Score
Mauritius
|
2-5 years
| https://exalibre.com/
Website
Rating Index
Influence
C
Influence index NO.1
Vietnam 3.03
LicensesLicensed Entity：TIPMARKETS (PTY) LTD
License No. 47159
Mauritius
exalibre.com Netherlands| XLibreReview Summary | |
| Founded | 2023 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, metals, shares, indices, crypocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 1.2 pips (CENT account) |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | 24/5 support - live chat, contact form |
| Email: support@exalibre.com | |
| Facebook, X, Linkedin, Instagram | |
| Registered office: Office 306, 3rd Floor, Ebene Junction, Rue De La Democratie, Ebene 72201, Mauritius | |
| Business address: 22, St Georges Street, Suite 216, Port-Louis, Mauritius | |
| Regional Restrictions | USA, Sudan, Syria, Iran, North Korea, Myanmar, EU countries' clients are not allowed |
Founded in 2023, XLibre is an unregulated broker registered in Mauritius, offering trading on forex, commodities, metals, shares, indices and crypocurrencies with leverage up to 1:2000 and spread from 0 pips via the MT5 trading platform. The minimum deposit requirement is as low as $10.
| Pros | Cons |
| Fund segregation and negative balance | No regulation |
| Diverse trading products | Limited payment options |
| Demo accounts available | Long deposit and withdrawal processing time |
| Tiered accounts | Regional restrictions |
| Tight spreads | |
| Commission-free on some accounts | |
| MT5 platform | |
| Low minimum deposit requirement | |
| No fees for most deposits and withdrawals | |
| Various contact channels |
No. XLibre operates without any valid supervision from any regulatory authorities. Please be aware of the risk!
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Here are four account types XLibre offers:
| Account Type | Min Deposit |
| CENT | $10 |
| Pro | $25 |
| Raw | $100 |
| VIP | $200 |
The broker offers leverage capped at 1:2000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
| Account Type | Spread | Commission |
| CENT | From 1.2 pips | ✔ |
| Pro | From 1.2 pips | ❌ |
| Raw | From 0 pips | ✔ |
| VIP | From 0.7 pips | ❌ |
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile, WebTrader | Experienced traders |
| MT4 | ❌ | / | Beginners |
The broker accepts payments via VISA, MasterCard and SWIFT.
Deposit Options
| Deposit Options | Fees | Processing Time |
| VISA | ❌ | Up to 10 minutes |
| Mastercard | ||
| SWIFT | No fees for deposits over $100 | 2-7 business days |
Withdrawal Options
| Withdrawal Options | Fees | Processing Time |
| VISA | ❌ | From 2-7 business days, depending on the correspodent bank |
| Mastercard | ||
| SWIFT |
From what I’ve seen, withdrawals via VISA and Mastercard take 2 to 7 business days, depending on the correspondent bank. SWIFT withdrawals also fall within the same 2-7 day range. I’d say it’s a bit slow compared to some brokers that process withdrawals more quickly, but I understand that international transfers can take time. If you’re in a hurry, this could be something to keep in mind.
No, XLibre is not regulated. Personally, I find that a lack of regulation raises some red flags. Without regulatory oversight, there's no external body ensuring the broker's operations are fair and that my funds are protected. This makes me cautious when dealing with unregulated brokers, as the safety of my investments could be at risk.
XLibre operates without any regulatory supervision, which means it's not considered a safe option for many traders. From my perspective, the absence of regulation could mean less accountability if something goes wrong. Without regulation, there's no guarantee of security for my funds, which makes it a riskier choice.
XLibre offers several account types, which include CENT, Pro, Raw, and VIP accounts. The CENT account is great for beginners due to its low minimum deposit of just $10. If you’re a more experienced trader, you might prefer the Raw account, which offers tighter spreads starting at 0 pips. The Pro and VIP accounts have different benefits, such as commission-free trading for Pro and a slightly tighter spread for VIP, but with higher deposit requirements. I’d personally start with the CENT account to test the waters.
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