Score
XXLMARKETS
United Kingdom|2-5 years| https://xxlmarkets.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 7441427348
Other ways of contact
Broker Information
More
XXLMARKETS
XXLMARKETS
United Kingdom
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $25.000 |
| Minimum Spread | From 0 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | 1.2 PIPS PER CLOSED LOT |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $10.000 |
| Minimum Spread | From 2.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | $500 |
| Minimum Spread | From 2.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
Users who viewed XXLMARKETS also viewed..
XM
MultiBank Group
IC Markets Global
STARTRADER
XXLMARKETS · Company Summary
Note: XXLMARKETS' official website: https://xxlmarkets.com/ is currently inaccessible normally.
| XXLMARKETSReview Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | forex, stocks, CFDs, indices, and commodities |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 2.3 pips (Bronze account) |
| Trading Platform | MT4, Web Trader, Tablet Trader, Mobile Trader |
| Min Deposit | $500 |
| Customer Support | Contact form |
| Phone: +44 7441427348 | |
| Email: support@xxlmarkets.com | |
XXLMARKETS was founded in the United Kingdom in 2021. It offers various trading assets, like forex, stocks, CFDs, indices, and commodities with leverage up to 1:500 and spread from 0pips. However, it currently has no any valid regulations.
Pros and Cons
| Pros | Cons |
| Various trading assets | Not regulated |
| Popular trading platform MT4 | Wide spread |
| High minimum deposit | |
| Lack of transparency |
Is XXLMARKETS Legit?
XXLMARKETS is not regulated by any financial authorities, even the local FCA shows no results about it. It means traders have the risks of being cheated. Traders should be alerted when trading.
What Can I Trade on XXLMARKETS?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
XXLMARKETS provides three account types: Bronze, Silver and Golden.
| Account Type | Minimum Deposit |
| Golden | $25000 |
| Silver | $10000 |
| Bronze | $500 |
Leverage
The leverage of XXLMARKETS is up to 1:500. High leverage always comes with high profits and high losses.
Spreads and Commissions
The spreads of XXLMARKETS are the same in the Bronze account and Silver account starting from 2.3 pips, and commissions are free for these two accounts. But the spread on the Golden account starts from 0.0 pips, and requires a commission of 1.2 pips per closed lot.
Other Fees
The only fee specified in the Customer Agreement is that for an inactive account – 60 USD per month.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile and Web | Beginners |
| Web Trader | ✔ | Web | Experienced traders |
| Mobile Trader | ✔ | iPhone and Android | |
| Tablet Trader | ✔ | Web |
Deposit and Withdrawal
XXL Markets claims it can be pay through VISA, Mastercard, Web Money and Skrill, but in reality the only payment options appear to be bitcoins, bank wire transfers, and some obscure payment provider called Virtual Pay.
Review 1
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now