Learn how to get a 50% first deposit bonus on Xtrade. This bonus can give you a significant advantage in the forex market, as you will have more money to trade with.
In the fast-paced world of online trading, every opportunity to maximize your gains and minimize your risks counts. Introducing a limited-time offer that could change how you approach trading - the 50% First Deposit Bonus by Xtrade. It's time to revolutionize your trading journey and elevate your potential with a bonus that requires nothing more than verifying your account.
Before delving into the details, it's essential to comprehend what the First Deposit Bonus on Xtrade entails. This bonus is a promotional offer to reward new traders for their initial investment. When you make your first deposit into your Xtrade trading account, you can receive a bonus equal to 50% of that deposit amount, significantly boosting your trading capital from the get-go.
To be able to get a 50% First Deposit at Xtrade, several steps must be followed, including:
- Create a new account on Xtrade.
- Verify account.
- Deposit at least $100.
Whether you're an experienced trader looking to diversify your portfolio or a newcomer eager to dip your toes into the world of financial markets, the 50% First Deposit Bonus by Xtrade is designed for everyone. Take advantage of this offer right now.
Where to Find the Information on the Official Broker Site?
- This information is reported per Aug 16 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore Xtrade homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Claim Xtrade's First Deposit Bonus
To get the 50% First Deposit Bonus, you will need to:
1. Create a New Account on Xtrade
The first thing you need to do is create a new account on Xtrade's website. You can follow these steps:
- Go to the Xtrade website and click the "Create Account" button.
- Enter your email address and password.
- Select your country of residence.
- Provide your personal information, including your full name, date of birth, and address.
- Upload a copy of your government-issued ID.
- Click on the "Create Account" button.
Once your account has been created, you must verify your email address and identity.
2. Verify Your Account
You can do this by clicking on the link in the verification email that Xtrade sends you or by uploading a copy of your government-issued ID.
After your account has been verified, you will be able to deposit funds and start trading. Xtrade offers a variety of trading platforms, including a web-based platform, a mobile app, and a desktop app. You can choose the platform that best suits your needs.
3. Make a Deposit
To be eligible for the Xtrade 50% First Deposit Bonus, you must make a minimum deposit of $100 into your Xtrade account. This deposit can be made through various methods, including bank transfer, wire transfer, or credit card.
Your account will be activated once your deposit has been made, and you can start trading. The minimum deposit requirement of $100 is relatively low, making Xtrade a good option for investors just starting.
Claimable Bonus Details
The bonus is allocated according to the deposit made in the following volumes:
|First Deposit Amount||Bonus Level||Get Up To|
Once you have met all the requirements, the 50% bonus will be credited to your account within 24 hours. You can then use the bonus to trade any instruments Xtrade offers, including forex, CFDs, indices, commodities, and stocks.
Operating as an online CFDs broker since 2010, XTrade Europe Ltd. is a part of XTrade Group and provides trading in FX and CFDs as offersfx.eu. Previously known as xtrade.eu, this broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 108/10.
Therefore, it is subject to the regulatory requirements of the Markets in Financial Instruments Directive (MiFID II). For non-European traders opening an account in XTrade, they will be managed by Xtrade International Ltd., a Belize-based entity that is licensed by the International Financial Services Commission in Belize.
As OffersFX, XTrade Europe Ltd. accentuates its rich options of trading assets for clients. From Forex to cryptocurrencies, OffersFX manages to offer them all. The broker also presents interesting alternatives like Shares, ETFs, and Bonds. This alone has opened opportunities to traders and investors from various markets.
Several attributes claimed as their distinctive advantages including strong financial resources, quick and efficient withdrawal process, cutting-edge platform technology, and worldwide customer support.
Following XTrade International's offering, XTrade Europe does not provide trading with the highly popular MetaTrader platform. This broker has its proprietary platform that enables traders to access the market via Web-Trader with a rich set of features and trading tools to ensure an optimized trading experience. Said platform is not only available on the desktop, but also in mobile app and tablets.
Trading conditions are not explained thoroughly, as the broker does not offer selectable account types. Forex trading in XTrade is presented with Fixed Spread from 2-5 pips with no commission.
There are no clear details of information on the maximum leverage and minimum deposit. However, XTrade Europe Ltd. mentions explicitly that there are premium charges for overnight trading positions.
There are no fees charged for deposit and withdrawal, and traders can choose between bank transfer, credit card, PayPal, Skrill, and Neteller as the payment method.
However, it is important to acknowledge that there is an inactivity fee of up to $50 per month if a trader somehow neglects their trading account in OffersFX for 3 months. Also, there is a dormant maintenance fee up to $100 per month for accounts that have been inactive for one year or more.
For all of the assets provided to traders, OffersFX does not exactly equip them with profound education materials. There are explanations dedicated to each trading instrument, but the broker has no further contents to educate traders about online trading in various markets.
To sum up, XTrade Europe Ltd. is a CySEC-regulated broker with many trading instruments to offer. It is a distinctive company in the way it offers Fixed Spread as the sole trading commissions to traders and does not comply with mass preference in the MetaTrader platform.
Unfortunately, XTrade Europe Ltd. is not too great on transparency and information sharing, as well as charges a quite big amount of fees for inactive accounts. Well, at least the broker states that it does not require deposit and withdrawal commissions.
Terms and Conditions for Xtrade's First Deposit Bonus
Here are some of the key terms and conditions of the Xtrade First Deposit Bonus:
- The bonus is available only once per account and only after the completion of your deposit. This means you can only claim the bonus once and must have made a deposit before claiming it.
- To redeem your bonus, you must reach a release volume of XPoints. This means you must trade a particular volume of XPoints before withdrawing your bonus funds. The broker typically sets the release volume, which can vary depending on the bonus amount.
- Xtrade reserves the right to refuse or reject a registration. The broker may do this for various reasons, such as if you are from a restricted country or have a history of fraud.
- The bonus is available for all deposits made 48 hours after your first deposit. If you deposit on Monday, you will be eligible for a bonus if you make another deposit on Tuesday or Wednesday. The bonus will not be available should you make your second deposit on Thursday or later.
- The bonus assigned will take up to 2 business days upon approval of your submitted documents to be accessible. This means it may take up to 2 business days for the bonus to be added to your account after your documents have been approved. Xtrade must verify your identity and residency before releasing the bonus.
- The bonus offer is limited to 14 days after your first deposit. If you do not claim the bonus within 14 days, it will expire, and you will not be eligible to receive it.
- The maximum bonus is up to $5000. This means that the highest bonus money you can receive is $5000 even if your deposit is more than $10,000.
Why Should You Seize This Opportunity?
There are many benefits to joining the 50% first deposit bonus at Xtrade. Here are a few of the most notable benefits:
- You can boost your trading account by up to 50%. This means that if you deposit $1000, you will get a bonus of $500, giving you a total trading balance of $1500. This can give you a significant advantage in the forex market as you will have more money to trade with.
- You can get a head start in the forex market. The forex market is volatile, and profit cannot be easy if you are just starting. The 50% first deposit bonus can give you a head start by giving you more money to trade with.
- The bonus money is risk-free as you do not have to pay it back if you lose money.
- You can get a feel of the Xtrade platform. The 50% first deposit bonus is a great way to try out the Xtrade platform and see if it fits you well. If you are unhappy with the platform, you can withdraw your money and bonus without penalty.
Xtrade's 50% First Deposit Bonus is not just a financial incentive; it's an invitation to embark on a transformative journey in the trading world. This offer is a testament to Xtrade's commitment to empowering traders of all backgrounds, providing them with a risk-free platform to unleash their trading potential.
Xtrade, a leading name in online trading, has always been at the forefront of innovation, providing traders with cutting-edge tools and platforms to navigate the global markets. They're taking it further by offering a risk-free opportunity to kickstart your trading adventure.