Forex Brokers

Trade Xglobal (Imposter)

1.4 (14 reviews)
🇳🇿 New Zealand
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1.4
14 reviews
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About Trade Xglobal (Imposter)

Trade Xglobal (Imposter) has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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No investor compensation scheme

C
Courtney G.
2 weeks ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Trade Xglobal (Imposter) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Fast support response|Easy to use platform

Cons: Some tools only available on higher tiers

Support ghosted me

B
Brooke B.
1 months ago

I wanted to transfer my portfolio from another broker to Trade Xglobal (Imposter). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Easy withdrawals|Risk management tools|Transparent fees|Multi-device support

Cons: Would like more payment methods|Help articles are sometimes vague

Can not recommend in any way

D
Danielle Z.
2 months ago

I found Trade Xglobal (Imposter) from a review site like this one and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Tax reports included|Great customer service

Cons: Minimum deposit could be lower|Limited ETF selection

Took my money and went silent

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Liam K.
2 months ago

The mobile app from Trade Xglobal (Imposter) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Economic calendar|Personal attention|Stable platform|Fast support response

Cons: Wait times can be long during peak hours|Inactivity fee applies after 12 months

Pressure to deposit more

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Brian D.
5 months ago

After for about eight months with Trade Xglobal (Imposter), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Smooth onboarding|Professional team|Dividend tracking|Clean UI

Cons: Alert system is basic|No crypto staking

A joke of a company

T
Thomas C.
6 months ago

Do not believe the bonus offer from Trade Xglobal (Imposter). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Segregated accounts|No hidden fees|Excellent charting|Copy trading available

Cons: Currency conversion fee exists|Email notifications too frequent

They need a complete overhaul

V
Victoria K.
6 months ago

Trade Xglobal (Imposter) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Fast deposits|Educational resources|Multi-currency support

Cons: No phone support on weekends|Limited cryptocurrency options

Never again with Trade Xglobal (Imposter)

M
Michelle V.
7 months ago

I had a dispute with Trade Xglobal (Imposter) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Social trading features|Great customer service|Intuitive for beginners|Reliable uptime

Cons: No crypto staking|No fractional shares

They blocked me after I invested

M
Maria L.
7 months ago

I want to warn everyone about Trade Xglobal (Imposter). They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Lost entire investment|Reported to authorities|Unresponsive

My trust has been shattered

R
Richard L.
9 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Trade Xglobal (Imposter) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Copy trading available|Multiple order types|Customizable dashboard

Cons: Inactivity fee applies after 12 months|Onboarding videos are outdated