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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

XB MARKETS

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://bx-markets.com/

Website

Rating Index

Contact

+44 (0)130 23481
https://bx-markets.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
XB MARKETS
Email
support@bx-markets.com
Contact Number
+44013023481
Verified Site
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Official Website

Verified Site

  • bx-markets.com
    45.147.230.245
    Server Location
    Germany Germany
    ICP Registration No.
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    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
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XB MARKETS

Related Companies

XB Market Co., Limited
United Kingdom
XB Market Co., Limited
Deregistered
United Kingdom
Registration No.--
Est. Date
SourceWebsite Announcement

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
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Can XB MARKETS be considered a credible broker?

XB MARKETS operates without any verified financial regulation, which is a fundamental consideration for credibility in the industry. It holds a very low overall SkyEye score of 1.53.

04-02
United States

Which financial regulator oversees XB MARKETS?

XB MARKETS does not hold any valid financial trading licenses and operates outside of recognized regulatory frameworks.

04-02
United States

What is the full company name of XB MARKETS?

The broker operates under the full company name XB MARKETS. It has been active in the forex industry for 5 to 10 years and is registered in the United Kingdom.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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