✔️ Information reviewed and updated in October 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in XGlobal Markets. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about XGlobal Markets and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitexglobalmarkets.com
🏠 CompanyX GLOBAL Markets Ltd
RegulatoryCySEC
📧 Email[email protected]
📈 PlatformMT5
📌 Address162 Franklinou Rousvelt, 1st and 2nd Floors, Limassol 3045, Cyprus

⚠️ XGlobal Markets is owned by X GLOBAL Markets Ltd, the company is located in Cyprus, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️

Account types

Now we move on to analyze the types of account offered by XGlobal Markets, in this case, we observe that it offers 3 different types of account:

Account typeMinimum initial deposit
XG RAW$100
XG ZERO$100
XG ISLAMIC$100

Information on the web

xglobal markets website 2

XGlobal Markets provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.

List of phone numbers

  • +357 25 262002

🚫 Final valuation of XGlobal Markets 🚫

Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH XGlobal Markets.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about XGlobal Markets:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”1062 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .

At the end of the review you will find customer comments.


How to Claim Money Scammed by XGlobal Markets

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report XGlobal Markets

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

Frequently Asked Questions

How can I report XGlobal Markets?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is XGlobal Markets a scam – is it a scam?

Yes. We believe that XGlobal Markets is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is XGlobal Markets trustworthy?

No. XGlobal Markets is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from XGlobal Markets?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to XGlobal Markets?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Is XGLOBAL Markets a scam? Opinions»

  1. chirs Reply

    Be careful because they use stupid excuses to take all the money possible. DO NOT FALL, I have been scammed that way and I know what I am talking about

    • Recommended Brokers Reply

      Hi Chirs, thank you for sharing your experience with Quantfury. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

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