Abstract:Xcapital Markets is an online brokerage, although the platform offers leverage up to 1:500 and the MT4 trading platform, it is not regulated by any authority. Furthermore, its official website is inaccessible, causing the risks of trading with them. The minimum deposit required by the platform is $50.
Note: Xcapital Markets's official website: https://xcapitalmarkets.com/ is currently inaccessible normally.
Aspect | Details |
Company Name | Xcapital Markets |
Regulation | Unregulated |
Market Instruments | Forex, CFDs, Stocks, Indices, Commodities (oil, corn, gold, silver) |
Account Types | MAN ACCOUNT, INTERNATIONAL ACCOUNT, JSE EQUITIES CFDs |
Minimum Deposit | $50 |
Maximum Leverage | Up to 1:500 |
Spreads | N/A |
Trading Platforms | MetaTrader 4 (MT4) |
Customer Support | Email: info@xcapitalmarkets.com |
Deposit & Withdrawal | Bank cards (deposit, credit), Bank transfer, Payment systems (NETELLER, WebMoney, QIWI Wallet, Yandex.Money) |
Xcapital Markets is an online brokerage, although the platform offers leverage up to 1:500 and the MT4 trading platform, it is not regulated by any authority. Furthermore, its official website is inaccessible, causing the risks of trading with them. The minimum deposit required by the platform is $50.
Xcapital Markets operates without oversight from any regulatory authority, which introduces considerable investment risks. Without proper regulation, there are no guarantees for investor protection.
Xcapital Markets operates without oversight from any regulatory authority. The lack of regulation means that the platform operates without scrutiny and safety measures from regulatory bodies, making it risky for investors.
Pros | Cons |
Leverage up to 1:1000 | Unavailable Website |
MT4 offered | Lack of Transparency |
Regulatory Concerns |
Pros
Xcapital Markets provides traders with leverage as high as 1: 500. This feature allows traders to control large positions with a relatively small amount of capital, potentially increasing the return on investment.
The availability of the MetaTrader 4 (MT4) platform is a significant advantage. MT4 is a well-known and widely used trading platform that offers a user-friendly interface, advanced charting tools, automated trading through Expert Advisors, and a wide range of technical indicators.
Cons
Xcapital Markets offers the opportunity to trade in Forex, CFDs, stocks, indices, and commodities such as oil, corn, gold, and silver.
The maximum leverage offered by Xcapital Markets is up to 1:500, which is considered high. Trading with such an unregulated broker using high leverage is risky, since leverage can magnify returns as well as potential risks.
Xcapital Markets offers the Metatrader 4 trading platform. You dont need to download to your computer functional and user-friendly Webtrader, dont need to install and learn complex instructions to work with it.
Taders often note in reviews that the broker offers a limited choice of methods for depositing and withdrawing funds. Thus, the following options for transactions are available: Bank cards (deposit, credit), Bank transfer, and Payment systems (NETELLER, WebMoney, QIWI Wallet, Yandex.Money).
The money goes to traders bank accounts on time, usually within 5 working days.
As for the minimum deposit, it is $50.
Xcapital Markets offers customer support via email atinfo@xcapitalmarkets.com.
On WikiFX, “Exposure” represents user-generated feedback and experiences.
Traders are advised to carefully review and evaluate risks before engaging with unregulated platforms. For detailed information, please consult our platform. Report any fraudulent brokers in our Exposure section, and our team will address the issues.
Currently, there is one exposure report for Xcapital Markets.
Exposure. Website suspended
Classification | Website suspended |
Date | 2022-12-05 |
Post Country | Argentina |
Conclusion
Xcapital Markets is highly likely to be a forex scam. It is not regulated by any authority, and its official website is no longer accessible. There are also related user complaints on the WikiFX platform. Given that forex trading inherently carries risks, it is advisable to choose regulated platforms to ensure the safety of your funds.