XNT Ltd., founded in 2011, is a financial services company that provides a wide range of trading solutions to professional traders and institutional clients. The company is headquartered at Portomaso Business Tower, Level 18, St. Julian's, STJ 4011, Malta. As a private entity, XNT focuses primarily on offering trading services in foreign exchange (forex), contracts for difference (CFDs), and various financial instruments.
XNT caters to a diverse client base, including private investors, wealth managers, family offices, and large financial institutions. Over the years, the company has established itself as a reliable player in the financial trading industry, achieving significant milestones such as regulatory compliance and a robust trading platform.
The company operates under a market-making model, providing direct market access to over 600,000 financial instruments across more than 50 global markets. This comprehensive offering positions XNT broker as a suitable choice for seasoned investors looking for extensive trading opportunities.
XNT is regulated by the Malta Financial Services Authority (MFSA), which ensures the company adheres to stringent financial standards. The regulatory license number for XNT is C 52182. The MFSA license allows XNT to operate within the European Union under the Markets in Financial Instruments Directive (MiFID II), which provides a framework for investor protection and market integrity.
The broker maintains client funds in segregated accounts, ensuring that clients' investments are protected in the event of insolvency. Furthermore, XNT participates in an investor compensation scheme that covers up to €20,000 for eligible clients.
XNT follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which require clients to provide identification and verification documents to ensure compliance with international regulations.
XNT offers a wide array of trading products, catering to various trading preferences and strategies. The broker provides access to a multitude of forex currency pairs, including major, minor, and exotic pairs. Additionally, XNT facilitates trading in CFDs across several asset classes, including:
The platform is designed to accommodate both retail and institutional clients, offering tailored services to meet the needs of each segment. XNT is known for regularly updating its product offerings, ensuring traders have access to the latest financial instruments.
XNT utilizes a proprietary trading platform that is designed to provide a seamless trading experience. This platform is accessible via desktop, tablet, and mobile devices, ensuring that traders can manage their investments from anywhere at any time. The platform supports various operating systems, including Windows, macOS, iOS, and Android.
While XNT does not support popular platforms like MetaTrader 4 or 5, its proprietary software is equipped with advanced features, including:
The broker's infrastructure is robust, with servers strategically located to ensure fast order execution and minimal latency.
XNT offers a single account type, which simplifies the trading experience for clients. The minimum deposit required to open a trading account is €50,000, which positions XNT primarily for professional traders and high-net-worth individuals. The trading conditions for this account include:
XNT also provides a demo account for clients to practice trading strategies without financial risk. This account allows users to explore the platform's features and familiarize themselves with the trading environment.
XNT supports deposits and withdrawals exclusively through bank transfers, which reduces transaction costs for clients. The minimum deposit requirement is €50,000, and deposits are typically processed instantly. However, withdrawals come with a fixed fee of €30, which may deter frequent small withdrawals.
Withdrawal requests are processed within one business day, with funds typically transferred to clients' accounts within 3-5 business days. Additionally, an inactivity fee of €50 is charged if the account remains dormant for more than 60 days.
XNT provides comprehensive customer support, available 24/7 through various channels, including:
The broker supports multiple languages, ensuring that clients from different regions can receive assistance in their preferred language. However, it is important to note that XNT does not offer educational resources or tools for market analysis, which may be a disadvantage for novice traders.
XNT primarily serves clients in the European Union and other regions where it is legally permitted. However, the broker is not available to clients in the United Kingdom and certain other jurisdictions. The company operates with a clear focus on professional traders, which is reflected in its high minimum deposit requirement and the absence of educational content on its website.
In conclusion, XNT broker presents a strong offering for experienced traders and institutional clients looking for a robust platform with a wide range of financial instruments. While the high minimum deposit may limit accessibility for casual traders, the broker's regulatory compliance and extensive product offerings make it a noteworthy option in the financial trading landscape.
HenryM
United Kingdom
Knowing that XNT is regulated by the Malta Financial Services Authority gives me peace of mind. I feel more secure trading with a broker that adheres to strict regulatory standards. This adds a layer of trust that is crucial for me as an investor.
Positive
2024-09-12
FX2510300550
United Kingdom
My experience with XNT has been quite positive. The platform offers access to over 50 global markets, which has allowed me to diversify my portfolio significantly. I appreciate the variety of financial instruments available, including stocks, ETFs, and cryptocurrencies. It feels great to have so many options at my fingertips.
Positive
2024-09-12
James7312
United Kingdom
One downside I encountered with XNT is the high minimum deposit requirement of $50,000. This has made it less accessible for casual traders like myself. While I understand the benefits of a premium service, it would be nice to see more flexible options for smaller investors.
37130
2024-09-12