him again and again does this mean 150$ are going to get credited from my account to which he replied "NO, it's 62$ bonus"
4.) I did it, which credited 150$ more from my account.
5.) Then another person called and I complaint about it so he said no problem sir, you can just withdraw 150$ + 62$ bonus once you submit
the documents. And during the training he also said you don't set a Stop loss and close trade when you see a profit.
6.) Then YOU (Elana Solomon) called and said the 62$ bonus amount I can get only when I meet the Volume to reach
7.) When I was doing the trading the equity went as low as 30$, so you called and said to close the deals OTHERWISE I will have a lose of
140$, which i eventually did and face any ways a loss of 140$ (That otherwise was so misleading).
7.) When I was explaining this to this respectful lady, she accepted that these sales men are fools (The exact words used by her).
8.) This lady asked me to send a complain letter to her.
9.) I asked how do I track this complaint of whether you are acting on it or not as this would go in you personal mail. And anyways I am going
to close the account (my mistake i believe shouldn't have disclosed this so early).
10.) She said do you want me to initiate a complaint process or not? (She could have politely said, sorry but we don't have such tracking
available yet but all I can do is assure you I will do all possible things I can)
11.) I just asked her to mind her tone
12.) You should know how to speak to ladies.
13.) I asked her what did I say offensive.
14.) She disconnected the phone.

I hope all your phones are recorded.

Respected lady, Please forward this complaint and let your seniors decide the fact.

Thanks for such a wonderful experience.

Regards,
Ashwin Pimpale.
Mob: +91 [protected]
Contact until 24th march 2013: [protected]

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scarlett2k14
, PH
Jan 07, 2014 5:50 pm EST

can i have a copy of your conversation thru phone .. just email me at scarlettmcknight@hotmail.com

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Xtrade Deposit not returning back

Their customer care executive called and said to deposit 100$ which i transferrred and he disconnected the call. The are not returning my money back. Please ask them to return my 5800/-

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jt28
, IN
May 15, 2013 1:47 am EDT

just do one thing 1) go to xforex site, go to withdrawal and put all the details asked about your bank 2) if you do not have these details go to your bank through mail or personally with the snapshot of the details xforex asking for, bank will give you required IBAN and swift codes 3) Once filled xforex details you will get withdrawal form, just sign it and mail it to withdrawals@xforex.com.4) within a week or two your all money will be credited back in your credit card A/C. its my experience.

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Xtrade FRAUD BY XFOREX

SCAMWednesday, 04 April 2012
Written by Ahmed Al-Nasser from Saudi Arabia

It's right that the issue was settled by paying back most of the money taken by them.

However, I would like to warn everybody from dealing with this company as I found out that it's SCAM. I was corresponding with many organizations and here is the reply received from FINANCIAL INVESTIGATION UNIT/ The Royal Virgin Islands Police Force located in BVI and it says the following:

To: Mr. Ahmed AL-NASSER
28/06/11

Subject: XForex

Dear Mr. AL-NASSER.

I have been notified by our Financial Services Commission (FSC) that an offence may have been committed by a purported BVI registered company called OCM Online Capital Markets Limited, operating under XForex

Our reference BVFI00020025, Op 213

This company is registered with Trident Trust Co (BVI) There is no physical business with in the BVI.

The company is not licensed by the Financial Service Commission so there is no regulation or supervision by the Commission.

This is a matter you should consider reporting to your authorities as this is an Internet Fraud.

Please use this report as point of contact for law authorities.

Adrian DALE
Detective Sergeant
Royal Virgin Islands Police Force
Anti Drug & Violent Crimes Task Force
Financial Investigation Unit
Police Headquarters
PO Box64
Road Town
Tortola
British Virgin Islands

In addition, this company is continuing the practice of spreading many fake ads and I have the proofs.

As a result, Everyone must pay attention to that SCAM.
FOUND AT :http://www.forexjustice.com/Review_Section/Forex_Broker_Reviews/XForex.html

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Sahridah
, PH
Jun 22, 2015 12:04 am EDT

Sir/madam, complainant from Philippines. I am a victim also by xforex company. I deposit $250. I tried to withdraw my money but they rejected it many times and i was so frustrated because the women i talked with was a filipino also and she told me that if didn't like the scenario, I could withdraw my money a day after. I want warn people not to join this company because it's a 100% scam and fraud.

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Xtrade Not surrendering my deposit

I deposited an amount of Rs.5000, in xforex trading account and started doing demo trade. The accounts manager, Mr. Aashiq promised me to return the amount, if were not satisfied with the trading. After 2 weeks I heard no response from him. Meanwhile, a foreigner, is asking me submit some documents like debit card xerox, ID proof etc, even if I wanted to close my account. I don't know how to proceed . Pleas help me in this matter.

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vicky 2
, IN
Dec 08, 2012 7:58 am EST

is xforex is legal in india now in 2012?please tell ..

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rocco hunter
, LK
Jul 26, 2012 3:55 am EDT

you can withdraw your money just submit the documents they request and you can get back your money for sure!

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V. G M
, IN
Mar 25, 2012 9:06 pm EDT

There is no Demo . Whatever you make or loose ; the balance ; if any, will be returned after 2 weeks. Send the copy of the credit card with just the last 4 digits exposed. The number on the back also must be hidden.

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Xtrade Victim of Xforex

My name is Ahmed T. Al-Nasserand I was a victim of fraud committed by one of the Forex Companies called XForex (www.xforex.com) as I lost my Capital $12, 000. I believe they are attracting clients in different ways and then causing them loses deliberately through many ways.

In addition, I would like to inform you that I found out a warning from investing with this company called Xforex issued by the AMF (Autorité des marchés financiers) as shown at the following link:

http://www.amf-france.org/documents/general/9736_1.pdf

Here is another link for another document:

http://www.lautorite.qc.ca/files/pdf/salle-de-presse/communiques/2010/com21juillet2010-meg-xforex-ang.pdf

I am writing to you because I came to know that I am not their only victim as they have bad records of such fraud operations. Therefore, I am seeking your assistance and recommendation in how to return my money back.

The details of my Story as follows:
1- First of all, Xforex Staff rushed me to register and open an account with them without considering the importance of reading and understanding the terms & conditions. They also lied about offering the demo account and about providing the professional expert who should guide me step by step and the evaluation prior to using the live account.

*Details Of This Point:

I visited Xforex web site as advised by my relative who traded with them and lost his money later on too because of some similar reasons. In the beginning, I placed my basic information at their website and then I was forwarded to the webpage where it has the terms and conditions and the advice to read it but I closed the webpage without surfing further because I was not fully convinced of this service. After one day I received a call from one of Xforex marketing team called Omar Abu Ataa. When I told him I am hesitated and afraid of losing my capital, he said it is a very profitable business and you shouldn't worry as we have all capabilities to make you a successful trader and he promised me to be given a special training and education using a Demo Account, the help of professional experts staff and evaluation prior to using the live account and he was pushing to convince me to complete my registration with them. As a result, he passed me through the activation process without showing or taking into consideration that the terms and conditions must be read and fully understood by the client. During the activation process I told him I can only trade with $5000 capital but he said try to make additional deposits now to take benefit from the 35% bonus and then you can withdraw it immediately, but don't tell to anyone that I gave you this advice!. Finally, I decided to deposit an initial capital of $10000. Then I received a call from the Account Manager Ms. Nisreen Abo Ahmd and she asked me to log in to my account. However, she made me do some trades through her advices and when I asked her "Is this a demo account we are working in or real?" she neglected the importance of this issue and said don't worry and when I repeated the question later on again she said it's live and no need for a demo account now. So, I was exposed to live trading immediately where I bore lots of loses.

2. The Account Manager gave many false trading advices which caused a major loss in addition to neglecting the need of using stop losses strategy by her.

*Details Of This Point:

Another major thing to complain about is the style of trading instructions, and advices I was receiving through the frequent daily calls of my Account Manager. I was requested by her to place mostly high value orders in rush basis with no understanding of the risky cases and their consequences. I believe that there should be only training by their staff in addition to analytical recommendations with warnings that it is my responsibility but not trading advices and that the losses I had as a result of their advices should be their responsibility not mines. However, although most of the trading advices were by telephone buy I have a proof by E-mail. I also sent a complain to her in this regard to take into consideration the type of advices she is asking me to follow.

On the other hand, not using Stop Losses strategy is a big mistake. The Account Manager was always neglecting the need of using Stop Losses Strategies although I requested this many times by telephone and through a previous complain I sent by E-Mail. Stop losses strategy is highly important especially for beginners like me, but she was always preventing me from using it through her trading advices.

3. Postponing and delaying withdrawals deliberately and pushing the client to change his decisions.

* Details Of This Point:

When I started to realize that this market is not suitable for me which happened after I bore $4000 losses, I decided to withdraw all my balance and on 9/06/2011, I made a withdrawal request of $10000. At that time my Account Manager called me trying to change my mind in order cancel the withdrawal request and I confirmed to her that I am sure of that as I found out that this market is not suitable for me. However, their staff postponed my withdrawal request and she called me again to insist in cancelling the withdrawal. I believe that this is an illegal practice from them. Do you think that they have the right to postpone this withdrawal in a way that they push their client to change his mind? Is this legal and can they justify their staff actions to be within the terms and conditions!. As a proof I can provide the withdrawals records and to see that my withdrawal of $10000 was rejected and another one was placed alternatively with an amount of $5000 because of the interference and violations of XFOREX.

4. Late Withdrawals procedures by Xforex leading to tragic consequences.

Details of This Point:

Late Withdrawals caused me further troubles by Xforex. I couldn't fix my margins by depositing additional amounts because of late withdrawals as I ran out of money. I had two withdrawals that were received so late in spite of many follow-ups. One of them was requested on 2/06/2011 and received only on 1/07/2011 approximately one month delay. The other one was requested on 11/06/2011 and received only on 22/06/2011. However, I ran out of margin on 20/06/2011 and absolutely if I was given my withdrawals on time; then I could keep my margin by making an additional deposit.

5- Bad support services and wrong recommendations.

* Details Of This Point:

- As a continuation to the previous point and when I couldn't fix my margin through deposits, I requested the urgent help of Xforex Support Team through the Live Chat and they told me your only solution to fix your margin is by depositing more money which I couldn't afford. I then thought of the case and I came with a conclusion that there was another solution that was missed up by their support team. I was having many EUR/USD and USD/EUR open positions and I could have fixed my margin simply by selling some here and there till I reach to an equivalent point. However, this was not advised by their support team.

- No low margins notices received although my account was classified as VIP and therefore, I believe I should be subjected to this advantage either by mobile or E-mail.

- My account was classified as VIP as my deposits reached to more than $10, 000 but I was not awarded the services of the VIPs because I came to know that I should have been using another downloadable application with more benefits such as discounts in the spreads. I also came to know that my Account Manager has the experience for managing small accounts not VIPs

- Ignorance of Client E-mails: Currently, Xforex is ignoring me totally and not answering my frequent E-mails. In fact, my Account Manager was ignoring me since the date I lost all money which took place on 20/06/2011.

In addition to the mentioned above, one person contacted me through facebook and I knew from him that Xforex made false advertisement of me as a big winner without my knowledge and further acceptance.

I wrote to them complaining about these troubles but they denied most of these facts and they are now ignoring all my replies, follow up E-mails and messages.

I seek for your assistance in judging this company to resolve my problem and return back my money which is $12, 000 as I was cheated all the way by them.

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SoClose2bScUmed
, PH
Apr 28, 2014 12:11 pm EDT

Tnx guyz i about to deposit money to xforex this coming wednesdy but reading all these i am hesitating ...i shud just sit comfortably to my seat and enjoy a some slices of pizza really thank you guyz u really are a big help for me today...now i know what to do. Just like AtnZXC..i am now being rush to deposit 100$ to activate my acc. and get 1 on 1 virtual tutorial the calls and offering 50% bonus etc...i thank God He led my hand to see ur complaintS abt XFOREX.COM

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lytlyt
, PH
Feb 20, 2013 6:16 am EST

IF YOU DID NOT PASS ANY DOCS TO THEM THEY HAVE NO REASON TO CHARGE YOU VIA CREDIT... i got this idea from an email they sent me... i think its a loophole to them in charging...Please wait for a site operator to respond.
You are now chatting with Olvia.
Olvia: Hello and welcome to Xforex. I will be your chat operator today.
Olvia: How may I help you?
louie siy: what do you mean when you can not charge me for the 100$ i send if for instance i did not pass required docs to you?
louie siy: When emailing documents – please write in the subject your username / first + last name Note: These documents are required in order to assure the security of all traders at Xforex. This is our way of verifying that your details at Xforex match the ones on your credit card and utility bill, and are in compliance with the international laws of money laundering. Please note that without these documents we are not legally permitted to transfer or withdraw any funds in or out of your account. Please make sure to update these documents if you change residence or add/replace your credit card. If you have any further questions feel free to contact me on via online chat by clicking here or via reply email to cs@xforex.com. I look forward to hearing from you soon.
ly: so am i charged or not?
Olvia: no you need to send your documents
ly: in orr for the 100$ that i lost will be charged to me?
ly: order
Olvia: no you will not get charged
ly: i later added 50 $ in reasons of hopes of getting it back... does this mean i am off the hook?
ly: but it was not the luck of me...:-/
Olvia: you need to send your documents and make the withdrawal request online from your account
ly: otherwise?
ly: it will not take effect...
ly: but my balance is 2$ more so i lost 150$, so this does not mean anything if i dont send the docs, thus wil not appear in the statement
ly: right?^_^

About Xtrade

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Xtrade is a leading online trading platform that offers a wide range of financial instruments to traders worldwide. The platform is designed to provide traders with a seamless and user-friendly trading experience, making it an ideal choice for both novice and experienced traders.

One of the key features of Xtrade is its extensive range of financial instruments. Traders can access a wide range of assets, including forex, stocks, commodities, indices, and cryptocurrencies. This allows traders to diversify their portfolio and take advantage of different market conditions.

Another key feature of Xtrade is its advanced trading tools and technology. The platform is equipped with state-of-the-art trading tools, including advanced charting and technical analysis tools, as well as real-time market data and news feeds. This allows traders to make informed trading decisions and stay ahead of the market.

In addition, Xtrade offers a range of educational resources and support services to help traders improve their skills and knowledge. The platform provides access to a range of educational materials, including webinars, tutorials, and trading guides. Traders can also benefit from the support of a dedicated account manager, who can provide personalized guidance and support.

Overall, Xtrade is a reliable and trusted online trading platform that offers a range of features and tools to help traders succeed in the financial markets. With its user-friendly interface, extensive range of financial instruments, and advanced trading tools, Xtrade is an ideal choice for traders looking to take their trading to the next level.

Overview of Xtrade complaint handling

Xtrade reviews first appeared on Complaints Board on Feb 5, 2009. The latest review Broker was posted on May 7, 2024. The latest complaint Cheating was resolved on Nov 17, 2013. Xtrade has an average consumer rating of 2 stars from 46 reviews. Xtrade has resolved 8 complaints.
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Xtrade Category
Xtrade is related to the Investment, Insurance and Financial category.

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