XLibre foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://register.exalibre.com/, about the company's legal and temporary regulatory information, the company's address 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd, Port-Louis, 11324, Mauritius.
XLibre Forex Broker
Basic information
Mauritius
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
XLibre Information
Founded in 2023, XLibre is an unregulated broker registered in Mauritius, offering trading on forex, commodities, metals, shares, indices and crypocurrencies with leverage up to 1:2000 and spread from 0 pips via the MT5 trading platform. The minimum deposit requirement is as low as $10.
Pros and Cons
| Pros | Cons |
| Fund segregation and negative balance | No regulation |
| Diverse trading products | Limited payment options |
| Demo accounts available | Long deposit and withdrawal processing time |
| Tiered accounts | Regional restrictions |
| Tight spreads | |
| Commission-free on some accounts | |
| MT5 platform | |
| Low minimum deposit requirement | |
| No fees for most deposits and withdrawals | |
| Various contact channels |
Is XLibre Legit?
No. XLibre operates without any valid supervision from any regulatory authorities. Please be aware of the risk!
What Can I Trade on XLibre?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types XLibre offers:
| Account Type | Min Deposit |
| CENT | $10 |
| Pro | $25 |
| Raw | $100 |
| VIP | $200 |
Leverage
The broker offers leverage capped at 1:2000. 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.
XLibre Fees
| Account Type | Spread | Commission |
| CENT | From 1.2 pips | ✔ |
| Pro | From 1.2 pips | ❌ |
| Raw | From 0 pips | ✔ |
| VIP | From 0.7 pips | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile, WebTrader | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via VISA, MasterCard and SWIFT.
Deposit Options
| Deposit Options | Fees | Processing Time |
| VISA | ❌ | Up to 10 minutes |
| Mastercard | ||
| SWIFT | No fees for deposits over $100 | 2-7 business days |
Withdrawal Options
| Withdrawal Options | Fees | Processing Time |
| VISA | ❌ | From 2-7 business days, depending on the correspodent bank |
| Mastercard | ||
| SWIFT |
Rating Index
PRO
Raw
XLibre Similarly Rated Brokers
Latest Reviews
FX3911260789
Kenya
Subject: Formal Complaint Regarding Investment and Ancillary Services Dear: https://exalibre.com/, support@exalibre.com, backoffice@exalibre.com, clientaudit@exalibre.com, trading@exalibre.com. I am writing to formally lodge a complaint regarding the investment and/or ancillary services provided by your company. Below are the required details in accordance with your stated Complaints Handling Procedure: 1. IFRAH HASSAN AHMED 2. Trading Accoun: 101587 3. Affected Transaction Numbers: 76,252.35$ 4. Date and Description of the Issue: 8th of january 2025 when I tried to withdraw all my hard earned deposited 40,000 plus hard earned profits total of 76252.35$ • Date: [Date the issue occurred] 8/1/2025 • Description: [Clearly outline the issue, including any relevant details about the dissatisfaction with the service, timelines, and specific problems encountered.]. This issue occurred only the day I requested all my balance 76252.35$ withdrawals, before i used to request small with
Exposure
02-14
FX3911260789
Kenya
Subject: Complaint Against Xlibre SA (PTY) Ltd - Request for Assistance Dear FAIS Ombud Team, I am writing to formally lodge a complaint against XLibre SA (PTY) Ltd is incorporated in South Africa with Company Number 2016/214844/07 and is authorized and regulated by the South African Financial Sector Conduct Authority (FSCA) with Financial Services Provider License number 47159. Regarding a financial dispute that I am currently facing. I initially submitted my complaint to the Financial Sector Conduct Authority (FSCA), but I have been advised (Complaint Ref No: 153-275043) to direct my concerns to your office for further assistance. Summary of the Issue: •Financial Institution: Xlibre SA (PTY) Ltd •Nature of the Complaint: [ Here’s a brief summary of what happened: Introduction to the trader: Ifrah Hassan Ahmed, an experienced forex trader, was introduced to Exlibre Brokers by Konstantinos Konstantinou from Cyprus, a close friend of the brokerage’s CEO, Kypros Kyprianou. Konsta
Exposure
02-27