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XBMarkets

Cyprus Cyprus | 5-10 years |
Regulated in Cyprus | Derivatives Trading License (STP) | Suspicious Operational Region | Medium Risk

https://www.xbmarkets.com

Website

Rating Index

Contact

+357 25262719
https://www.xbmarkets.com
Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus
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No Broker Account Restrictions

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40G

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WikiFX Risk Alerts
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Redpine Capital Ltd
Abbreviation
XBMarkets
Employees
--
Email
support@xbmarkets.com
Contact Number
+35725262719
Address
Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus
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Verified Site

  • United States xbmkforex.com
    104.21.28.99
  • United States xbmarkets.com
    107.180.34.197

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XBMarkets

Related Companies

REDPINE CAPITAL LTD.(Ontario (Canada))
Canada
REDPINE CAPITAL LTD.(Ontario (Canada))
Active
Canada
Registration No.
2591188
Est. Date
REDPINE CAPITAL LIMITED(Cyprus)
Cyprus
REDPINE CAPITAL LIMITED(Cyprus)
Active
Cyprus
Registration No.
HE393695
Est. Date
Employees

Company Profile

Company Profile

Review summary

Note: XBMarkets's official website: https://www.xbmarkets.com is currently inaccessible normally.

XBMarkets Review Summary
Founded2018
Registered Country/RegionCyprus
RegulationCYSEC
Market Instrumentsforex, energy, metals, indices, shares, futures
Demo Account
Leverage1:200
EUR/USD Spreads1.8 pips (Bronze)
Trading PlatformsMT5
Minimum Deposit$400
Customer SupportEmail: support@xbmarkets.com
Telephone: +357 25262719
Live chat
Deposits & WithdrawalsSafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoney

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.

XBMarkets Information

Pros & Cons

ProsCons
6 Trading InstrumentsHigh Spreads
Regulated by Cyprus Securities and Exchange Commission (CYSEC)High Minimum Deposit
MetaTrader 5 (MT5) Trading Platform
3 customer supports

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.

Is XBMarkets Legit?

What Can I Trade on XBMarkets?

XBMarkets offers six types of trading instruments: forex, energy, metals, indices, shares, and futures.

Tradable InstrumentsSupported
Forex
Energy
Metals
Indices
Shares
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.

Account TypeMinimum DepositStock CommissionMax Leverage (Retail)Max Leverage (Professional)Target Audience
Bronze$400$0.30 per share1:301:200Beginners
Silver$10,000$0.25 per share1:301:200Intermediate Traders
Gold$50,000$0.20 per share1:301:200Experienced Traders
Diamond$100,000$0.15 per share1:301:200High-Net-Worth Individuals & Professionals
Accounts Type

Leverage

XBMarkets offers different leverage levels for retail clients based on the asset class.

For Retail Clients:

Asset classLeverage
Forex Majors1:30
Forex Minors1:20
Major Indices1:20
Minor Indices1:10
Gold1:20
Metals1:10
Energies1:10
Futures1:10
Stocks1:05

For Professional Clients:

Asset classLeverage
FX1:200
Indices1:100
Metals including Gold1:100
Energies1:100
Futures1:50
Shares1:05

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.

Account TypeSpreads Starting From
Bronze1.8 pips
Silver1.6 pips
Gold1.4 pips
Diamond1.2 pips

Trading Platform

XBMarkets offers the MT5 trading platform to users, available on both desktop and mobile devices.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
MT4Mobile and Desktop(Windows & macOS)Beginner

Deposits & Withdrawals

XBMarkets supports deposits through various methods, including SafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoney, with deposits processed immediately.

Deposits & Withdrawals

Company Profile

  • 5-10 years
  • Regulated in Cyprus
  • Derivatives Trading License (STP)
  • Suspicious Operational Region
  • Medium Risk

Wiki Q&A

Is it risky to trade with XBMarkets?

XBMarkets presents a profile of a regulated entity with standard market risks. The broker holds a Derivatives Trading License from the Cyprus Securities and Exchange Commission (CYSEC), which imposes client fund segregation and reporting requirements. Its 8.9 score in risk control suggests a structured approach to operational risk management. As with all leveraged trading, clients should be aware of the inherent financial risks.

04-02
United States

Is XBMarkets regulated?

Yes, XBMarkets is a regulated entity. It operates under Redpine Capital Ltd, which holds a valid Derivatives Trading License (STP) with regulation number 391/20 from the Cyprus Securities and Exchange Commission (CYSEC). The broker has been active in the market for approximately 5-10 years.

04-02
United States

Is XBMarkets suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose XBMarkets or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with XBMarkets?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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