Xtrader365 does not provide any information about the owner of the site, it only shows the address of the office in Limassol, Cyprus. In addition, the broker does not disclose any information about the history of the project or the date of its creation. As for the domain, it was registered only in August 2023. Finally, the company does not provide services to citizens and residents of the US and several other countries.
How safe is this platform? Is it profitable to trade various assets here? We will analyze the capabilities of the terminal, legal aspects of the service, and make a conclusion about its reliability.
Trading Conditions
Xtrader365 offers a PC platform, mobile app, trade automation, and trades from anywhere. Trading assets – equities, forex, futures, NFT, crypto, commodities. The terminal has anti-slippage protection, features advanced charting, and four pending orders (Buy Limit, Sell Stop, Buy Stop and Buy Stop – exactly like that). The broker’s offer includes the possibility of partial closing events and lot sizes of 0.01.
You can choose a trading plan from the following options:
- Silver, from $500 to $5,000 – dairy market analytics, exclusive updates, dairy recommendations.
- Gold, from $5,000 to $7,000 – VIP support is additionally provided.
- Platinum, $7,000 to $10,000 – plus hedging of trades.
- VIP Club, over $10,000 – personal manager services are provided.
You can use EUR, USD, BTC, or GBP as an account currency. E-wallets, including cryptocurrency wallets, or bank cards are used for transactions.
You will not own the underlying assets when participating in CFDs on digital currencies. CFDs allow you to buy financial products that only replicate the performance of a crypto.
The administration of Xtrader365 promises trading education for newbies. The site lists account icons for three social media accounts – Twitter, Facebook, and Instagram, but they are not active. In addition, there is no actual phone number for contacting technical support, which the broker promises to provide to users around the clock.
I decided to go to another broker, with which I working in parallel, the withdrawal is fast, and everything is clear. I left an application for all the money for withdrawal and everything stopped at xtrader365.com. The broker could not say anything, I had to write an official appeal, consultants requested my data on all transactions (deposits/withdrawals), postponed the terms of consideration, and in the end, after more than 3 weeks, the broker wrote off from my account more than 1,000$, referring to the clause in the contract, where the service has the right to write off from the client a percentage of profitable transactions. Moreover, the company made the calculation according to an absolutely robber formula. As a result, I was not only unable to withdraw the remaining 1,000$, but my balance is now -1,200$. Never get in touch with this service, you will not be able to earn here, and if you try to leave the broker and return your deposit, you will be left in a minus.
AND I WAS PROMISED THE FIRST WITHDRAWAL WITHOUT INTEREST!!! KEEP IN MIND!!!
I came to xtrader365.com on the advice of a trader on social network!!!! I even think it's the same company! Those who safely drained my deposit, they are good, they know how to cheat, and the most brilliant STRATEGY to make money will not help you!!! The terminal at the first request for withdrawal abruptly broke down, I had to wait, but after unsuccessful attempts to withdraw funds, I had to give up the idea of returning stolen by these scammers!