XTRgate review - XTRgate - fraud or the law?

The world's first cryptocurrency, Bitcoin, appeared in 2009. Since then, the online trading market has changed a lot.
A large number of online brokerage firms have been created and new cryptocurrencies have been mined.

You may be one of those people who are considering trying cryptocurrency trading. Online trading with any trading instrument is a great way to make extra money. You can also have a stable career if you're lucky enough to get it. The first piece of advice I will give to novice traders reading this is that don't get greedy or overly ambitious when you start trading. You may feel motivated to invest in bigger projects if you make small profits from some trades here and there. Gambling makes you forget about caution and always leaves you with huge losses.

During my years as an active trader I have come across many brokers that only supported one trading instrument. The broker I will be talking about is XTRgate, which is a crypto broker. This broker only allows cryptocurrency trading and supports a wide range of them, today I will look at all the different aspects of the trading platform in this review of XTRgate .

High leverage

Cryptocurrencies are very expensive assets if you are trying to buy them with fiat money. Thus, many brokers do not offer leverage to support this broker. This is because a broker must have high liquidity when providing leverage for cryptocurrencies.

XTRgate is solely focused on cryptocurrency trading, so it has a high liquidity ratio compared to other brokers. The broker offers leverage for crypto trades from 1:2 to 1:20. If you're not familiar with cryptocurrency exchange rates, this leverage is quite high. However, maximum leverage is available in higher accounts. You can still use the 1:2 and 1:5 leverage offered by your broker. Trading with leverage is probably one of the best things a trader can get. However, you have to be careful when trading with leverage, especially if they involve a volatile asset such as cryptocurrencies, to avoid adverse losses.

XTRgate offers you spreads at 0, which means that you incur no losses or profits when you sell the currency back to the broker. Spread rates may vary depending on the state of the trading market. Traders are eager to trade with the high leverage and low spreads that this broker offers.

Deposit and withdrawal

Banking is an integral part of a trader's life. They need to make timely deposits, cash withdrawals, transactions, etc. You will find that most brokers differ in their deposit and withdrawal methods. While some brokers offer you different payment methods, some are very strict with their rules and make you comply with their services. In addition, you will also find that some brokers charge hidden and known commissions even for the deposits you make. XTRgate does not charge any fees or commissions for deposits. It supports two deposit methods: credit card and bank transfer.

Bring a Friend Program

If you're not interested in online trading or can't yet master it, you can still make money with this broker. How can you ask? Exness Login Thai has developed a "Bring a Friend" program in which you will receive a commission for almost every referral with your name. In addition, for every referral your referral brings in, you still get a percentage of the commission.

All you have to do is create an account with the broker, give the email address you used for that account to your friend. This will clarify the direction. Now both of you can earn a small income without even having to trade. Although this programme is great for those who are not interested in trading, I find the cost of the rewards a little unimpressive compared to the rates that other brokers offer for their affiliate programmes. Of course, not most of them even offer this service.

Final words

XTRgate is one of the best crypto brokers on the market and supports trading of more than 40 cryptocurrencies. Of all the cryptocurrency trading experiences I've had so far, my experience with XTRgate has been my favourite.