Score

1.78 /10
Danger

XA Markets

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index5.40

Risk Management Index0.00

Software Index7.21

License Index0.00

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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

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Broker Information

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Company Name

XA MARKETS LTD

Company Abbreviation

XA Markets

Platform registered country and region

India

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

XA Markets · Company summary
XA Markets Review Summary
Founded2023
Registered Country/RegionIndia
RegulationNo regulation
Market InstrumentsForex, metals, shares, indices, commodities, cryptocurrencies, ETFs
Demo Account
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMT5
Social Trading
Min Deposit$10
Customer Support24/7 support
Tel: +914953501103
Email: info@xamarkets.com
Twitter: https://twitter.com/xamarkets
Facebook: https://www.facebook.com/xamarketss
Instagram: https://www.instagram.com/xamarkets
Office address: 1401, 2/1149-A73, 4Th Floor, Hilite Business Park, Thondayad Bypass, Kozhikode, Kerala, India

Founded in 2023, XA Markets is an Indian broker, offering trading in forex, metals, shares, indices, commodities, cryptocurrencies, and ETFs with leverage up to 1:500 and spread from 0.0 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 10 USD.

XA Markets' homepage

Pros and Cons

ProsCons
Various trading productsNew to the market
Demo accountsNo regulation
MT5 platform
Social trading
24/7 support

Is XA Markets Legit?

No, XA Markets does not have any licenses from regulatory institutions. Please be aware of the risk!

Domain information

What Can I Trade on XA Markets?

Tradable InstrumentsSupported
Forex
Metals
Commodities
Indices
Shares
Cryptocurrencies
ETFs
Bonds
Options
What Can I Trade on XA Markets?

Account Type

Account TypeMin Deposit
Standard$10
Pro$1,000
Account comparison

Leverage

The leverage is capped at 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Asset ClassMax Leverage
Forex/
Metals1:500
Shares1:10
Indices1:100
Commodities/
Cryptocurrencies1:50

XA Markets Fees

Asset ClassSpreadCommission MarginSwap
ForexTightestLow
MetalsTightest on gold and silver//
Shares/
IndicesTightest on all commodities
CommoditiesTightestLow
Cryptocurrencies/

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, mobileExperienced traders
MT4/Beginners

Deposit and Withdrawal

XA Markets accepts payments via VISA, Mastercard, M-PESA, and Bank Transfer.

Payment options

User Reviews

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User comment

5

Comments

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Arctant vecy
more than one year
There's a bunch of easy-peasy educational resources, perfect for beginners. After checking out a few trading tutorials, I got the hang of the process in no time, and there's a wide range of products to trade too!
There's a bunch of easy-peasy educational resources, perfect for beginners. After checking out a few trading tutorials, I got the hang of the process in no time, and there's a wide range of products to trade too!
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2024-07-31 18:49
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Hdfejk
more than one year
Love the app. Been using it since last year and it's helped me save and start to generate some dividends income. So easy to use!
Love the app. Been using it since last year and it's helped me save and start to generate some dividends income. So easy to use!
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2024-06-21 12:08
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