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Score

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/10

XC Market

Saint Lucia|1-2 years|
MT5 Full License|Regional Brokers|High potential risk|

https://www.xcmarket.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
XCMarket-Server MT5
Server Location United Kingdom

Contact

+971 502082543
support@xcmarket.com
https://www.xcmarket.com/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet,Saint Lucia

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

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-07-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

XC Market · WikiFX Survey

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XC Market · Company Summary

XC Market Review Summary
Registered Country/Region Saint Lucia
Regulation No Regulation
Market Instruments Forex, Stocks, Commodities, Cryptos
Demo Account Yes
Leverage N/A
Spread N/A
Commission N/A
Trading Platform MT5
Minimum Deposit N/A
Regional Restrictions USA, EU member countries, Iceland, Liechtenstein, Norway
Customer Support 24/5 - Contact Form, Social Media: X, Facebook, Instagram, Pinterest, Email: info@xcmarket.com, Tel: +97143239950
Company Address Office Number 1406 B, Latifa Building, Shiekh Zayed Road, Dubai

What is XC Market?

XC Market is a broker based in Saint Lucia. However, it currently holds no regulations.

XC Market's homepage

Pros & Cons

Pros Cons
  • MT5 Supported
  • Strict Regional Restrictions
  • Demo Accounts Available
  • No Regulation

Pros:

  • MT5 Supported: XC Market provides access to the MetaTrader 5 (MT5) trading platform, offering advanced trading tools, technical analysis features, and a user-friendly interface.

  • Demo Accounts Available: Traders have the option to open demo accounts with XC Market, allowing them to practice trading strategies, explore the platform's features, and familiarize themselves with the financial markets without risking real money.

Cons:

  • Strict Regional Restrictions: XC Market imposes strict regional restrictions, limiting access to its services based on geographical locations.

  • No Regulation: The lack of regulatory oversight can be a concern for some traders, as it poses risks related to fund security, transparency, and fair trading practices.

Is XC Market Legit or a Scam?

  • Regulatory Sight: XC Market is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

  1. Forex: Trade major, minor, and exotic currency pairs in the foreign exchange market.

  2. Stocks: Invest in a variety of publicly traded stocks from global markets.

  3. Commodities: Access commodity markets to trade precious metals like gold and silver, energy products such as crude oil and natural gas, as well as agricultural commodities like wheat and corn.

  4. Cryptos: Engage in cryptocurrency trading with popular digital assets like Bitcoin, Ethereum, and Litecoin.

Market Instruments

Trading Platform

XC Market provides the MetaTrader 5 (MT5) trading platform with the following features.

  1. Advanced charting tools: Analyze price movements with a variety of technical indicators, chart types, and drawing tools.

  2. Market analysis: Access real-time market news, economic calendars, and analysis tools to make informed trading decisions.

  3. Order execution: Execute trades quickly and efficiently with one-click trading and multiple order types, including market orders, limit orders, and stop orders.

  4. Algorithmic trading: Develop, test, and deploy automated trading strategies using the built-in Expert Advisors (EAs) and MQL5 scripting language.

  5. Multi-asset trading: Trade a diverse range of financial instruments, including forex, stocks, commodities, and cryptocurrencies, all from a single platform.

  6. Mobile trading: Stay connected to the markets and manage your trades on the go with the MT5 mobile app, available for both iOS and Android devices.

MT5

Customer Support

  1. Social Media: XC Market is active on multiple social media platforms, including Facebook, Instagram, and Pinterest.

  2. Email Support & Contact Form: Traders can contact XC Market via email at info@xcmarket.com or via a contact form for assistance with account-related queries, technical issues, or general inquiries.

  3. Telephone Support: XC Market provides telephone support via the contact number +97143239950.

  4. Office Address: The company's physical office is located at Office Number 1406 B, Latifa Building, Sheikh Zayed Road, Dubai.

Contact info

Conclusion

XC Market is a broker that supports demo accounts and MT5. However, the regional restrictions are strict and this broker has no valid regulations.

Frequently Asked Questions (FAQs)

Question: Can I use a demo account to practice trading?

Answer: Yes.

Question: Does it support MT4/5?

Answer: Yes, it does support MT5.

Question: Is XC Market regulated or not?

Answer: No, it is not regulated.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

Broker Information

Company Name

XC Market

Abbreviation

XC Market

Regulatory Status

No Regulation

Platform registered country and region

Saint Lucia

Company website
Company address
  • Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet,Saint Lucia

  • Garden Tower, 13 Diego Garcia Street, Port Louis, Mauritius

  • Clarendon Towers, 173 Clarendon St, Melbourne Victoria, Australia

  • Office Number 1406 B, Latifa Building, Shiekh Zayed Road,Dubai

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@xcmarket.com

Company Summary

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