XPO Markets Forex Broker

XPO Markets Review SummaryFounded2024Registered Country/RegionComorosRegulationNo regulationMarket InstrumentsForex, Metals, Cryptocurrencies, Energy, Stocks, Indices, CommoditiesDemo Account/LeverageUp to 1:2000Spread2.5 pips (Lite account)Trading PlatformXPO Markets AppMinimum Deposit$10Customer SupportLive chat, contact formEmail: hello@xpo.marketsCompany Address: Bonovo Road - Fomboni Island of Moheli, Union of ComorosSocial Media: Facebook, Instagram, YouTubeRegional RestrictionsCuba, North Korea, Syria, Sudan, Zimbabwe, Israel, the Islamic Republic of Iran, Myanmar, Libya, Mali, Nicaragua, Central African RepublicXPO Markets Information XPO Markets is an unregulated brokerage firm registered in Comoros in 2024, offering trading across multiple asset classes, including Forex, Metals, Commodities, Cryptocurrencies, Energy, Stocks, and Indices. The platform provides three account tiers: Lite, Core, and Ultra. Notably, XPO Markets restricts service access for residents of numerous regions.Pros & ConsProsConsLow Minimum DepositNo RegulationThree Account Types AvailableRegional RestrictionsLive Chat SupportDemo Accounts UnavailableVarious Products OfferedLack of Information about Deposit and WithdrawalNo MT4 or MT5Is XPO Markets Legit? XPO Markets is not regulated by any notable authorities, which means trading on this platform might involve risks.What Can I Trade on XPO Markets? XPO Markets offers a diverse trading portfolio across multiple asset classes, including Forex, Metals, Commodities, Cryptocurrencies, Energy, Stocks, and Indices. Available instruments vary depending on the trader's account tier.Trading AssetAvailableforex✔metals✔energy✔commodities✔indices✔stocks✔cryptocurrencies✔bonds❌options❌ETFs❌Account Type & Fees XPO Markets offers three types of trading accounts, catering to different types of traders. Lite Account: Built for beginners, it offers user-friendly tools, lower spreads, and fast execution. Core Account: With tight spreads, zero commissions, and flexible conditions, ideal for all types of traders. Ultra Account: Designed for professionals, it provides raw spreads, deep liquidity, and direct market access. Here is a breakdown of the details about each account type.Account TypeLiteCoreUltraSpread2.5 pips0.15 pips0 pipsCommission❌❌$3.5 (each side)Swap❌❌✔Leverage1:20001:10001:300Market InstrumentForex, Metals, CryptosForex, Metals, CryptosForex, Metals, Cryptos, Energy, Stocks, IndicesMinimum Lot0.010.010.01Maximum Lot Size200200200Maximum No. of PositionsUnlimitedUnlimitedUnlimitedMinimum DepositUSD 10USD 100USD 500Margin Call50%50%50%Stopout10%10%10%Order ExecutionInstantInstantMarketHedge Margin0%0%0%Leverage The leverage rate varies on this platform based on the account type levels. Leverage allows traders to control larger positions with a smaller amount of capital, increasing potential profits and losses.Account TypeMaximum LeverageLite1:2000Core1:1000Ultra1:300Trading PlatformTrading PlatformSupported Available Devices Suitable for XPO Market app✔Desktop, Mobile, Web/MT5❌/Experienced tradersMT4❌/BeginnersDeposit & Withdrawal XPO Markets' website states that it offers fast withdrawals through multiple payment methods, but it provides no additional details about these services.