Overview
Established in 2012, XGlobalMarkets came into existence as a service provider for reliable and clear trading spheres among its specialized segment in forex and CFD trading that also adds to a wide array of financial instruments and technologically advanced trading platforms for all traders in each corner of the globe.
- Founded
- 2012
Strengths and watchouts
- CySEC-regulated broker with competitive trading conditions
- Available for European and international traders
- MT5 trading platform
- Commission-free trading with competitive and tight spreads
- Range of trading instruments
- Member of Investor Compensation Fund
- Wide choice of account types
- Conditions might vary based on the entity
- No 24/7 customer support
Watchouts are not yet documented for this broker. Review fees, regulation and account terms before opening an account.
Safety and regulation
Due to the Cyprus Security and Exchange Commission (CySEC) supervising the validity of the financial European Union's demands, there has been compliance in providing an adequately safe trading environment. Customer funds are placed in segregated client accounts with premier banking institutions, covered under the Investor Compensation Fund (ICF) with €20,000 per account covered as protection should any situation suddenly happen to the broker.
- CySEC
- BaFin
- CONSOB
- MiFID II
- VFSC
- FSCA
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Stocks
- Indices
- Metals
- Energy
- Cryptocurrency
- CFDs
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Zero | $0 | 1.0 | 1:1 to 500:1 |
| Raw | $0 | — | 1:1 to 500:1 |
Fees and costs
Beginner traders can start opening a Standard Account for $100 or more, nothing to $10,000. A commission-free environment is promoted with 1.1-pip spreads on a Standard Account. For Pro Accounts, raw spreads on trading start at 0.0 pips with another $5 commission per one Lot traded. XGlobal Markets does charge overnight swap fees for positions left open overnight; details of these are freely available in business terms on the trading platform. All swap rates are 0 for Islamic accounts. After three months of inactivity, dealers shall pay inactivity fees in accords set in the terms and conditions broker initially uses.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
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