Company Summary
| XMR MarketsReview Summary | |
| Founded | 2022-11-18 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious Clone |
| Market Instruments | Forex/Commodities/Stocks/Indices/ETFs |
| Trading Platform | XMR Markets(Mobile/Web) |
| Min Deposit | 250 USD |
| Customer Support | Email: support@xmrmarkets.com |
XMR Markets Information
Registered in South Africa, XMRMarkets is an authorized FSP offering various CFDs covering major and minor forex currency pairs, stocks, commodities, indices, etc. It also offers swap-free accounts. XMR Markets is still risky due to its suspicious clone status.
Is XMR Markets Legit?
XMR Markets regulates FSCA with license number 46452 and License Type Financial Service Corporate. However, the 'Suspicious Clone' current status is not as safe as the regulated one.
What Can I Trade on XMR Markets?
XMR Markets offers various market instruments, including forex, commodities, stocks, indices, and ETFs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Trading Platform
XMR Markets provides a propriety trading platform that is available on mobile and web, instead of the authoritative MT4/MT5, with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices |
| XMR Markets | ✔ | Mobile/Web |
Deposit and Withdrawal
The first deposit amount must be 250 USD or above. XMR Markets accepts all major credit cards (Visa, MasterCard, Maestro), wire transfers, and alternative payment methods such as Skrill, Neteller, etc. for deposits. Withdrawal requests are usually processed within 5 to 10 business days.
ANA ESTRELLA GM
Guatemala
They asked me to deposit $300 to give me a bonus, but it never arrived, and when I withdrew $50, it never reached my account.
Exposure
madroño
Colombia
Yesterday, they only called me in the afternoon, waited for 9 seconds, but didn't say anything. Today, I see an email saying that they noticed that I have a withdrawal request for $100. That's all they allow, but it isn't processed. This is the third day of reporting the loss of $9500 and a bonus of $5000 for making a disbursement. They didn't call today, neither in the morning nor in the afternoon. MOBILE.XM RMARKET IS A SCAM. Do not invest your money, I lost my years of savings. There's $3000 of capital left, but they don't allow withdrawals.
Exposure
madroño
Colombia
I asked them to withdraw the balance and they said only $100 was released due to a bank-induced error. They only called once today, to say they would call back in 5 minutes. Please, media outlets like El Tiempo and El Espectador, do not spread this scam. This was savings of years.
Exposure
FX7869619352
Brazil
It's definitely a scam! I was swindled out of $1,300 and couldn't even withdraw $100. The support is virtually nonexistent, they take no responsibility for the trades opened under the specific instructions of their account managers, usually leveraged so as to quickly consume the resources deposited by investors, in hopes of new deposits being made. It's run by unqualified people who take advantage of investors' unpreparedness, selling guarantee of success when following their operators' instructions, but rarely resulting in gains. The account is virtual, the displayed deposits as well as bonuses are virtual, nothing more than a simple game, while your real deposits have gone to a real account of the company. They don't provide any kind of insurance on the trades executed. Regardless of how criticized they are, they ignore it and continue to harass you for new deposits in order to recover your invested and lost, actually stolen, capital. They're criminals!👺
Exposure