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Suspicious Clone
Score
1.28 /10
Danger
XMR Markets
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk
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Comparison
Expose
Exposure
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Website
Score
Regulatory Index0.00
Business Index5.21
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2025-01-31
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The South AfricaFSCA regulation (license number: 46452) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| XMR MarketsReview Summary | |
| Founded | 2022-11-18 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious Clone |
| Market Instruments | Forex/Commodities/Stocks/Indices/ETFs |
| Trading Platform | XMR Markets(Mobile/Web) |
| Min Deposit | 250 USD |
| Customer Support | Email: support@xmrmarkets.com |
XMR Markets Information
Registered in South Africa, XMRMarkets is an authorized FSP offering various CFDs covering major and minor forex currency pairs, stocks, commodities, indices, etc. It also offers swap-free accounts. XMR Markets is still risky due to its suspicious clone status.
Is XMR Markets Legit?
XMR Markets regulates FSCA with license number 46452 and License Type Financial Service Corporate. However, the 'Suspicious Clone' current status is not as safe as the regulated one.
What Can I Trade on XMR Markets?
XMR Markets offers various market instruments, including forex, commodities, stocks, indices, and ETFs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Trading Platform
XMR Markets provides a propriety trading platform that is available on mobile and web, instead of the authoritative MT4/MT5, with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices |
| XMR Markets | ✔ | Mobile/Web |
Deposit and Withdrawal
The first deposit amount must be 250 USD or above. XMR Markets accepts all major credit cards (Visa, MasterCard, Maestro), wire transfers, and alternative payment methods such as Skrill, Neteller, etc. for deposits. Withdrawal requests are usually processed within 5 to 10 business days.
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