Website: www.xglobalmarkets.com
Minimum Deposit: $100
Maximum Leverage: 1:30 (EU) | 1:200 (Offshore)
Trading Platform: MetaTrader 5 (MT5)
Regulations: CySEC, VFSC
Headquarters: Cyprus
Founded: 2012

🌟 Quick Verdict: Is XGLOBAL Markets Worth It?

XGLOBAL Markets is a Cyprus-based forex and CFD broker offering reliable MT5 access, zero-commission trading, and tight spreads. Regulated by CySEC and VFSC, it caters to traders globally—excluding a few restricted jurisdictions. With a low $100 deposit, commission-free accounts, and Islamic account options, it’s a solid choice for both beginners and advanced traders. However, its educational content is limited, and customer support isn’t available 24/7.

✅ Pros and Cons of XGLOBAL Markets

Pros

• Licensed by CySEC and VFSC

• Commission-free trading

• Tight spreads from 0.2 pips

• Supports Islamic accounts

• Multiple account types

• MT5 platform available on all devices

Cons

• No 24/7 support

• Limited research and educational materials

• No futures or bond instruments

🔐 Is XGLOBAL Markets Safe or a Scam?

Yes, it’s safe.
XGLOBAL Markets is fully licensed by:

• CySEC (171/12) – for European traders

• VFSC (15062) – for international clients

Funds are kept in segregated accounts, and negative balance protection is provided. EU clients are further protected under the Investor Compensation Fund (ICF), which adds a layer of financial safety.

📊 Account Types & Leverage

XGLOBAL Markets offers three main account types:

1. XG RAW – Tight spreads

2. XG ZERO – Zero spread, higher markup

3. XG ISLAMIC – Swap-free for Sharia-compliant trading

Leverage:

• EU Clients: Up to 1:30

• International Clients: Up to 1:200

A free Demo Account is also available for practice.

💼 Trading Instruments Offered

• Forex

• Commodities (Gold, Silver, Oil)

• Equity Indices

• Shares

• Energies

• CFDs

Note: No cryptocurrencies or bonds are available at this time.

💸 Spreads & Fees

• EUR/USD spread: From 0.2 pips

• Commissions: Zero

• Deposit/Withdrawal fees: None

• Inactivity Fee: Applied after 12 months of dormancy

📈 This low-cost trading structure makes XGLOBAL Markets highly competitive for active and budget-conscious traders.

💰 Deposits and Withdrawals

Payment Methods:

• Bank transfers

• Credit/Debit Cards

• E-wallets

• Internal account transfers

Most transactions are fee-free, but availability may vary by country. Supports multi-currency accounts and fast processing via Trustly.

🖥️ Trading Platform

MetaTrader 5 (MT5) only
Available on:

• Web

• Desktop

• macOS

• Android

• iOS

🔧 Supports automated trading, advanced charting, and Expert Advisors (EAs).

🧑‍💻 Customer Support

• Available 24/5 via email, phone, and fax

• Responsive and knowledgeable

• Limited to weekdays only

🎓 Education & Learning

• Offers a basic Learn Center covering:

  • Forex basics

  • Technical and fundamental analysis

  • Trading psychology

❌ No webinars, advanced research tools, or in-depth market analysis.

✅ Final Verdict: Should You Trade with XGLOBAL Markets?

XGLOBAL Markets is best for:

• Forex and CFD traders looking for low-cost trading

• Those preferring the MT5 platform

• Muslim traders needing Islamic accounts

• Users using EAs, scalping, or hedging strategies

• Global traders who want no-commission accounts

Less suitable for:

• Traders needing 24/7 support

• Beginners looking for rich educational content

• Crypto or futures traders

Overall Rating: ★★★★☆ (4.3/5)

Ready to start? 👉 Open an Account with XGLOBAL Markets