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

In this section we will tell you if we consider that the company XMR Markets is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and 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...

Below we will show you essential information about XMR Markets and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitexmrmarkets.com
🏠 Company*XMR Markets (Pty) Ltd
Regulatoryfsca
📧 Email[email protected]
📈 PlataformOwn platform
📌 Address33 Scott Street, Johannesburg, South Africa
🕑 Website ageWebsite registered on: 18 – November – 2022
Company typeForex, indices, commodities, stocks and ETFs broker

Company: ⚠️ XMR Markets is owned by XMR Markets (Pty) Ltd.

Location: ⚠️ XMR Markets mention being located in South Africa, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have good protection, it is very risky, please think twice before trusting this company.

We can already tell you that we are concerned about several characteristics of this company.

What is XMR Markets?

After having carried out an analysis of the company's website, we can say that XMR Markets is a forex, indices, commodities, stocks and ETFs broker.

Account types

The company provides the following information about its different account types:

ACCOUNT TYPEMINIMUM DEPOSIT
Green Account$5,000
Premium account$15,000
Platinum Account$50,000
Executive Account$100,000
VIP account$250,000

Information on the web

Here we show you a screenshot of the XMR Markets website, which is xmrmarkets.com. The capture was made in May of 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have only found the following email: [email protected]

* Regulation of XMR Markets

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

This company mentions being regulated in South Africa, this location is used since the regulation of this type of country is very unsafe. It is almost the same as working with an unregulated broker. That is, if you work with a broker with this type of regulation, unfortunately you are 100% unprotected. Therefore, at the regulatory level, unfortunately XMR Markets is a completely dangerous and very unsafe broker.

🚫 XMR Markets Final Valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of XMR Markets and we have reached the following conclusions about this company:

Location: They mention being located in an UNSAFE location, South Africa.

Regulatory: They mention being regulated by a very unserious and, above all, unsafe regulator, such as the FSCA of South Africa. There is a clear lack of security at the regulatory level.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

The company still has no complaints from financial regulators.

User Reviews

[democracy id = ”8921 ″]

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

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


How to Claim Money Scammed by XMR 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 XMR 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.

FAQs

Are there (recommended) alternatives to XMR Markets?

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

How can I report XMR 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 XMR Markets trustworthy?

No. XMR Markets is not reliable, it is a very unsafe broker: it is located in South Africa, it has poor regulation in that country and also the company does not seem to be really registered.

How to get money back from XMR 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.

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 «XMR Markets: opinion and comments – Is it a scam?»

  1. Lights Reply

    I've heard good things about them, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Luci, thanks for writing about XMR Markets. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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