Xtrade offers cash rewards during registration and verification, instead of the typical deposit bonus, you do not need to deposit any funds or make any transactions to enjoy it。

Admittedly, with the emergence of new participants in the market, the competition between brokers has become more intense year by year.。In order to stand out, brokers have to offer their clients something special。Welcome bonus schemes are very popular nowadays, they usually attract more traders and build a good relationship with them on the basis of mutual rewards。

However, different bonus schemes are structured differently and follow different terms and conditions depending on the broker。They can also vary widely in value and how they are acquired, with some brokers potentially offering dozens of regular bonus events per month, while others offer special rewards only every once in a while.。So, if you want to get a great bonus, you should diligently research each bonus program and its terms and conditions。

In this article, we'll take a look at the Welcome Bonus package offered by Xtrade。Compared to other brokers, this bonus package is quite unique and suitable for any type of trader。Refer to below。

Introduction to Xtrade

Xtrade is a well-known online broker regulated by IFSC (No. 000281 / 194) and offers trading services for a variety of instruments, including CFDs for stocks, commodities, forex and indices。For more than a decade, the company has helped clients make informed trading decisions, access liquidity and manage risk based on their capabilities through sophisticated trading platforms available online and on mobile devices.。Today, the company operates in 25 countries around the world and provides 24 / 7 customer support。

Throughout its development, Xtrade has won various awards, further demonstrating its reputation and reliability.。Their mission is to meet the transaction needs of their customers, so the company has provided a lot of innovation in the past few years.。To further support customers, Xtrade offers a number of attractive bonus programs, as described below。

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XTrade Europe Ltd.Operated as an online CFD broker since 2010, affiliated with XTrade Group and through Offersfx.eu offers forex and contract for difference trading。The broker was formerly known as xtrade.eu, regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 108 / 10。

It is therefore subject to the regulatory requirements of the Markets in Financial Instruments Directive (MiFID II).。For non-European traders who open an account with XTrade, they will be approved by Xtrade International Ltd..Management, Xtrade International Ltd.is a Belize-based entity licensed by the Belize International Financial Services Commission。

As OffersFX, XTrade Europe Ltd.Emphasize that it provides customers with a rich choice of trading assets。From Forex to Cryptocurrencies, OffersFX manages to offer all of these services。The broker also offers interesting alternatives such as stocks, ETFs and bonds, which alone provides opportunities for traders and investors from different markets.。

Its unique advantages also include deep financial resources, fast and efficient withdrawal process, cutting-edge platform technology and global customer support.。

Following the launch of XTrade International, XTrade Europe no longer offers trading on the MetaTrader platform。The broker has its proprietary platform that enables traders to enter the market through Web-Trader with rich features and trading tools to ensure an optimized trading experience.。The platform can be used not only on the desktop, but also on mobile apps and tablets。

Trading conditions are not thoroughly explained as brokers do not offer selectable account types。Forex trading in XTrade offers a fixed spread of 2-5 pips without commission。

There are no clear details about maximum leverage and minimum deposits, however, XTrade Europe Ltd.It is explicitly mentioned that overnight trading positions are subject to a premium fee。

There is no charge for deposits and withdrawals and traders can choose from bank transfer, credit card, PayPal, Skrill and Neteller as payment methods。

Importantly, however, if a trader ignores their trading account in OffersFX for 3 months, there will be a $50 inactivity fee per month.。In addition, a $100 monthly hibernation maintenance fee is required for accounts that are inactive for one year or more。

For all the assets available to traders, OffersFX is not equipped with deep educational materials。Each trading instrument has a specific explanation, but the broker has no further content to educate traders about online trading in individual markets。

All in all, XTrade Europe Ltd.is a CySEC-regulated broker that offers multiple trading instruments, fixed spreads as the only trading commission, and does not meet the popular preferences of the MetaTrader platform。

However, XTrade Europe Ltd.Not very good at transparency and information sharing, and quite high fees for inactive accounts, at least the broker states that it does not require deposit and withdrawal commissions。

First Deposit Bonus

New accounts registered with Xtrade will receive a first deposit bonus。As the name suggests, this bonus will be distributed to eligible accounts after the customer's first deposit, and the bonus amount depends on the number of first deposits。So the higher the deposit, the more points you can get。The rules are as follows:

• Deposit $100 - $249 to get a 10% bonus of up to $25
  Deposit $250 - $499 to get a 25% bonus of up to $125
  Deposit $500 and above to receive a 50% bonus of up to $5000

The bonus is a credit type, which means it will be credited to the account and saved as a credit amount。In order to redeem the bonus, the customer must reach a certain cumulative Xpoints release within 30 days from the date when the first deposit bonus becomes an active bonus。In this case, the Xpoints release amount is the bonus amount multiplied by 10。If the target is reached within 30 days, the bonus will be immediately credited to the net account value。Otherwise, the bonus and accumulated Xpoints will expire。

Each account can only receive one bonus and will be issued after the first deposit is completed, and a family or an IP address can only receive one first deposit bonus。

How to get

1. Log in to the cash register of the Xtrade trading platform with your account credentials。
   Select "First Deposit Bonus" and click "Deposit"。
   Bonuses will be allocated immediately according to the amount of deposit。

Phone Validation Bonus

Customers who enter the SMS code to verify the phone number can get this bonus, so all you need to do is create a new account and register your phone number。You will receive $25, which will be automatically deposited upon successful completion of the process。Keep in mind that it can take up to 10 minutes for points to be reflected in your account。

The bonus is a cash type, so the amount can be used immediately for trading。To redeem the bonus, you need to reach 300 Xpoints in duration。If you want to withdraw the bonus, you need to reach the specified Xpoints to release the withdrawal amount。Only one bonus per account / phone number。

How to get

1. Log in to your trading account。
   Select Account Options and click Phone Verification。
   Enter a valid phone number and enter the code received via SMS。

Xtrade First Deal

Xtrade rewards traders who make their first trade, simply open a live trading account and start trading with the funds you have deposited。Profits can be kept in full; if they fail, the broker will refund cash bonuses up to $500 in lost amounts。This bonus is a very convenient way to make up for your losses, especially for novices and just starting a trading journey。

Account Validation Bonus

To protect your account from hackers and other malicious activities, it is highly recommended to verify your account by submitting the required documents to the broker。As a bonus, after completing the verification process and completing the first deposit, you will receive a 20% bonus of up to $1,000。Bonus for all deposits made within 48 hours of the first deposit, only within 14 days of the first deposit。

Account verification bonus is credit type。In order to redeem the bonus, you need to reach the released amount of Xpoints。Each account can only receive one bonus after completing the first deposit.。The bonus may take up to 2 working days to be deposited into the account after the submitted documents are approved。

How to get

1. Log in to your trading account。
   Make the first deposit。
   To submit documents, please click on the upload link provided on the web or mobile trading platform。
   • On the web platform, open the main menu and click on "Account" and "Account Verification"。
     On the mobile platform, open the main menu and select "Account Verification"。
2. Complete the registration form and submit the required documents。

How to collect Xpoints

Xpoints are obtained by trading, calculated based on trading volume and asset type, and Xpoints can be obtained by trading at least $1,000 per instrument。For example, if you open a EUR / USD position worth $100,000, you will get 100 Xpoints after closing the position, because every $1,000 trade amount is worth 1 Xpoint。

Each asset type contributes differently to the accumulation of Xpoints, so you may get different Xpoints by trading different tools。

In addition, Xpoints are used to release active bonuses for a specific period of time。If the release period has expired or the bonus is deleted or voided, the cumulative Xpoints for that bonus are also reset to zero。

Conclusion

When trading with Xtrade, you can expect a variety of reward programs, such as verifying your account or making your first trade, and you can also get a substantial bonus。This is unique because other brokers tend to only give bonuses after you deposit some money or trade some lots。

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Xtrade is a forex broker that connects counterparties with market-leading traditional trading of stocks, commodities, forex and index CFDs, providing round-the-clock support and world-class solutions to clients in more than 25 countries.。