For bypassing Xtrap i use Cheat Engine and it works great. Here is their site and you can download it there for free.
http://www.cheatengine.org/
Once you download it, open it and click Settings in the top right corner of the program.
1. Under General Settings check all off the boxes except the boxes under Address list specific.
2. Under Scan Settings check the boxes "Enable Hyperscan when possible", "MEM_PRIVATE", "MEM_IMAGE", and "Run scan in seperate thread".
3. Under File Associations no checks should be placed in any of the boxes.
4. Under Plugins nothing should be done.
5. Under Code Finder "Use Debug Register" and "Try to prevent detection of the debugger" should be checked.
6. Under Assembler "Show disassembler", "Show debugger options", "Use hardware breakpoints (Max3)", "Repace incomplete opcodes with nops", "Ask for replace with nop", and "Try to prevent detection of the debugger" should be checked.
7. Under Extra "query memory region routines", "Use kernelmode debugger options when possible", and "Stealth mode (Kernelmode)" should be checked.
After starting this program and launching Scions of Fate Xtrap will pop up for about 20 seconds or so saying that some features can't be used (just ignore it) and then it will dissapear and there you have it....Xtrap Bypass.