This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
XTX Markets Review
XTX Markets is a London based algorithmic market maker in forex, equities, and other assets. It is FCA regulated but has no retail forex or CFD accounts for the public.
Min Deposit
N/A
Spreads From
Not applicable
Max Leverage
Not applicable
Platforms
N/A
Pros
- FCA regulated in the UK under firm reference number 711945
- One of the largest market makers in forex, handling huge daily volume
- No public fines or enforcement actions found against the firm itself
- Revenue and profit both grew sharply in 2025, according to its own filings
Cons
- Not a retail forex or CFD broker, individuals cannot open a trading account
- No public minimum deposit, spread, or leverage data exists for traders
- Most 2025 profit was paid out as dividends to a Cayman Islands parent firm
XTX Markets is a London algorithmic trading firm founded in January 2015 by Alexander Gerko, a spin off from GSA Capital. It uses machine learning to price over 50,000 instruments across forex, equities, fixed income, and commodities, and trades roughly 250 billion dollars a day.
XTX Markets is not a retail forex broker. It deals with banks, exchanges, and other big institutions, not individual traders, so there is no personal account to open. The main UK entity, XTX Markets Limited, is authorised by the FCA under firm reference number 711945 and listed at Companies House, number 09415174.
Business has grown fast. Revenue reached about 3.9 billion pounds in 2025, up 44 percent, with profit near 1.28 billion pounds. Most of that profit is paid out as dividends to XTX Holdings Limited, a Cayman Islands company controlled by founder Alexander Gerko. No public fines against the firm itself were found in this review.
Max Leverage
Not applicable
Spreads From
Not applicable
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
