XGLOBAL Journal
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XGLOBAL Profile
Website
Year
2012
Country
Cyprus
Branches
1
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, VFSC Vanuatu, BaFin Germany, FCA UK, CONSOB Italy
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Iran, North Korea, Syria, US
Broker type
STP, DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
200 ms
LPs total
4
LPs quality
Tier-1 Banks, Other
LPs names
Credit Financier Invest (CFI), GAIN Capital, Hantec Markets, Swissquote, X Global Markets
XGLOBAL Accounts
STP
ECN
Minimum Deposit
100 $
100 $
Leverage
30 : 1
30 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0.2 pips
Commission
0 $/lotRT
7.5 $/lotRT
Volume
200 lots
200 lots
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller
Base currency
USD, EUR, GBP, CHF, NOK
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 6 months
Update broker |
- Full listing profile: XGLOBAL broker profile
Is XGLOBAL safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus
- Registration: CySEC Cyprus, VFSC Vanuatu, BaFin Germany, FCA UK, CONSOB Italy
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is XGLOBAL trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - XGLOBAL website: highly detailed, updated
★★★★★ - XGLOBAL popularity (by visitor count): low visits
★★
How XGLOBAL works
We stream a low latency ECN price feed that is ultimately sourced from the best bid and ask prices available at interbank market participants. Depending on account type we charge either volume based commissions or a competitive spread to the feed to ensure client positions can comfortably be covered with third party liquidity providers if we are not able to internally match them.
https://www.xglobalmarkets.com/trading/ecn-stp-execution-model/
4.11. With respect to each class of
derivative financial instruments and
specifically CFDs (access to the
trading of which is provided by the
Company), the Company transmits
client orders for execution to third
party entities. For client orders in
relation to the financial instruments
offered by the Company, the
Company acts as Principal and not as
Agent on the Client’s behalf at all
times. Despite the fact that the
Company electronically transmits
client orders for execution to third
party liquidity providers and/or other
entities, contractually it is the sole
counterparty to all client trades and
any execution of orders is done in the
Company’s name; therefore, the
Company is the sole Execution Venue
for the execution of client orders.
5. Order Execution Elements
5.1. Prices: The Company generates its
own tradable prices based on price
feeds from some of the world’s
leading liquidity providers and
independent price providers.
Among others, the
Company uses the following
Execution Venues:
- X Global Markets Ltd
- Hantec Markets Limited
- Credit Financier Invest (CFI) Ltd
http://media.xglobalmarkets.com/docs/xg-best-execution-policy-for-trading-cfds.pdf
Restrictions: We do not support latency arbitrage or high frequency trading
https://www.xglobalmarkets.com/accounts/account-specifications/
Do you allow scalping?
Yes, we do.
Yes, we do.
https://www.xglobalmarkets.com/faq/
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