Verification record
Xtrade review
The entity behind Xtrade, its licence, and how to confirm both yourself.
Last checked
Xtrade is not a broker we would put money with. We are not calling it a fraud, and that distinction matters, but too much about it is unverified or offshore to treat it as safe. Regulated by Belize FSC (4705379); South Africa FSCA (FSP 44681); additional offshore entity, offering Xtrade WebTrader, Xtrade Mobile.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
Regulation and safety
- Regulated by
- Belize FSC (4705379); South Africa FSCA (FSP 44681); additional offshore entity
- Regulator tier
- Tier 2
- Register entry
- Belize FSC register
- Client money segregated
- Yes
- Held at
- Regulated financial institutions; specific bank not prominently disclosed
- Negative balance protection
- Yes
- Compensation scheme
- No statutory investor compensation scheme for international clients
- Audited by
- Independent external auditors
- Not available to
- United States, Canada, EU residents on the global entity, and other jurisdictions where services are prohibited
A licence is the first thing a fake broker cannot produce, so it is the first thing to check.
Xtrade's licence is offshore (FSC). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.
The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.
An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.
Check the licence yourself: the FSCA list of regulated entities.
The company behind the brand
- Legal entity
- Xtrade International Ltd
- Company number
- Belize-registered company
- Headquarters
- Belize City, Belize
- Founded
- 2003
- Publicly listed
- No
- Parent company
- Independent
- Employees
- Approx. 100-500
- Also trades as
- Xtrade; XTrade
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, Visa Electron, Maestro, American Express, Discover, Diners, bank transfer, cryptocurrency transfer
- Withdrawal methods
- Original funding method, including cards, bank transfer and supported crypto methods
- Deposit time
- Cards/electronic methods generally fast; bank transfer several business days
- Withdrawal time
- Method-dependent
- Local payment methods
- Region-dependent
What it costs to trade
- Spread from
- 1.0 pip
- EUR/USD spread
- Approx. 2-5 pips depending on account/status
- GBP/USD spread
- Approx. 3-6 pips depending on account/status
- Commission
- $0
- All-in cost, EUR/USD
- Spread only
- Spread type
- Variable
- Overnight swap
- Overnight funding premium charged/credited depending on instrument and direction
- Inactivity fee
- Up to $50/month after prolonged inactivity
- Withdrawal fee
- Account/payment-method dependent
- Currency conversion
- Conversion spread/rate may apply
Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.
Spreads from 1.0 pip suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Xtrade lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Accounts
- Minimum deposit
- $100
- Account types
- Standard, Premium, Platinum, VIP, Demo
- Account currencies
- USD primarily, entity-dependent
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Entity-dependent
- Minimum trade size
- Instrument-dependent
- Time to open
- Typically a few minutes, subject to verification
Markets and execution
- Markets
- Forex, Shares, Indices, Commodities, ETFs, Bonds, Cryptocurrencies
- Currency pairs
- 50+
- Total instruments
- Hundreds
- Crypto CFDs
- Yes
- Maximum leverage
- 1:400
- Execution model
- Market maker / principal
- Execution speed
- Not publicly disclosed
- Order types
- Market, limit, stop-loss, take-profit and platform-specific orders
- Servers
- Global trading infrastructure
Leverage up to 1:400 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.
Xtrade covers forex, shares, indices, commodities, etfs, bonds, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.
Funding options: visa, mastercard, visa electron, maestro, american express, discover, diners, bank transfer, cryptocurrency transfer. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- Xtrade WebTrader, Xtrade Mobile
- Own platform
- Yes
- Mobile app
- Proprietary
- Browser trading
- Yes
- Automated trading
- No
- Copy trading
- No
- Indicators
- Integrated technical indicators and charting
- Third-party tools
- Trading signals and analytical tools
- API access
- No standard retail API
Xtrade offers Xtrade WebTrader, Xtrade Mobile. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.
Support and education
- Support hours
- Trading-week support
- Contact channels
- Live chat, email, phone, Help Centre
- Languages
- Multilingual
- Telephone
- N/A
- N/A
- Live chat response
- Instant live chat advertised
- Education
- Extensive: video courses, ebooks, trading education, glossary and market basics
- Research
- Financial news, trading signals, market analysis and educational market content
Information is regularly updated. Last compiled from Xtrade's own website on 26 August 2026.
Questions people ask about Xtrade
Is Xtrade a real registered company?
Yes. At Xtrade, the company you would be contracting with is Xtrade International Ltd, registered as Belize-registered company and based in Belize City, Belize. A registration number is checkable in the register of the country that issued it, and a broker that will not give you one is telling you something.
Is Xtrade regulated, and by whom?
Xtrade holds Belize FSC (4705379); South Africa FSCA (FSP 44681); additional offshore entity, which we grade as tier 2. A licence number is the part worth checking, because it is the thing a cloned site copies and the thing the regulator's register will not confirm.
Does Xtrade trade under any other names?
Xtrade also appears as Xtrade and XTrade. This matters when you are checking a licence or a warning list, because a search for one name will not always find what was published about another.