On-line since: About the company: XGlobal Markets Ltd has been operating since 2012. The company is registered and headquartered in Cyprus at 162 Fragklinou Rousvelt, 1stFl. 3045, Limassol. This STP broker ensures an instant order execution and provides the markets of highly liquid assets. The company adopts the same approach to all customers: the broker provides both legal entities and individuals with a unified account with flexible trading terms. Products and services The XGlobal Markets clients can trade 40 currency pairs, energy commodities, indices, and futures for precious metals. Traders can open an unlimited number of deals and use advisors. The company also offers the opportunity of trading the news, scalping, and hedging. Security of funds According to the information from the official website, customer funds are kept in segregated accounts with reputable European financial institutions. Besides, according to Directive DI144-2007-01 regarding authorization and operating conditions of Cypriot Investment Firms, CIFs are required to follow all necessary steps designed to ensure that client funds are deposited in an account or accounts identified separately from any accounts used to hold funds belonging to the company. In addition, the broker is a member of the Investor Compensation Fund, which means that customers can claim compensation if the company is unable to fulfill its obligations. Accounts and currencies Customers can choose from two account types: STP and ECN. The account currencies are USD, EUR, JPY, and GBP. Besides, traders can open a demo account. Minimum deposit The minimum deposit is $500, which is a rather high threshold for a broker of this level. Spreads and commissions Spreads range from 1 to 3 pips. Leverage Traders can enjoy leverange of up to 1: 200 for currencies and up to 1:50 for precious metals. Trading platforms XGlobal Markets offers its customers trading through the popular MetaTrader4 platform and its modifications such as a classic version for Windows, a modified version for Mac OS, mobile trading apps based on Android and iOS, as well as a version for trading on tablets, optimized for touchscreens. Customer service Traders can contact a customer service team by phone or email indicated on the broker's website. Besides, each client is allocated a Personal Account Manager who is able to provide fast and quality support. Feedback from traders We did not find any positive comments about the company's work. viktor1965 07.10.2019 I find the actions of XGLOBAL Markets fraudulent. I have been asking the company to return my money since March 2019, but they no longer respond. Viking30 06.06.2019 The company's work can be described with one word: a fraud!!!! Gone with my money. vanaol 10.05.2019 Guys, yesterday I decided to find true and unbiased reviews from real traders in forums. I just got nervous ... stop orders do not execute, often... I am just waiting for XGLOBAL Markets to give me $2,000 back... Well, I was thinking, you know, anything's possible... but much time has passed... So, I have read the reviews and realized that such things happen, people are complaining .. what can you add? Andrey 15.03.2019 We have repeatedly discussed problems with the withdrawal of funds. Why do you trade with this "company"? Find a decent broker. Vladislav 06.02.2019 The main problem is to withdraw money. The company does not give large amounts of money back - you have to withdraw it in parts. I do not like it at all. Maxim 22.01.2019 The broker's been having never-ending problems with the withdrawal of funds. This is not the first time I have experienced it. When you start complaining; they conduct a complete verification, require a passport scan and so on. And even after all the documents are presented, they do nothing but block access to your client cabinet. Advantages:
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XGlobal Markets is an ordinary broker. Nothing special, spreads widen even on normal market, and client service is not so good. I can hardly reach their client support team. It takes a lot of time and effort to talk with their client support team. I would not recommend XGlobal Markets broker.
I'm so happy to trade with XGlobal Markets broker. I'm glad that I found them as a reliable broker for my forex trading. I have been trading with them for 6 months using the MT4 platform. The platform is working well, easy to customize, and has good executions. Trading with XGlobal Markets is easy and commission-free when I do deposits or withdrawals. Besides, they are also well-regulated broker, so I don't need to worry about investing my money with XGlobal Markets. I would suggest all traders trade with XGlobal Markets, it's the perfect broker.
Definitely I will not recommend XGlobal Markets broker. I experienced that, the trades closing not in the same price, where I requested, especially in SL, if the price was near of SL. If I place order during the news time, they wont allow me to close the order until the market goes against you. Be aware and stay away from XGlobal Markets broker.
It has been one year and eight months since I started trading at XGlobal and so far, my experience is pleasant. I am fairly new to trading but I am able to adjust well because their tools are easy to use.
I have been trading with XGlobal Markets for six months, and I always like their trading conditions. I thought that their minimum deposit is little bit high, but now I know based on my trading experience with them. They always provide excellent services, and their customer support is nice. The trading platform works perfectly with low spread and real-time prices. The platform keeps stable, and they execute orders on time. I like their withdrawal process, I always use PayPal for withdrawal, it's easy and efficient. Trading cost is low, and they don't have a hidden commission.
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