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HOW IT WORKS

See the level of evidence
on every institution profile.

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A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Not independently verified
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Xtrade

Broker · International

About the company

Legal company namePeak Wealth (Pty) Ltd · Xtrade International Ltd · Blacsley Como Ltd
Year founded2012
Headquarters / registered countryNot stated
Websitewww.xtrade.com
Last checked08.10.2026

According to its official website, Xtrade is a CFD trading platform founded in 2012. The site says the group is licensed through its subsidiaries by the FSCA in South Africa (Peak Wealth (Pty) Ltd, FSP 44681), by the Financial Services Commission in Belize (Xtrade International Ltd, licence 4705379) and by the Anjouan Offshore Finance Authority in the Comoros (Blacsley Como Ltd, L15808/BC). Peak Wealth (Pty) Ltd is listed as "Authorized" in the FSCA register; the Belize record could not be verified because the register could not be read. The Anjouan registration is an offshore company registration, not a licence from a state regulator. The site does not say clearly which entity serves international clients. The company does not serve residents of the US, Canada, Iran, North Korea, Europe or the United Kingdom. It offers forex, share, commodity, cryptocurrency, ETF, bond and index CFDs through WebTrader and Android and iOS apps; its help centre gives the minimum deposit as 100 USD. This information is the company's own statement. In bulletin 2023/39 of 13.07.2023, Turkey's Capital Markets Board (SPK) decided to file a criminal complaint against the content providers of websites with the "xtrade" extension for unauthorised capital markets activity, and in bulletin 2025/32 of 30.05.2025 it decided to take legal action to block access to the social media accounts of the XTrade platform and to the Xtrade apps on Google Play and the App Store.

Account Details

ACCOUNT TYPESNot stated
MIN. DEPOSIT100 USD
PLATFORMSWebTrader · Android app · iOS app
PRODUCTSForex · Shares · Commodities · Cryptocurrencies · ETFs · Bonds · Indices
LEVERAGENot stated

Licences and regulation

FSCA (South Africa)

Licence no.FSP 44681
Licence holderPeak Wealth (Pty) Ltd
ScopeFinancial services provider (FSP) licence; listed in the FSCA register under PEAK WEALTH (PTY) LTD with status "Authorized".
StatusVerified

FSC (Belize)

Licence no.4705379
Licence holderXtrade International Ltd
ScopeThe company states that Xtrade International Ltd is licensed by the Belize Financial Services Commission (4705379). The record could not be verified because the FSC Belize register could not be read.
StatusPending verification

User complaints

User reports found online are classified by topic. The charts show how reports are distributed.

Period reviewed: March 2019 – September 2026

  • Account / trading conditions: 35
  • Withdrawal / payment: 25
  • Other: 7
  • Customer support: 4
  • Bonus / promotion: 4
  • Identity verification: 2

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on Xtrade's Trustpilot page (42), WikiFX (22) and Şikayetvar (13) records as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Xtrade name are left out. Across the complaints, allegations that accounts were wiped out in trades opened on account managers' instructions and that clients were pressed to deposit more, along with complaints about blocked withdrawals, stand out.

Sources and verification history

Official company sourcesxtrade.com — homepage and legal footer, About us, Licenses & Regulations, Payment options, help centre (minimum deposit)
Regulator recordsFSCA — PEAK WEALTH (PTY) LTD, FSP 44681, Authorized (fsca.co.za) · FSC Belize — Xtrade International Ltd, licence 4705379 (company statement; the register could not be read) · SPK — bulletin 2023/39 (criminal complaint), bulletin 2025/32 (access block) (spk.gov.tr)
Company registerPeak Wealth (Pty) Ltd, South Africa company no 2013/007163/07 · Xtrade International Ltd, Belize company no 000007984 · Blacsley Como Ltd, Anjouan company no 15808 (company statement)
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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