If you are looking for a trustworthy and reputable online broker, you might want to avoid XTRADE. In this blog post, I will share with you some of the reasons why XTRADE Broker is not reliable and why you should look for other alternatives.
XTRADE is a Cyprus-based broker that offers trading services in various financial instruments, such as forex, stocks, commodities, indices, and cryptocurrencies. However, despite its claims of being a regulated and secure broker, XTRADE has been involved in several controversies and complaints from its clients.
One of the main issues with XTRADE is its lack of transparency and honesty. XTRADE has been accused of manipulating its trading platform, charging hidden fees, providing misleading information, and refusing to process withdrawals. Many clients have reported that XTRADE has closed their accounts without any explanation or justification, and that they have lost their money as a result.
Another problem with XTRADE is its poor customer service and support. XTRADE has a reputation of being unresponsive, rude, and unprofessional when dealing with its clients’ queries and issues. Many clients have complained that XTRADE’s customer service agents are not helpful, knowledgeable, or courteous, and that they often ignore or dismiss their concerns.
XTRADE also has a low rating and a negative feedback on various online platforms and forums, such as Trustpilot, Forex Peace Army, Scam Broker Investigator, and others. These platforms allow users to share their experiences and opinions about different brokers, and XTRADE has received many negative reviews and warnings from its dissatisfied clients.
Therefore, based on these facts and evidence, I would not recommend XTRADE Broker to anyone who is looking for a reliable and trustworthy online broker. There are many other brokers that offer better services, features, security, and reputation than XTRADE. You should do your own research and due diligence before choosing a broker, and avoid XTRADE at all costs.
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