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Cyprus|2-5 years|
Regulated in Cyprus|Straight Through Processing(STP)|MT4/5 full license|Regional Brokers|


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XBMarkets-Live MT5
Server Location United Kingdom


+357 25262719
Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus


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XBMarkets · Company Summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

XBMarkets Review Summary
Registered Country/Region Cyprus
Regulation CYSEC
Market Instruments forex, energy, metals, indices, shares, futures
Leverage 1:200
EUR/USD Spread 1.8 pips (Bronze)
Trading Platforms MT5
Minimum Deposit $400
Customer Support email, telephone, live chat

What is XBMarkets?

XBMarkets is a regulated brokerage firm offering a diverse range of trading instruments across various asset classes. Traders can access forex, energy, metals, indices, shares, and futures markets through their platform. The brokerage caters to clients with different levels of experience and financial capacities by providing various account types, including Bronze, Silver, Gold, and Diamond accounts, each with different minimum deposit requirements. Additionally, XBMarkets offers different leverage levels based on whether clients are classified as retail or professional traders. The platform of choice for XBMarkets is MetaTrader 5 (MT5), a widely recognized and powerful trading platform offering advanced features and tools.


Pros & Cons

Pros Cons
• Diverse Range of Trading Instruments • High Spreads
• Regulated by Cyprus Securities and Exchange Commission (CYSEC) • High Minimum Deposit
• Access to MetaTrader 5 (MT5) Trading Platform • Regional Restrictions
• Live Chat Supported
• Flexible Leverage Ratios

XBMarkets Alternative Brokers

There are many alternative brokers to XBMarkets depending on the specific needs and preferences of the trader. Some popular options include:

  • XM - XM offers a diverse range of trading instruments, competitive spreads, and multiple account types. It is known for its educational resources and customer support.

  • AvaTrade - With a strong global presence, AvaTrade offers a wide range of trading instruments and platforms, including MetaTrader 4 and AvaTradeGO, catering to traders of all experience levels.

  • FXTM - ForexTime (FXTM) provides a variety of account types, educational materials, and analysis tools. It offers competitive trading conditions and a range of instruments to trade.

Is XBMarkets Safe or Scam?

XBMarkets is currently regulated by the Cyprus Securities and Exchange Commission (CYSEC) under License No. 391/20. CYSEC is the financial regulatory authority of Cyprus, responsible for overseeing and supervising the financial markets and investment services within the country.

This regulatory oversight encompasses various aspects of the brokerage's operations, including client fund segregation, adherence to anti-money laundering (AML) and know-your-customer (KYC) procedures, and fair and transparent pricing practices.

regulated CYSEC license

Market Instruments

XBMarkets is a brokerage firm that offers a wide range of trading instruments across various asset classes. Here's a brief summary to describe each of these market instruments:

  • Forex: Traders can speculate on the price movements of one currency against another, such as EUR/USD (Euro/US Dollar) or GBP/JPY (British Pound/Japanese Yen).

  • Energy: Energy trading involves commodities related to the energy sector, such as crude oil, natural gas, and heating oil. Traders can take positions on the price fluctuations of these energy commodities.

  • Metals: Metals trading includes precious metals like gold, silver, platinum, and industrial metals like copper. Investors can trade these metals based on their supply and demand dynamics and other market factors.

  • Indices: Traders can speculate on the overall performance of these indices, such as the S&P 500 or the Dow Jones Industrial Average.

  • Shares: Traders can buy and sell shares of publicly listed companies to profit from the price movements of those companies' stocks.

  • Futures: Futures contracts are agreements to buy or sell assets at a predetermined price on a future date. XBMarkets likely offers futures contracts across various asset classes, allowing traders to speculate on the future price of commodities, indices, or other financial instruments.


XBMarkets provides a range of account types to cater to traders with diverse levels of experience, trading preferences, and financial capacities. Each account type is designed to offer specific benefits and features, tailored to meet the needs of different clients.

Account Type Minimum Deposit
Bronze $400
Silver $10,000
Gold $50,000
Diamond $100,000

The Bronze account is the entry-level option offered by XBMarkets, designed for beginner traders or those with limited initial capital. To open a Bronze account, traders are required to deposit a minimum of $400.

The Silver account is geared towards traders with a moderate level of experience and a higher capital commitment. To open a Silver account, traders are required to deposit a minimum of $10,000.

The Gold account is designed for more experienced traders who are willing to commit a substantial amount of capital to their trading activities. To open a Gold account, traders are required to deposit a minimum of $50,000.

The Diamond account is the most exclusive and prestigious account type offered by XBMarkets, tailored for experienced traders and high-net-worth individuals. To open a Diamond account, traders are required to deposit a minimum of $100,000.

Account Types


XBMarkets implements varying leverage levels based on the distinction between retail and professional clients. They treat retail and professional users with different leverages.

For Retail Clients:

  • Forex Majors: Leverage of 1:30.

  • Forex Minors, Major Indices, and Gold: Leverage of 1:20

  • Minor Indices, Metals, Energies, Futures: Leverage of 1:10

  • Stocks: Leverage of 1:5

Asset class Leverage
Forex Majors 1:30
Forex Minors 1:20
Major Indices 1:20
Minor Indices 1:10
Gold 1:20
Metals 1:10
Energies 1:10
Futures 1:10
Stocks 1:5

For Professional Clients:XBMarkets offers higher leverage levels to professional clients, who are usually more experienced and may have a deeper understanding of the risks associated with trading.

  • Forex: Leverage of 1:200

  • Indices, Metals including Gold, Energies: Leverage of 1:100

  • Futures: Leverage of 1:50

  • Stocks: Leverage of 1:5

Asset class Leverage
FX 1:200
Indices 1:100
Metals including Gold 1:100
Energies 1:100
Futures 1:50
Shares 1:5

It's important to note that higher leverage carries a higher level of risk, and traders should exercise caution when using leverage in their trading strategies. While it can magnify potential profits, it also exposes traders to larger losses if the market moves against their positions.

Spreads & Commissions

The spreads and commissions offered by XBMarkets vary based on the type of trading account. The Bronze account offers a spread starting from 1.8 pips for various trading instruments. With a Silver account, traders can enjoy a narrower spread starting from 1.6 pips. This account type aims to provide slightly lower trading costs compared to the Bronze account, making it more cost-effective for frequent traders. The Gold account offers an even tighter spread, starting from 1.4 pips. The Diamond account provides the most competitive spread, starting from 1.2 pips.

As for commissions, traders should refer to the broker's official website or contact their customer support for specific details on any commission charges that may apply to their trading activities.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread (pips) Commissions (per lot)
XBMarkets 1.8 (Bronze) N/A
XM 1.0 Not provided
AvaTrade 0.9 None
FXTM From 0.1 $4/per lot

Trading Platform

XBMarkets provides the popular MetaTrader 5 (MT5) trading platform for its clients. The MT5 trading platform offered by XBMarkets caters to traders of all experience levels, providing a feature-rich environment for efficient and effective trading across multiple asset classes. Its intuitive interface, analytical tools, and automated trading capabilities make it a popular choice among traders globally.


See the trading platform comparison table below:

Broker Trading Platforms
XBMarkets MT5
XM MT4/MT5, Trading software
AvaTrade AvaTradeGO, MT4, MT5, WebTrader, AvaOptions, DupliTrade
FXTM MetaTrader 4, MetaTrader 5, FXTM Trader

Deposits & Withdrawals

XBMarkets accepts deposits through various payment methods, including SafeCharge, Skrill, Neteller, Unlimint, Przelewy, and iSXMoney. These options provide flexibility for clients to fund their trading accounts conveniently.

Deposits made to XBMarkets are typically processed immediately. This means that once the deposit transaction is completed, the funds will be credited to the client's trading account without significant delays, allowing traders to start trading promptly.

However, the processing time for withdrawals at XBMarkets is 1 business day. After a withdrawal request is submitted, the broker takes approximately 1 business day to review and approve the request.

payment methods

Customer Service

XBMarkets offers multiple channels for customers to get in touch with their support team. Customers can reach them through telephone at +357 25262719, via email at, or utilize the live chat feature on their website. These options provide flexibility for clients to choose the most convenient method for seeking assistance.

The customer service team at XBMarkets is available during regular business hours from Monday to Friday, from 8:00 am to 5:00 pm. It's important for clients to be mindful of the operating hours and consider the time zone differences if they are located in a different region.

contact details


XBMarkets stands out as a brokerage firm committed to providing a comprehensive and user-friendly trading experience to its clients. The company's offering of multiple account types, varying leverage, and access to a wide range of financial instruments caters to the diverse needs and preferences of traders. Its regulation by the Cyprus Securities and Exchange Commission (CYSEC) adds an additional layer of credibility, ensuring compliance with regulatory standards and safeguarding client interests.

Frequently Asked Questions (FAQs)

Q1: Does XBMarkets have any regional restrictions?

A1: The information on this site is not intended for residents of Belgium or the United States, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation, or where AML restrictions exist, as per the policies of the Company.

Q2: What financial instruments does XBMarkets offer for trading?

A2: XBMarkets offers a wide range of financial instruments, including forex, energy commodities, metals, indices, shares, and futures.

Q3: What are the different account types available at XBMarkets?

A3: XBMarkets offers four account types: Bronze, Silver, Gold, and Diamond accounts, each with varying minimum deposit requirements and benefits.

Broker Information

Company Name

Redpine Capital Ltd

Company Abbreviation


Regulatory Status


Platform registered country and region


Company website
Phone of the company
  • +357 25262719









Company address
  • Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus









Customer Service Email Address

Company Summary

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more than one year
I'm adamu magaji I new wikifx user in mind for the do trading for the first thing you have any questions please call but I think we can do it
2022-12-04 14:31
more than one year
IAM Adamu magaji I come from bauchi state ,I trading in forest some time I searching in wikifx forest broker most of people in social media you as me about wikifx l tell us something ,the wikifx is wallet that the do trading an complaint about any bat hacker
2022-12-04 14:30
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