Score
XB MARKETS
https://bx-markets.com/
Website
Rating Index
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
Users who viewed XB MARKETS also viewed..
VT Markets
XM
STARTRADER
FP Markets
Verified Site
bx-markets.com
45.147.230.245Server LocationGermany
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
Company Profile
Review summary
General Information & Regulation
Founded in 2013, BX Markets is an online forex and CFD broker registered in the United Kingdom, offering an extensive range of trading products to its clients around the globe. The information on the BX Markets website seems quite minimal, even its real office address not disclosed.
Official Website Unavailable
Since BX Marketss official website cannot be accessible for the moment, we could only collect some useful information from some broker reviews websites to get a rough idea of this broker.
Market Instruments
BX Markets says it offers to trade more than 100 CFDs on currencies, metals, stocks, commodities, indices, ETFs and cryptocurrencies.
Accounts & Leverage
BX Markets has designed 3 trading accounts to choose from: Basic, Advanced and Professional. The Basic Account requires a deposit of $500 or more. A trader can work with a leverage of 100:1. Traders will have to pay at least $1000 to open an Advanced account. BX Markets promises to trade with a leverage of 500:1 in this account. The Professional account is the most expensive account-it costs $10,000 dollars, with the leverage up to 500:1.
Deposit & Withdrawal
The minimum deposit is $500, which is almost twice amount of the industry standard. As for payment methods available, BX Markets does not make this part clear. In most cases, most brokers support traders to fund their accounts through Credit Card, Debit Card, Bank Transfer, as well as some online payment processors like Skrill and Neteller.
Customer Service
The BX Markets customer support team can be reached through phone: +44(0)12023481 (UK Code), as well as email: support@bx-market.com.
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
Wiki Q&A
Is XB MARKETS safe and reliable?
According to WikiFX data, XB MARKETS holds a score of 1.54 out of 10, indicating a high-risk profile. The broker is not regulated by any recognized financial authority, which means traders lack the protection of a regulatory framework. Combined with a user report of website accessibility issues, the broker presents significant reliability concerns.
Is XB MARKETS regulated?
No, XB MARKETS does not hold a valid forex trading license from any regulatory body. Its regulatory status is listed as 'Not Regulated' in WikiFX records.
What is the minimum deposit of XB MARKETS?
The minimum deposit requirement for XB MARKETS is not publicly disclosed.
Does XB MARKETS support MT4 or MT5?
The trading platforms offered by XB MARKETS are not explicitly listed. WikiFX data does not currently include MT4 or MT5 support information.

Share your experience
Required...
Comment 1


Chrome
Chrome Extension
Global Forex Broker Regulation Query
Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

