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Xmarkets

Montenegro|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.xmarkets.com/

Website

Rating Index

Contact

support@xmarkets.com
https://www.xmarkets.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

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Disclosure

Danger

CH FINMA
2019-01-31

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-19
  • 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

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Xmarkets · Company Summary

Note: Since Xmarketss official site (https://www.xmarkets.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Xmarkets, a trading name of Celestial Trading Limited, is allegedly an unregulated, blacklisted, offshore and scam forex broker opened in August of 2017 and registered in Seychelles. The broker claims to provide its clients with various tradable assets on the web-based trading platform.

Market Instruments

Xmarkets advertises that it offers a wide variety of trading products, including CFDs on over 20 forex currency pairs, indices, stocks, futures, commodities, crude oil, binary option, gold and silver.

Trading Platform Available

The platform available for trading at Xmarkets is the web-based trading platform. 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.

Trading

Deposit & Withdrawal

Xmarkets says to work with diverse payment methods, consisting of Visa, Mastercard, Maestro, Neteller, Paysafecard and Wire transfer. The minimum initial deposit requirement for the most basic account is $250. As for the processing time of withdrawal requests, the broker states that it may take up to 14 business days to process.

Fees

Xmarkets also charges an inactivity fee. If the trading account is inactive for more than three months, it will be charged a $50 inactivity fee.

Customer Support

Xmarkets customer support can be reached by telephone: +441515414060 +441515414475, email: support@xmarkets.com. Company address: Global Gateway 8, rue de la Perle, Providence, Mahe, Seychelles.

Broker Information

Company Name

Celestial Trading Limited

Company Abbreviation

Xmarkets

Regulatory Status

No Regulation

Platform registered country and region

Montenegro

Company website
Phone of the company

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Twitter

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Facebook

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Instagram

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YouTube

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Company address

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Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@xmarkets.com

Company Summary

User Reviews

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FX1419977080
more than one year
Trying to access Xmarkets' website, I found out that it no longer loads, leading me to suspect that this is a fraudulent company. It's frustrating to come across such companies that prey on people's trust and money. I hope that others are cautious and do their due diligence before engaging with any investment firms.
2023-03-24 15:33
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