Logo

XBMarkets Broker Review:Regulated

2023-12-11

XBMarkets is a broker established in Cyprus in 2019. This article will evaluate XBMarkets from various dimensions such as corporate entity, domain registration, regulatory license, corporate staff, trading software, and types of trades offered.

XBMarkets Overview:

XBMarkets, a contract for difference (CFD) broker, was established on January 24, 2019, in Cyprus. The registered entity in Cyprus is REDPINE CAPITAL LIMITED, with the registered address at Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus, and the corporate registration number is 393695. The board members include: ΠΟΛΥΒΙΟΣ ΠΟΛΥΒΙΟΥ, ΚΩΣΤΑΣ ΣΠΥΡΙΔΗΣ, ΦΕΙΔΙΑΣ ΔΗΜΗΤΡΙΟΥ, ΠΑΡΗΣ ΣΤΥΛΙΑΝΙΔΗΣ, CRYSTALSERVE SECRETARIAL LIMITED. Its headquarters are located in Limassol, Cyprus. This broker primarily serves residents of the European Economic Area (EEA).

1

Domain Registration of XBMarkets:

According to Whois information, the broker's official website domain was registered on February 13, 2018.

3

Is XBMarkets legit or a scam? Does XBMarkets have any regulatory licenses?

REDPINE CAPITAL LIMITED is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with the authorization date being November 9, 2020, and the license number being 391/20.

2

Employees of XBMarkets:

XBMarkets has not disclosed its corporate staff information.

4a84e45e8d3dbc62750c89e665b482a

Trading Software Provided by XBMarkets:

XBMarkets offers the MT5 trading platform to its users, including desktop and mobile versions.

9c3d82cb5131267321e5841a9e0a77d

Online Reputation and Client Complaints:

The following is the public sentiment about XBMarkets found by Traderknows:

  1. XBMarkets allows various payment methods for deposits, which are usually processed immediately. It should be noted that the withdrawal processing time is about 1 working day. Any payment or transfer fees charged by third parties, such as banks or payment service providers, will be borne by the customer.
  2. XBMarkets offers different levels of leverage, with the main forex products having a leverage of 1:30 for retail customers, and up to 1:200 for professional clients.
bfb4dad0433c5287180e790ce5853f4

c2df399403ca2762177e924137d98db

Trading Products Provided by XBMarkets:

XBMarkets offers trading in forex, metals, energy, indices, stocks, and other contract for difference products, with detailed introductions for each trading product.

e0d0b604feddeb3badb5065e4e791c7

Contact Information:

Investors can contact XBMarkets through:

  • Phone
  • Email
  • Physical office address

Conclusion:

XBMarkets is regulated by the Cyprus Securities and Exchange Commission, which means it enjoys a certain degree of credibility. XBMarkets provides a comprehensive and user-friendly trading experience for its customers. XBMarkets offers various account types, different leverages, and a wide range of financial instruments, meeting the diverse needs and preferences of traders. Therefore, XBMarkets is marked as "Regulated" on Traderknows.

90f1a93ce0eeae97ee2c927c042d9eb

SKYPE TU

公众号2

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Wiki

Contract for Difference (CFD)

Contract for Difference (CFD) refers to a financial derivative in which investors and counterparties engage in speculative or hedging transactions by exchanging the price difference of a commodity. Importantly, this occurs without the need to physically own or trade the underlying asset.

Organization

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Logo

Contact Us

Social Media

footer1