Score
Saint Kitts and Nevis
|
2-5 years
| https://8xtrade.com/en
Website
Rating Index
Influence
C
Influence index NO.1
Thailand 5.01
LicensesNo valid regulatory information, please be aware of the risk!
Saint Kitts and Nevis
8xtrade.com Netherlands
VIP is not activated.
| 8xTradeReview Summary | |
| Founded | 2018 |
| Registered Country/Region | Saint Kitts and Nevis |
| Regulation | No regulation |
| Market Instruments | Currency pairs, stocks, gold, oil |
| Demo Account | ✅ ($10 000 in virtual fund) |
| Leverage | Up to 1:50 |
| Spread | / |
| Trading Platform | Windows, macOS, mobile APP and the web-based platforms |
| Min Deposit | $10 |
| Customer Support | 24/7 - email: support@8xtrade.com |
| Facebook: https://www.facebook.com/8xTrade/ | |
| Address: Lighthouse Trust Nevis Ltd, Suite 1, A.L. Evelyn Ltd Building, Main Street, Charlestown, Nevis | |
| Regional Restrictions | USA, Canada, Switzerland, Australia, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea, Republic of the Marshall Islands, Puerto Rico, Liberia, New Zealand, the Russian Federation and/or any country of the European Economic Area (EEA) clients are not allowed |
Founded in 2018, 8xTrade is an unregulated broker registered in Saint Kitts and Nevis, offering trading on currency pairs, stocks, gold and oil with leverage up to 1:50 on Windows, macOS, mobile APP and the web-based platforms. The minimum deposit requirement is as low as $10.
| Pros | Cons |
| Demo accounts | No regulation |
| Low minimum deposit requirement | Limited trading assets |
| Various fees | |
| No MT4/MT5 platform | |
| Limited payment options | |
| Only email support | |
| Regional restrictions |
8xTrade asserts that it implements Anti Money Laundering (AML) and Know Your Customer (KYC) policies to safeguard trading safety. However, the absence of valid regulation means that there is no governmental or financial authority overseeing their operations. Please be aware of the risk!
| Tradable Instruments | Supported |
| Currency pairs (EUR/USD, GBP/AUD, CAD/CHF) | ✔ |
| Stocks (Tesla, Spotify, Alibaba) | ✔ |
| Gold | ✔ |
| Oil | ✔ |
| Indices | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
The broker offers flexible leverage options, varying by market instruments from 1:20 to 1:50. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
| Administrative Fee | $20 |
| Commission | ❌ |
| Document Fraud Fee | $20 |
| Deposit Fee | ❌ |
| Withdrawal Fee | $31 or the equivalent |
| Dormant Account/Inactivity Fee | 10 EUR for 90 consecutive calendar days or more the cient does not place orders to make trades/transactions |
| Swap Fee | 0.01% – 0.5% and in extreme circumstances up to 1.7% |
| 3 times higher than normal (Friday - Saturday) |
| Trading Platform | Supported | Available Devices | Suitable for |
| 8XTRADE platform | ✔ | Windows, macOS, mobile APP and the web-based platforms | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced trader |
The broker accepts payments via Krung Thai Bank, Bank of Ayudhya, Bangkok Bank, Siam Commercial Bank, Kasikorn Bank, Thanachart Bank, UOB, CIMB Thai Bank, VISA and MasterCard.
| Deposit Options | Min Deposit | Fees | Processing Time |
| Krung Thai Bank, Bank of Ayudhya, Bangkok Bank, Siam Commercial Bank, Kasikorn Bank, Thanachart Bank, UOB, CIMB Thai Bank | 350 THB, 10 EUR, 10 GBP, 700 RUB, 10 USD | / | / |
Clients have 1 free withdrawal per calendar month.
| Withdrawal Options | Min Withdrawal | Commission | Processing Time |
| Bangkok Bank, Bank of Ayudhya (Krungsri), CIMB Thai Bank, Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, Thanachart Bank, TMB Bank, UOB, | 2 EUR, 2 GBP, 60 RUB, 70 THB, 2 USD | 2%, max 30 EUR/25 GBP/1500 RUB/1000 THB/30 USD | Up to 3 business days |
| Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, Bangkok Bank, TMB Bank, Bank of Ayudhya (Krungsri), Government Savings Bank | 17 EUR, 15 GBP, 60 RUB, 500 THB, 20 USD |
8xTrade charges include a $20 administration fee, a $20 document fraud fee, and a withdrawal fee of $31 or equivalent; Swap Fee ranges from 0.01% – 0.5% and in extreme circumstances up to 1.7% and 3 times higher than normal (Friday-Saturday).
8xTrade offers all traders the opportunity to trade on a demo account with $10 000 in virtual funds, regardless of whether they have deposited real money or not.
xTrade offers trading in currency pairs ( EUR/USD, GBP/AUD, CAD/CHF), individual stocks (Tesla, Spotify, Alibaba), gold, and oil, but does not support trading in indices, cryptocurrencies, bonds, options, or exchange-traded funds (ETFs).
No, 8xTrade is not regulated, meaning there is no government or financial institution overseeing its operations.
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นัท4511
Thailand
Scamming can earn 500,000, revealing the game... cutting off the total and only returning the first bill
Exposure
FX3301006859
Thailand
Be careful, you cannot withdraw.
Exposure
FX3301006859
Thailand
Trading a lot and refusing to pay will result in the closure of our account, claiming that we have violated the rules. Be careful.
Exposure
FX1088007212
Thailand
Compared to other Binary Option brokers, Broker 8xTrade has very minimal order execution delays, ensuring the most accurate pricing. Personally, based on 5 years of experience using their services, deposit and withdrawal transactions have never been an issue—most are completed within 5 minutes.
Positive
FX4122314817
Thailand
It's a Broker that normally has very fast deposits-withdrawals (faster than 5 minutes for funds to arrive). It has a good verification system. The longest withdrawal time is 3 days, but I've used it for 6 years, always making profits, and never had a single withdrawal issue.
Positive
FX3301006859
Thailand
I trade normally without using any programs or VPN programs. In the first round, I had a small balance of 1600 and I was able to withdraw it as usual. I can play a lot and I admit that I did not follow the rules.
Exposure
FX3301006859
Thailand
I trade normally without using any programs or VPN programs. In the first round, I had a small balance of 1600 and I was able to withdraw it as usual. I can play a lot and it is said that I do not follow the rules.
Exposure