Belize is the registered location of the company or you may say that the broker is Belize based. The company has been serving clients worldwide for more than fifteen years and hence expanded to over 12 countries. In this way, they are more comfortable reaching clients with complaints. The company prioritizes European clients more than all the other clients across the globe. Based on the benefits it offers, the investor may find it an interesting option to go with.
Advantages and Disadvantages of x trade broker
When deciding on the right broker, you should verify the details like the pros and cons explained respectively to the broker. Sometimes, they are too exaggerated. You should not trust the review based on the exceptional advantages of a platform. The x trade brokers are benefitting the traders in the following ways;
- You don’t need to make large deposits to start trading and hence only one dollar investment can help you start your trading career.
- The broker facilitates the users by providing access to a wide variety of trading assets.
- The broker is officially located in twelve countries and hence you can easily report your claims to the nearby offices in your country.
There are some disadvantages associated with this broker as well. These disadvantages are not something bad for the traders but it indicates the lacking features of the platform that usually a trader wants.
- Your demo account is functional for 4 weeks only.
- If you intend to take advantage of analytical tools, you should understand English as no other language is supported.
- The broker doesn’t offer PAMM accounts.
- The company favors clients from Europe more than others.
Short review of the trading platform features
If you are interested in trying the forex market, then this company may offer you standard financial services. By accessing their extensive range of trading instruments, you can make profits but unfortunately, there is no PAMM account feature available. You may find one thing bad here, you cannot avail educational content in any language other than English. Moreover, the demo account life is short as well – only 4 weeks.
Trading platforms that the broker offers are;
- MetaTrader 4
- xStation 5
If you like using mobile applications, then you may also install their mobile version to access the trading features from any location and anytime.
Other helpful features of the broker are;
- News Feed: In this bad financial market situation, you need to stay updated on the latest market news. The market news section has everything you need.
- Training Courses: You may not be an expert in all aspects so you require training sessions. The training material available on the platform may help you learn new strategies.
- Trading Calendar: If you want to track multiple countries’ economies, you can check out the trading calendar section.
If you belong to an Islamic country and want to trade while complying with Sharia laws, you can swap your account with an Islamic account.
Trade at the platform using any of the strategies available. Moreover, your order can be long-term as there is no minimum duration limit. So, learn forex trading and join the best platform to start a trading career.