XGLOBAL Markets is a forex broker founded in 2018 in Vanuatu, providing investors with trading services in Forex, precious metals, energy, stocks and indices. The company's website shows that regulatory or authorization information obtained in Vanuatu, Cyprus and Germany, as well as registration information queries, are authentic. In addition, the company's website shows that it does not provide services to jurisdictions that may violate local laws or regulations, such as the United States, Syria, Iran and North Korea.
Company background:
According to the XGLOBAL Markets website, the company is incorporated in Vanuatu. A search on the Vanuatu Financial Services Commission (VFSC) website showed that the information that the company was registered in Vanuatu was true. In addition, Whois query of the website domain name registration information shows that the company's official website domain name registration on July 31, 2012, the domain name registration time has been more than 10 years.
Account Registration:
XGLOBAL Markets official website information shows that the company provides investors with real account, demo account registration links. To register A REAL ACCOUNT, click "OPEN A REAL ACCOUNT" on the left side of the homepage of XGLOBAL Markets official website, select the country and enter the real account registration page. After selecting or filling in the information such as name, country, telephone number, Email address and password as required, you can complete the registration of the real account. The registration method for the demo account is: Click "OPEN A DEMO ACCOUNT" on the left side of the homepage of XGLOBAL Markets official website to enter the registration page of the demo account. Select or fill in the account type, margin (leverage) ratio, account currency, name, telephone number, Email, country and other information as required to complete the registration of the demo account. In addition, the account registration page of XGLOBAL Markets official website supports simplified Chinese, Traditional Chinese, English, French, wash plate, Japanese, Vietnamese, Thai and other languages.
Account Type:
According to the official website of XGLOBAL Markets, the company offers investors three different types of trading accounts: XG RAW, XG ZERO and XG ISLAMIC. In addition,The XGLOBAL Markets website also provides the differences between these three accounts in terms of spreads, commissions, and overnight interest.
Trading Products:
According to the official website of XGLOBAL Markets, the company provides investors with foreign exchange, precious metals, energy, stocks, indexes trading services. In addition, the official website of XGLOBAL Markets not only provides the specific trading products covered by foreign exchange, precious metals, energy, stocks, indices, but also provides the spread and margin (leverage) ratio of specific trading products. However, the XGLOBAL Markets website does not provide commission, minimum trading units, maximum trading units and overnight interest information.
Margin ratio:
XGLOBAL Markets not only displays its maximum margin (leverage) ratio for different types of accounts in the "Account Type" section, but also provides margin (leverage) ratio information for specific trading products covered by Forex, precious metals, energy, stocks, indices in the "Trading Products" section.
Trading Hours:
XGLOBAL Markets provides trading hours information for specific trading products covered by Forex, precious metals, energy, stocks, indices in the "Trading Products" section.
Deposits and Withdrawals:
According to the official website of XGLOBAL Markets, the company provides investors with deposit and withdrawal channels and methods including bank wire transfer, VISA, Mastercard, Skrill, Neteller, Sticpay, FasaPay, internal transfer, etc. In addition, XGLOBAL Markets website also provides different deposit and withdrawal channels and methods, supported deposit and withdrawal currencies, as well as deposit and withdrawal fees and deposit and withdrawal time and other information.
Trading Software:
According to the official website of XGLOBAL Markets, the company provides investors with MetaTrader5 (MT5) trading software. The MetaTrader5 (MT5) software provided by XGLOBAL Markets supports computer (Winodws/MacOS) and mobile (IOS/Android) versions.
Other services:
According to XGLOBAL Markets' official website, the company provides MAM account management and Autochartist services for investors. MAM Account Management allows investors to manage the trading activity of multiple sub-accounts from one main account. Autochartist uses advanced algorithms and pattern recognition technology to scan and analyze price charts and pinpoint various chart patterns to help investors identify potential trading opportunities in the financial markets.
Regulatory information:
XGLOBAL Markets is regulated or authorised by the Vanuatu Financial Services Commission (VFSC), the Cyprus Securities and Exchange Commission (CySEC) and is registered with the German Federal Financial Supervisory Authority (BaFin). A search on the websites of the Vanuatu Financial Services Commission (VFSC), the Cyprus Securities and Exchange Commission (CySEC) and the German Federal Financial Supervisory Authority (BaFin) shows that the regulatory or authorisation information obtained by the company from these three regulatory authorities, as well as the registration information, is genuine.
Summary:
XGLOBAL Markets is a normal broker. On the one hand, the official website of XGLOBAL Markets shows that it is registered in Vanuatu, and a query on the Vanuatu Financial Services Commission (VFSC) website shows that the registration information is genuine. On the other hand, XGLOBAL Markets website information shows that the company is regulated or authorized by the Vanuatu Financial Services Commission (VFSC), the Cyprus Securities and Exchange Commission (CySEC), and is registered with the German Federal Financial Supervisory Authority (BaFin). A search on the websites of the Vanuatu Financial Services Commission (VFSC), the Cyprus Securities and Exchange Commission (CySEC) and the German Federal Financial Supervisory Authority (BaFin) shows that the regulatory or authorisation information obtained by the company from these three regulatory authorities, as well as the registration information, is genuine. As a result, XGLOBAL Markets is a normal broker. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
