In the last few years, crypto trading has definitely reached its peak and it doesn’t show any signs of slowing down any time soon. This is one of the top reasons that lots of platforms have popped up and claim to assist aspiring traders in enjoying the ultimate trading experience. Needless to say, a number of these platforms are nothing but well-dressed scams that are just looking to take advantage of the flourishing crypto market by scamming those who are interested in investing their hard-earned money. But, does this mean every broker is the same? No, there are some legitimate and downright impressive brokerages that have been established to help people in participating in the booming crypto market.
Among some of these brokers, the name of XTRgate stands out because this brokerage has put in a lot of time and effort into creating the right trading environment for its traders. Even though it hasn’t been around for that long, it has managed to accomplish a lot more than brokers that have been operating in the market for years.
The fact that XTRgate was established in 2019 may be off-putting for some because it makes it difficult for them to trust their services. However, it will not take you long to realize that this crypto trading company has developed a strong reputation in the market because of the numerous assets it offers, along with its versatile trading platform. They have an easy-to-navigate and well-designed website that can be used by novices and experienced traders alike without any hassles. The broker has added some of the top tools, services, features and assets in the market to provide a well-rounded experience to its clients.
XTRgate Scam or Legit?
XTRgate is not a scam, from my experience with this broker it is safe to use their platform for crypto trading.
Now, let’s look at some of XTRgate’s prominent aspects and features to better understand how it can cater to those interested in crypto trading:
- Extensive cryptocurrency options to trade
Which cryptocurrency do you want to trade? Is there a specific one you are interested in or you want to invest in multiple cryptocurrencies? Even if you want to start with one cryptocurrency, you may want to expand your portfolio later on. Switching brokers can become a big hassle later on, so why not just start with the best? This is where XTRgate steps in because this broker offers you 40 cryptocurrency pairs that you can trade. They have added some of the most powerful and successful cryptos in the market, such as Bitcoin, Ethereum, Litecoin, Ripple, Dash and NEO.
- Favorable and supportive trading conditions
Not only does XTRgate provide you with a variety of cryptocurrencies that you can trade, it also provides you favorable trading conditions to do so. As a matter of fact, the broker offers you some of the lowest spreads that you can find in the market; the lowest spreads are 0. Similarly, the broker has been very generous in terms of leverage and this is also appealing for traders who don’t have a lot of capital to invest. Some crypto pairs have a leverage of 1:2 or 1:5 and the maximum leverage that you can get for some is 1:20. You can find the leverage of every cryptocurrency pair mentioned on the broker’s website, which allows you to make an informed decision.
Furthermore, since XTRgate is charging spreads, the broker doesn’t apply any commission. This enables you to take advantage of every single penny you earn. In order to enjoy such great trading conditions, you will have to open an account with the broker.
- Multiple account options available
As mentioned above, you can start availing the broker’s services by opening an account with them. Every broker offers different account options, but it is important to remember that not all trading accounts are created equal. The XTRgate firm also offers their clients account options to choose from, but theirs have been custom-developed for different types of traders in order to fulfill their trading needs in the best possible way.
The options start from Basic account, which can be opened with a deposit of €1,000. Even this account offers great trading features like round-the-clock customer support and access to an education center. There are more options like Bronze, Silver, Gold and Platinum and new features are added for these accounts like account managers, price alerts and charting tools and personalized trading strategies. You can go with an account option that offers you the features and services you need to trade cryptocurrencies.
- A strong security infrastructure
With the number of brokerage scams on the rise, security has become a major concern for traders as no one wants to lose their hard-earned money or have their personal information compromised. XTRgate is fully aware of this situation and so the broker has taken appropriate security measures to ensure peace of mind of their traders. When you connect to their website, you will enjoy a secure connection as the broker uses SSL (Secure Socket Layer) encryption. Put simply, any sensitive information that’s entered on the website will be safe from prying eyes. In addition, the broker routinely performs security checks and has installed a strong firewall in order to identify and eliminate any security vulnerabilities in their system.
The conclusion that you arrive to is that XTRgate is indeed one of the best platforms for crypto trading because they don’t raise any red flags and have incorporated all the right features. Crypto trading becomes a breeze with this brokerage and you can get started quite easily.