Note: XBMarkets's official website: https://www.xbmarkets.com is currently inaccessible normally.
XBMarkets Information
XBMarkets is a regulated brokerage firm that offers six types of trading instruments, including forex, metals, futures, energy, indices, and shares. It also provides various account types—Bronze, Silver, Gold, and Diamond.
Pros & Cons
Is XBMarkets Legit?
XBMarkets is regulated by the Cyprus Securities and Exchange Commission (CYSEC), holding a Straight Through Processing (STP) license with the license number 391/20.
What Can I Trade on XBMarkets?
XBMarkets offers six types of trading instruments: forex, energy, metals, indices, shares, and futures.
Accounts Type
XBMarkets offers four types of live trading accounts: Bronze, Silver, Gold, and Diamond. The Bronze account is suitable for beginners, the Silver account for intermediate traders, the Gold account is designed for experienced traders, and the Diamond account is suitable for high-net-worth individuals and professional traders.
XBMarkets offers demo accounts and the account opening process is relatively simple and quick. Users need to register for a personal account, fill out the application form, and submit it.
Leverage
XBMarkets offers different leverage levels for retail clients based on the asset class.
For Retail Clients:
For Professional Clients:
XBMarkets Spreads
XBMarkets offers varying spreads by account type: the Bronze account starts at 1.8 pips, the Silver at 1.6 pips, the Gold at 1.4 pips, and the Diamond at 1.2 pips.
Trading Platform
XBMarkets offers the MT5 trading platform to users, available on both desktop and mobile devices.
Deposits & Withdrawals
XBMarkets supports deposits through various methods, including SafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoney, with deposits processed immediately.
