advertise Blank

XGlobal Markets Reviews and User Ratings

Add to compare
  • Overview
  • Information
  • Video
  • Specification
  • Review score

XGlobal Markets General Information


Broker Name
XGlobal Markets
Established
2001
Country
Cyprus
Min Deposit
$1
Max Leverage
1:200
Regulation
FCA, CySEC, MiFID, CNMV
Email
info@xglobalmarkets.com
Telephone
+357 25 560055
Fax
+357 25 560202
Website Language
English, Chinese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Skrill, Neteller, Maestro
Withdraw Options
Credit Cards, Debit Cards, Skrill, Neteller, Maestro

back to menu ↑

Description


XGlobal Markets Background

XGlobal Markets, owned by Cyprus-based firm, XGlobal Markets Ltd. is a highly-regulated forex broker. XGlobal Markets is regulated by CNMV, CySec,MiFID and the FCA, ensuring that all actions made by the firm are under careful watch and in turn keeping all client funds safe from any fraudulent activities. XGlobal Markets is led by a team of Forex veterans that have been around the industry long enough to know how Forex Trading should be. Hence, XGlobal Markets follows a true STP model that is then connected to an ECN environment that processes all client trade. One’s initial impression of XGlobal Market’s website is that it is relatively simple and clean, which reflects how the broker does its business. Instead of going for extravagant web design and cluttering their homepage with all sorts of statistics and doodads, XGlobal Markets decided to get right down to business. This attitude is readily apparent in their highly-accommodating support staff that makes traders feel like they are the only client that they handle.

Features of XGlobal Markets

The most impressive feature of XGlobal Markets is their fairness in having only one type of account, a universal account, which means all traders, whether they are considered as newbies or as whales in the forex trading business, they will still be allowed to access all features and promotions offered by the broker. XGlobal Markets offers a total of 45 currency pairs and trading in precious metals. The broker boasts of having no minimum deposit requirement and $0 in commissions as well as having no swaps or requotes. In addition, XGlobal Markets also has a highly-versatile trading platform in the MetaTrader4, which has also been adapted to all mobile platforms.

Conclusion

Overall, XGlobal Markets is a relatively simple forex broker, however this simplicity is not a cause of concern, instead its simplicity makes it easier for traders to do business with this broker without any of the usual shenanigans of other brokers.

back to menu ↑

Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
back to menu ↑

Pros and Cons


PROS:
  • Universal Account type = no discrimination
  • No minimum deposit requirement
  • No commissions
  • No requotes
  • Multiple versatile platforms
CONS:
  • Erratic Spreads
  • Plain Website
back to menu ↑

Account Type


  • Minimum Account Size: $1
  • Spread: Low/ Variable
  • Trading Instruments: Forex, Gold & Silver
  • Trading Platforms: MT4, Iphone & Ipad App, Android App

back to menu ↑

XGlobal Markets Review Score


XGlobal Markets Reviews and User Ratings
7.7 Total Score
4 reviews
Add your review
Web Design
8.0
Reliability
7.5
Platform
8.0
Customer Support
7.0
Withdrawal
8.0
Broker Name
XGlobal Markets
Established
2001
Country
Cyprus
Min Deposit
$1
Max Leverage
1:200
Regulation
FCA, CySEC, MiFID, CNMV
Email
info@xglobalmarkets.com
Telephone
+357 25 560055
Fax
+357 25 560202
Website Language
English, Chinese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Skrill, Neteller, Maestro
Withdraw Options
Credit Cards, Debit Cards, Skrill, Neteller, Maestro
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
XGlobal Markets Reviews and User Ratings
7.7 Total Score
4 reviews
Add your review
Web Design
8.0
Reliability
7.5
Platform
8.0
Customer Support
7.0
Withdrawal
8.0

Subscribe to Receive Notifications

Get Notified With Good Content and Promotion

4 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Barbara Laden
    May 8, 2016 at 12:00 pm
    2.3
    Web Design
    50
    Reliability
    40
    Platform
    50
    Customer Support
    40
    Withdrawal
    50

    XGlobal Markets advertises themselves as an ECN broker that allows all trading strategies but they act like a Market Maker and the fact that I have already been emailed regarding my “suspicious trading techniques” shows that all their promises are complete bull.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Vladmir Gorbachev
    July 6, 2015 at 7:26 am
    4.8
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    80
    Withdrawal
    100

    Honestly, whenever I see tight spreads on ads by various brokers I usually just shrug them off, but when I saw XGlobal Markets offers of charging no commission fees paired with competitive spreads, I immediately fell in love. They just know how to lure in potential traders and they damn well know how to keep them.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    HakunaMatata05
    May 18, 2015 at 10:48 am
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    I love how XGlobal Markets treats all their traders equally, whether you are a struggling beginner or an experienced broker, their support staff treats you like you are a whale. Moreover, all traders receive the same benefits regardless of whether it’s a micro account or a VIP account.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    TradingEinstein
    October 7, 2014 at 12:51 pm
    3.3
    Web Design
    70
    Reliability
    60
    Platform
    70
    Customer Support
    60
    Withdrawal
    70

    XGlobal Markets is a fairly stable and reliable ECN broker that most traders would want to do business with. I just find them to be too generic for my liking. None of their services are unique or identifies them from all the other repackaged brokers out there.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

Your total score

Login/Register access is temporary disabled
Compare items
  • Forex Broker (0)
  • Binary Options (0)
Compare
0