XSMarkets Review 2025

What is XSMarkets?

The term “XSMarkets” does not appear to be directly associated with a specific entity in the context of forex trading. The search results indicate two potential references, neither of which are directly related to forex trading:. Smarkets: This is a betting exchange platform that offers back and lay betting odds on major sports and politics. They also provide horse racing betting odds. X-markets: This is associated with Deutsche Bank and appears to be related to leveraged products, certificates, and bonds. It’s important to note that while these platforms deal with financial transactions, they do not seem to be directly involved in forex trading. As always, it’s recommended to conduct thorough research and consider seeking advice from financial advisors before engaging in any financial activities. Please note that this information is based on the most recent data available and may be subject to change.

What is the Review Rating of XSMarkets?

What are the Pros of XSMarkets?

XSMarkets, a forex broker, offers several advantages that can be beneficial for traders. Here are some of the key benefits:. Diverse Selection of Trading Instruments: XSMarkets provides a wide range of trading instruments. Traders have the opportunity to trade Forex CFDs, Metals CFDs, Shares CFDs, Indices CFDs, and Commodities CFDs. This diversity allows traders to diversify their portfolio and choose instruments that best suit their trading strategy. Industry-Standard Trading Platform: XSMarkets offers the industry-standard MetaTrader4 platform. This platform is well-known for its user-friendly interface, advanced charting capabilities, and a wide range of technical indicators. It also supports automated trading through Expert Advisors (EAs). . However, it’s important to note that while these features are advantageous, there have been concerns raised about the legitimacy of XSMarkets. It has been reported that XSMarkets may be a clone site, using the license details and corporate name of a legit and regulated CySEC broker. Therefore, traders should exercise caution and conduct thorough research before deciding to trade with this broker.

What are the Cons of XSMarkets?

XSMarkets, a forex broker, has several drawbacks that potential investors should be aware of. These include:. Misrepresentation of Regulatory Status: XSMarkets claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC) under license reference number 412/22. However, upon verification, it was found that this license number does not belong to XSMarkets or XS Markets Ltd. This misrepresentation of regulatory status is a significant concern as it can mislead investors about the security of their investments. Clone Website: XSMarkets appears to be a clone website, using the license details and even the corporate name of a legitimate and regulated CySEC broker in an apparent attempt to scam traders. This is a particularly dangerous kind of scam where con artists use the license details and even the very identity of a legit and regulated broker. High Withdrawal Requirement: XSMarkets offers trading bonuses that come with strings attached. There is a minimum trade volume requirement that essentially prevents traders from making any withdrawals, regardless of their trading performance. This can lead to traders losing their invested capital. Undisclosed Fees: XSMarkets charges undisclosed withdrawal processing and handling fees, as well as so-called “profit fees”. Traders are required to pay these fees every time they request a withdrawal, regardless of whether the request is approved or not. Limited Information: There is limited information available about the educational resources provided by XSMarkets. This lack of transparency can be a disadvantage for novice traders who rely on educational materials to improve their trading skills. No Bonus Offerings: XSMarkets does not disclose any bonus offerings. Bonuses can often serve as an incentive for traders to choose a particular broker. Given these concerns, potential investors are advised to exercise caution when considering trading with XSMarkets.

Is XSMarkets Regulated and who are the Regulators?

XSMarkets is a global Fintech and financial services provider that operates under the oversight of several regulatory bodies across the globe. This ensures trust, integrity, and accountability in the global financial industry. The entities under the XS Group are regulated by the following authorities:. XS Ltd is registered under the laws of Seychelles and is authorized and regulated by the Financial Services Authority of Seychelles (FSA) with license number: (SD089). The FSA is the autonomous regulatory body responsible for licensing, regulating, enforcing regulatory and compliance requirements, monitoring, and supervising the conduct of business in the non-bank financial services sector in Seychelles. XS Prime Ltd is registered under the laws of Australia and is authorized and regulated by the Australian Securities and Investments Commission (ASIC) with license number: (374409). The ASIC regulates registered companies, financial markets, and providers of financial services and credit services in Australia. XS Markets Ltd is incorporated under the laws of the Republic of Cyprus and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number: (412/22). The CySEC is the independent public supervisory authority responsible for the supervision of investment services in Cyprus. These entities are authorized to operate under the XS brand and trademarks. However, the XS brand does not offer its services to residents of certain jurisdictions such as the USA, Iran, and North Korea. Please note that while XSMarkets claims to be regulated by these entities, it is always recommended to verify this information with the respective regulatory bodies.