XGlobalMarkets Broker

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.

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.

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.