WikiFX Visited Forex Broker xtrade in Australia

Broker: xtrade

Visited by: WikiFX team

Conclusion: the broker truly exists

On-spot investigation:

Regulatory information shows that trader xtrade's Australian office is located at ‘St Kilda Road Towers’, 1 Queens Road, MELBOURNE VIC 3004.

WikiFX survey team learned that ‘St Kilda Road Towers’ at Queens Road 1 is a 15-story business complex located in one of Melbourne's most prestigious commercial zones. It is accessible via all major arterial roads and a short walk from Melbourne CBD.

We drove to ‘St Kilda Road Towers’, which stood out among the nearby parks and golf courses. Entering the office building, we found our destination xtrade on the floor map. After we arrived at xtrade's office, we had a brief communication with the staff, who welcomed us and allowed us to film part of their work scene. Most of the company's staff were busily working at the time. We conclude that the office of xtrade in Australia truly exists.

About xtrade

Xtrade has more than 10 years of experience in the industry, providing financial trading services in stocks, commodities, forex and index CFDs. At xtrade, customer funds are isolated and protected in reputable credit institutions. Per investigation, xtrade holds MM license granted by ASIC and is fully qualified for forex brokerage business.

Conclusion

According to WikiFX App, the broker xtrade is currently in valid regulation holding MM license issued by ASIC, Rated at 7.48, xtrade has acceptable credibility. But as it has received several complaints in the past three months, investors still need to beware of the risks in choosing the broker.