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XGLOBAL Markets Review
XGLOBAL Markets holds a genuine CySEC licence under a company once called FXRidge Ltd, plus a separate FSCA licence in South Africa, though its main site showed a maintenance page during our check.
Min Deposit
N/A
Spreads From
Not confirmed, the site showed a maintenance page during our check
Max Leverage
Not confirmed, the site showed a maintenance page during our check
Platforms
MT5
Pros
- X Global Markets Ltd holds a genuine CySEC licence dating back to 2012
- A separate FSCA licence covers XGlobal Africa clients in South Africa
- Both xglobalmarkets.com and xglobalinvest.com are listed as CySEC approved domains
- The firm has a long operating history of well over a decade
Cons
- The main xglobalmarkets.com site showed a maintenance page during our check
- Finance Magnates reports CySEC fined this firm under its earlier FXRidge name
- Two similarly branded but legally separate companies can confuse readers
- We could not confirm current minimum deposit or spread figures on a live site
XGLOBAL Markets is the trading name of X Global Markets Ltd, a Cyprus company that used to be called FXRidge Ltd. Its CySEC licence, number 171/12, has run since 2012, and Finance Magnates has reported that CySEC fined the firm under its earlier FXRidge name.
A separate South African company, XGlobal Africa Pty Ltd, holds its own licence from the FSCA, number 51306, for clients in that region. The two companies are legally separate, even though they share the XGlobal brand.
During our research, the main xglobalmarkets.com site displayed a maintenance holding page rather than a working trading site, though the same CySEC entity also runs xglobalinvest.com as an approved domain. Anyone considering this broker should confirm the current site is fully working before depositing money.
Max Leverage
Not confirmed, the site showed a maintenance page during our check
Spreads From
Not confirmed, the site showed a maintenance page during our check
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
