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/10

XSocio Markets

Saint Vincent and the Grenadines|5-10 years|
MT4 Full License|Regional Brokers|High potential risk|

https://xsocio.com

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

XIGLimited-Demo

Netherlands
MT4
2

Influence

C

Influence index NO.1

Germany 4.01

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
XIGLimited-Demo MT4
Server Location Netherlands

Influence

Influence

C

Influence index NO.1

Germany 4.01

Surpassed 53.80% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

(+44)020 3289 4388
support@xsocio.com
https://xsocio.com
Suite 305, Griffith Corporate Centre, P.O.Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines

Licenses

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

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
XSocio Markets

Contact number

English

(+44)020 3289 4388

Broker Information

More

Company Name

XSocio Markets Ltd

Company Abbreviation

XSocio Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-05-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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XSocio Markets · Company Summary

Note: XSocio Markets official site - https://xsocio.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation unregulated
Market Instrument Forex pairs, indices, and commodities
Account Type Rookie, Micro, Pro, Copytrade, Scalpx, and PAMM
Demo Account N/A
Maximum Leverage 1:2000
Spread Vary on the account type
Commission Vary on the account type
Trading Platform MT4
Minimum Deposit $1
Deposit & Withdrawal Method FasaPay, FPX, PayTrust, Skrill, NETELLER, VISA/MASTERCARD

XSocio Markets, a trading name of XSocio Markets Ltd, is a forex broker registered in Saint Vincent and Grenadines under 24611 IBC 2018. It claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:2000 and floating spreads from 0.0 pips on the MT4 trading platform via 6 different live account types.

XSocio Markets is not subject to any regulation. Since unregulated brokers cannot guarantee the safety of client funds, So traders are not advised to trade with this broker. Please be aware of the risk.

General Information & Regulation

Note: The screenshot date is January 13, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Investors can trade Forex pairs, indices, and commodities with XSocio Markets.

Account Types

XSocio Markets offers six different account types: Rookie & Micro (minimum deposit of $1), Pro & Copytrade (minimum deposit of $10), and Scalpx & PAMM (minimum deposit of $50).

Leverage

Trading leverage varies depending on the account type. The maximum trading leverage is 1:1000 for Rookie and Micro accounts, while 1:2000 for the other account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Spreads and commissions with XSocio Markets are scaled with the accounts offered. For example, clients on the Rookie and Scalpx accounts can enjoy spreads from 0.0 pips but have to pay a commission of $3 per lot, while the other account type holders can experience spreads from 1.6 pips without commission.

Trading Platform Available

XSocio Markets provides traders with the world's leading and most powerful MT4 trading platform. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

XSocio Markets supports traders to deposit and withdraw funds through various methods, including FasaPay, FPX, PayTrust, Skrill, NETELLER, and VISA/MASTERCARD. The minimum initial deposit requirement is just $1. FasyPay and Skrill are subject to a fee charged by the providers for withdrawing funds.

Customer Support

XSocio Markets customer support can be reached by telephone: (+44)020 3289 4388, email: support@xsocio.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Suite 305, Griffith Corporate Centre, P.O.Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Pros & Cons

Pros Cons
• Multiple trading assets, account types and payment methods • No regulation
• Low minimum deposit (USD 1) • Website inaccessible
• MT4 supported

Frequently Asked Questions (FAQs)

Q 1: Is XSocio Markets regulated?
A 1: No. It has been verified that XSocio Markets currently has no valid regulation.
Q 2: Does XSocio Markets offer the industry-standard MT4 & MT5?
A 2: Yes. XSocio Markets supports MT4.
Q 3: What is the minimum deposit for XSocio Markets
A 3: The minimum initial deposit at XSocio Markets to open an account is just $1.
Q 4: Is XSocio Markets a good broker for beginners?
A 4: No. XSocio Markets is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

News

XSocio Markets Review

NewsXSocio Markets Review

2021-12-16 13:48

In this review, we will describe why XSocio Markets is a scam that you should avoid at all cost !

WikiFX
2021-12-16 13:48
News
XSocio Markets Review

User Reviews

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4

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燕965
more than one year
This company was recommended to me by a friend. I didn't know this company before, so I was sceptical right away. After testing it for 6 months, I can recommend it to other traders and I can write a positive review. The trading conditions are great. Good order execution. Quality service.
2023-02-27 18:17
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0
0
Eddie 艾迪.芬曼
more than one year
I think the business conditions of the company are good, but it's a pity that they don't provide services in Spanish... After all, Spanish is not a minority language, I would say. I will choose those companies that offer my native language.
2022-11-30 18:15
Reply
0
0
A衍飘
more than one year
Has XSocio Markets' official website changed? Why does the website I entered automatically jump to another website, and the interface that appears is also the name and logo of another broker? Did they change their names? Or do they clone other broker's website?
2022-11-28 15:04
Reply
0
0
more than one year
Everything on the XSOCIO Markets platform is so good and fine. Professional and responsible customer support, support with 24/7, instant deposit, and fast withdrawal below average 3 hours. Recommend this broker!
2022-11-28 11:51
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0
0
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