XA Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://login.xamarkets.com/RealAccount, about the company's legal and temporary regulatory information, the company's address Bonovo Road, Fomboni, Island of Moheli.
XA Markets Forex Broker
Basic information
India
2-5 years Suspicious Regulatory License White label MT5 Regional Brokers High potential riskCompany profile
Founded in 2023, XA Markets is an Indian broker, offering trading in forex, metals, shares, indices, commodities, cryptocurrencies, and ETFs with leverage up to 1:500 and spread from 0.0 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 10 USD.
Pros and Cons
| Pros | Cons |
| Various trading products | New to the market |
| Demo accounts | No regulation |
| MT5 platform | |
| Social trading | |
| 24/7 support |
Is XA Markets Legit?
No, XA Markets does not have any licenses from regulatory institutions. Please be aware of the risk!
What Can I Trade on XA Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Account Type
| Account Type | Min Deposit |
| Standard | $10 |
| Pro | $1,000 |
Leverage
The leverage is capped at 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
| Asset Class | Max Leverage |
| Forex | / |
| Metals | 1:500 |
| Shares | 1:10 |
| Indices | 1:100 |
| Commodities | / |
| Cryptocurrencies | 1:50 |
XA Markets Fees
| Asset Class | Spread | Commission | Margin | Swap |
| Forex | Tightest | ❌ | Low | ❌ |
| Metals | Tightest on gold and silver | / | / | |
| Shares | / | ❌ | ||
| Indices | Tightest on all commodities | |||
| Commodities | Tightest | ❌ | Low | |
| Cryptocurrencies | / | |||
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
XA Markets accepts payments via VISA, Mastercard, M-PESA, and Bank Transfer.
Rating Index
STANDARD
PRO
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Latest Reviews
Hdfejk
Pakistan
Love the app. Been using it since last year and it's helped me save and start to generate some dividends income. So easy to use!
Positive
2024-06-21
Arctant vecy
Malaysia
There's a bunch of easy-peasy educational resources, perfect for beginners. After checking out a few trading tutorials, I got the hang of the process in no time, and there's a wide range of products to trade too!
Positive
2024-07-31