FxGecko's top 100 forex brokers you can refer to for selection. If it is not in the top 100, you should pay special attention to the broker's main white label relationships and risk tips.
Today, I want to help you evaluate a Forex broker. Recently some investors have asked if this forex broker is legitimate and reliable.
The name of this broker is Xtrade, founded 15 years ago and ranked 794 in the world.
Currently, the forex broker Xtrade we searched for has registrations with 3 financial regulators, but CySEC Cyprus has lapsed and IFSC Belize has been revoked. This is a high risk signal, so beware!
FxGecko risk warning shows that Xtrade has 75 risks. Investors need to pay attention to the relevant risk alerts for this broker.
Xtrade has 5 MT4 servers.
The master white label relationship shows that Xtrade has 6 associated brokers. You need to pay attention to whether the associated brokers are running away. This is the business risk of the brokers and the past business history, which can be used as an important reference condition for selecting brokers. The broker relationship data comes from the data of MetaQuotes.
FxGecko has received 6 complaints about Xtrade forex broker so far.
Investing is risky. FxGecko recommends you to check broker information on FxGecko before investing and avoid high risk trading platforms.