XB MARKETS Spreads, leverage, minimum deposit Revealed

　　General Information & Regulation

　　Founded in 2013, BX Markets is an online forex and CFD broker registered in the United Kingdom, offering an extensive range of trading products to its clients around the globe. The information on the BX Markets website seems quite minimal, even its real office address not disclosed.

　　Official Website Unavailable

　　Since BX Marketss official website cannot be accessible for the moment, we could only collect some useful information from some broker reviews websites to get a rough idea of this broker.

　　Market Instruments

　　BX Markets says it offers to trade more than 100 CFDs on currencies, metals, stocks, commodities, indices, ETFs and cryptocurrencies.

　　Accounts & Leverage

　　BX Markets has designed 3 trading accounts to choose from: Basic, Advanced and Professional. The Basic Account requires a deposit of $500 or more. A trader can work with a leverage of 100:1. Traders will have to pay at least $1000 to open an Advanced account. BX Markets promises to trade with a leverage of 500:1 in this account. The Professional account is the most expensive account-it costs $10,000 dollars, with the leverage up to 500:1.

　　Deposit & Withdrawal

　　The minimum deposit is $500, which is almost twice amount of the industry standard. As for payment methods available, BX Markets does not make this part clear. In most cases, most brokers support traders to fund their accounts through Credit Card, Debit Card, Bank Transfer, as well as some online payment processors like Skrill and Neteller.

　　Customer Service

　　The BX Markets customer support team can be reached through phone: +44(0)12023481 (UK Code), as well as email: support@bx-market.com.