X Global Invest, established in 2012, is a reputable forex brokerage firm based in Limassol, Cyprus. The company operates under the registered name X Global Markets Ltd, which is a private entity. X Global Invest offers a wide range of trading services primarily targeting retail clients worldwide, including individual traders and institutional investors.
Since its inception, X Global Invest has developed a strong presence in the forex and CFD industry. The firm has achieved several milestones, including gaining regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), which has played a crucial role in its growth and credibility. The companys headquarters is located at 162 Fragklinou Rous Velt, 1st Floor, 3045, Limassol, Cyprus.
X Global Invest operates under a market-making model, providing clients with access to various financial instruments, including forex, commodities, indices, and contracts for difference (CFDs). The broker is recognized for its commitment to providing a transparent trading environment and competitive trading conditions, making it an attractive option for traders looking to engage in the global financial markets.
X Global Invest is regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 171/12. This regulation ensures that the broker adheres to strict guidelines aimed at protecting investor interests and maintaining market integrity. The regulatory framework requires X Global Invest to maintain a minimum capital of €1,000,000 and to keep client funds in segregated accounts, separate from the company's operational funds.
The broker also participates in the Investor Compensation Fund, which provides an additional layer of security for clients, offering compensation of up to €20,000 in the event of the firm's insolvency. X Global Invest implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to ensure compliance with international regulations and to mitigate risks associated with financial crime.
X Global Invest offers a diverse array of trading products to cater to various trading preferences. The broker provides access to over 40 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on fluctuations in the forex market. Additionally, the broker offers a range of CFD products, including:
X Global Invest continually updates its product offerings to meet market demands, ensuring that clients have access to the latest trading instruments. The broker focuses on retail trading services, providing a user-friendly platform and resources for individual traders. Institutional services and white-label solutions are also available, catering to larger clients seeking tailored trading solutions.
X Global Invest primarily utilizes the MetaTrader 5 (MT5) trading platform, which is known for its advanced features and user-friendly interface. The MT5 platform is available on multiple operating systems, including Windows, macOS, iOS, and Android, allowing traders to access their accounts and manage trades on-the-go.
The broker does not currently support MetaTrader 4 (MT4), focusing instead on the more advanced MT5 platform, which offers enhanced charting tools, automated trading capabilities, and a comprehensive range of technical indicators. X Global Invest operates on an ECN (Electronic Communication Network) model, ensuring that client orders are executed directly in the market, which enhances transparency and reduces the potential for conflicts of interest.
The broker's trading infrastructure is robust, with servers located in strategic data centers to ensure low latency and high-speed execution. Additionally, X Global Invest supports API access for automated trading, enabling clients to implement algorithmic trading strategies seamlessly.
X Global Invest offers several account types to meet the needs of different traders. The primary account types include:
The maximum leverage offered by X Global Invest is up to 1:500, allowing traders to control larger positions with a smaller capital outlay. The broker also provides a demo account option, enabling new traders to practice trading strategies in a risk-free environment.
X Global Invest supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, with the standard account requiring $100. Deposits are typically processed instantly, while bank transfers may take 2-3 business days.
The broker does not charge any deposit fees, ensuring that clients can fund their accounts without incurring additional costs. Withdrawal methods include bank transfers and electronic wallets, with processing times generally within 24 hours. X Global Invest does not impose withdrawal fees, although clients should check with their payment providers for any applicable charges.
X Global Invest provides comprehensive customer support through multiple channels, including phone, email, and online chat. The support team is available during business hours, offering assistance in English and other languages. Clients can reach the support team at +357 25 262002 or via email at support@xglobalmarkets.com.
The broker also offers a range of educational resources, including webinars, tutorials, and market analysis, designed to help traders enhance their skills and knowledge. Daily market analysis and research reports are available to keep clients informed about market trends and opportunities.
X Global Invest primarily services clients in Europe and other regions, aligning its offerings with the regulatory frameworks of those markets. However, the broker does not accept clients from specific jurisdictions, including the United States, Japan, and several others where regulatory restrictions apply.
The firm maintains a commitment to compliance and operates within the legal frameworks of the regions it serves, ensuring that clients can trade with confidence.
In summary, X Global Invest is a well-established forex broker that provides a robust trading environment with a variety of financial instruments, competitive trading conditions, and a commitment to regulatory compliance. With its focus on client satisfaction and transparency, X Global Invest continues to be a viable option for traders looking to engage in the forex and CFD markets.