Xtrade binary scam
The maximum leverage level offered by Xtrade is 6:955, which is common for the FX market, yet it is considered a high ratio, because the higher the leverage, the greater the risk.
Xtrade Review - Forex Review By Brokers Scam
Never miss a trade with Xtrade’s powerful mobile platforms, available on iOS and Android. Access real-time charting, open and close positions and enjoy extensive trading tools. Trade from anywhere, at any time with full mobile functionality.
Xtrade Review - Is it scam or safe? - forexbrokerz
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT9 an MT5 platforms. Traders can start trading with as little as $65 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
I don 8767 t recommend anyone signs up with XTrade Binary because this is clearly another automated binary options software that 8767 s just trying to make a quick buck off of unsuspecting traders. The developers of this software are not traders in their own right, but just marketers looking to exploit the binary trading community.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
In addition to a regular account, Xtrade also offers all users a demo account , which enables risk-free trading in a virtual environment with a virtual sum of money. This feature is particularly important for new traders who have little or no experience in online trading. The demo account provides these traders a unique opportunity to test their skills in a risk-free environment. Customers can practice safe trading with virtual currency until they feel confident enough to start trading in a real environment.
Xtrade Group complies with international regulatory standards and also operates via units regulated in Australia (by ASIC) , Belize (by IFSC) and South Africa (by FSB). What is more, In July the broker joined Russia&rsquo s self-regulatory organization NAFD (former CRFIN) and said it will apply for a Russian license.
The first striking thing is the name Xtrade Binary, because Xtrade is a pretty big Forex broker, that used to be regulated. But according to our research Xtrade Binary has nothing to do with the real broker.
Another interesting realization that came upon us when researching into XTrade Binary would be the time date. As you can see in the image provided above, each of these traders have over 9,755 “trades placed” while Ali M has over 6,555 total trades placed. Well this is quite an amazing number of trades when compared to the origin of , since the website was created on June 6th, 7567. Meaning that the website hasn’t even been up a month and they are claiming that the system is placing between 687 to 788 trades per day? That is just ludicrous!
The reason we are told about the strategy and how these indicators play a part, is because the people behind the software aren 8767 t actually binary options traders.
XTrade is a leading CFD broker, and they provide a wide range of assets for investors to trade. They are offering CFD trading facilities on Indices, Commodities, Forex and Shares. Traders and investors can take advantage of the user friendly, web based trading platform. When placing orders, you have the ability to set a few other variables to capture profits and limit losses. They include the 8775 Close at profit 8776 , 8775 Close at loss 8776 and 8775 Buy when Rate is 8776 features.
The company offers users a wide range of professional charts and graphs for fundamental and technical analysis. Xtrade also sends users trading prompts on the newest changes in market trends. Based on these trading tools, the customers can make better decisions and improve their trading strategies.
Xtrade does not charge any fees for deposits and according to the information on its website, withdrawal requests take up to five business days to process. Delays beyond the company&rsquo s control might occur due to third party withdrawal payment methods.
When reviewing and comparing CFD and Forex brokers it is important to check that they are actually licensed to operate. The reason to trade with a licensed broker is that in the event that the broker becomes insolvent, your money is protected.
Do you want to know how Xtrade Binary really works? People who run it are affiliated with some brokers, they get paid for referring new depositors to these brokers.
The win rate statistic doesn 8767 t make a lot of sense to me. This software is advertised as a fully automated system but for some reason these traders all have different win rates. If they are all using the exact same automated trading system, they should all have the exact same win rate. Obviously, there would be differences in win rate based on when a trader started using the software but 7 of the traders have the exact same number of trades but there win rate and all time return on investment are both 65% different.
Trading binary options is a life long hobby turned career for me. Now my focus is on keeping the community honest. I am an avid user of binary options software so I understand how to diagnose and provide valuable insight. There are many dishonorable binary product developers on the internet, I have made it my duty to point you in the winning direction.
The company XTrade is one of the most stable companies in the international financial market. The company has been existing in the market for over ten years already, providing its brokerage services in trading shares, indices, goods, international currency and contracts for difference. The company offers favorable terms both for newcomers and experienced traders and implements numerous financial tools to enhance the trading conditions.
According to testimonials Xtrade Binary has a win ratio up to 95 percent, which is pretty big. And you can get it for free, so can you get rich with this trading program? No!