X Trade Binary Option Broker

Table Xtrade
Maximum Trade $10,000
Minimum Trade $10
Minimum Deposit
Withdrawal Fees 50zl
Minimum Withdrawal
Bonus Welcome Bonus
Payout Up to 85%
Account Currencies PLN, USD and EUR
Currency Pairs EUR/USD, GBP/USD, USD/JPY
Tradeable Asset Forex , Indices and Commodities
Trading Platform MetaTrader4, X Mobile, xOption, xStation, xTab, SIDOMA8, MT4 WebAccess
Trading Instruments
Established 2005
Licenses CECEI (France), BaFIN (Germany), CONSOB (Italy), HFSA (Hungary), PFSA (Poland), FSA (Sweden), CNMV (Spain), CNVMR (Romania), AFM (Netherlands), CNB (Czech Republic), CMVM (Portugal), NBS (Slovakia) and CMC (Greece).
Location in 10 Countries
Regulation Status Well Regulated
Payment Methods Credit Card, Wire Transfers and CashU
Trading Platform  4/5
Website  4/5
Banking 3.5/5
Customer Service  4/5
Bonuses  4/5
Customer Experience 3.5/5
Overall Score 4.1/5
Assets 4.5/5
Withdrawal  4/5

xtbX Trade is a binary option broker which is licensed to operate within the European Union. The activities of the company are also being monitored by Polish Securities and Exchange Commission. The X Trade group history dates back to 2002 and from then they have continuously strived to develop successful relationship with their clients. They have been conferred with the Best in Class broker title in the Eastern Europe by the journal “Money Market” which is published by the company named “Calendar Media”. The company was founded in the year 2005 and is regulated by CECEI (France), BaFIN (Germany), CONSOB (Italy), HFSA (Hungary), PFSA (Poland), FSA (Sweden), CNMV (Spain), CNVMR (Romania), AFM (Netherlands), CNB (Czech Republic), CMVM (Portugal), NBS (Slovakia) and CMC (Greece).

XTrade binary option broker has its offices in 10 countries and hence is an international broker. They have a host of trading platforms like MT4 from Meta Quotes, XMobile by X Trade brokers, xOption, xStation, xTab, Sidoma8 by IDMSA and MT4 Web Access by MetaTraderWeb. With a host of trading platform to choose from, the traders are spoilt for choice. The binary option trading is completely web based and does not require downloading or installing any software. They have a host of binary options to trade in. They have an array of assets to trade in and are diversifies into forex, indices and commodities and does not include forex. They do not provide Touch option trading. Their website is available in 11 languages making it easy for the traders to understand.

It is very easy to open an account with X Trade and once the account is open they can have PLN, USD and EUR as the account currency. The minimum trade size with X trade is $10,000. They do not have any commission on forex trading, options and binary options. They have a commission of 0.08% to 0.25% on CFDs.  They have margin interest and no depositing fees. They have withdrawal fees of 50 zl. They have an excellent customer support service and the staffs are well trained to handle any query or issues related to binary option trading. The customer support service can be availed through manuals, forums, call back, newsletters, chat and phone. The customer support service is available for 24 hours and for 6 days. They also provide solution to your problems through emails and the response time for the email is 48 hours. They also provide personal managers so that the traders can handle their accounts better. They also accept orders through telephone. One can also request for email alerts and mobile alerts. They have a free demo account and hence the traders can easily look to open an account only when they are happy with the service provided. However, this demo account is available only for 15 days.

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