Score

6.61 /10
Average

X Global Invest

Regulated in Cyprus

Market Making(MM)

Medium potential risk

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Score

Regulatory Index6.02

Business Index8.34

Risk Management Index8.90

Software Index5.42

License Index6.08

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VPS Standard
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Company Name

X Global Markets Ltd

Company Abbreviation

X Global Invest

Platform registered country and region

Cyprus

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Previous Detection : 2024-09-29
  • The current information shows that this broker does not have a trading software. Please be aware!

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X Global Invest · Company summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

X Global Invest Review Summary
Founded 2012
Registered Country/Region Cyprus
Regulation CYSEC
Trading Platforms MT5
Customer Support telephone, email

What is X Global Invest?

X Global Invest is an investment institution that offers investment services to clients seeking to participate in various financial markets. Regulated by CYSEC (Cyprus Securities and Exchange Commission), a reputable regulatory authority, X Global Invest aims to provide a secure and reliable trading environment for its clients. They offer the popular MT5 trading platform, available for download on multiple devices, including Windows Desktop, macOS Desktop, Mobile Apps, and Tablet Apps. With a range of contact options, such as customer support, sales, back office, marketing, partnerships, and accounting departments, X Global Invest strives to ensure excellent customer service and support for its clientele.

X Global Invest's home page

Pros & Cons

Pros Cons
• Regulated by CYSEC • Limited information about products & services
• Multiple contact options for customer support
• Offers the MT5 trading platform

X Global Invest Alternative Investment Institutions

There are many alternative investment institutions to X Global Invest depending on the specific needs and preferences of the trader. Some popular options include:

  • J.P. Morgan - It is one of the largest investment firms globally, offering a wide range of investment solutions, including mutual funds, ETFs, retirement planning services, and wealth management. They serve institutional investors, high-net-worth individuals, and retail clients.

  • BlackRock - BlackRock is a leading investment management firm known for its expertise in ETFs and index funds. They provide a broad spectrum of investment products, including mutual funds, alternative investments, and risk management solutions.

  • Fidelity - Fidelity is a prominent financial services provider offering a comprehensive range of investment options, retirement planning, and brokerage services. They cater to individual investors, institutions, and financial advisors.

Is X Global Invest Safe or Scam?

X Global Invest is an investment company with a valid regulation by CYSEC (Cyprus Securities and Exchange Commission). The fact that X Global Invest is regulated by CYSEC indicates that they are subject to regulatory compliance, which includes following specific guidelines and standards to ensure the safety and security of their clients' funds and personal information. However, it's essential to conduct further research and due diligence before making any investment decisions. This includes reading customer reviews, checking for any recent regulatory actions or complaints, and considering expert opinions from financial advisors. The investment institution follows a practice of keeping client funds separate from its own operational funds. This is often done to provide an additional layer of protection for clients' funds and to ensure they are safeguarded in the event of the institution facing financial difficulties or insolvency.

CySEC license
secure clients' funds

Investment and Ancillary Services

The company is dedicated to providing a comprehensive suite of investment and ancillary services, catering to the diverse needs and preferences of its clients. With a strong focus on delivering excellence and value, they offer a range of offerings designed to support investors throughout their financial journey.

Investment management is at the core of their services, where the company assists clients in making informed investment decisions tailored to their unique financial goals and risk profiles.

To facilitate well-informed investment decisions, the company emphasizes investment research and financial analysis. Recognizing the significance of efficient execution, the company ensures seamless reception and transmission of orders, enabling clients to swiftly act on investment decisions.

In addition to facilitating order transmission, the company also engages in the direct execution of orders on behalf of clients. With their expertise in dealing with securities, they execute trades efficiently, ensuring the prompt execution of client instructions while adhering to industry best practices.

With a focus on security and trust, the company offers custodianship of clients' funds. Furthermore, the company recognizes the potential for enhanced trading opportunities through margin trading. By extending leverage, eligible clients can amplify their investment positions, potentially increasing returns, though it comes with increased risk and should be approached with caution.

Investment and Ancillary Services

Account

If you are considering the prospect of opening an investment account, or if you simply find yourself curious about how the process works, there are convenient ways to acquire the information you seek. For those who prefer written communication, reaching out is as easy as sending an email to sales@xglobalmarkets.com. The dedicated team of professionals at X Global Markets will be more than delighted to address any inquiries you may have, providing you with comprehensive insights into their investment account offerings, services, and procedures.

Deposits & Withdrawals

Deposits and withdrawals are to be performed by bank transfer only and the firm does not charge for such transactions. While the company ensures that clients are not burdened with their own charges, it's important to be aware that intermediary banking fees may apply during the transfer process. These fees are typically imposed by the banks involved in facilitating the transaction, and the company remains transparent about this aspect. This approach helps to set clear expectations for clients, enabling them to make well-informed decisions when managing their funds.

Trading Platform

X Global Invest is committed to providing its clients with a cutting-edge and versatile trading experience, and as such, they offer the highly acclaimed MT5 (MetaTrader 5) trading platform. With MT5, traders gain access to a comprehensive suite of tools and features that cater to both beginners and seasoned investors, empowering them to make well-informed trading decisions across various financial markets.

For the convenience of its diverse clientele, X Global Invest ensures that the MT5 platform is available for download on multiple devices and operating systems. Clients using Windows Desktops can easily access the platform by downloading the dedicated application, which offers a seamless and user-friendly interface to navigate the complexities of the financial markets efficiently. Similarly, Mac users can enjoy the same level of functionality and performance by downloading the MT5 platform tailored explicitly for macOS Desktops.

MT5 Windows
MT5 Windows
MT5 macOS
MT5 Mobile Apps
MT5 Tablet Apps

Customer Service

X Global Invest offers exceptional customer service to cater to the needs of its valued clients. They have established a comprehensive customer support network that ensures prompt and efficient assistance across various aspects of their services.

For general customer support inquiries and assistance, clients can reach out via telephone at +357 25 262002 during the specified hours of operation, which are from 09:00 to 18:00 Eastern European Time (EET). Additionally, clients can also seek help by sending an email to support@xglobalmarkets.com.

For clients looking to explore investment opportunities or inquire about X Global Invest's offerings, they can get in touch with the Sales department using the same telephone number and email address (tel: +357 25 262002, email: sales@xglobalmarkets.com).

contact details

X Global Invest understands the importance of efficient back-office operations, which is why they have established a dedicated Back Office department. Clients can get in touch with this department via email at backoffice@xglobalmarkets.com to address administrative or account-related matters with utmost professionalism and accuracy.

For matters related to marketing initiatives, clients can rely on the expertise of the Marketing department. They can be contacted via telephone at +357 25 262002 or through email at marketing@xglobalmarkets.com.

contact details

X Global Invest values its partnerships and recognizes the significance of fostering strong relationships. The Partnerships department can be reached at +357 25 262002 or through email at partners@xglobalmarkets.com.

Lastly, the Accounting Department at X Global Invest ensures transparency and accuracy in financial matters. Clients can reach out to them via telephone at +357 25 262002 or by sending an email to accounting@xglobalmarkets.comto address any accounting-related queries or financial concerns.

contact details

Conclusion

In conclusion, X Global Invest appears to be a legitimate investment company with the advantage of being regulated by CYSEC. This regulatory oversight contributes to increased confidence in the safety and security of clients' funds and personal information. The availability of the versatile MT5 trading platform across various devices demonstrates the company's dedication to providing modern and accessible trading options.

However, there are some areas where X Global Invest could improve. The limited information available on their regulatory approvals, company history, and track record may leave potential clients wanting more detailed information. Additionally, there is a lack of clarity regarding the full range of investment products and services offered, as well as any potential fees or charges that clients might incur.

Frequently Asked Questions (FAQs)

Q1: Is X Global Invest a regulated investment company?

A1: Yes, X Global Invest is regulated by CYSEC (Cyprus Securities and Exchange Commission), a reputable regulatory authority.

Q2: What trading platform does X Global Invest offer to its clients?

A2: X Global Invest provides its clients with the MT5 (MetaTrader 5) trading platform, available for download on various devices, including Windows Desktop, macOS Desktop, Mobile Apps, and Tablet Apps.

Q3: How can I contact X Global Invest's customer support?

A3: X Global Invest offers multiple contact options for customer support, including a telephone line at +357 25 262002 (available from 09:00 to 18:00 EET) and an email address at support@xglobalmarkets.com.

Q4: Does X Global Invest have any regional restrictions?

A4: The information on X Global Invest's website is not directed on residents of certain jurisdictions/countries including but not limited to Australia, New Zealand, British Columbia (Canada), Iran, Iraq, North Korea, Japan, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao Peoples Democratic Republic, Uganda and Yemen or to any jurisdiction where such distribution would be contrary to local and European laws and regulations.

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‭28891
more than one year
The first time I tried this platform was because of the reviews. I deposited, and a few days later I wanted to withdraw some funds, but it kept getting rejected. I've tried all methods, but still got denied. One of the agents said the bank card couldn't be used for withdrawal, so I tried depositing again and attempted withdrawal through Binance Pay, but it got rejected again. What's going on?
The first time I tried this platform was because of the reviews. I deposited, and a few days later I wanted to withdraw some funds, but it kept getting rejected. I've tried all methods, but still got denied. One of the agents said the bank card couldn't be used for withdrawal, so I tried depositing again and attempted withdrawal through Binance Pay, but it got rejected again. What's going on?
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2024-03-22 18:03
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