Xprestrade is a great gateway for CFD traders who are interested in FX and other popular markets. It offers competitive prices and strong security features. The broker has been in the industry for several years, accumulating an extensive experience along the way. Let’s take a look at it, and discuss it in greater detail.
This online broker introduces a unique trading platform that allows access to 1000+ assets, leading trading instruments, customized charts, live data feed, and plenty of other features traders may be interested in.
Additionally, the enhanced version of MetaTrader 4 comes as an additional platform of choice, ensuring diversity in terms of trading software, but without neglecting performance. With super-fast trade execution and trusted tools integrated, MT4 continues to be a leading platform for CFD trading around the world.
When talking about the trading products covered, the first thing to note is the ability to build a diversified portfolio. FX pairs are part of the list, with Xprestrade currently offering access to tens of different currency pairs, supplemented by competitive trading costs.
Other notable markets covered at the time of writing are stocks, indices, commodities, and cryptocurrencies, all of which are in demand by retail traders worldwide. Since its inception, the broker has constantly upgraded its asset index, offering new trading opportunities for customers.
To open a live trading account with Xprestrade, users need to follow a series of simple steps. As part of the process, they need to choose an account type (Classic, Silver, Gold, VIP, or Black), based on the features they desire and the amount of money they wish to deposit.
Right off the bat, this diverse account offering suggests that the broker aims to attract traders with different levels of expertise. It ensures access to educational features, low trading requirements, and regular market updates.
The minimum amount required per deposit is $250, regardless of whether you choose to make the payment via a credit/debit card, cryptocurrency, or wire transfer. When using a credit card, you can deposit in USD, EUR, CAD, JPY, CHF, AUD, and GBP. The same currencies, except for AUD, are also available for wire transfers.
Traders also need to be aware of the typical processing time for each of the payment solutions, but luckily, Xprestrade handles matters promptly. Credit card and crypto payments are processed immediately, while wire transfers can take up to 3-5 business days, depending on your country of residence and how fast banks can get the transaction done.
As a transparent broker, Xprestrade shares plenty of details regarding how withdrawals are processed as well. The same payment methods can be used for withdrawals and each request is reviewed by the company’s Financial Operations department.
Final thoughts on Xprestrade
Xprestrade deserves the attention it currently receives. The brand has certainly a lot to offer, and currently gets positive feedback from customers. It’s possible to trade FX CFDs and further diversify with other major asset classes, taking advantage of accurate execution, flexible costs, and the MT4, which is one of the most trusted platforms in the industry.