Corporate Profile
XGLOBAL Markets Is An Online Currency Trading Broker Regulated By The Cyprus Securities And Exchange Commission (CySEC) , Established In 2018 And Headquartered In Vanuatu. The Company Complies With The Relevant Regulations Of The Markets In Financial Instruments Directive (MiFID II) And Strictly Follows The Principle Of Non-conflict Of Interest With Its Clients. The Goal Of XGLOBAL Markets Is To Provide An Unparalleled Trading Experience To All Its Clients, Enabling All Investors To Access The Real Currency Trading Market In The Simplest Way Possible By Providing A Single Trading Account With No Deposit Threshold.
XGLOBAL Markets Is Committed To Providing Market Trading Features, Including Competitive Low Spreads On All Available Currency Pairs And Metals, With No Associated Commissions Or Hidden Fees. Clients' Trades Are Fully Automatically Hedged By Top Liquidity Providers, Ensuring Fairness And Transparency.
Regulatory Information
XGLOBAL Markets Is Currently Regulated By The Following Regulators:
- Cyprus Securities And Exchange Commission (CySEC) : XGLOBAL Markets Holds A License Issued By CySEC Under License Number 171/12 For Market Making.
- Vanuatu Financial Services Commission (VFSC) : XGLOBAL Markets Is Incorporated In Vanuatu And Regulated By The VFSC.
- German Federal Financial Supervisory Authority (BaFin) : XGLOBAL Markets Was Granted A Retail Foreign Exchange License From BaFin, But The License Was Revoked In 2020 .
Additionally, XGLOBAL Markets' Official Website States That It Does Not Provide Services To Jurisdictions That May Violate Local Laws Or Regulations, Such As The United States, Syria, Iran, And North Korea.
Trading Products
XGLOBAL Markets Offers Investors A Wide Range Of Financial Instruments Covering The Following Categories:
- Forex (Forex) : Includes Major Currency Pairs (e.g. EUR/USD, GBP/USD, Etc.) And Emerging Currency Pairs.
- Contracts For Difference (CFDs) : Offers CFD Trading Based On Stocks, Precious Metals, Energy And Indices.
- Precious Metals : Includes Gold, Silver, Platinum And Palladium.
- Energy : Includes Crude Oil And Natural Gas.
- Indices : Covers Major Global Stock Indices (e.g. Dow Jones Industries Average Index, S & P 500 Index, Etc.).
- Stocks : Offers Trading On Stocks Of Major Global Listed Companies.
Margin Ratios
XGLOBAL Markets Offers Different Maximum Leverage Ratios For Different Account Types:
- European Union Clients : Maximum Leverage Is 1:30 .
- Non-European Union Clients : Max Leverage 1:200 .
Spread & Commission
-
XG RAW Account :
- EUR/USD Spread Is 0.2 Pips .
- GBP/USD Spread Is 0.2 Pips .
- USD/CHF Spread Is 0.4 Pips .
- Commission Per Lot Is $7.50 .
-
XG STANDARD Account :
- EUR/USD Spread Is 1 Pip .
- GBP/USD Spread Is 1 Pip .
- USD/CHF Spread Is 1.2 Pips .
- No Commission.
Trading Software
XGLOBAL Markets Offers Clients Access To The World's Financial Marekt Through The MetaTrader 5 (MT5) Platform. MT5 Is One Of The Most Popular Online Forex And CFD Trading Tools Currently Available On The Market, Supporting The Following Features:
- Built-in Automated Trading Market : Allows Users To Trade Automatically Through Preset Trading Strategies.
- Multi-device Support : MT5 Is Available In Computer (Windows, MacOS) And Mobile (iOS, Android) Versions To Meet The Needs Of Different Traders.
- Advanced Charting Tools : Includes A Variety Of Technical Analysis Indicators And Chart Modes To Help Traders Conduct Market Analysis.
Deposit And Withdrawal Methods
XGLOBAL Markets Provides Investors With A Variety Of Deposit And Withdrawal Channels, Including:
- Debit/Credit Cards : Support VISA And Mastercard.
- Bank Telegraphic Transfer : Investors Can Deposit Or Withdraw Funds Via Bank Telegraphic Transfer.
- E-Wallet : Including Skrill, Neteller, FasaPay, Etc.
- Internal Transfer : Allows Investors To Transfer Funds Between Accounts.
IMPORTANT NOTE : XGLOBAL Markets Does Not Charge Any Deposit And Withdrawal Processing Fees Or Commissions, But Clients May Not Request The Transfer Of Funds To Third-party Accounts.
CUSTOMER SUPPORT
XGLOBAL Markets Offers A Variety Of Customer Support Methods:
- Phone Support : Customers Can Contact Customer Service At + 357 25 262002.
- Email Support : Submit Questions Via [email protected].
- Social Media Support : Customers Can Follow And Contact The Company On Social Platforms Such As Twitter, Facebook And LinkedIn.
Company Address: 162 Frangklinou Roosevelt, 1st Floor 3045, Limassol, Cyprus
Core Business And Services
The Core Business Of XGLOBAL Markets Includes:
- Forex And CFD Trading : Provides Investors With A Diverse Range Of Financial Instruments.
- Islamic Account : Provides Interest-free Trading Services For Sharia-compliant Investors.
- MAM Account Management : Allows Investors To Manage The Trading Activities Of Multiple Sub-accounts Through A Single Master Account.
- Autochartist Service : Utilizes Advanced Algorithms And Pattern Recognition Technology To Help Traders Identify Potential Trading Opportunities.
TECHNOLOBIC INSTRUCTIONS
XGLOBAL Markets' Technical Infrastructure Includes:
- MetaTrader 5 (MT5) : Provides Efficient Trade Execution And Market Analysis Capabilities.
- Automated Hedging System : Ensure That Client Orders Are Directly Matched With Top Liquidity Providers, Avoiding Human Intervention.
- Cyber Security : XGLOBAL Markets Uses Industry Standard Encryption Technology To Ensure The Security Of Client Data.
Compliance And Risk Control System
XGLOBAL Markets Strictly Adheres To The Following Compliance And Risk Control Measures:
- Client Funds Isolation : Client Funds Are Kept In Separate Bank Accounts To Ensure The Safety Of Funds.
- Risk Management Tools : Including Stop-loss/take-profit Functions, Margin Monitoring, Etc., To Help Traders Control Risks.
- Transparent Trading : All Trading Orders Are Open And Transparent To Avoid Conflicts Of Interest.
Market Positioning And Competitive Advantage
XGLOBAL Markets' Market Positioning Is To Provide Low-cost, High-transparency Foreign Exchange And CFD Trading Services To Global Investors. Its Competitive Advantages Include:
- Low Spreads : Especially In XG RAW Accounts, The Minimum Spread Is 0.2 Pips.
- No Commission Trading : XG STANDARD Account Provides No Commission Trading.
- Multi-language Support : The Official Website Supports Simplified Chinese, Traditional Chinese, English, French And Other Multi-language Interfaces.
- Multiple Account Types : Including XG RAW, XG STANDARD And XG ISLAMIC Accounts, To Meet The Needs Of Different Traders.
Customer Support And Empower
XGLOBAL Markets Empowers Clients In The Following Ways:
- Educational Resources : Provides Educational Resources Such As Market Analysis And Trading Strategies To Help Clients Improve Their Trading Capabilities.
- Technical Support : Provides Comprehensive Support Of The MT5 Platform To Ensure Smooth Trading.
- 24/7 Client Server : Provides Timely Support To Clients Through Multiple Channels.
Social Responsibility And ESG
XGLOBAL Markets, In Terms Of Social Responsibility, Mainly Fulfills Its Corporate Responsibility By Supporting Financial Education And Community Development. However, There Are Currently No Publicly Available Details Indicating Its Specific Practices In Terms Of ESG (environmental, Social, Governance).
Strategic Cooperation Ecology
XGLOBAL Markets Has Not Yet Publicly Disclosed The Specific Information Of Its Strategic Cooperation Ecology, But It Has Built An Ecosystem Around Forex And CFD Trading By Providing A Variety Of Trading Tools And Services.
Financial Health
XGLOBAL Markets' Financial Health Can Be Assessed Through Its Registered Capital And Client Funds Segregation Mechanisms. However, A More In-depth Analysis Of Its Financial Position Is Currently Not Possible Due To The Lack Of Public Financial Reporting.
Future Roadmap
XGLOBAL Markets' Future Roadmap Has Not Been Made Public, But It Is Foreseeable That The Company Will Continue To Expand Its Trading Products And Services To Meet The Needs Of Global Investors.