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Home/Extended field/XGLOBAL Markets

XGLOBAL Markets — where it wins, where it loses

XGLOBAL Markets does not currently take a column outright against this field. It loses on tier-1 cover, published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.

n/vCost per 10 lots — not confirmed, so not compared
n/vEUR/USD figure the comparison is priced from
0Tier-1 entries of 1 licence rows
n/vMinimum to open, where the broker states one

Column by column

The split

Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.

Wins on

No column where XGLOBAL Markets takes the field outright.

Loses on

  • tier-1 cover
  • published spread

Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.

Licensing

Which entity, which regulator, which number

Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.

XGLOBAL Markets — licence rows on file
RegulatorNumberJurisdictionTierEntityRead from
CySEC171/12CyprusTier 2ABF Trade EU Limited (formerly X Global Markets Ltd)abftrade.com

Checkable

Facts the comparison runs on

On the record

  • CySEC's own investment-firms listing titles the entity 'ABF Trade EU Limited (ex X Global Markets Ltd)', evidencing the company name change from X Global Markets Ltd.
  • ABF Trade's own Terms of Use state the company holds CySEC CIF Licence No. 171/12 with registration number HE 291958 and offices at 162 Fragklinou Rousvelt, Limassol.
  • Finance Magnates reported CySEC fined X Global Markets Ltd EUR 5,000; the article also describes the group's Vanuatu arm XGLOBAL FX Ltd as VFSC-regulated.
  • The brand's former xglobalmarkets.com domains no longer serve content and the business now operates via abftrade.com under the ABF Trade name.
Comparison inputs
Trading since2012
BaseLimassol, Cyprus (162 Fragklinou Rousvelt, 1st & 2nd Floors, 3045)
Minimum to opennot verified
Leverage cap
EUR/USDnot verified
TerminalsMT5
Account tiers4 account types (names not verified)
MarketsForex, CFDs
Record confidencemedium
Matchup-readyno — too many gaps to run a fair head-to-head

Excluded from the maths

Not verified

Not verified

These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:

  • legalEntities: CySEC licence number 171/12 sourced from the firm's own terms; CySEC entity page is bot-blocked so the number was not confirmed there
  • VFSC licence number for XGLOBAL FX Ltd not re-verified
  • minDeposit: not verified from a spec page
  • maxLeverage: directory claims 1:200 stale, not verified
  • spreadEurusd: not verified
  • accountTypes: names not captured
  • segregatedFunds / negativeBalanceProtection: not verified
  • publiclyListed: not verified
  • CySEC EUR 5,000 fine date not verified against a primary CySEC notice
  • VFSC licence row dropped: number could not be re-verified on the VFSC register

Costs less

Who beats XGLOBAL Markets on price

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.