✔️ Information reviewed and updated in April 2024 by Eduardo López

IS Xtrade RELIABLE? OPINIONS

In this post I will analyze Xtrade.Is the Xtrade broker (also known as xtrade.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Xtrade is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyXtrade International Ltd
???? DirectionNot mentioned
📄 RegistrationBelize
🛡️ RegulapainIFSC
️ ️ Phone+44 203 8074001
📧 Email[email protected]
🌐 Websitextrade.com – xtrade.net
???? Live ChatYes
Company typeForex, Bonds, ETFs and CFDs

📞 LIST OF PHONE NUMBERS:

+44 203 8074001


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the account types that Xtrade offers; They are divided into 4 accounts. Here is a table with a little more information about minimum deposits by account type.

account typeMINIMUM INITIAL DEPOSIT
Standard Account$250
Premium account$1.000
Platinum Account$5.000
VIP account$20.000

🌐 WEBSITE – WEBSITE:

Below you can see the company's website:

Xtrade website

When analyzing the Xtrade website we can notice that they offer educational resources, information about the different types of account, explanation of the products where the capital is invested, location of the company and means of contact.

It does make me a little nervous that they mention its regulation and it is a very insecure regulation.

Another unfavorable point is the location: it is in a very unsafe place, be very careful!


⭐ Xtrade OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company is located in an unsafe place.

2) It has a very bad regulation.

3) The company does not have seniority, it is a company without a track record.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

“To be honest with you, I would not invest in this type of company, it has many points against it, I do not recommend it. Everything seen indicates that Xtrade is not reliable and it is a very unsafe company.”


💬 USER REVIEWS:

I have found various negative reviews, complaints, complaints and negative feedback about Xtrade. I honestly think they are a very unsafe option. In addition to this, you can find more comments and opinions from users and clients of the company at the end of this review.

Are you an Xtrade customer? Do you have something to tell me about them? I invite you to leave your opinion too!


📣 LATEST UPDATES:

1)May 2022 update: SFC, Hong Kong's financial regulator, has reported Xtrade due to fraudulent activities.

2)  September 2022 update: according to messages we have received, XTrade is linked to invest100We suggest extreme caution.

3) September 2022 update: according to messages received from a former worker, the alleged owner of Xtrade is “Lucio Blatman” and that Xtrade is located in Montevideo, Uruguay..


✔️ CLAIM MONEY FROM Xtrade:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can claim your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Xtrade:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Xtrade?

Xtrade is an investment company in Forex, Bonds, ETFs and CFDs.

Is Xtrade a scam – is it scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Xtrade reliable?

Xtrade is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Xtrade?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

How to close my account with Xtrade?

If you want to close your account write an email requesting it to the company's support email.

How to know if Xtrade is regulated?

It is a company regulated by IFSC which I consider as a very unserious and safe regulation, be careful.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.

Do you have any other doubts or questions?

Leave me a comment on this review, if you scroll down, at the end of the review you will find the comments section. Leave me a comment with your question and we will answer you as soon as possible.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (1 vote)

4 comments on «IS Xtrade RELIABLE? OPINIONS»

  1. Chekhanovieski compulsive swindler Reply

    The director of XTRADE is the Uruguayan Jew Alejandro Chejanovieski, he is one of those in charge of the xtrade scam BE CAREFUL HE IS A THIEF!!! XTRADE IS A SCAM!!

    If you go to his linkedin profile https://www.linkedin.com/in/alejandro-chejanovieski-6313b056/?originalSubdomain=ar does not hide it:

    “I have 6 years of experience in the financial industry, especially working in CFD brokers.

    I have worked for two companies in the field, both focused on the Latin American market.

    In one of them I have been Office Director and Retention Manager, and in the other company I have been General Manager.

    In both cases, I was present from the very beginning, that is, from the assembly of the office, to its full development, getting involved in all the corresponding departments (documents, risk, commercial area, compliance, etc.).

    I have good skills to lead teams, focusing them on meeting goals and objectives.

    I have a good capacity for resilience, necessary in everything related to sales and team management, as well as high perseverance and focus on the objectives set.

    I have had the opportunity to define the development and future steps that organizations could take, always trying to take them to the next level, not only in economic results, but also in terms of human capital and labor efficiency.

    I have six years experience in the CFD industry working for two international brokers for the Latin American market (Spanish and Portuguese).

    As General Manager, in one of the companies, I had the opportunity to develop all the different departments starting from scratch like sales, retention, documents, risk, withdrawals, compliance, etc.

    I am very focused on targets and results.

    I have enough resilience, perseverance, knowledge and passion to make things happen.

    “I know how to grow a business combining technical and human skills.”

    Look what he puts in his experience!!: “Experience General Manager Invest100 · Full time” – “Retention Manager Latin America Xtrade · Full time”

    He claims to be an expert in finance, rather an expert in scams. Soon my lawyers and I are going to see your face scammers. You're going to end up a scammer prisoner. You stole thousands of dollars from me let's see if you're so brave when we see each other's faces. ROBBER.

    • reliableforexbroker.com Reply

      Hello, excellent information, Xtrade is a SCAM, we have received many complaints from investors, for not return the moneyshould never be invested in a broker that does not have REGULATION.

      They create a lot of positive comments about themselves that are LIES!, they want to confuse investors and pass themselves off as a legal company but it's all a lie! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).

      When you want to withdraw your capital or your benefits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not realThey try to take more money from you.

      If you would like to recover the money you can do it from the CHAT from our website or from this link: Get your money back, we are with you

      Greetings.

  2. Joaquin Cervera Reply

    They scammed me from this broker, they took my savings and those of my family, they are manipulators and lie to get more money, I don't know why they don't close them and put these bastards in jail!!!!

    • reliableforexbroker.com Reply

      Hi Joaquin, this broker called Xtrade is a SCAM, many investors have sued Xtrade for fraudulent activities, it is not advisable to invest money in an UNREGULATED brokeror with a regulation as poor as that of Belize. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

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