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XS Markets -

Score

6.58 /10
Average

XS Markets

Cyprus

2-5 years

Regulated in Cyprus

Straight Through Processing (STP)

White label MT5

Global Business

https://www.xsmarkets.com

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Score

Regulatory Index5.50

Business Index6.04

Risk Management Index9.42

Software Index9.11

License Index5.50

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

XS Markets Ltd

Company Abbreviation

XS Markets

Platform registered country and region

Cyprus

Company website

Company summary

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XS Markets

Cyprus

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XS Markets · Company summary
XS Markets Review Summary
Founded2016
Registered Country/RegionCyprus
RegulationCySEC
Market InstrumentsForex, commodities, metals, indices, shares
Demo Account✅
LeverageUp to 1:30
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5
Minimum DepositEUR 200
Customer SupportLive chat, contact form
Tel: +357 25249600
Email: support@xsmarkets.com
Address: 247, Franklinou Rousvelt, Block B, 1st floor, 3046, Limassol, Cyprus
Regional Restrictionthe USA, Canada, France, Belgium and the UK

Founded in 2016, XS Markets is a Cyprus broker regulated by CySEC. Its products include forex CFDs, commodities CFDs, CFDs on indices, CFDs on shares, and CFDs on metals. XS Markets offers demo accounts and the MT4 for clients. The leverage is up to 1:30, and the minimum deposit is EUR 200 for transactions.

info

Pros and Cons

ProsCons
CySEC regulationRegional restriction
Various trading productsOnly two types of accounts
Demo accounts available
Multiple contact channels
MT4 and MT5 support

Is XS Markets Legit?

Regulated AuthorityCyprus Securities and Exchange Commission (CySEC)
Current StatusRegulated
Regulated CountryCyprus
Regulated EntityXS Markets Ltd
License TypeStraight Through Processing (STP)
License No.412/22
license

What Can I Trade on XS Markets?

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Shares✔
Metals✔
Bonds❌
Futures❌
Options❌
Cryptocurrencies❌
ETFs❌
assets

Account Type

Account Trading PlatformMinimum Deposit
StandardMT5EUR 200
RawMT5EUR 500
Account Type

Leverage

The leverage for both accounts is 1:30. The use of leverage can both maximize profits and increase losses at the same time.

Account Leverage
Standard1:30
Raw1:30

XS Markets Fees

Account SpreadCommission
StandardFrom 0.7 pips$0
RawFrom 0.0 pips$3

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5✔PC, web, mobileExperienced traders
Trading Platform

Deposit and Withdrawal

Payment OptionsMinimum DepositMaximum DepositMinimumWithdrawalMaximum Withdrawal
Bank Transfer€200Unlimited€200Unlimited
Visa & MasterCard€15/$15€5,000 or equivalent€25€5,000 or equivalent
Skrill€10€15,000 or equivalent€25€1,5000 or equivalent
Neteller€10€15,000 or equivalent€50€1,5000 or equivalent
Mifinity€15€2,500 or equivalent€15€2,500 or equivalent
Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

3

Comments

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ERTYU
more than one year
The withdrawal process is so painful. I initiated an international transfer, which was my only option there. My withdrawal got rejected and I was asked to use the local bank transfer option, which is not available in my app and not on the client login page either. Issues related to withdrawals alone take days to resolve, and they're still unresolved.
The withdrawal process is so painful. I initiated an international transfer, which was my only option there. My withdrawal got rejected and I was asked to use the local bank transfer option, which is not available in my app and not on the client login page either. Issues related to withdrawals alone take days to resolve, and they're still unresolved.
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2024-03-25 02:24
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Happlaia
more than one year
My only gripe is I wish they spilled the beans on education stuff and bonuses. But hey, XS Markets is all about giving traders a solid platform to dive into the financial world, and I'm here for it. Looking forward to seeing where they go from here!
My only gripe is I wish they spilled the beans on education stuff and bonuses. But hey, XS Markets is all about giving traders a solid platform to dive into the financial world, and I'm here for it. Looking forward to seeing where they go from here!
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2023-12-13 00:14
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