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Trader XP

  • 6 Reviews
    (4)
  • Regular bonus30%
  • Negotiated bonus40%
0 Active Topics

Our review on Trader XP

Complete test, guide and forum of the Trader XP broker

Please note that Trader XP doesn’t accept US resident traders.

Created in 2009, TraderXP is one of the brokers who participated in the democratization of binary options trading for private individuals. The Trader XP brand is the property of Trade XP Limited, whose registered office is located in Cyprus.

Trader XP offers a simple platform for binary options trading thanks to the software technology “SpotOptions.”

The relatively high minimum opening position ($ 25) reflects the upscale clientele target.

Being the first or one of the first founders of binary option trading, TraderXP offers over 80 underlying assets and provides the opening of a real account for a minimum deposit of $ 200.

The inscription on Trader XP through bonusbinaryoptions.net allows you to enjoy an exclusive bonus of 40% (instead of 30%) on the amount of your first deposit.

Their English customer service available 24h/24 and 7 d/7 by email, online chat or telephone will help you to make money on Trader XP.

You can also download the Trader XP iPhone application to be able to trade the underlying available assets from anywhere in order to take advantage of maximum opportunities at any moment. The Trader XP Android application is currently in development and is not available at the moment. The website is entirely compatible with Smartphone.

The team of Bonusbinaryoptions.net noticed that many traders are currently in conflict with this broker to withdraw their gains. (To Choose a trusted broker, we advise you to consult our List of brokers with whom withdrawals are fast and guaranteed).

See below for the complete Trader XP test and do not hesitate to give your opinion in the forum section located at the bottom of the page.

Overview of the Trader XP platform

traderxp platform

The guarantee of BonusBinaryOptions.net

Registering with the broker Trader XP through this website allows you to benefit from the bonusoptionsbinaires.net guarantee. Our team is thus committed to helping you resolve any possible conflict with the online broker. If you encounter a problem with the broker, please contact us via the "contact" section. We are committed to providing you with a response within 24 hours. All the disputes that we have handled have reached a solution!

Characteristics of the binary option broker

Minimum
Deposit
$200
 Minimum deposit amount in real money to open an account
Rate of
return
75%
Maximum return on investment in high/low for a winning transaction
Return
on loss
10%
 Maximum return on loss in high/low for a losing trade
Minimum
Position
$25
 Minimum investment amount to open a transaction
Maximum
Position
$500 
 Maximum investment amount to open a transaction
Demo
Account
Possibility to trade free of charge on a demo money account within the same conditions as the real money one

Data sheet of the broker Trader XP

Number of Number of currency pairs traded by the broker (Example: EUR / USD, EUR / GBP ...)
forex pairs
Number of  Number of shares traded by the broker (Example: Facebook, Apple ...) shares Number of  Number of stock market indices traded by the broker (Example: CAC40, Dow Jones ...) indices Number of  Number of raw materials traded by the broker (Example: gold, oil ...) commodities Platform  Brand of trading technique platform used by the broker Speed Possibility of trading binary options with an expiration time of 60 seconds Trading High Consists of deciding whether the underlying asset will be above or below the initial price at the time of the expiration of the option
/ Low
One Consists of deciding whether the underlying asset will reach a previously defined quotation or not Touch Zone Consists of deciding whether the underlying asset will expire within a zone nearing the initial price, or outside of this zone
15 33 28 7 SpotOptions

Bonus Trader XP

Bonusnegotiated by Best bonus offer negotiated by our team. Requires opening the account through bonusbinaryoptions.net to take advantage of the offer BonusBinaryOptions.net details of  Our detailed bonus offer according to the amounts of the deposits
our bonus
No deposit  Our detailed bonus offer according to the amounts of the deposits bonus
40% instead of 30%

Bonus of 40% (instead of 30%) for your first deposit. No upper limit for the maximum bonus. No bonus for subsequent deposits.

$0

Bonus code

No bonus code

How to use this bonus

The Trader XP broker does not use a bonus code. To take advantage of our exclusive bonus, simply open an account on Trader XP by clicking on one of the links on this website. Our bonus offer will be automatically acquired.

Conditions to withdraw the bonus

Bonus withdrawals are subject to conditions to prevent abuse (as explained in the home page under paragraph "how to release and withdraw a bonus"). Trader XP offers you the possibility to withdraw your bonus after trading during 30 days and 20 times the bonus + deposit amount. For example, to withdraw a $ 50 bonus that was offered to you after a deposit of $100, you must first have wagered 20 times the amount of 100+50= $150 or a total of $3000 from the volume of the cumulative transactions (regardless of the number, the selected products, and the size of the traded positions). Note that you have the possibility to refuse the bonus offer by reporting it to the customer service department by chat, email or telephone after the creation of your account.

Information on the brokerage firm Trader XP

Trader XP is a brokerage society which has been registered by the company TradeXP LTD in 2009.

Head office address: Alexandrou Business centre-76 Omirou-3096 Limassol-Cyprus

Regulation of the broker Trader XP

The broker TraderXP is not currently regulated by any authority. However, Trader XP has already submitted an application, it is waiting for a licence from the CySEC and to obtain the AMF and Banque de France guarantee. The CySEC is the Cyprus control authority (Cyprus Securities and Exchange Commission).

Methods of deposits

You can deposit your funds by:
- credit card,
- bank transfer,
- Western Union,
- Paypal
- & Neteller.

Withdrawal methods & conditions

You can withdraw your funds by credit card (no fee), bank transfer ($25 fees) or check ($10 fees plus postage fees).
The minimum amount to withdraw from the capital is $ 100.

Demonstration video of the broker Trader XP

Relative articles

Is Trader XP a scam? Read the press release

Here is the press release transmitted by the broker TraderXp: “Binary Options is one of the best lucrative means of making money online because among all brokers, TraderXP is considered as the best and most reliable one. Some traders who are new to this broker may think that it is a scam. If you are […]

> Read more

Warning of the CySEC against the TraderXP broker

A few days ago, the regulator of financial markets CySEC (Cyprus Securities and Exchange Commission), based on the island of Cyprus, issued a statement on its website to warn traders against the TraderXP binary options broker. In the official document of the Cyprus regulator, it is specified that the TraderXP broker does not have authorization from […]

> Read more

Trader XP : Forum reviews

  1. jerome Mouton said: 20/05/2013

    I would recomend that if you want access to our funds, then do not use this company. I’ve been with them for 2 months and they have not processed not one withdrawl request for me. And I’ve made 3 requests up until now. And on top of this non professional action, they won’t even call me and discuss the matter with me. If I had it to do over again, I wouldn’t use this company for anything! Be ware of this company! J.M.

  2. fabrizio ricci said: 02/06/2013

    FABRIZIO FABRIZIO RICCI RICCI • 2 days ago –
    the facts are these:

    I some time ago about February / March I opened a free account with TraderXP of phone calls I have been ill-treated by a certain marta irons which assured me that they were very lean practices with regard to both payments made by credit card withdrawals because having my card number would have poured directly onto the card in case of withdrawal, and the thing I really do not mind. I asked for a demo account and they accommodated me dandomene one with a duration of 3 days.

    so everything is right.

    I tried the platform seemed sympathetic despite the options to 60 seconds were too slow because of the prompt. I decided that I would continue my relationship with them, but because of my job I would have postponed the payment in April because I would have taken a week off and I would have dedicated more to the platform.

    even though I had warned the lady who kept calling every week on a regular basis wanting to give bonuses (which I really do not interest me as often said to the lady) in April I was called again by the lady who after my umpteenth refusal answered me also in a rude telling me all over “because one opens an account if after trada not?”.

    After this phone call I decided that I would not have anything to do with them instead about the ‘last week of April I was contacted by the lady who apologized to me of the many phone calls saying that his work was to call people.

    MI was persuaded to pay my money (believing in good faith). As usual, I was offered a bonus for my deposit but I refused asking for a demo account that since before I was asked many stories and within one hour after I have been contacted and I was told that the demo does not there ‘was no probblema. I returned home around 18:00 and I poured Wednesday 22 of this month I asked the credentials for the demo and made me a thousand stories contacting me via email and not by phone last Friday I requested the withdrawal of my money feeling teased today that it has been a week have not seen the ‘shadow of my money and the lady is hiding marta irons have email contacts of all confirmed this week that if I want I can also post.

    For these reasons, feeling teased seeing the fugitive platform in front of a request for a writing I arrived at my conclusion already written earlier

    if I remember I’ll add some details later greetings to all and do not open accounts with TraderXP

  3. mashoodahmed said: 11/06/2013

    i want to make the account

  4. Segi Moodley said: 23/07/2013

    THIS A BIG SCAM – I HAVE LOST BIG MONEY ON THIS WITH NO RETURNS WHEN I REQUESTED IT AFTER SENDING ALL DOCUMENTATION – BE VERY CAREFUL BEFORE U INVEST YOUR HARD EARNED CASH – S C A M

  5. Nyakairu said: 24/07/2013

    THEY ARE A SCAM. THEY NEVER PAY OUT! THERE IS A LADY KNOWN AS MARY WILLIAMS AND THE GUY DANIEL. THEY WILL INSIST YOU PAY MORE DEPOSIT UPTO A GOLD ACCOUNT USD5000 TO BE TRAINED AND HAVE A DEMO ACCOUNT. THEY TALK OF BONUSES BUT AFTER TRADING WITH THEM FOR SOME TIME AND I KEPT LOSING I ASKED FOR MY DEPOSIT. NOW IT IS OVER TWO MONTHS AND THEY HAVE GONE UNDERGROUND. NO MORE EMAILS AND PHONE CALLS. I HOPE AND WISH NOBODY WILL TRANSACT WITH THEM. THEY SHOULD BE BLACKLISTED COMPLETELY .

  6. TraderXP Customer Support said: 09/10/2013

    Dear Jerome,

    TraderXP is a professional company that takes all complaints and issues very seriously. We abide by our terms and conditions that are clearly stated on our website for our clients to review at any time. Withdrawal requests are reviewed and considered according to the clients deposit, bonus, balance, and turnover. If you feel you are entitled to funds that TraderXP has wrongly withheld from you, please contact customer support at support@traderxp.com for a clarification and/or resolution to your issue at hand.

    Sincerely,

    Maria Carmen
    Customer Support
    TraderXP

  7. TraderXP Customer Support said: 09/10/2013

    Dear Fabrizio,
    It is not the policy of TraderXP to give our clients “demo accounts”. It seems that you are thinking of a different company because that is simply not our practice. Moreover, we have never employed a broker with the name, “Marta Irons”. If you do indeed have an account with us and have some sort of issue that has not been resolved, please contact us at support@traderxp.com .
    Sincerely,

    Maria Carmen
    Customer Support
    TraderXP

  8. TraderXP Customer Support said: 09/10/2013

    Dear Nyakairu,

    TraderXP abides strictly according to the terms and conditions listed on our website. In order to promote a fair trading platform, we have created regulations that apply to both our clients as well as our brokers. Our company provides clients with bonuses for the purpose of long term investments, however there is a certain turnover required to make in order for the client to withdraw the bonus. This is standard in the industry being that the bonus is the company’s investment. Regarding “demo accounts”, TraderXP does not offer any such thing to any of our clients. If you feel however that you are entitled to any funds under the terms and conditions, we encourage you to please contact our customer support team at support@traderxp.com .

    Sincerely,

    Maria Carmen
    Customer Support
    TraderXP

  9. Curt Wolfer said: 14/10/2013

    These people are thieves i sent money, but never traded they added a bonus which i refused they added it anyway. When i went to with draw the money i had deposited they took in an inactivity fee of 100% of my deposit.

  10. Deon Venter said: 03/12/2013

    Thanks for the advice. Makes you think how legit Profit in 60 seconds is if they recommend brokers like this.

  11. Kenny said: 12/12/2013

    TraderXP has not given me a bonus. I don’t want one. If they try to give me one I will tell them to take it back. Do not ever accept a bonus! You lose access to your money for a while!

    But TraderXP has one of the best 60 second platforms I have seen. I tripled my money in a few short sessions.

    I think I know why so many people have gripes. TraderXP does have a policy that there has to be 30 days between deposit to withdrawal. Either that or you got caught in the bonus trap. Always read the fine print in the bonus trap. Every broker offers bonuses and don’t accept them from anyone until you have read the fine print and want to go for the long hall!

  12. David Paul said: 14/12/2013

    I totally agreed with “Curt Wolfer”. Trader XP, every single staffs of this firm deserve to be shot. Currently I am filing dispute via Visa. I regretted that I did not Google search enough before registering with this firm. Now I have trouble to bring back my money. If you want trouble and want to throw away your money into sink, go for this broker. Believe it or not, all depending on you.

  13. Catarina said: 21/12/2013

    I decided to open a new account at TraderXP on the 5th Dec 2013. I opened the account and funded through Neteller with $150 (USD) and and a few minutes I added to the account another deposit of €200 (EUROS) from my credit card. I believe they will exchange my €200 Euros in USD Dollars (with the Euro at 1.38USD it will be $276 (USD) dollars. But they didn’t, they simply add my $150 with the €200 and my account balance became $350 (it was a pity that they made a mistake to their favor).
    I noticed the mistake and started a Live Chat with them, explaining all the process of funded the account. The person who was talking to me told me that she couldn’t understand what I want and I asked to be contacted with my personal broker. I have asked for his name (Mr. Barry Milan) and asked to talk with him. I have been told he was not at the office but he would call me soon.
    The next day, about 10:30AM, Mr. Barry Milan called me back and I explained him everything. He told me not to be worry because they didn’t withdraw from my account the €200 but only the amount in Euros they need to make the $200 USD. Immediately I understood he was lying because he couldn’t do so.
    I said nothing at the moment and decided to way and see what this will lead me on. I decided not touch in my account until everything was definitely settled down but I enter the site almost every day to see if the balance was rectified. On the 12th of Dec 2013, I noticed that the balance was $20.75 and consulted my portfolio. Someone was trading with my account since days 10th, 11th and 12th and depleted my balance.
    Immediately I send the below email to Mr.Barry Milan, with no reply:

    “Hello
    Mr. Barry Milan

    It’s me Carlos, on behalf of my wife Catarina.
    We spoke some days ago about my second deposit of €200 to my account which currency is in USD dollars. You said, about that deposit of €200, that you have done the exchange in USD dollars and so you have took from my bank account about €145. Well, that is not quite so because I have the confirmation from my bank that TraderXP didn’t make any exchange at all and took from my account €200 and joined them to my account in USD dollars.
    Worst than this is that someone had been trading with my account on the 10th, 11th and 12th of Dec and my balance, from $350, is now $20.75. This is very serious because I consider this a crime.
    I attached screen shots of the portfolio, in which you can see that, the 1st one (traderxp01) is faked and in the rest (from traderxp02 to traderxp06) I would like to mention the Execution Date and the Expire Date. And it is very easy to know that it was not me who did all this trading, just check the IP of the computer used to trade.
    So, Mr. Barry, I would like that you investigate this situation and make things right, that is, restore all my money to my account and also rectify the error rates of € 200.”

    I send this email at least 3 times, 2 to Mr. Barry Milan and the other one to TraderXP’s Customers Care. No one replied me.
    On the 18th Dec 2013, about 20:00PM I received a call from Mr. Sérgio Morais, a self called broker from TraderXP. He start talking as if nothing wrong was going on and asked me to invest more money in my account in order to trade with him. I didn’t believe in what I was hearing and decided to level with him since it could be that this so called Mr. Sérgio Morais could know nothing about the case. Unbelievably, the guy insists that I should invest more money with TraderXP and let the past be forgotten. Seriously I became very offended with this behavior and told Mr. Sérgio Morais that if TraderXP didn’t rectified the error until next Friday (the 20th Dec 2013) I will forgot my money and my case would be all over the Internet.
    The next day, in the morning, Mr. Barry Milan called me back and his behavior was as if he didn’t know nothing at all. He claimed he didn’t received any email from me and asked me to wait a little while he would check his email box. Finally he found the email(s?) and he said that it was me who traded nobody else! He claimed that I used Auto Trading (it seems it is a bot they have for this cases :)) so it was my fault. So, I realized that whatever I could tell him to refute his words would be enough, so I hung up the phone.

    Avoid to trading with this guys because, if they have the opportunity, they will scam you!

  14. daniel said: 06/03/2014

    trader xp is very very bad one. I invested about usd 700 and they stole my money of about usd 400. I tried to contact them for very long time but no reply from them. what kind of trading is this!!!!!!?. I advice people please don’t trade with these guys. you are going to get heart attack.

  15. Marcelo Silva said: 22/05/2014

    ATTENTION: I was robbed by Xptrader.. My bank account was accessed and 3000 usd was taken. Also, my money was used in a trade and a bonus was left there.

    Alex stren and Adam ansari rang me incessantly from this number +18552710502 it can be found in a internet search, a number used for fraud. He was telling me to make a “decent” deposit. Spit of a minimal required (200usd) being a decent request. I registered in 21.04.2014, depositing 200 usd…

    I am Marcelo.. I am gathering people involved with traderxp aiming to share information and speed up individual or collective solution. mar2012hp@gmail.com

    I got my bank account ripped off in 3000 usd by traderXp on 12/05/14 using my the debit card details, the one I used to deposit 200 usd 14 april 2014.

    I realized who I was dealing after incessantly calls insisting to me make a decent deposit as they use to say. Unfortunately, I took too much time to take the right providence in my own sake and I have my Bank account broken to zero.

  16. j.w said: 05/09/2014

    THEY ARE A SCAM COMPANY!!!
    AND NOW AFTER ALLTHE BAD REVIEWS THEY UNDER A DIFFRENET NAME
    NOW THEY CALL THEM SELF BINARYGOAL!!!
    BE WARE!!!!!!!!!!!!!!!!!!!!!!!!!!

  17. C.D. said: 26/11/2014

    WARNING
    The Cyprus Securities and Exchange Commission (‘the Commission’) wishes to inform the investors that the company ‘TRADERXP LTD’, ( http://www.traderxp.com):
    1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and Activities and Regulated Markets Law, as:
    i. It has never been authorized by the Commission.
    ii. ?t is not a bank or a cooperative firm, established in the Republic and authorised to provide such services.
    iii. No notification has been received by a competent authority of another Member State, pursuant to sections 77 and 80 of the above mentioned Law.
    2. Is not regulated by the Commission.
    The Commission urges investors, before conducting business with Investment Firms, to consult its Web Site (http://www.cysec.gov.cy/default_en.aspx) to confirm the entities that are authorised to provide investment services in the Republic.
    Nicosia, September 19, 2013

    Yes they are calling themselves BINARYGOAL. This is after I am trying to withdraw my funds and the broker suddenly goes AWOL.

  18. wallie said: 26/02/2015

    adam ansari also promised me big money here and gave me a bonus .
    but most of the trades get lost so at the end my account is zero and it should be a secured account so i cant loose he said .
    this is very bad
    i lost €7000 on them also by alex stern . he is more bad .i won 1 trade
    dont had a bonus and after that i want to withdraw but that was not possible .
    he said you have to continue trading . if i will looose i get the money back but they dont do it

  19. Hamada abdallah warrad said: 09/06/2016

    I need information about your company

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