XTrade is a trading platform that offers traditional trading through CFDs on Shares, Commodities, Forex, and Indices. It was formerly known as XFR Financial Limited which was established in 2003 and is headquartered in Cyprus.
Is XTrade A Legit Broker?
XTrade claims to be regulated by the Cyprus Securities and Exchange Commission. But as per our research, it is one of the brokers that has no license from any government regulatory agency that proves it to be a non-regulated broker. Hence, we do not suggest going for XTrade for trading purposes.
Is It Safe To Invest With XTrade?
XTrade claims to return a good profit on the initial investment of USD 100. But many negative reviews have been spotted against it which is evident enough to prove it a scam that does not provide any return. It is extremely risky to trust such a fraudulent organization.
How To Recover Your Money Scammed By XTrade?
If under any circumstances XTrade has scammed you, you can report it with any of our recommended funds recovery companies. They will help you to recover all your invested money back.