This Broke is Out of Business!!!
XMarkets was an unlicensed Forex & CFD trading broker that opened in August of 2017. For complaints and withdrawal problems, go read this.
XMarkets Broker Review
Our review of the brokers XMarkets shows that they are offering investors the Tradologic CFD trading software for Forex and CFD trading. This trading platform has all Major Currency pairs as well as minor crosses. There is a large selection of Commodities, Indices, Stocks, Futures and Metals for trading.
Their website is available in the following languages; English, German, Nederlands, German, Italian and Swedish. A few things that are missing from this brokers website, are option to use the MetaTrader4 software, mobile apps or social media pages. Minimum deposit for a new account is $250, and if you do not trade for more than 3 months, they change an inactivity fee of $50 a month.
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XMarkets License Check
Scam Broker Investigator reviews hundreds of Forex & Currency brokers to see if they are scam brokers or legitimate brokers. The way to properly assess a broker is by checking to see if CySEC in Europe or ASIC in Australia gave the broker a license. You can see all the licensed brokers listed here.
XMarkets does not have a license. Payment provider for this broker is Celtic Pay Ltd, located at: Dept 1308 43 Owston Road, Carcroft, Doncaster, United Kingdom.
XMarkets is owned and operated by the company SG INNOVATION LTD, which is located at: Trust Company Complex, Ajeltake road, Ajeltake Island, Majuro, Marshal Islands MH 96960. Contact phone numbers are; United Kingdom: +44 203 958 4405 and Germany: +49 322 2109 1443. Customer support email is: email@example.com.
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If you are currently investing at XMarkets, please share your experience in the comments section below.