Score
XIG Markets
Vanuatu|2-5 years| http://xigmarkets.com
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Malaysia 2.52Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Vanuatu
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
xigmarkets.com
Server Location
Singapore
Website Domain Name
xigmarkets.com
Server IP
148.66.159.95
Company Summary
General Information & Regulation
XIG Markets is a Vanuatu-registered forex brokerage, owned and operated by XIG Limited. It provides the MetaTrader 4 platform and а wide range of trading options.
However, it is unsafe to trade with this broker as it is not subject to any regulation.
Markets Instruments
Tradable financial instruments available on the XIG Markets platform include forex currency pairs, indices, options, stocks.
Minimum Deposit
XIG Markets does not indicate its minimum initial deposit. Still, have in mind that most brokers require an initial investment of about 250 USD, while some big players even do not have a minimum deposit requirement at all.
Leverage
The maximum leverage allowed with XIG Markets is higher than the levels, current restrictions impose on many regulated markets like the EU, the USA or Japan. And still, taking in to account that higher leverage means higher risk.
Spreads & Commissions
In terms of spreads and commissions, XIG Markets does not make this part clear. Unregulated brokers love to hide their real trading fees to scam traders.
Trading Platform Available
XIG Markets offer a web based trading platform for their binary options trade and a MetaTrader4 for forex and CFD trade. MT4 is a very practical trading solution – light and intuitive, it features user friendly charting tools, lots of market indicators and the option to support automated trading sessions with the help of specially designed, customizable trading robots.
No Demo Account
Although XIG Markets gives you the option to download MetarTrader4, no demo account is available for traders to check their trading conditions.
Deposit & Withdrawal
The supported payment methods are the standards Visa and MasterCard, e-wallets such as Skrill, Neteller and PerfectMoney, as well cryptocurrencies such as Bitcoin and Ethereum.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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