Trading is the economic activity that most attracts investors today, and it excites users to look for a good online broker option for earn money in the short term. Currently there is much broker offer, so the first step is to know its main characteristics, so that it can be analyzed before registering.
XLNTrade, is a broker that trade with the PROfit platform, which provides the option of access from the web version of a computer. The user could also access from his mobile, since he has PROfit mobile, which is an app available for iPhone and Android.
- Both versions feature 24/6 support, instant trade execution, multiple charts and analytical tools.
- To validate your registration and have an account, the user requires a initial investment of $200 and then you can start investing.
Thanks to its access routes to the platform, users can make their investments from the site that is most convenient for them, and will have the possibility of keeping up to date with market news and current events on a permanent basis. XLNTrade Advertise on your home pageTrade CFDs on shares of Uber, Amazon, Facebook, Netflix and many more”. In this we provide an analysis of the main characteristics of this broker.
About XLNTrade and its rapid popularity
This broker is one of the newest on the market, and quickly became a good option for traders from different countries. In 2018, the service brand of XLNTrade trading, which currently operates successfully in European Union countries. This online broker operates with more than 100 different financial assets, which gives the user a good variety of investment options, and also counts for each of the user's operations, accompaniment from zero level to expert level.
- It is worth mentioning that XLNTrade does not use the Metatrader5 platform, but trades through PROfit.
- Their website has 24-hour customer support and is available in 4 languages, including Spanish.
It is jointly owned by Wanakena Ltd and Securcap Securities Limited, companies registered in Cyprus and Seychelles respectively. It operates under the regulation and license granted by the Seychelles Financial Services Authority, although it is also based in Cyprus.
Basic features of the XLNTrade broker
XLNTrade operates with a important variety of financial assets, such as forex, stocks, cryptocurrencies, minerals and more. It is characterized in that users can start making their first trades with as little as $200. Unlike other brokers, here you can make investments with a minimum amount, and to the extent that the user gains confidence and feels familiar with the platform. Users also have personalized attention that works during service hours 24/7 and attends in the 4 languages in which the platform is available, Spanish included.
- Invest with XLNTrade It has become an alternative among older brokers. Despite having been founded a few years ago, this broker today is a flexible and simple option to choose to operate, start investing and earn money.
- Among its most outstanding and useful features for users, we must mention that a varied set of educational material on finances and investment is available on the platform.
Why is educational material included in an online broker? Without specialized training, can't I invest? These are frequently asked questions among traders, particularly beginners. The inclusion of educational material has to do with trading, a financial activity that can truly be very profitable, but operations carried out carry risks, and in order to reduce them, permanent training and education is recommended to the extent that the user intends to improve as a trader. XLNTrade stands out on this point, since its mission, its focus, is that not only all its users carry out profitable operations, but also that they can grow and develop as traders.
- Users of this broker can combine the reading and use of educational material, with the support provided by assistance within the platform. A team of experts in this type of business, which provides quality advice to its most advanced users, but also proposes that beginners want to start investing and earn money.
Through the official XLNTrade website, we find a brief introductory summary about its characteristics and the operation dynamics linked to the existing risk:"Online CFD trading involves high risk and should not be undertaken until the user has carefully assessed whether their financial situation is suitable for such transactions." Such a message does not suggest the impossibility of obtaining income, nor that the user will lose their money, but rather that there are no exact formulas for obtaining profits, nor can the times in which profits be obtained be predicted. Rather, it works as a warning and at the same time an invitation to use the training spaces and tools offered by the broker, which is an important part of its forex and trading service.
To minimize risks there is no better way than learning. And this is not achieved overnight, but requires experience, operations, trial and error, and permanent training. Because the market changes at an accelerated rate, and to keep up with it, the trader must anticipate by being aware of new trends and new concepts.
The XLN Trade Platform
The operating space is key to a good investment, comfort, clarity, the speed with which you can learn to use it, is related to the good investments made by a trader.
XLNTrade has a user-friendly trading platform, PROfit, which provides its users with the tools and everything they need, everything they need to access the financial markets and operate successfully from any browser. The steps to access are very simple, and once inside the platform, users will be able to track prices with real-time graphic information and event updates. “PROfit offers clients various trading tools, news and support directly from the platform.”
Among the main features of both the broker and the platform, we can highlight:
- No need to download
- With one-click trading
- With 24/6 support directly from the platform
- No requotes
- With instant execution of operations
- With an advanced graphics system
- With up-to-the-minute news transmitted to the platform
- With specific features for beginner and professional traders
- With market and pending orders
- With multiple graphics options
- With a wide range of analytical tools and instruments
The platform has a base of black and white colors, which represents a basic and subtle combination in the eyes of the user. It has a standard format, easy to learn to use. Its navigability is fast, with clear and intuitive sections. With an automatic redirection section to user support and help, it ends up offering a platform suitable for any user, regardless of their trading experience and using technological devices.
- It is recommended to browse the website before registering, this gives the future client the minimum perception about how their operations will be, they will be able to check the simplicity of the platform, and the speed of the interface.
Frequently asked questions about trading and XLNTrade
- Is the amount to start investing high? No. At XLNTrade, once the user registers and has their account enabled, they can start trading with a minimum amount of $200.
- Is it enough to have extra money to operate? Yes, but not to grow as a trader. If XLNTrade's approach is taken into account, one of its missions, which gives its platform a particular profile, is the training of all its users so that they can perfect themselves in the strategies, concepts and daily information of the world of trading.
- Does PROfit mobile have a cost? The mobile version of this broker, available on iOS and Android, is free. Currently it has a weight of only 17 MB, and can be downloaded and installed from Playstore.
The web version of XLNTrade does not involve any type of download or installation, so the capacity of the user's computer will not be affected by using it. You only have to worry about registering, which takes a few minutes, and you are ready to start investing. Everything necessary to have a good chance of obtaining an economic return is available. As well as the right tools so that users can go from being beginners to professional traders. From the first operations you will notice the simplicity of this broker, its various tools, its fast interface, which have made it one of the most popular brokers in just a few years.