XE Trader
XE Trader is a new binary options trading platform that claims to offer a large variety of features for all levels of traders. However, at first glance, the system is too detailed for new traders and will only service seasoned traders. The initial investments start at $200 and increase, depending on which broker you chose to open your account. However, before you sign up for any trading system, it is recommended to find out if it is trustworthy or not. The following review will provide detailed information on the accuracy of XE Trader.
Basic information:
Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations
Pros:
- Fully automated
- Offers a variety of trading assets
Cons:
- Brokers are not registered
- Website does not give info as to how the system predicts its traders
- Lack of substantial information on the company
- Customer services is unreachable
7BO Verdict:
Not Reliable Service
What is XE Trader?
XE Trader was basically designed as an update and improvement to Optionbot 2.0, which is a popular trading system. The creators of XE Trader claimed to have made vast improvements on the original site without compromising the integrity of the system while adding in multiple new and advanced features. The video shows a number of testimonials from traders who have supposedly used the XE Trader system and while their reviews seem to be good, we have yet to see any substantial evidence as to the validity of this trading platform.
Screenshot
How to Access?
XE trader can be accessed online or on mobile devices. The signup process is very simple, as with most trading systems. You simply need to open an account with one of their recommended brokers. Then you must make a deposit of $200 or greater to get started. This varies according to the broker of your choice. You must use one of their brokers to open an account. Then you set your parameters and allow the system to make trades on your behalf. Once you earn a profit, you may withdraw your earning according to the policies set forth by your broker.
However, upon our investigation, we found out that none of their brokers are regulated. Also, we are not given any insight as to how XE Trader actually determines its trades. Due to these two facts, we feel that this system leaves a lot to be desired.
Is XE Trader a Scam?
While we cannot say with 100% accuracy that XE Trader is a verified scam, we do cannot in good faith endorse this trading system. We were unable to get an honest and timely response from their support team via phone or email and we have seen far too many reviews saying that traders did not earn anywhere near the profits promised on the sales page. We recommend that you opt for a more reliable system.
Final Conclusion
As of this writing, we cannot recommend XE Trader as it has not yet yielded any positive results. Traders are not only complaining that they are not earning a profit, they are stating that they have lost their initial investment and were not able to get a hold of customer service. We have seen far too many negative reviews to give this product our blessing. We advise that you sign with a more trustworthy system. If you do decide to use this automated trading system, we advise that you proceed with caution.
Recommended Brokers:
Min. Invest | Min. Deposit | Max. Returns | ||||
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![]() ![]() | $1 | $10 | 92% | ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
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![]() ![]() ![]() | $1 | $10 | 91% | ![]() ![]() ![]() ![]() ![]() |
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![]() ![]() | 100% | $10 | 92% | ![]() ![]() ![]() | ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() | $1 | $10 | 91% | ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
7 Binary Options review: XE Trader: stars.