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XEROMARKETS Forex Broker keeps up-to-date with the latest trading account information, including XERO ECN, XERO REGULAR, XERO XL maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Multiple account types catering to different trading needs
Low minimum deposit requirement starting at $10
Wide range of deposit and withdrawal methods available
Cons
Lack of regulation and oversight, raising concerns about safety
Limited customer support options, with no live chat available
Recent reports suggest the broker may be out of business, affecting trustworthiness
XEROMARKETS broker Accounts
XERO ECN
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
100 USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
XERO REGULAR
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
10 USD
Minimum Spread
0.1 – 2.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
NO
Products
--
XERO XL
Environment
--
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
10 USD
Minimum Spread
from 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
NO
Products
--
XeroMarkets Account Type
XeroMarkets offers three different types of trading accounts to cater to various trading needs:
- Xero Regular Account
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Spread: Starts from 1.3 pips
- Commission: No commission fees; traders only pay the spread.
- Execution Model: Likely employs a market maker or straight-through processing (STP) execution model.
- Xero ECN Account
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Spread: Starts from 0.0 pips
- Commission: $7 per lot traded.
- Execution Model: Utilizes an electronic communication network (ECN) execution model.
- Xero XL Account
- Minimum Deposit: $10
- Maximum Leverage: 1:3000
- Spread: Starts from 1.0 pips
- Commission: $5 per lot traded.
- Execution Model: Similar to the Xero ECN account with potentially tighter spreads.
- Visit the Registration Page: Go to the official XeroMarkets website.
- Choose Account Type: Select the type of account you wish to open (Regular, ECN, or XL).
- Select Your Country: From the dropdown list, choose your country of residence.
- Provide Personal Information: Enter your phone number and other required personal details.
- Agree to Terms: Read and confirm that you understand and agree to all terms and conditions by checking the appropriate box.
- Submit Registration: Click the “Register” button to complete your account opening process.
XeroMarkets Broker Account Opening Process
To open an account with XeroMarkets, follow these steps:
Once your account is opened, you can fund it and start trading.
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XEROMARKETS accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 100 USD by (2+) --.