XMarkets Review is X Markets a Scam or Legit Broker

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XMarkets Review: is xmarkets.com Scam or Legit Broker?

XMarkets is a Forex and binary options broker owned and operated by Capital Force Ltd, with an address at 13 Novasage Chambers, Level 2, CCCS Building, Beach Road, Apia, Republic of Samoa. X Markets contact phone number is +44 1515414475 and email address is [email protected]

XMarkets Trading Platform

Trading platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good trading platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. XMarkets broker offers the Tradologic platform which has lots of assets to trade on with charting tools as well.

Withdrawal and Deposit Method

XMarkets withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard, Maestro, Neteller, paysafecard. The minimum deposit is $250

License and Regulation

XMarkets is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about most unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern. However, XMarkets is still a new brokerage and is still building a reputation for themselves.

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