The brokerage center “Xltrade” prefers to remain undisclosed regarding information about itself. The company’s website does not contain details about its location (headquarters address and registration data are missing), nor are the creators and project leaders mentioned. Furthermore, there is no publication of any licenses confirming the legality of its operations.
The Russian version of the website xltrade.net is unavailable. The main page is in English.
The primary contact information includes a feedback form, contact phone, and email.
Xltrade Trading Conditions
Information on trading conditions is divided into different sections on the website, making it difficult to understand. The main stated advantages are displayed on the site’s main page:
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The ability to trade up to a million dollars.
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The ability to choose a trader style.
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Saving up to 90% of profits.
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Practically no restrictions.
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Weekly profit withdrawal.
Some of the claimed advantages require further explanation, which the company refuses to provide. It is recommended to review reviews about “Xltrade” to understand the broker’s operations.
Investors, regardless of experience, can receive funding and access various international exchanges. To secure capital, a trader must undergo an evaluation on the site. There is a trial period of 30 days where the user must demonstrate risk management.
After passing the checks, the client must pay a one-time registration fee. The amount depends on the desired funding volume.
Various options are available:
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1 million USD – $1590
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500,000 USD – $1390
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100,000 USD – $490
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50,000 USD – $390
The basic trading platform for real trading is MT4. Clients can trade various assets, including currency pairs, stocks, commodities, and cryptocurrencies.
The company takes a percentage of clients’ income (20%). Fund deductions occur automatically. Monthly reports are promised via email, along with the ability for quick fund withdrawal.
Account Funding and Withdrawal from “Xltrade”
No information is provided on money transfers. The list of supported payment systems is not published. Restrictions on deposit and withdrawal are not specified. There is also no specific information on transaction times, although fast fund withdrawal is promised. Commissions are not indicated.
Conclusion
The company’s main offer is to showcase trading skills, invest a certain amount to receive funding, and then start earning. In the absence of a license, this raises doubts. It is recommended to review reviews about Xltrade and consult with an expert before registering.
I recently had an experience with Xltrade that I feel compelled to share. While I appreciate the prompt response to my inquiries, I was disappointed with the overall lack of transparency and communication throughout the process. It would have been helpful to have more detailed information about the products and services being offered.
I believe that with some improvements in these areas, Xltrade has the potential to provide a more positive and seamless experience for its customers. I hope that this feedback is taken into consideration for future interactions. Thank you.