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Score

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/10

XIG Markets

Vanuatu|2-5 years| Benchmark A|
Suspicious Regulatory License|White label MT4|Regional Brokers|High potential risk|

http://xigmarkets.com

Website

Rating Index

Benchmark

Benchmark

A

Average transaction speed (ms)

527.8

MT4/5

White Label

XIGLimited-Demo

Singapore
MT4
2

Influence

D

Influence index NO.1

Malaysia 2.52

Benchmark

Speed:A

Slippage:AAA

Cost:AAA

Disconnected:AA

Rollover:D

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
XIGLimited-Demo MT4
Server Location Singapore

Influence

Influence

D

Influence index NO.1

Malaysia 2.52

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

(+44) 020 3289 4388
Support@xigmarkets.com
http://xigmarkets.com
Govant Building, BP 1276, Port Vila, Vanuatu

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

Contact number

English

(+44) 020 3289 4388

Broker Information

More

Company Name

XIG Limited

Company Abbreviation

XIG Markets

Platform registered country and region

Vanuatu

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

XIG Markets · Benchmark
Average transaction speed(ms)
527.8
The highest transaction speed(ms)
234
The highest speed of opening positions(ms)
250
The highest speed of closing position(ms)
234
The lowest speed of opening positions(ms)
1687 Good
The lowest speed of closing position(ms)
1250 Good
Ranking: 75 / 133
Test user 220
Orders 67,325
Ocuppied margin $314,121 USD
Data Source WikiFX Data provide
Updated: 2024-04-18 01:04:SS

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XIG Markets · Company Summary

General Information & Regulation

XIG Markets is a Vanuatu-registered forex brokerage, owned and operated by XIG Limited. It provides the MetaTrader 4 platform and а wide range of trading options.

However, it is unsafe to trade with this broker as it is not subject to any regulation.

Markets Instruments

Tradable financial instruments available on the XIG Markets platform include forex currency pairs, indices, options, stocks.

Minimum Deposit

XIG Markets does not indicate its minimum initial deposit. Still, have in mind that most brokers require an initial investment of about 250 USD, while some big players even do not have a minimum deposit requirement at all.

Leverage

The maximum leverage allowed with XIG Markets is higher than the levels, current restrictions impose on many regulated markets like the EU, the USA or Japan. And still, taking in to account that higher leverage means higher risk.

Spreads & Commissions

In terms of spreads and commissions, XIG Markets does not make this part clear. Unregulated brokers love to hide their real trading fees to scam traders.

Trading Platform Available

XIG Markets offer a web based trading platform for their binary options trade and a MetaTrader4 for forex and CFD trade. MT4 is a very practical trading solution – light and intuitive, it features user friendly charting tools, lots of market indicators and the option to support automated trading sessions with the help of specially designed, customizable trading robots.

No Demo Account

Although XIG Markets gives you the option to download MetarTrader4, no demo account is available for traders to check their trading conditions.

Deposit & Withdrawal

The supported payment methods are the standards Visa and MasterCard, e-wallets such as Skrill, Neteller and PerfectMoney, as well cryptocurrencies such as Bitcoin and Ethereum.

News

XIG Markets is now known as Xsocio Markets

NewsXIG Markets is now known as Xsocio Markets

2021-12-16 13:00

XIG Markets is now known as Xsocio Markets

WikiFX
2021-12-16 13:00
News
XIG Markets is now known as Xsocio Markets

User Reviews

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User comment

3

Comments

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Yuri2
6-12months
I recently started trading with XIG Markets, and I must say I'm pleasantly surprised by their service and support. The team is incredibly friendly and professional, always ready to assist and provide the explanations you need.
2024-02-06 17:38
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0
0
北极狼
more than one year
SCAM! I was stuck with XIG Markets for over two months! No recommendation for them, if I could give 0 star, I would, started with 250 USD ended up getting stuck after multiple deposits totaling 1,000 USD!
2022-12-13 14:51
Reply
0
0
FX1117209893
more than one year
They have run! These ********!!! They disappeared with my $2000, leaving me nothing, no reasons, no explanation. I was so foolish!Why I believed these liars?!
2022-12-08 18:34
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0
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