XBMarkets Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.etradingportal.com/register, the company's legitimate regulatory information CyprusCYSECStraight Through Processing(STP), to enhance the security of the company's address Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus.
XBMarkets Forex Broker
Basic information
Cyprus
2-5 years Regulated in Cyprus Straight Through Processing(STP) Suspicious Scope of Business Medium potential riskCompany profile
Note: XBMarkets's official website: https://www.xbmarkets.com is currently inaccessible normally.
XBMarkets Review SummaryXBMarkets 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 & Cons
| Pros | Cons |
| 6 Trading Instruments | High Spreads |
| Regulated by Cyprus Securities and Exchange Commission (CYSEC) | High Minimum Deposit |
| MetaTrader 5 (MT5) Trading Platform | |
| 3 customer supports |
Is 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 Instruments | Supported |
| Forex | ✔ |
| 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 Type | Minimum Deposit | Stock Commission | Max Leverage (Retail) | Max Leverage (Professional) | Target Audience |
| Bronze | $400 | $0.30 per share | 1:30 | 1:200 | Beginners |
| Silver | $10,000 | $0.25 per share | 1:30 | 1:200 | Intermediate Traders |
| Gold | $50,000 | $0.20 per share | 1:30 | 1:200 | Experienced Traders |
| Diamond | $100,000 | $0.15 per share | 1:30 | 1:200 | High-Net-Worth Individuals & Professionals |
Leverage
XBMarkets offers different leverage levels for retail clients based on the asset class.
For Retail Clients:
| Asset class | Leverage |
| Forex Majors | 1:30 |
| Forex Minors | 1:20 |
| Major Indices | 1:20 |
| Minor Indices | 1:10 |
| Gold | 1:20 |
| Metals | 1:10 |
| Energies | 1:10 |
| Futures | 1:10 |
| Stocks | 1:05 |
For Professional Clients:
| Asset class | Leverage |
| FX | 1:200 |
| Indices | 1:100 |
| Metals including Gold | 1:100 |
| Energies | 1:100 |
| Futures | 1:50 |
| Shares | 1:05 |
XBMarkets 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 Type | Spreads Starting From |
| Bronze | 1.8 pips |
| Silver | 1.6 pips |
| Gold | 1.4 pips |
| Diamond | 1.2 pips |
Trading Platform
XBMarkets offers the MT5 trading platform to users, available on both desktop and mobile devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows & macOS） | Beginner |
Deposits & Withdrawals
XBMarkets supports deposits through various methods, including SafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoney, with deposits processed immediately.
Rating Index
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Latest Reviews
Robins Lu
Singapore
After trading with this broker for a year, I even made a small profit. Last year, when I tried to trade with this broker again, it was gone, and I was very confused...
Neutral
2024-08-07
Tan Liang Jin
Singapore
Spread levels are generally stable, and the overnight interest rates are reasonable. It's a decent setup for regular trading activities.
Positive
2024-06-26
Puskar Adhikari
Portugal
My money is lost. As the withdrawal is pending and no body replies at customer service
Exposure
2024-12-23