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FAQ

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Dear trader,

We are more than happy to assist with your inquiries.
Please find answers to frequently asked questions below.

If your question doesn't get answered, don't hesitate to contact us.

  • WHO CAN BECOME A FUNDED TRADER?
    Everyone with a strong desire for success! XLTRADE offers a unique opportunity for all those who strive for the ultimate freedom, independence and autonomy that comes with successful trading.
  • HOW TO GET A FUNDED ACCOUNT?
    As we provide substantial capital + we cover the losses you need to pass the XLTRADE evaluation.
  • WHAT IS THE HIGHEST AMOUNT I CAN GET FUNDED?
    You can get accounts up to $ 5.0 Million.
  • HOW CAN I BECOME AN XLTRADE ELITE TRADER?
    If you trade successfully on a One Million Dollar Account you will become an XLTRADE Elite Trader. Then we provide you access to capital that has virtually no limits to the upside.
  • HOW CAN I GET TO THE ONE MILLION DOLLAR LEVEL?
    You can start the evaluation with the USD 1 MIO LITE account or step up on our sophisticated scaling plan (The One Million Dollar Experience).
  • WHAT DOCUMENTS DO I NEED TO SUBMIT?
    Prior the first profit withdrawal, you will be requested to submit a proof of ID and address.
  • WHY IS THERE A SETUP FEE?
    You don't need to pay a fee for a funded account. You only pay for the efforts of the evaluation (assessment fee). The fee relates to the account size (one-time fee). There are no recurring fees.
  • DO I GET A REFUND OF THE SETUP FEE?
    Yes, you will get a full refund of the setup fee (assessment fee) in the event of success.
  • CAN I GET FUNDED WITHOUT EVALUATION?
    Yes, no evaluation, no set-up fee, 100% profits. www.xltrade-ama.net
  • HOW LONG IS THE EVALUATION?
    In the event of impeccable results, the evaluation can be completed in just 30 calendar days.
  • WHAT ARE THE EVALUATION CRITERIA?
    Performance target 10%, maximum drawdown 10%, reasonable risk management.
  • WHAT IS A PERFORMANCE CYCLE?
    A performance cycle starts from the day you have commenced trading and spans over 30 calendar days.
  • WHAT IF I DON'T ACHIEVE THE PERFORMANCE TARGET?
    If you remain above the start balance but don't achieve the performance after 30 calendar days, you will get a free repeat of the evaluation (no fees apply).
  • ARE THERE MINIMUM TRADING DAYS?
    We don't have minimum trading days but in order to pass you must demonstrate reasonable risk control over the period (Risk management is the key measure of the evaluation. Proper risk management takes precedence over performance).
  • WHAT MARKETS CAN I TRADE?
    You can trade Equity Indices Stocks Forex Cryptos Metals Oil Commodities.
  • ARE THERE ANY TRADING RESTRICTIONS?
    There are no trading restrictions. You trade your style that suits you best.
  • ARE THERE ANY LOT SIZE RESTRICTIONS?
    There are no lot size restrictions.
  • WHAT IS THE LEVERAGE I CAN UTILIZE?
    The maximum leverage you can exploit is x500.
  • CAN I UTILIZE EA's OR TRADING ROBOTS?
    You can use any trading automation that suits you best.
  • DO I NEED TO COVER LOSSES?
    No, we cover the losses (if any).
  • CAN I GET AN XLTRADE DEMO ACCOUNT?
    Yes, you can get an XLTRADE Demo Account and trade on our unsurpassed trading conditions. Lowest spreads in the industry Fastest execution Ultra-low commissions GET AN XLTRADE DEMO ACCOUNT
  • WHAT TRADING APPLICATION DOES XLTRADE UTILIZE?
    We utilize the most advanced MetaTrader 5 trading platform (MT5). The basic trading functionality is similar to MT4. Any popular EA's are redeveloped for MT5. You get a free easy to use MT5 Position Size Calculator.
  • WHAT IS THE TRADING PLATFORM?
    We utilize the most advanced MetaTrader 5 platform.
  • WHAT IS MY PROFIT SHARE?
    You retain 90% of the profits from your trading.
  • WHAT IS THE PROFIT PAYOUT FREQUENCY?
    You can request a profit payout every Friday, EOD (in full or in part).
  • HOW DO I RECEIVE MY PROFITS?
    You will receive your profits via bank wire and crypto.
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