XGLOBAL Markets is an online financial trading broker that operates from Limassol, Cyprus. They provide traders with the MetaTrader 5 trading platform for trading over 77 trading products, such as forex, metals, energies, commodities, and indices. The broker also provides traders with some educational resources and a client support team to assist with any questions. Clients can choose from a variety of different trading account types, and the required minimum deposit is $500. Their spreads start from 0.4 pips, and there is flexible leverage of up to 1:200.
XGLOBAL Markets Review Introduction
In this XGLOBAL Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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XGLOBAL Markets Platforms & Tools
Traders are allowed to trade the various available assets using the MetaTrader 5 trading platform. It is widely used by most forex and CFD traders owing to its user-friendly interface that is designed to suit both expert and beginner traders. The platform offers advanced financial trading tools for technical and fundamental analysis whilst supporting automated trading via expert advisors and copy trading. MT5 is available as a desktop application for Windows and Mac computers, a web trading terminal that can run directly on most modern web browsers, and a mobile app for Android and iOS devices. The mobile app can be downloaded from the relevant app stores and used to trade on the go.
XGLOBAL Markets Research & Education
The broker provides traders with the following educational materials: Beginner Courses on Forex trading, Japanese Candlesticks, Technical Indicators, Money Management, and more. Educational and research resources are important to all traders, especially the new traders, to improve their trading knowledge and also keep them informed about the latest events in the financial markets.
XGLOBAL Markets Trading Accounts
Traders can open any of the following trading account types: Raw Spread, Swap Free, Corporate, and Professional Accounts. The accounts are designed to suit the various trading needs of clients. There is also the demo account, which is beneficial for beginner traders who wish to try out the broker’s platforms and practice with virtual funds before opening a real trading account.
XGLOBAL Markets Account Funding
The following payment methods are accepted at XGLOBAL Markets for account deposits and withdrawals:
- Credit/Debit cards, including Visa and MasterCard
- Bank wire and Internal transfers
- E-Wallets, such as Skrill, Neteller, and more.
XGLOBAL Markets Customer Service
XGLOBAL Markets’ client support team is available 24/5 during working hours (09:00 to 18:00 EET) and can be reached through telephone, email, and social media.
XGLOBAL Markets Regulation
XGLOBAL Markets is a trading name of X GLOBAL Markets Limited, which is a European Investment Firm that is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF license, 171/12. The firm is registered in the Republic of Cyprus under the company name with a registration number, HE 291958.
XGLOBAL Markets Review Summary
XGLOBAL Markets is an online trading broker that was launched in 2012 in Cyprus. They provide traders with the MT5 trading platform for trading several financial instruments. Traders are provided with a selection of educational resources, while a client support team is available to assist them. There are multiple trading account types with a required minimum deposit of $500, low spreads starting from 0.4 pips, and flexible leverage of up to 1:200.
It is worth mentioning that some of the trading products and services in this XGLOBAL Markets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the XGLOBAL Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.