There are 39 different deposit methods available with XTrade.
Before making a deposit, you may want to consider also your withdrawal methods as you can only withdraw funds in the way you used for deposit with XTrade.
So if you made a deposit via bank wire transfer, you can only withdraw funds through bank wire transfer from XTrade trading account.
It is important to plan for deposit→Trade→Profit Withdrawal in your preferable way, so you don’t need to get charged for extra fees.
Account Verification before Deposit
With XTrade, you can start trading in a few minutes by signing up online.
The registration process won’t take a few minutes and you can deposit and reflect the deposit amount into your trading account instantly if you choose Credit/Debit card or Neteller etc as your payment method.
But one thing you need to be aware of is that you can not withdraw unless you have verified your trading account with required documents.
XTrade is a regulated broker and the broker requires a copy of Identification Document and a document to prove your address.
After submitting your documents to XTrade, the broker’s compliance team will assess the documents and approve, then finally you are authorized to withdraw your profits.
How to make a deposit
In order to make a deposit, you need to login to your account through online trading platform.
You can access to the online trading platform from the official website of XTrade.
After you logged in, you will find deposit options available with XTrade.
XTrade offers 39 different deposit methods. If you have any questions regarding payment, please contact XTrade’s support team.
XTrade does not charge you for deposits or withdrawals, but you may be charged from your payment providers directly.
Some popular deposit methods’ commissions are as follows:
- Bank Wire Transfer – More than 20 dollars in case of international transfer
- Credit/Debit Card – None
- Neteller/Skrill – 1%, up to 10 USD
Please note that the commissions are subject to change at anytime. You may need to contact your payment providers to find more details.
Please remember that you can only withdraw in the method you used for deposit with XTrade.
So if you have made a deposit through Neteller, your original fund and profit generated will be withdrawn only to the same account of Neteller.
In case, you have made a deposit through credit/debit card, you cannot withdraw more than you have deposited before, you may be able to select different withdrawal method.
Third Party Payment
XTrade is a regulated online Forex & CFD broker and the broker follows the rules by set by these financial regulators.
Just like other brokers, XTrade does not accept third payment to its trading accounts.
So you can only make a deposit from an account which has registered the same name of yours. Even your wife/husband or family cannot make a deposit instead of you.
Also if you have a corporate account, the trading account will only accept deposit from corporate bank(or other payment) account. A CEO cannot make a deposit from his/her personal account to his/her corporate account.