X Global Invest is a forex broker established on August 10, 2011, and registered in Cyprus. The company offers comprehensive trading services, including forex, commodities, precious metals, stocks, indices, and ETFs, to investors. The headquarters of the company is unknown. The broker's official website primarily provides services in English and does not offer services to jurisdictions where it may violate local laws or regulations, including but not limited to Australia, New Zealand, British Columbia (Canada), Iran, Iraq, North Korea, Japan, the United States, Cuba, Syria, Sudan, Afghanistan, Guyana, Laos, Uganda, and Yemen.
Corporate Background and Regulatory Status:
The registered entity of X Global Invest in Cyprus is X Global Markets Ltd, formerly known as FXRidge Ltd. The company's registered address is 162 Fragklinou Rousvelt, 1st Floor 3045, Limassol, Cyprus, with the registration number HE 291958. According to Whois information, the broker's official website domain was registered on March 14, 2019. The entity is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with authorization granted on June 15, 2012, under license number 171/12.
Account Opening:
To open an account with X Global Invest, users need to click on "Register" on its official website, fill in their name, phone number, and email address. The broker will then send a complete account opening link to the user via email. By clicking on the link and providing the necessary personal information, users can complete the account opening process. After the information is verified, the broker will send the trading account and password to the user via email. Users can then log in and deposit funds to start full-service trading.
Account Types:
X Global Invest provides full-service trading where specific trading operations are conducted by X Global Invest, and investors can log in to their accounts at any time to view their performance.
Trading Platform:
X Global Invest uses the MT5 trading platform, which is available on Windows, macOS, iOS, and Android devices. Users can track their account performance in real-time. MT5 can send daily and monthly account reports to users via email, allowing clients to monitor performance without logging in. For users who want more detailed information, they can log in to view all positions and historical trades within a custom date range. The servers are provided by X Global Markets Ltd.
Deposits and Withdrawals:
Information about deposit and withdrawal methods is not disclosed on the broker's official website.
Customer Support:
X Global Invest supports users through phone at +357 25 262002 (Eastern Time 09:00-18:00) and email at support@xglobalmarkets.com for customer support.
Summary:
As of now, X Global Invest is marked as "operating normally" on Traderknows.
