XTrade Reviews 356

The Xtrade Company is the worst online trading Company but they boast they are highly regulated and internationally licensed. But the fact is that they are a pack of hard core trained thieves who have taken special training as to how to cheat, steal, defraud and snub the innocent investors after looting. They have a Compliance department but they are complicit to the other thieves inside the Company who share the loot. If anyone complains to them about any employee; they will reply back without investigating and interrogating the inside thieves that after investigation, they find no fault on the part of their employees but it is the fault of the investor who exposed his money to highly speculative and volatile trading risks and incurred unfortunate losses.
My worst experience with two of this Company thieves in Cyprus, Mr.Kishore Daniel, the Account Manager and Mr.Vinay Kumar, Accountant, who stole my money Rs.13.25 lakhs (USD 13,000) plus my trading profit of USD 27,730 plus bonuses of USD 27,000 and after doing it, they falsified my account and obliterated the whole account which was showing my trading profit and bonuses. I am wondering why this Xrade Company is not blacklisted and their operations shut out and sealed and their employees put behind bars.

Pesima una manga de estafadores te solicitan siempre depositar y al momento de querer retirar fondos te tiran al tacho la cuenta haciendote invertir para que pierdas tus fondos nunca mas contestan ni te llaman, son unos estafadores no se les ocurra poner ni un peso.

J'ai subi des pressions de la part des gestionnaires de mon compte pour passer au niveau Gold, sous prétexte que c'était la seule façon d'autoriser un retrait important. Après avoir payé les frais de mise à niveau élevés, mon compte a été immédiatement bloqué pour « activité suspecte » et toute communication avec le site a cessé. J'ai tenté de contacter la police locale, mais celle-ci m'a expliqué qu'elle ne pouvait rien faire, la plateforme étant basée à l'étranger. J'ai alors transmis mes relevés de transactions et des captures d'écran à 𝑫𝒐𝒒𝒔𝒆, une société spécialisée dans le recouvrement de fonds, qui coordonne ses actions avec les autorités internationales et gouvernementales. Le processus de recouvrement a été complexe : j'ai dû fournir des traductions certifiées des reçus de dépôt, ce qui a nécessité la recherche d'un traducteur assermenté et a retardé le dépôt de plusieurs jours. L'ensemble de la procédure administrative a nécessité un délai d'attente de quatorze semaines pour satisfaire aux différentes exigences réglementaires. Suite à un audit forensique approfondi des journaux financiers de la plateforme, les fonds détournés ont été identifiés sur plusieurs comptes offshore. J'ai finalement reçu un avis de remboursement officiel m'informant que les biens avaient été récupérés suite à une décision de justice ordonnant leur confiscation. J'ai communiqué mes coordonnées bancaires aux autorités compétentes et le virement des fonds vers mon compte est en cours de préparation afin de régler le solde.

en mi caso particular considero no estoy en condiciones de operar en la pagina, pense qu epodria , pero me di cuenta que no es lo qu e quiero, por lo tanto no soy quien para opinar. saludos cordiales.

My withdrawal has been blocked for over a month now because of a card verification issue. The platform insists I must use a card ending in 1108, but I no longer have access to it as the associated bank account was permanently closed some time ago.
Despite contacting customer support multiple times, clearly explaining the situation, and providing proof of the bank account closure, I have not received any practical solution. Support continues to redirect me to an “account manager” that I do not have, and they have confirmed they cannot proceed without one.
As a result, my funds remain completely inaccessible. I have already lodged a formal complaint with TrueValueClaim•net and hope this matter is resolved quickly and fairly.

they never give you withdrawal stop investing in this site

I previously warned about XTRADE’s fraudulent practices. Today I have received their final response (9 April 2026), and I want every potential victim to see exactly how this company operates.

What XTRADE did to me:

Approached me unsolicited with promises of “guaranteed high returns.”

After a small fake “success” to build trust, their agents (Igor Iserman, Mateo, and Michael Harris) pressured me daily to deposit larger sums

They claimed additional deposits would “reopen closed trades” – a technical impossibility on any legitimate platform

They admitted to using “wrong assumptions” on my trades, then demanded more money to “recover” those fabricated losses

They extracted a total of R108,493.95 from me between September and October 2025

What XTRADE offered:
After months of complaints, they offered me USD 1,000 (approx. R16,898) – less than 16% of what they stole – as a “goodwill gesture” with no admission of liability. I rejected it.

What XTRADE says now (verbatim from their email of 9 April 2026):

“Please be advised that this remains our final position on this matter, and we consider the case closed from our side.”

That is correct. They have closed the case without refunding the remaining R91,595.95. They keep my money. They admit no wrongdoing. And they expect me to go away.

Why this matters to you:
If you are considering XTRADE, know this: they will promise you guaranteed returns, pressure you to deposit more, then blame “market risk” when you lose everything. Their platform is a simulation – real brokers cannot “reopen” closed trades. Their agents will harass you with “Christmas presents” and “bonuses” to lure you back.

I have reported XTRADE to the South African Police Service, the FSCA, and Interpol. I am also posting daily on social media until I receive my full refund.

My demand remains:
Pay me back R108,493.95 in full. Not USD 1,000. Not a “gesture”. My entire stolen amount.

Until then, I will keep updating this review and every other public platform. Potential victims deserve the truth.

Date of experience: September – October 2025
Amount stolen: R108,493.95
Final offer from XTRADE: USD 1,000 (rejected)
Current status: Case closed by XTRADE without full refund

Everything is wrong and proves that Xtrade is all fraud by people who called me to invest

Mere sath fraud kiya hai, ye team bekar hai specially Daniyal manager jisne jaanbujkar mera withdrawal cancell kiya or Mera pura balance 10 min m khali kiya
I have no trust anyone of this team and company

I'm writing about my unfortunate experience with Xtrade. I invested expecting support, but my account manager was unresponsive and didn't provide any assistance. I was left to manage on my own, and my account balance eventually hit zero. The lack of communication and guidance was frustrating. I expected more proactive support, especially given the nature of investments. Hopefully, Xtrade can improve its customer service and support for future clients.

Since November/04/2025 a man named Joaquin Gomez contacted me on my phone stating he was working for Xtrade and that he already was doing business with a friend of mine who lives in Costa Rica he called me insisting that investing with them was the best decision he kept calling....finally he said I should started with $50.000 USD the Maximum investing they have in their platform scale I was waiting X more information or any kind of orientation as he said...never received anything but at the same time he started to work my platform without my consent obviously he had access to my account and he stared to invest without my knowledge. At the same time he said I have to submit credentials from my nativecountry not as a US resident,
without those credentials I wouldn't be able to invest and received any profit a. I remember telling him not feeling comfortable and that I wanted to withdraw he immediately replied that wasn't possible since they already applied $60,000. BONUS!!!! A$60,000. BONUS????? Why? How??? You asked me for $50,000 that's the maximum amount in the scale of investment and that bonus was not necessary he replied that it was necessary to have the account financially supported....meanwhile I hadn't submitted the credentials from my native country in which it's in the list of countries they accept to do business and that finally allows me to registered and become a member/customer.....to make this story short he played with my money and .the bonus and if I ever participated o enter anything or bid anything it was under his commands. He dissappeared for few days and because he said I needed to put more money When I tell him that was impossible he got very upset and ghosted me out....I tried to contact him though his "email and " the support team"...he contacted me trough was Up but I was never able to contact him back...he said " they were trying to resolve some technical problems
...I realized later that was bogus. I finally submitted my credentials around November 28/2025 then I received an account number. But he was already playing the money he has no right to be investing. I have proof of that. He dissappeared since months I been working myself the platform and was able to bring it up to almost $54,000 USD. workingthe platform buying small amounts of stocks...I realized This man Joaquin opened up many of them at the same time and that's the way he lost the $60,00 he lost because he went in my account he knew my password...now he said I owe Xtrade $60.000 from the "bonus they contribute ...a woman named Isabel contacted me telling she was calling me to help out buthe dissappeared too. I still have access to my account but last Thursday I have a capital of almost $54,000 but when I opened the account on friday march/27/26 they took away $20,000 USD dollars. And up to today I never got or was able to withdraw any profit . This man never guide me or instructed to do so...wonder why?...If you make the addition put together my $50,000 + $60 000 bonus he claimed he add as a financial support......kind of support I never asked ....I'm in my 60's that's hard money earned. Just wanted a decent retirement and the opportunity to be free off debts...money I didn't take it or make it in a fraudulent way . The right procedure needs to be done.

Xtrade is a fraud , I am very disappointed right now, no help by xtrade team , xtrade team manager Mr Kishore denial was talk to me in very very bad languages , and do pressurize me for depositing more and more money , I want widthrowel my money but no anyone call receive by xtrade team , Mr. vinay whose are my trade manager , after trade losses not contacting me or no reply of my calls /msgs . If xtrade is a transparent brocker co.then resolve my issue's

Nada buena.

I am not getting any calls from my assistance

Changing mentors everytime,reduces trustang trying so hard to convince e to add on my investment ,while stating the main reason of not having more money

I HA BEEN CHEATED. TWOPEOPLE PF YOURS ONE DHANUH AND COMINIC BOTH HACKED MY BANK APP AND GT THE OTP AND TRANSFERRED 3,35 LAC INDIAN RUPEES T YOUR ACCOUNT. T JUSTFY IT THEY HAVE BOUGHT SILVER(WHIH I DID NOT AUTHRS) AN SOLD ND HOWED A LOSS OFD 3,150 USD MORE OR LES EQUIVLNT TO THE MONEY STOLEN FROM MY BANK, WHY LL THI, HOW CN POPLE TRUST UR COMPANY

Los expertos en Traders y de operaciones en bolsa de X TRADER tuvieron una pésima guía para una persona que tenía poca experiencia en el tema.!!!
Ellos siempre me recomendaron en que invertir y cuánto invertir y al final solamente pérdidas cosechamos.!!!
Sin duda una pésima experiencia y con muy malos asesores.!!

El coach que me asignaron me contactó una sóla vez y como yo no quise aumentar mi depósito no me llamó más. Perdí USD 200

Paid 24000 rs and nothing more . Tried to contact but in vain. Loss of money tension and wasted time . How long are you going to fool people like this?

Limited help , made me loss all my money. Your a beginner and you need that extra help , it wasn't there.