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XCM Markets

Saint Vincent and the Grenadines|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.xcinvesting.com/

Website

Rating Index

Contact

+359 87 822 8123
support@xcinvesting.com
https://www.xcinvesting.com/
First Floor, First St. Vincent Bank Ltd Bulding, James Street, Kingstown, St. Vincent and Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

XCM Markets · WikiFX Survey

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XCM Markets · Company Summary

Basic Information
Registered Countries Saint Vincent and the Grenadines
Regulation No License
Minimum Deposit N/A
Maximum Leverage 1:400
Minimum Spread 3 pips on the EUR/USD pair
Trading Platform N/A
Demo Account Available
Trading Assets Forex, Precious Metals, Indices, Stocks
Payment Methods N/A
Customer Support Telephone, Email support

General Information

XCM Markets is an offshore broker registered in Saint Vincent and the Grenadines, giving their clients access to a series of trading instruments. With the XCM Markets platform, four types of trading accounts are provided, namely Standard, Gold, Platinum and VIP accounts, with the minimum deposit required by each account not disclosed.

XCM Markets is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.14/10 ( dynamic score). Please be aware of the risk.

wikifx

Account Types

Standard accounts, Gold accounts, Platinum and Elite accounts are available options for both retail and professional clients. However, XCM Markets does not list detailed account features.

Aside from live accounts, demo accounts and Islamic accounts are available too.

account

Spreads & Commissions

With commissions not specified, spreads are determined by trading accounts. Honestly, spreads offered by XCM Markets are pretty wide, with the spread on the EUR/USD pair starting at 4 pips. GBP/USD pair 6 pips.

Leverage

XCM Markets claims to offer a maximum trading leverage up to 1:400, which we could not confirm since we did not get access to any sort of trading platform or even to the client area.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

XCM Markets does not offer clear information about what trading platform it provides.

Payment Methods

Since we could not access the XCM Markets client area, we cannot be sure that all the payment methods the broker mentions on the website would be available. We saw the logos of VISA, MasterCard, Skrill, Neteller, as well as of different banks but with such scam brokers you never know-you might end up being forced to transfer money in a designated deposit method, usually, one that does not allow chargebacks.

Customer Support

If you have any inquiries or trading-related issues, XCM Markets can be reached through the following contact channels:

Telephone: +359 87 822 8123

Email: support@xcinvesting.com

Company Address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and Grenadines.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Flexible trading account options No regulation
High leverage up to 1:400 No MT4 or MT5 trading platform available
No demo accounts available
High spreads offered

Frequently Asked Questions

What trading instruments can I trade with on XCM Markets

XCM Markets offers access to Forex, Precious Metals, Indices, Stocks.

Does XCM Markets offer demo account?

Yes, XCM Markets offers demo accounts.

What is the maximum leverage available?

XCM Markets claims that the maximum trading leverage that can be used is up to 1:400.

Broker Information

Company Name

XCM Markets LLC

Company Abbreviation

XCM Markets

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Phone of the company
  • +359 87 822 8123

Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • First Floor, First St. Vincent Bank Ltd Bulding, James Street, Kingstown, St. Vincent and Grenadines

Linkedin

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WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@xcinvesting.com

Company Summary

User Reviews

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2

Comments

Write a review

冯 阳
more than one year
Even though I don't have a lot of extra cash, I wanted to start trading. I could have, of course, beginning with a demo. I did, but I couldn't wait to change to a real account!
2022-12-12 13:56
Reply
0
0
喔喉!!
more than one year
High spreads on this platform made me lose $890 so far, and they don’t let me withdraw the rest of the money. They treated me very rudely. They are shameless cheaters.
2022-12-07 15:48
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0
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