According to research in South Africa, Xtrade is an Australian company founded in 2003 with headquarters in Melbourne, Victoria. Xtrade is the operating body of Xtrade.AU Pty Ltd. with an Australian Financial Services license. The broker is regulated by the Australian Securities and Investments Commission.The broker keeps client funds in separate accounts which can only be used for trading activities in addition to being withdrawable by clients at any given time. The funds are kept in top-rated international banks.