XTrade—A Visionary CFD Trading Company
InvestorEducation / Learn to Trade Aug 05, 2016 - 11:58 AM GMTToday many companies flood the trading market with offers. How is XTrade different to other companies? Why is their vision distinctive, and how can they make you a better trader? Keep on reading and you will find the answer to these questions.
A Different Way Of Trading—XTrade
Since money and credit were invented, there has been the urge to create new products, new instruments to trade with. One of these instruments are CFDs, or Contract For Differences. What are they? Basically the trader agrees on a contract with the broker and they settle the differences between the price they started with and the price they closed the contract with in cash. Something that characterises this company is that they don’t use Stamp Duty or Exchange charges. You can benefit from trading using leverage trading on margin. You will not need to lock up substantial amounts of funds to trade your portfolio of Indices, forex, Commodities, or Shares.
Another thing worth highlighting is that, unlike other firms, there are no fee charges or commissions at XTrade, with the only exception of an inactive account—that is if the account has had no trading for 3 months—in which case they would charge only $5 a month. But that’s completely understandable, isn't it? When it comes to adding funds or withdrawing money, there is a wide range of possibilities, depending on the currency you want to use.
Now, if you want to have a different company, with a different way of trading, you can not use a normal trading platform. This is the reason why they have developed their own online trading platform. That means that, to start with, you don’t need to download any program onto your computer because it is a web-based platform. It also means that there will be no incompatibilities with other hybrid platforms since this one is optimised for CFD trading. In order to give you more flexibility, you can acquire a free app from your app store. No matter whether you use Android, Windows Phone or iOS it will be sync with your web account and, thanks to cloud technology, will work across different devices.
Now you see why this is a different company, a visionary company with a different way of trading. As they claim on their website, part of their vision is to respect their customers, to be sensitive to their needs, earn their trust and to innovate while providing a protected environment to trade in. How do they do that?
Thinking Of You, Not Of Your Money
The worst feeling you can have is when you perceive that the person you are going to hire for whatever service is just going after your money.
So, if you were the owner of a trading firm, what would you do to prove to your customers that you want to earn their trust?
One of the things that XTrade does is endeavour to educate its customers. Think about it, if the customers in your community are good traders, they are going to benefit from the platform you have created and you will benefit from their benefit. It is a win-win situation, isn’t it?
This is the reason why you will find many resources on their website designed to train you as a trader. From an Education corner with video tutorials on how to use their tools, e-courses and e-books with guides to become a better trader, to a dedicated website XTrade-Academy with online courses to trade like a pro.
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