XBMarkets Forex Broker

Note: XBMarkets's official website: https://www.xbmarkets.com is currently inaccessible normally.XBMarkets Review SummaryFounded2018Registered Country/RegionCyprusRegulationCYSECMarket Instrumentsforex, energy, metals, indices, shares, futuresDemo Account✅Leverage1:200EUR/USD Spreads1.8 pips (Bronze)Trading PlatformsMT5Minimum Deposit$400Customer SupportEmail: support@xbmarkets.comTelephone: +357 25262719Live chatDeposits & WithdrawalsSafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoneyXBMarkets Information XBMarkets is a regulated brokerage firm that offers six types of trading instruments, including forex, metals, futures, energy, indices, and shares. It also provides various account types—Bronze, Silver, Gold, and Diamond.Pros & ConsProsCons6 Trading InstrumentsHigh SpreadsRegulated by Cyprus Securities and Exchange Commission (CYSEC)High Minimum DepositMetaTrader 5 (MT5) Trading Platform3 customer supportsIs XBMarkets Legit? XBMarkets is regulated by the Cyprus Securities and Exchange Commission (CYSEC), holding a Straight Through Processing (STP) license with the license number 391/20.What Can I Trade on XBMarkets? XBMarkets offers six types of trading instruments: forex, energy, metals, indices, shares, and futures.Tradable InstrumentsSupportedForex✔Energy✔Metals✔Indices✔Shares✔Futures✔Accounts Type XBMarkets offers four types of live trading accounts: Bronze, Silver, Gold, and Diamond. The Bronze account is suitable for beginners, the Silver account for intermediate traders, the Gold account is designed for experienced traders, and the Diamond account is suitable for high-net-worth individuals and professional traders. XBMarkets offers demo accounts and the account opening process is relatively simple and quick. Users need to register for a personal account, fill out the application form, and submit it.Account TypeMinimum DepositStock CommissionMax Leverage (Retail)Max Leverage (Professional)Target AudienceBronze$400$0.30 per share1:301:200BeginnersSilver$10,000$0.25 per share1:301:200Intermediate TradersGold$50,000$0.20 per share1:301:200Experienced TradersDiamond$100,000$0.15 per share1:301:200High-Net-Worth Individuals & ProfessionalsLeverage XBMarkets offers different leverage levels for retail clients based on the asset class. For Retail Clients:Asset classLeverageForex Majors1:30Forex Minors1:20Major Indices1:20Minor Indices1:10Gold1:20Metals1:10Energies1:10Futures1:10Stocks1:05 For Professional Clients:Asset classLeverageFX1:200Indices1:100Metals including Gold1:100Energies1:100Futures1:50Shares1:05XBMarkets Spreads XBMarkets offers varying spreads by account type: the Bronze account starts at 1.8 pips, the Silver at 1.6 pips, the Gold at 1.4 pips, and the Diamond at 1.2 pips.Account TypeSpreads Starting FromBronze1.8 pipsSilver1.6 pipsGold1.4 pipsDiamond1.2 pipsTrading Platform XBMarkets offers the MT5 trading platform to users, available on both desktop and mobile devices.Trading PlatformSupportedAvailable DevicesSuitable forMT5✔Mobile and Desktop（Windows & macOS）Experienced TraderMT4❌Mobile and Desktop（Windows & macOS）BeginnerDeposits & Withdrawals XBMarkets supports deposits through various methods, including SafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoney, with deposits processed immediately.