XTrade
XTrade is a privately held Belize-based retail CFD broker operating since 2003, offering leveraged trading across 700+ instruments in 7 asset classes through a proprietary WebTrader platform and mobile apps to 140,000+ active retail users across 18+ countries.
- Company typePrivate
- Founded2003
- HeadquartersBelize City, Belize
- Headcount251–500
- GTM typeB2C
- OfferingServices
What XTrade does
XTrade is a privately held retail Contracts for Difference (CFD) broker founded in 2003 and headquartered in Belize City, Belize, operating under a multi-jurisdictional offshore structure. The firm offers a proprietary multi-asset trading platform providing access to more than 700 instruments across seven asset classes — forex, shares, commodities, cryptocurrencies, ETFs, bonds, and indices — with leverage of up to 400:1 on forex and 20:1 on share CFDs. Distribution is delivered through a browser-based WebTrader, native iOS and Android mobile applications, and an InstantInvest three-step execution flow designed to lower the barrier to first trade.
The business model is a pure spread-and-financing brokerage: revenue is generated from bid-ask spreads on CFD trades (reported as low as 5 pips on EUR/USD) plus overnight financing charges on positions held beyond 24 hours, with no commissions or account-opening fees. The platform operates on a direct-to-consumer, product-led growth motion — $0 self-serve registration, freemium onboarding, an embedded education library (video courses, e-books, market analysis, signals, webinars), and localization across 24 languages spanning 18+ countries in MENA, LATAM, Africa, Asia-Pacific, and non-EU Europe. A separate European site redirect is used to manage EU-resident regulatory scope.
Customer base is reported at approximately 140,000+ active users with no disclosed institutional or anchor accounts, and revenue concentration risk sits at the geographic and regulatory level rather than the individual-client level. The firm is led by CEO Iftach Yerucham and employs between 251 and 500 people. No revenue, funding, ownership, or M&A data is publicly disclosed in the source material, and the firm does not hold any major top-tier (FCA/ASIC/CySEC) brokerage license evidenced in the input.
XTrade firmographics
Firmographics- Name
- XTrade
- Legal name
- XTrade
- Website
- https://xtrade.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- XTrade is a privately held Belize-based retail CFD broker operating since 2003, offering leveraged trading across 700+ instruments in 7 asset classes through a proprietary WebTrader platform and mobile apps to 140,000+ active retail users across 18+ countries.
- Ownership category
- akta.pro rank
XTrade industry classification
Industry- Product category
- Retail CFD Online Trading Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Retail FX/CFD Broker Trading Venues (FSAFADAD)
- akta.pro secondary industry
- Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL)
Keywords
Where XTrade is headquartered
LocationHeadquarters
- HQ city
- Belize City
- HQ country
- Belize
Markets served
XTrade business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- CFD Trading Spreads: XTrade generates revenue primarily through the bid-ask spread on CFD trades. The platform offers trading across forex, shares, commodities, indices, cryptocurrencies, ETFs, and bonds. As stated, 'the transaction cost to the trader for this operation is merely the bid-ask spread.' For forex EUR/USD, spreads are typically around 5 pips.
- Overnight Financing Fees: Positions held open for more than 24 hours incur financing charges. As noted: 'A small fee is associated with holding positions over 24 hours' and 'overnight financing' charges apply for rolling positions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Registration |
| Transaction based/ take rate | Pay-as-you-go | CFD Trading |
| Usage-based | Pay-as-you-go | Overnight Positions |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
XTrade product offering
Product offeringCore offering
XTrade is an online Contracts for Difference (CFD) broker providing retail traders with leveraged access to over 700 instruments across seven asset classes — forex, shares, commodities, cryptocurrencies, ETFs, bonds, and indices — through its proprietary WebTrader platform and native iOS and Android mobile apps. The company monetizes trades through bid-ask spreads and overnight financing fees on positions held beyond 24 hours.
Product overview
XTrade is an online CFD (Contracts for Difference) broker offering a multi-asset trading platform with WebTrader as the core web-based trading platform, complemented by native Android and iOS mobile applications. The company provides access to over 700 trading instruments across 7 asset classes: Forex, Shares (stocks), Commodities, Cryptocurrencies, ETFs, Bonds, and Indices. Supporting the core trading products, XTrade offers educational resources including Video Courses, E-books, Market Analysis, Financial News, and Trading Tools such as Economic Calendar, Calculators, and Signals. The platform emphasizes leverage trading with up to 400:1 for forex and 20:1 for shares, enabling traders to gain exposure without owning the underlying assets.
Differentiator
Problem solved
Functional benefit
Brands
- WebTrader: XTrade's proprietary online trading platform for web-based trading.
- XTrade Mobile App
Products and services
- XTrade WebTrader Award-winning, browser-based proprietary trading platform that gives retail traders one-click trade execution, real-time market data, and integrated charting across forex, shares, commodities, cryptocurrencies, ETFs, bonds, and indices.
- XTrade iOS App Native iOS trading application for iPhone and iPad offering real-time charting, open-position monitoring, take-profit settings, and access to global CFD markets.
- XTrade Android App Native Android trading application for smartphones and tablets providing real-time charting, position monitoring, take-profit level settings, and full access to global CFD markets.
- Forex CFD Trading CFD trading of currency pairs — including major, minor, and exotic forex pairs — with leverage up to 400:1, enabling retail traders to take long or short positions without owning the underlying currency.
- Shares CFD Trading CFD trading of international equities from exchanges including NASDAQ, NYSE, LSE, Deutsche Börse, TSE, JSE, and others, with 20:1 leverage (5% initial margin) and the ability to go long or short.
- Commodities CFD Trading CFD trading of commodity instruments including precious metals (e.g., gold, silver), energy products, and agricultural commodities, available with leverage through the XTrade platform.
- Cryptocurrencies CFD Trading CFD trading of cryptocurrency assets including Bitcoin and other major digital currencies, providing leveraged exposure without requiring ownership of the underlying digital asset.
- ETFs CFD Trading CFD trading of Exchange-Traded Funds that provide exposure to baskets of underlying securities, available with leverage on the XTrade platform.
- Bonds CFD Trading CFD trading of bond instruments from various issuers and maturities, enabling retail traders to take leveraged bond exposure on the XTrade platform.
- Indices CFD Trading CFD trading of major global stock market indices from exchanges worldwide, enabling retail traders to take leveraged long or short positions on broad market benchmarks.
Quantifiable outcome
- Access to 700+ trading instruments across 7 asset classes
- +3 more outcomes
Companies that use XTrade
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
XTrade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
XTrade partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TradingViewsupportingTradingView is listed as a partner with its logo displayed in the website footer. TradingView provides charting and market analysis capabilities integrated with the XTrade platform, enhancing the trading experience with professional-grade charting tools.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
XTrade competitors and assessment
Company assessmentDirect peers
- eToro: eToro is a global multi-asset retail broker offering CFD trading on forex, stocks, commodities, crypto, ETFs and indices with a social-trading focus. Direct overlap with XTrade's multi-asset CFD platform and retail-trader target customer base.
- Plus500: Plus500 is a publicly-listed retail CFD broker offering leveraged trading on shares, forex, indices, commodities, crypto and ETFs. Closely comparable product set, customer segment (retail traders), and spread-based revenue model.
- IG Group: IG Group is a long-established FTSE-listed multi-asset broker providing CFD and spread-betting on thousands of instruments globally. Comparable multi-asset CFD offering, regulated scale operator, and overlapping retail customer base.
- AvaTrade: AvaTrade is a multi-regulated retail CFD/FX broker offering forex, stocks, commodities, indices, bonds and crypto CFDs. Comparable multi-asset product breadth and retail target customer with overlapping platform (web + mobile) approach.
- Pepperstone: Pepperstone is an Australian-headquartered CFD and FX broker serving retail and professional traders globally. Directly comparable on CFD product set, leverage-driven economics, and multi-platform delivery model.
- XM (Trading Point Holdings): XM is a Cyprus-regulated global retail FX and CFD broker offering trading across forex, stocks, commodities, indices and crypto CFDs. Closely comparable multi-asset CFD positioning, retail target segment, and global multi-language footprint.
- IC Markets: IC Markets is an Australia- and Seychelles-regulated CFD/FX broker focused on tight-spread retail and institutional execution. Overlaps with XTrade on forex/CFD products, retail platform access, and competitive-spread positioning.
- Exness: Exness is a multi-jurisdictional retail FX and CFD broker with strong emerging-market presence across LATAM, MENA, APAC and Africa. Comparable emerging-market retail focus, CFD product set, and multi-language platform strategy.
- FXTM (ForexTime): FXTM is a Cyprus-regulated retail FX and CFD broker serving emerging-market traders globally. Comparable CFD/FX product offering, leverage-based economics, and emphasis on education-led retail acquisition.
- CMC Markets: CMC Markets is a London-listed multi-asset retail broker offering CFD and spread-betting across thousands of instruments. Comparable on multi-asset CFD product breadth, retail customer base, and proprietary web/mobile platform approach.
Market position
Strengths5 records
Weaknesses2 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
XTrade social profiles
Digital presenceXTrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
XTrade leadership team
Management profileNumber of profiles
XTrade funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
XTrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about XTrade
What does XTrade do?
XTrade is an online Contracts for Difference (CFD) broker providing retail traders with leveraged access to over 700 instruments across seven asset classes — forex, shares, commodities, cryptocurrencies, ETFs, bonds, and indices — through its proprietary WebTrader platform and native iOS and Android mobile apps. The company monetizes trades through bid-ask spreads and overnight financing fees on positions held beyond 24 hours.
Is XTrade a public or private company?
XTrade is a private company. It is classified as unknown and is currently operating.
When was XTrade founded?
XTrade was founded in 2003. It employs 251 to 500 people.
Where is XTrade based?
XTrade is headquartered in Belize City, Belize.
How does XTrade make money?
Two revenue lines are on record. CFD Trading Spreads are the primary driver. The others are overnight Financing Fees.
Who are XTrade's main competitors?
Direct peers on record are eToro, Plus500, IG Group, AvaTrade, Pepperstone, XM (Trading Point Holdings), IC Markets, Exness, FXTM (ForexTime) and CMC Markets.
Does XTrade have an API?
No public API is recorded for XTrade.
What industry is XTrade in?
XTrade's product category is Retail CFD Online Trading Brokerage. Its primary akta.pro industry code is FSAFADAD, Retail FX/CFD Broker Trading Venues, with a secondary code of FSADAAAL, Margin Trading & Collateralized Borrowing (Exchange-Operated). Its NAICS code is 5231 and its SIC code is 6200.