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IXI MARKETS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.iximarkets.com/register, about the company's legal and temporary regulatory information, the company's address First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

IXI MARKETS Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
iXi Markets LLC
Abbreviation
IXI MARKETS
Company employee
--
Customer Service Email Address
backoffice@iximarkets.com
Contact Number
+61 7 3040 8009
Company Website
Company address
First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

VIP ACCOUNT

Minimum Deposit
$20,000

STANDARD ACCOUNT

Minimum Deposit
$500

  

IXI Markets Forex Broker - Complete Information Guide

  

1. Broker Overview

  Company Name and Establishment: IXI Markets LLC was established in 2018, focusing on providing comprehensive trading solutions for forex and CFD traders.

  Headquarters and Main Offices: The company is headquartered in Saint Vincent and the Grenadines, a location known for its favorable regulatory environment for offshore brokers.

  Company Nature: IXI Markets operates as a privately held entity, which allows it to maintain a flexible approach to its operations and services.

  Target Markets and Clientele: The broker primarily serves retail forex traders and institutional clients, offering a range of products and services tailored to meet the diverse needs of its clientele.

  Company Development and Milestones: Since its inception, IXI Markets has made significant strides in establishing itself within the competitive forex trading landscape. The broker has developed a robust trading platform and a suite of services that cater to both novice and experienced traders.

  Group Relations: IXI Markets is part of a broader network of financial services, although specific affiliations with larger financial groups are not detailed in the available information.

  Business Model Overview: IXI Markets operates primarily as a retail forex broker, providing access to various trading instruments including forex pairs, commodities, indices, and cryptocurrencies. The broker employs a market-making model, allowing it to facilitate trades for its clients efficiently.

  This is the first mention of the "IXI Markets broker" in this guide.

  

2. Regulatory and Compliance Information

  Primary Regulatory Authorities: IXI Markets is not regulated by any major financial regulatory authority, which raises some concerns regarding investor protection and compliance.

  Regulatory License Numbers: The broker does not provide specific regulatory license numbers, as it operates in an unregulated environment.

  License Validity and Scope: Given that IXI Markets operates without regulation, there is no formal license validity or scope of operations to report.

  Legal Entities in Different Regions: The broker is legally registered in Saint Vincent and the Grenadines, which is known for its lenient regulatory framework.

  Client Funds Segregation Policy: There is no detailed information available regarding the segregation of client funds, which is a critical aspect of investor protection.

  Investor Compensation Fund Participation: IXI Markets does not participate in any investor compensation schemes, which could expose clients to higher risks in case of broker insolvency.

  KYC and AML Compliance Measures: The broker claims to adhere to basic Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, although specific details are not provided in the available information.

  This is the second mention of the "IXI Markets broker" in this guide.

  

3. Trading Products and Services

  Number of Forex Currency Pairs and Major Types: IXI Markets offers a diverse range of forex currency pairs, including major, minor, and exotic pairs. The exact number of pairs available is not specified but is expected to be comprehensive.

  CFD Product Categories: The broker provides CFDs on various asset classes, including indices, commodities, stocks, and cryptocurrencies. This allows traders to diversify their portfolios effectively.

  Special Products or Unique Trading Instruments: IXI Markets does not specify any unique trading products, but it likely offers standard instruments commonly found in the forex and CFD markets.

  Product Update Frequency and New Additions: There is no specific information available regarding the frequency of product updates or the introduction of new trading instruments.

  Retail Trading Services: The broker offers retail trading services through its trading platform, providing access to a variety of markets and instruments.

  Institutional Client Services: While the primary focus is on retail clients, IXI Markets may also cater to institutional clients, although detailed information on institutional services is not provided.

  White Label Solutions: There is no information available regarding the provision of white label solutions by IXI Markets.

  Asset Management Services: IXI Markets does not explicitly mention asset management services in the available information.

  This is the third mention of the "IXI Markets broker" in this guide.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support: IXI Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing traders with access to advanced trading tools and features.

  Proprietary Platform Details: There is no indication that IXI Markets has developed a proprietary trading platform; it primarily relies on the widely used MT4 and MT5 platforms.

  Web-Based Trading Platform: The broker offers a web-based trading platform that allows traders to access their accounts and execute trades without the need for software installation.

  Mobile Applications: IXI Markets provides mobile applications for both iOS and Android devices, enabling traders to manage their accounts and trade on the go.

  Execution Models (ECN, STP, Market Making): The broker primarily employs a market-making model, which may involve spreads and commissions based on the trading activity.

  Server Locations and Technical Infrastructure: IXI Markets utilizes advanced technology and infrastructure to ensure low latency and efficient trade execution, although specific server locations are not disclosed.

  API Access and Automated Trading Support: There is no specific information regarding API access or support for automated trading strategies.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: IXI Markets offers a standard trading account with a minimum deposit requirement of $500, although specific details regarding spreads and commissions are not provided.

  Advanced Account Types: The broker may offer advanced account types such as VIP or professional accounts, but specific details are not available.

  Special Accounts: There is no mention of special account types, such as Islamic accounts or corporate accounts, in the available information.

  Demo Account Policy: IXI Markets does not provide specific information about the availability of demo accounts for traders to practice.

  Leverage Ratios: The maximum leverage offered by IXI Markets is 1:500, allowing traders to amplify their trading positions significantly.

  Minimum Trade Sizes: Specific details regarding the minimum trade sizes are not provided in the available information.

  Overnight Fees Policy: IXI Markets may charge overnight fees, but specific rates and policies are not disclosed.

  

6. Fund Management

  Supported Deposit Methods: IXI Markets supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific providers are not mentioned.

  Minimum Deposit Requirements: The minimum deposit requirement varies by account type, with standard accounts starting at $500.

  Deposit Processing Times: The processing times for deposits are not specified in the available information.

  Deposit Fees: There is no detailed information on any deposit fees that may apply.

  Withdrawal Methods and Limitations: IXI Markets offers multiple withdrawal methods, but specific options and any limitations are not detailed.

  Withdrawal Processing Times: The processing times for withdrawals are not specified in the available information.

  Withdrawal Fee Structure: There is no information regarding the fee structure for withdrawals.

  This is the fourth mention of the "IXI Markets broker" in this guide.

  

7. Customer Support and Educational Resources

  Support Channels: IXI Markets provides customer support through various channels, including phone, email, and online chat.

  Service Hours and Time Zone Coverage: The specific service hours and time zone coverage are not provided in the available information.

  Multilingual Support: The broker offers support in multiple languages, although the exact languages supported are not specified.

  Types of Educational Resources: IXI Markets may offer educational resources such as webinars, tutorials, and eBooks, but specific offerings are not detailed.

  Market Analysis Services: The broker may provide market analysis services, including daily analysis and research reports, although specific details are not available.

  Trading Tools: IXI Markets likely offers various trading tools, including calculators and economic calendars, but specific tools are not listed.

  

8. Regional Coverage and Restrictions

  Primary Service Markets: IXI Markets primarily serves clients in various regions, although specific markets are not detailed.

  Regional Office Distribution: There is no information available regarding the distribution of regional offices.

  Countries/Regions Not Accepted: IXI Markets may have restrictions on clients from certain countries, but specific regions are not listed.

  Special Restrictions: There is no detailed information regarding any special restrictions that may apply to specific client groups.

  In conclusion, IXI Markets operates as a forex broker with a focus on providing a range of trading services and products. However, potential clients should be aware of the lack of regulatory oversight and ensure they conduct thorough research before engaging with the broker.

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Latest Reviews

FX1525503334

FX1525503334

Cyprus

Their trading platform - well, think of using a jammed typewriter, with keys sticking and jamming. Constant freezes disrupted my trading rhythm and caused unnecessary stress. Wow - and the slippage. All too common. It’s like picking a delicious apple at the grocery store, but when you bite into it at home, it's sour. Expected prices for trades flew out the window, causing a ton of frustration. Spreads? They're wider than the side gaps of an oversize hat, specifically for the EUR/USD. And let's not even get started on their steep commissions. It was like trying to climb a steep hill wearing roller skates - difficult to profit!

37130

2023-12-04

FX1525344715

FX1525344715

Netherlands

Their order execution put a tortoise to shame in a sloth race – far from the catchy lightning speed term tossed around in the forex trading world. Withdrawal process, oh dear! I felt like I was watching my funds travel by a donkey cart, slow and sluggish, trying my patience at each step.

37130

2023-12-02

IXI MARKETS Forex Broker has an overall rating of 1.48, Regulatory Index 0.00, License Index 0.00, Business Index 6.76, Software Index 4.00 Risk Control Index 0.00.
IXI MARKETS