Score

1.48 /10
Danger

XFlow Markets

Saint Lucia

2-5 years

Suspicious Regulatory License

High potential risk

C

Add brokers

Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

XFlow Markets INC

Company Abbreviation

XFlow Markets

Platform registered country and region

Saint Lucia

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-01-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
XFlow Markets · Company summary
FeatureInformation
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market Instrument200+ trading instruments, including FX, cryptocurrencies, stocks, precious metals, and indices
Account TypeFlowX, ProX and RawX
Demo AccountYes
Maximum Leverage1:500
Spread0.3 pips
CommissionNo
Trading PlatformMetaTrader4, MT4 WebTrader, MT4 for iPhone, Android, and iPad/Tablet, XFlow WebTrader, XFM Tab, XFM Mobile, XFM API
Minimum Deposit$100
Deposit & Withdrawal MethodVISA, MasterCard, Local Transfers, PaySera, Alipay, Skrill, Neteller, PayPal, UnionPay, SEPA, Bitcoin, Bank Transfers

XFlow Markets Information

XFlow Markets, a trading name of XFlow Markets LLC, is a forex brokerage registered in Saint Vincent and the Grenadines, allegedly offering its clients access to over 200 trading instruments, variable spreads from 0.3 pips, leverage up to 1:500, as well as 24/5 customer support service.

The company provides different account types, such as the FlowX Account, ProX Account, and RawX Account, catering to different trading needs and preferences. Each account type has its own minimum deposit requirement and offers access to a range of financial instruments with varying trading conditions.

XFlow Markets offers a range of trading platforms, including MetaTrader 4 (MT4) and their own proprietary platforms like XFlow, xTab, xMobile, and xAPI. These platforms provide traders with various features, such as charting tools, real-time data, and automated trading options.

Here is the home page of this brokers official site:

XFlow Markets Information

Pros and Cons

ProsCons
Diverse range of market instrumentsLack of regulatory oversight
Market calendar, news, and macro dataPotential risks associated with trading unregulated instruments
Availability of popular cryptocurrenciesLack of investor protection
Empowerment for robots, algorithms, and trading appsHigher minimum deposit requirements for ProX and RawX accounts
Wide range of payment options available
Real-time data export (MT4 platform)

Is XFlow Markets safe to trade with?

XFlow Markets is just an offshore forex broker and it has been verified that this broker is not authorized or regulated by any regulatory authorities.

Market Instruments

With the XFlow Markets platform, traders can get access to 200+ trading instruments, such as FX, cryptocurrencies, stocks, precious metals, and indices.

Forex:

XFlow Markets provides access to the forex market, allowing traders to participate in currency trading. This includes major currency pairs such as EUR/USD, GBP/USD, and USD/JPY, among others. Forex trading offers opportunities to profit from fluctuations in exchange rates.

Commodities:

Traders can also engage in the trading of various commodities through XFlow Markets. This includes popular commodities like oil, natural gas, precious metals such as gold, silver, and platinum, as well as agricultural products like cocoa, soybeans, cotton, sugar, corn, and wheat. Additionally, industrial metals like copper, zinc, nickel, and aluminum are available for trading.

Indices:

XFlow Markets offers trading opportunities in major stock indices from around the world. Traders can access and trade popular indices like the S&P 500, NASDAQ, FTSE 100, DAX 30, and many others. Trading indices allows investors to speculate on the performance of a basket of stocks representing a particular market or sector.

Cryptocurrencies:

XFlow Markets provides access to a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP), among others. Crypto trading allows traders to take advantage of price movements in digital currencies and potentially profit from their volatility.

Stocks:

Through XFlow Markets, traders can also engage in stock trading. This includes well-known stocks from companies like Amazon, Facebook, Microsoft, Netflix, Google, Alibaba, Apple, and IBM, among others. Stock trading offers investors the opportunity to buy and sell shares in publicly listed companies.

market-instruments

Account Types

Account TypeFlowX AccountProx AccountRawX Account
Minimum Deposit$100$1,000$10,000
Available Base CurrenciesUSDUSDUSD
Spreads From1.5 pips2.1 pips0.3 pips
Max Leverage1:500*1:500*1:500*

How to Open an Account?

To open an account with XFlow Markets, follow these steps:

  1. Visit the XFlow Markets website and locate the “Open your XFLOW ACCOUNT” button. Click on it to initiate the account opening process.
open-account

2. Personal Information: Provide your full name, gender, email address, and confirm the email address by entering it again. Enter a phone number including the country code. Enter your date of birth.

open-account

3. Address: Fill in your address details. Specify your country, state, city, and zip code. Enter your complete address.

open-account

4. Secure Your Account: Create a secure password for your XFlow Markets account. The password should be at least six characters long. Enter your chosen password and confirm it by entering it again.

open-account

After completing these steps, review the information you have provided to ensure accuracy. Once you are satisfied, click on the confirmation button to submit your account application to XFlow Markets.

Leverage

XFlow Markets provides traders with a maximum trading leverage of up to 1:500.

Spreads & Commissions

AMP Globals fee structure varies across its account types. The FlowX Account requires a minimum deposit of $100, with spreads starting from 1.5 pips and leverage of up to 1:500*. The Prox Account has a higher minimum deposit of $1,000, offering tighter spreads starting from 2.1 pips, while the RawX Account, designed for advanced traders, requires a $10,000 minimum deposit and offers the tightest spreads starting from 0.3 pips, with the same leverage of 1:500*. All accounts use USD as the base currency.

Trading Platform

XFlow Markets has enhanced the MT4 platform to support No Dealing Desk Forex execution. This means there are no third-party bridges or auto account syncs involved. The key features of MT4 include a Market Watch Window, Navigator Window, multiple order types, 85 pre-installed indicators, analysis tools, multiple chart setups, automated trading, and order execution capabilities. Clients can enjoy real-time data export via DDE protocol, first-class charting with an unlimited quantity of charts, and access to a free MT4 download and demo account.

trading-platform

MT4 WebTrader:

The MT4 WebTrader is a browser-based version of the MT4 platform, designed for a user-friendly interface. It offers 24 analytical instruments, updates on financial market news, collaborative symbol charts, trade history, and the ability to trade from anywhere in the world, 24/5. Traders have complete control over their trading accounts through this web-based platform.

trading-platform

MT4 for Android:

The MetaTrader 4 Android OS App is a comprehensive trading platform for Android mobile devices. It provides a wide range of features, including 24 analytical instruments, financial market news updates, collaborative symbol charts, trade history, and the ability to trade from anywhere in the world, 24/5. Traders can have complete control over their trading accounts using this app.

trading-platform

MT4 for iPad:

MetaTrader 4 for iPad/iPhone is known as the world's most efficient platform for iOS-powered devices. It offers a vast selection of brokers and servers to trade from. The platform includes 24 analytical instruments, financial market news updates, collaborative symbol charts, trade history, and the ability to trade from anywhere in the world, 24/5. Traders can also enjoy chat options, audio notifications, and push notifications.

trading-platform

XFlow, xTab, xMobile, and xAPI:

XFlow Markets introduces its own trading platforms, namely XFlow, xTab, xMobile, and xAPI. XFlow is an ultra-fast web-based trading platform that supports over 300 tradable assets, including forex pairs, indices, commodities, cryptocurrencies, and global stocks. It offers advanced chart trading, market calendar, news, and macro data, and various customization options.

trading-platform

xTab is designed for trading on the move from iPad or Android tablets, offering advanced charting, fast performance, market calendar, news, and macro data.

xMobile provides trading capabilities on Android and iOS phones, featuring advanced charting, fast performance, and access to market calendar, news, and macro data.

xAPI empowers traders with the ability to operate robots, algorithms, and trading apps. It supports coding in any language, ultra-fast execution, and the development of various trading applications without restrictions.

Trading Platform

Trading Tools

XFlow Markets offers a range of trading tools to assist users in their trading activities. These tools include Technical Analysis, Daily Outlook, Weekly Outlook, Economic Calendar, Rollover Table, and Margin Calculator.

Technical Analysis:

The Technical Analysis tool provides insights into the market trends and price movements of various commodities, such as coffee and copper. It includes graph images and analysis conducted by the research team. Users can stay updated with the latest information on commodity prices and make informed trading decisions.

trading-tools

Daily Outlook:

The Daily Outlook tool offers a comprehensive overview of the market for specific currency pairs, such as USD/CAD, USD/JPY, and other assets like oil and indices. It provides graph images, analysis, and commentary on the recent performance and factors influencing the market. Traders can gain valuable insights to guide their daily trading strategies.

trading-tools

Weekly Outlook:

The Weekly Outlook tool focuses on providing a broader perspective of the market. It offers detailed analysis and graph images for assets like XAUUSD (Gold). Traders can access information on recent market trends, upcoming events, and potential trading opportunities to plan their strategies for the week.

trading-tools

Economic Calendar:

The Economic Calendar tool helps traders keep track of important economic events and announcements that can impact the financial markets. It provides a schedule of key economic indicators, central bank meetings, and other significant events. By staying informed about these events, traders can anticipate potential market volatility and adjust their trading positions accordingly.

Rollover Table:

The Rollover Table tool displays information related to the rollover dates for various trading instruments. It allows traders to see the months in which rollover occurs for different instruments, such as AUS200, BRAIND, BUND, CHNCOMP, and COCOA. This information is useful for traders who wish to manage their positions and adjust their trading strategies based on rollover dates.

trading-tools

Margin Calculator:

The Margin Calculator tool helps traders calculate the required margin for their trades based on the leverage and position size. By entering the necessary parameters, traders can quickly determine the margin requirements for their trades, enabling them to manage their risk.

trading-tools

Deposit & Withdrawal

The minimum deposit amount is $100. XFlow Markets allows its clients to make a deposit and withdrawal through an array of payment options, which include: VISA, MasterCard, Local Transfers, PaySera, Alipay, Skrill, Neteller, PayPal, UnionPay, SEPA, Bitcoin, Bank Transfers.

Customer Support

XFlow Markets offers various channels for traders to reach out for customer support regarding inquiries and trading-related issues. The available options include:

  1. Telephone: Traders can contact XFlow Markets' customer support team by dialing +44 20 3835 5241.
  2. Email: Another way to get in touch with customer support is through email at support@xflowmarkets.com. Traders can send their queries or concerns to this email address for assistance.
  3. Contact Form: XFlow Markets provides a contact form on their website, allowing traders to submit their messages or questions directly through the form.
  4. Social Networks: XFlow Markets can also be followed on various social networks such as Twitter, Facebook, Instagram, YouTube, and LinkedIn. Traders can connect with the broker through these platforms for additional support or updates.
customer-support

Conclusion

XFlow Markets is an online forex and CFD broker that offers a range of trading services to its clients. It provides access to various financial instruments, including currencies, commodities, and indices, allowing traders to speculate on price movements. One advantage of XFlow Markets is its user-friendly trading platform, which offers a range of tools and features to assist traders in making informed decisions. However, the broker has faced criticism for its customer support, with some users reporting slow response times and unhelpful assistance. Additionally, XFlow Markets has been accused of lacking transparency in its pricing structure, leading to concerns about hidden fees and potential conflicts of interest.

Frequently Asked Questions (FAQs)

Q 1:Is XFlow Markets regulated?
A 1:No. It has been verified that XFlow Markets currently has no valid regulation.
Q 2:At XFlow Markets, are there any regional restrictions for traders?
A 2:Yes. XFlow Markets does not offer CFDs to residents of certain jurisdictions including Belgium, Iran, Canada, North Korea, the USA, Cuba, Syria and FATF Black Listed Countries.
Q 3:Does XFlow Markets offer demo accounts?
A 3:Yes.
Q 4:Does XFlow Markets offer the industry-standard MT4 & MT5?
A 4:Yes. XFlow Markets supports MetaTrader4, MT4 WebTrader, MT4 for iPhone, Android and iPad/Tablet, XFlow WebTrader, XFM Tab, XFM Mobile, and XFM API.
Q 5:What is the minimum deposit for XFlow Markets?
A 5:The minimum initial deposit to open an account is $100.

User Reviews

More

User comment

69

Comments

Write a review

Contter
more than one year
I checked out three kinds of accounts in total, and the RawX account really caught my eye. Or, maybe I could start with a virtual account first just to get my feet wet. It left a really good impression on me!
I checked out three kinds of accounts in total, and the RawX account really caught my eye. Or, maybe I could start with a virtual account first just to get my feet wet. It left a really good impression on me!
Translate to English
2024-07-26 16:39
Reply
0
0
bala874
6-12months
XflowMarket borker provides risk management tools such as stop-loss orders and take-profit levels to help traders manage their positions effectively. support team very friendly and helpful it's good for investor and trader
XflowMarket borker provides risk management tools such as stop-loss orders and take-profit levels to help traders manage their positions effectively. support team very friendly and helpful it's good for investor and trader
Translate to English
2024-06-07 17:13
1
1
0
3