XGlobal Markets Review 2021

XGlobal Markets offers online trading in forex and CFDs through the industry-renowned MT5 platform.

XGlobal Markets is broker that gives traders access to Forex, CFDs, indices, precious metals, energies. Interestingly, XGlobal Markets supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.

In terms of features offered to traders, XGlobal Markets has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

XGlobal Markets is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

XGlobal Markets Summary

XGlobal Markets offers online trading in forex and CFDs through the industry-renowned MT5 platform.

Ratings

30%
Trust
50%
Instruments
71%
Features
BonusNone
InstrumentsForex, CFDs, indices, precious metals, energies
Demo Account
Min. Deposit$500
Min. Trade0.01 lots
Regulated ByCySEC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

CFDs are available on commodities, stock indices, and forex

Leverage1:30
FTSE Spread1.5
GBPUSD Spread0.9
Oil Spread0.03
Stocks SpreadN/A

Forex Trading

Trade on dozens of currency pairs with low spreads

GBPUSD Spread0.9
EURUSD Spread0.4
EURGBP Spread0.9
Assets40

Payment Methods

XGlobal Markets accepts the following payment methods:

  • Neteller
  • Visa
  • Skrill
Risk Warning – Your capital is at risk

FAQ

Is XGlobal Markets Safe?

In our review we gave XGlobal Markets a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that XGlobal Markets is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does XGlobal Markets Accept PayPal?

No, XGlobal Markets does not accept PayPal payments.

Is XGlobal Markets Halal?

Yes, XGlobal Markets does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does XGlobal Markets support?

XGlobal Markets only supports the MetaTrader 5 trading platform at this time.

Is XGlobal Markets Regulated?

Yes, XGlobal Markets is regulated by CySEC.

The fact that XGlobal Markets is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

XGlobal Markets vs Other Brokers

If you want to compare XGlobal Markets with other brokers, use the detailed comparisons below.

XGlobal Markets vs
XGlobal Markets offers online trading in forex and CFDs through the industry-renowned MT5 platform.