XA Markets Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-25 13:50Abstract：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 Review Summary | |
| Founded | 2023 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Forex, metals, shares, indices, commodities, cryptocurrencies, ETFs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | MT5 |
| Social Trading | ✅ |
| Min Deposit | $10 |
| Customer Support | 24/7 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.
Pros and Cons
| Pros | Cons |
| Various trading products | New to the market |
| Demo accounts | No 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!
What Can I Trade on XA Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Account Type
| Account Type | Min Deposit |
| Standard | $10 |
| Pro | $1,000 |
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 Class | Max Leverage |
| Forex | / |
| Metals | 1:500 |
| Shares | 1:10 |
| Indices | 1:100 |
| Commodities | / |
| Cryptocurrencies | 1:50 |
XA Markets Fees
| Asset Class | Spread | Commission | Margin | Swap |
| Forex | Tightest | ❌ | Low | ❌ |
| Metals | Tightest on gold and silver | / | / | |
| Shares | / | ❌ | ||
| Indices | Tightest on all commodities | |||
| Commodities | Tightest | ❌ | Low | |
| Cryptocurrencies | / | |||
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
XA Markets accepts payments via VISA, Mastercard, M-PESA, and Bank Transfer.
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