
Broker XGlobal Markets Ltd was launched in 2012. The company was registered in Cyprus. The head office is located at 162 Fragklinou Rousvelt, 1stFl. 3045, Limassol, Cyprus. It is an STP broker, providing a decent speed of execution of trade orders and providing access to trading highly liquid assets. The company adheres to a unified approach to all types of clients: for both legal entities and individuals, the company provides a unified account with flexible trading conditions.
Products and services
XGlobal Markets provides 40 currency pairs for trading, energy trading, indices and precious metals futures. Additionally, we can note the absence of restrictions on the number of open positions and the ability to use helpers. Scalping, hedging and news trading are allowed.
Asset security
According to the information on the official website, "client funds are kept in separate accounts with reputable European financial institutions." Also, according to directive DI144-2007-01 "On the conditions for the conduct of activities of Cyprus investment companies", companies are required to take all necessary measures to separate client funds and company funds and place them in different accounts. In addition, the broker is a member of the Investor Compensation Fund, which means that clients can claim compensation if the company is unable to fulfill its obligations.
Accounts and currencies
There are two types of accounts available to clients: STP and ECN. Account currencies USD, EUR, JPY, GBP. A DEMO account is available for clients.
Minimum deposit
The deposit starts from $ 500. It is worth noting that this is a very high entry threshold for a broker of this level.
Spreads and commissions
Spreads start from 1 pip. Upper limit 3.
Leverage
up to 1: 200 for trading currencies and up to 1:50 for precious metals
Trading platforms
XGlobal Markets offers its clients to use the popular MetaTrader4 platform for trading, with several modifications.
Classic version for Windows. Modified version for Mac OS X. Version for smartphones based on Android or iOS. And the version of the trading platform for tablets is specially optimized for touchscreens.
Support service
You can contact the support service by phone or e-mail indicated on the broker's page. Also, an account administrator is assigned to each client, who promptly answers questions.
Reviews of traders
We could not find any positive feedback on the company's work.
viktor196507.10.2019
I regard XGLOBAL Markets' actions as fraudulent. I am asking for my money back from March 2019, but they are no longer responding.
Viking3006.06.2019
One short word for this company: SCAM !!!! They disappeared along with my money.
vanaol10.05.2019
Guys, I was here yesterday and today decided to climb on the forums, so to speak, to see the opinion of people. I just got worried ... stop orders do not work, often, well, $ 2,000 are lying and waiting for XGLOBAL Markets to descend and give them to me ... Well, I think anything can happen ... it's just a long time already - I was alerted by reading the forums
I realized that this is taking place, people are complaining .. who else will say what?
Andrey 03/15/2019
The problem of withdrawal has been discussed a thousand times. Why trade with this "company" at all? Find yourself a decent broker.
Vladislav06.02.2019
The main problem is to withdraw money. Large amounts are not given - you have to withdraw slowly in small parts. I don't like it at all.
Maxim22.01.2019
Constant problems with the withdrawal of funds, this is not the first time I come across. You start to swear, they carry out a full check, they demand scans of the passport, they almost don't climb into the ass. And even after all the documents provided, sticks in the wheels are pushed, up to blocking access to your personal account.
Pros:
a wide range of investment instruments; activity is licensed; clients have the right to receive compensation in the event of the company's bankruptcy; scalping, automated assistants and news trading are allowed.
Minuses:
high minimum deposit for opening an account; complete lack of analytics and training materials; a limited number of ways to withdraw and deposit funds; a large number of negative reviews.
FAQ - BROKER QUESTIONS XGLOBALMARKETS
- Do trader reviews affect the rating of XGLOBALMARKETS?
- How to leave a review about XGLOBALMARKETS on the ita.promo website?
To leave a review about the broker, scroll down the page, enter a valid email and your review with an overall rating. Reviews are moderated and tracked by the number of comments left from one IP or email. The site's technical support may request real documents proving that the user was or is a client of the broker. This rule applies to both negative and positive reviews. We want our portal to be honest and independent.
- Can the broker XGLOBALMARKETS be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. XGLOBALMARKETS received a rating of 1 out of 5 on our resource.







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