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WikiFX Review: Is XGLOBAL Reliable?

WikiFX | 2023-10-16 18:15

Abstract:XGLOBAL FX Ltd was founded in 2012 with headquarters in Cyprus, and is a wholly-owned subsidiary of XGLOBAL Holding Ltd, XGLOBAL provides investors with mainstream and popular tradable instruments in the financial markets, mainly Forex, precious metals, stock indices, and energy. WikiFX has given this broker a score of 4.95/10. Should you give this broker a try?

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About XGLOBAL

XGLOBAL FX Ltd was founded in 2012 with headquarters in Cyprus, and is a wholly-owned subsidiary of XGLOBAL Holding Ltd, XGLOBAL provides investors with mainstream and popular tradable instruments in the financial markets, mainly Forex, precious metals, stock indices, and energy. WikiFX has given this broker a score of 4.95/10. Should you give this broker a try?

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Regulation Status

This broker is currently regulated offshore by the Vanuatu Financial Services Commission (Regulatory Number: 15062). XGLOBAL FX belongs to an international group along with XGlobal Markets - a broker licensed by the Cyprus Securities and Exchange Commission (CySEC).

Trading Platform

XGLOBAL provides traders with Meta Trader5, MT5 for Apple PC, Android, iPad, and Apple mobile trading software.

Account Types & Minimum Deposit

XGLOBAL offers investors three types of accounts. They are XG RAW, XG ZERO, and XG ISLAMIC. You can find the details below.

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Leverage

The leverage for these three accounts is 1:500, which is considerably high. We suggest that newbies and inexperienced traders understand the potential risks before making a decision.

Comments about this broker on WikiFX

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Conclusion

Considering 4.95/10 is not a high score, we advise you to do more research and make yourself comfortable before investing in this broker as there are many alternatives that exist.

If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.

The WikiFX score of a broker can be increased or decreased if the broker is constantly running the business in a good or bad direction. Before deciding to invest in this broker, make sure to open WikiFX and check the latest updates about this broker, so you may not regret every step you make.

Click on XGLOBAL's WikiFX page for details

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Broker

Related broker

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XGLOBAL
Company name:XGLOBAL FX Ltd
Score
6.38
5-10 years | Regulated in Cyprus | Regulated in Vanuatu | Straight Through Processing (STP)
Score
6.38

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