Score

1.45 /10
Danger

XPG Markets

Bermuda

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.57

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

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Company Name

XPG Markets Limited

Company Abbreviation

XPG Markets

Platform registered country and region

Bermuda

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
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XPG Markets · Company summary

General Information & Regulation

XPG Markets is a forex and commodities broker, providing trading services and facilities to both retail and institutional clients. XPG Markets is a trade name of XPG Markets Limited. XPG Markets Limited is registered in Seychelles with registration number 26195 and registered address of House of Francis, Room 303, Ile Du Port, Mahe, Seychelles.

Market Instruments

Tradable financial instruments available on the XPG Markets platform include forex currency pairs, metals, indices, commodities, futures, as well as shares.

Minimum Deposit

XPG Markets offers two trading accounts: Prime and ECN accounts. The minimum initial deposit for both account is as low as $10. Despite that XPG Markets requires a low account opening amount, traders are not advised to register an account here give the fact that it is not regulated.

Leverage

Trading leverage varies depending on different accounts. The Prime account offers the leverage up to 1:500, and the ECN account offers the maximum leverage up to 1:200. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

The Prime account and the ECN account offers different spreads and commissions. For the Prime account, spread on all majors from 1 pip, with no commissions charged. The ECN account offers spreads on all majors start from 0.5 pips, with a commission of $7 per lot.

Trading Platform Available

When it comes to trading platform available, XPG Markets offers its traders the industry-recognized MT4 trading platform. MT4, is the most reliable and popular platform a trader can use. With its intuitive interface and user-friendly environment, it provides essential tools and resources needed for successful online trading performance. MT4 is supported by Windows, Mac OS, iPhone/iPad, Android and any internet browser.

Copy Trading

XPG Markets Copytrade offers an opportunity to follow top market performers and copy their traders to earn money.

Deposit & Withdrawal

In terms of payment methods available, XPG Markets does not make this part clear. In most cases, most brokers would support Credit/Debit (VISA, MasterCard, Maestro), Wire transfer, as well as some online processors like Neteller and Skrill.

Customer Support

The XPG Markets customer support can be reached through telephone: +44(0)203 282 7777, email: support@xpgmarkets.com. Unfortunately, live chat is not available.

News

NewsDOLLAR DOWN, BUT NEAR YEAR HIGH AS INVESTORS AWAIT FED’S NEXT TAPER MOVE

The dollar was down on Wednesday morning in Asia but held near a one-year high amid rising speculation that the U.S. Federal Reserve will announce the beginning of asset tapering in November 2021, followed by potential interest rate hikes by the middle of 2022.

WikiFX
2021-12-15 18:24
DOLLAR DOWN, BUT NEAR YEAR HIGH AS INVESTORS AWAIT FED’S NEXT TAPER MOVE

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