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Global Broker Regulation & Inquiry App
No Regulation
Score
0123456789
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0123456789
/10
Markets Xchange
Marshall Islands|5-10 years| Suspicious Scope of Business|High potential risk|
https://marketsxchange.com/
Website
Rating Index
Contact
41315087479
info@marketsxchange.com
https://marketsxchange.com/
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
41315087479
Other ways of contact
Broker Information
More
Company Name
Zurix Corporation Ltd
Abbreviation
Markets Xchange
Platform registered country and region
Marshall Islands
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-07-27
- 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
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | 50000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | 10000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | 3000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | 1000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | 100000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
Platform Capital Ratio
--% 
-- --
100%--% 100%
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Markets Xchange · Company Summary
Note: Since Markets Xchanges official site (https://marketsxchange.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Markets Xchange, a trading name of Zurix Corporation Ltd, is allegedly a suspicious regulated and blacklisted forex and CFD brokerage registered in the Marshall Islands that claims to provide its clients with a wide variety of tradable assets with leverage up to 1:500 on the Exchanger and MetaTrader4 trading platforms, as well as a choice of five different live account types.
Market Instruments
Markets Xchange advertises that it offers a wide range of currency pairs and various CFDs on indices, commodities, stocks and 10+ cryptocurrencies.
Account Types
There are five live trading accounts offered by Markets Xchange, namely Go Start, Premium, Pro, Be Trader and Unlimited. Opening a Go Start account requires the minimum initial deposit amount of $1,000, while the other four account types have much higher minimum initial capital requirements of $3,000, $10,000, $50,000 and $100,000 respectively. This broker also claims to offer its clients a Promotion account with no minimum deposit requirement.
Leverage
A leverage ratio of up to 1:500 is offered by Markets Xchange, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Trading Platform Available
Platforms available for trading at Markets Xchange are Exchanger and MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
Markets Xchange says to work with numerous means of deposit and withdrawal choices, consisting of credit/debit cards like Visa and MasterCard, bank wire and e-wallets such as Neteller, as well as the cryptocurrency of Bitcoin. The minimum deposit requirement is said to be $1,000 and the minimum withdrawal amount is $100.
Customer Support
Markets Xchanges customer support can be reached by telephone: 41315087479, email: info@marketsxchange.com, support@stoxmarket.com. Company address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands.
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