Home -
Exposure -
Main body -

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
SBCFX
AVATRADE
FOREX.com
D prime

Rumors or Reality? XEROMARKETS is on the verge of Collapse

WikiFX | 2023-05-08 18:16

Abstract:There is a rumor said XEROMARKETS, an online forex broker, is about to close its operation without publicly informing its customers. This article is to go deep into this broker.

img_v2_3cb3af92-5606-4352-be18-aae5d30c21bg.jpg

There is a rumor said XEROMARKETS, an online forex broker, is about to close its operation without publicly informing its customers. This article is to go deep into this broker.

If you want to know more information, you can check the article via this link.

FROM XEROMARKETS TO ZERO

According to the report, XERO Markets recently declare bankruptcy, and a lot of traders who use this platform are starting to worry. In addition, this broker has been given a low score by WikiFX and we also received a lot of complaints against this broker. Be careful!
Exposure 2023-05-06
相关内容

About XEROMARKETS

Xero Market is a relatively young forex broker. The company was founded in 2017 and is registered under the jurisdiction of Saint Vincent and the Grenadines. XeroMarket is focused on the Asian market. This broker has been given by WikiFX a low score of 1.93/10. And we can see that this broker does not have a regulatory license, which makes us doubt its reliability.

image.png

Rumors or Reality

Recently, XEROMARKETS has been accused of running away without paying the clients money. This broker reportedly had a secret meeting, During the meeting, XEROMARKETS claimed that the company will be closed on May 14, 2023, and all staff will be “released” within 2 weeks. In addition, the CEO of this broker will liquidate all assets in the XEROMARKETS accounts and pay the withdrawal of all clients in a staggered manner but the date has not been announced yet.

If we check on social media, we can see a lot of people unsatisfying with XEROMARKETS. WikiFX also received complaints about this broker. See below.

image.png
image.png

(The risk of trading on a platform that has no authority supervision. In fact, it's the same as his MO, he went to an outside broker, ran business for a few years, then disappeared.)

On Twitter, one investor named Nor Azam Budin claimed that XEROMARKETS is a broker without regulation, and it seems a non-permanent platform.

Many scam brokers are likely to scam investors‘ money and then abscond with the investors’ money.

image.png

(If the $200 deposit is lost, it's ok, but if the deposit is above $2k, it's done)

image.png

(I joined these things in 2016. I've already lost tens of thousands, including rolling money haha. But unfortunately, the admin has already run away, even after changing the name, many have joined back.) This investor claimed that she invested in the broker in 2016. And the broker absconds with the money.

When we open the website of this broker, we can see that this broker has used MT5 as its main trading platform.

image.png
image.png

(Seriously. Even though I just changed to MT5.)

There is More

Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. WikiFX will keep track of XEROMARKETS to find the latest news. Please stay tuned for more information.

If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!

img_v2_f06dea27-3b02-4ac8-a5bc-3693f047da7g.jpg
BrokerForex Analysis

Related broker

Not Regulated
XEROMARKETS
Company name:Xero Capital Markets Ltd
Score
2.07
Website:https://xeromarkets.com/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
2.07

Read more

Rupee Ends 13 Paise Up at 95.15 After RBI Holds Repo at 5.25%: The Effect of a Weak USD, Cooler Oil

The Indian rupee settled at 95.15 against the US dollar on 5 August 2026, gaining 13 paise after the Reserve Bank of India's Monetary Policy Committee voted 6-0 to keep the repo rate unchanged at 5.25 percent for the third time in a row in FY27. The rupee had opened 46 paise higher, rallied to an intraday strongest of 94.89 ahead of the policy decision, and then drifted back as RBI Governor Sanjay Malhotra noted that the currency 'has not appreciated as intended despite the high flows from foreign shores.' A weak dollar index, a sharp pullback in Brent crude from above USD 100 in July, and net FII equity inflows of Rs 2,447 crore on Tuesday combined to support the rupee. USD-INR is expected to trade in a 94.80-95.50 band in the near term.

Original 2026-08-07 18:43

Errante Review 2026: Users Claim a Poor Trading Experience. What Does Our Investigation Reveal?

Errante, a Seychelles-based brokerage entity, is facing serious trading allegations from users globally. Users claim to have earned profits legitimately using their strategies. However, on the Errante login dashboard, many users reported an automatic deduction of earned profits. At the same time, withdrawal issues allegedly haunt many traders here. While investigating, we also found complaints concerning trade order manipulations by the broker. In this Errante review, we have examined these allegations and given an overview of its regulatory status.

Original 2026-08-06 22:20

Forex Liquidity Provider in 2026: How to Choose One Your Brokerage Can Actually Operate

A forex liquidity provider decision now shapes the broker's spreads, fills, slippage, hedging cost, regulatory exposure, and exit options long after the platform is chosen. This 2026 guide explains what a forex LP actually delivers versus what the marketing claim says, how tier-1 banks, prime of prime, and multi-LP aggregators differ in practice, and how execution models (DMA, ECN, STP) change the broker's daily operating reality. It also walks through due diligence on credit, technology, reporting, governance, and exit, and shows how a 2026 broker can combine a primary LP with secondary routing without losing control of the client experience. Use the decision matrix, integration timeline, and operational tests to compare an fx liquidity provider before contract signature, not after a market event.

Original 2026-08-06 19:44

LMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?

Did LMAX Group deny you withdrawals citing frozen funds at the wallet service provider’s end? Have you been so exhausted by the endless withdrawal hassles that you have begun to stop investing in the platform? Has this UK-based liquidity provider even questioned your fund ownership status when you requested withdrawals? You are not alone! Many users have complained about these issues while sharing their LMAX Group reviews.

Original 2026-08-05 20:34

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
SBCFX
AVATRADE
FOREX.com
D prime

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated

Latest News

Apple Faces Lawsuit Over Fake Crypto App Exposing $1.8 Million Theft

WikiFX
2026-08-05 12:00

Trump Memecoin Faces SEC Scrutiny After Nearly One Million Investors Suffer Heavy Losses

WikiFX
2026-08-05 11:42

"They Want to See Your Face": Inside ATFX Cambodia's Rise

WikiFX
2026-08-05 10:30

Spread Cheating: The Invisible Trading Cost That Could Be Working Against You

WikiFX
2026-08-05 11:25

Levels Review: No Regulation and Mounting Withdrawal Complaints – What Traders Need to Know

WikiFX
2026-08-05 12:00

LQH MARKETS Review: Multiple Traders Report Withdrawals Blocked and Accounts Terminated

WikiFX
2026-08-05 11:00

Born2trade Adds Copy Trading to 1:5000 Leverage Platform

WikiFX
2026-08-05 15:00

PILOTFX Review: What Traders Should Know Before Depositing

WikiFX
2026-08-05 16:00

LMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?

WikiFX
2026-08-05 20:34

Trade24Seven Review: What Traders Should Know Before Depositing

WikiFX
2026-08-06 19:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Tverse Ai

Tverse Ai

Trading Profit Wave

Trading Profit Wave

Valleyacces

Valleyacces

ALTREXON

ALTREXON

APEX WISE LTD

APEX WISE LTD

Innovation Pinnacle Limited

Innovation Pinnacle Limited

Trust Axis Markets

Trust Axis Markets

MIRRI GROUP

MIRRI GROUP

Inter Forex Trade

Inter Forex Trade

Miragetraders

Miragetraders