About Хmarket
Company Overview
Хmarket is a forex and CFD broker established on 5 February 2021. The company is registered in Saint Vincent and the Grenadines and lists its administrative address in Edinburgh, United Kingdom. The broker positions itself with a tiered account structure to accommodate traders with different capital levels.
Regulatory Status
According to available records, Хmarket does not hold a licence from any recognised financial regulatory authority. This is a critical factor for traders to consider, as it means the broker operates without the oversight typical of regulated entities.
The absence of regulation often implies no mandatory investor compensation schemes or standardised dispute resolution mechanisms. Traders should be aware that in the event of a dispute, they may have limited recourse.
Account Types and Minimum Deposits
Хmarket offers five account tiers: Basic, Basic+, Gold, Platinum, and VIP. The Basic account requires a minimum deposit of €250, while the Basic+ requires €500. Gold accounts start at €1,000, Platinum at €5,000, and the VIP tier requires a minimum of €50,000.
The broker does not specify the maximum leverage for the VIP account on record, while the other tiers offer a maximum leverage of 1:500. This structure suggests the broker aims to cater to a wide range of retail and high-net-worth traders.
Leverage and Instruments
The broker provides leverage up to 1:500 for accounts from Basic to Platinum. No information is available regarding the specific trading instruments offered, such as forex pairs, indices, commodities, or cryptocurrencies.
The trading platform(s) supported are also not publicly listed in the known data. This lack of transparency about core trading conditions is a notable gap for potential clients.
Online Presence and Communication
Хmarket maintains accounts on Facebook and Instagram, suggesting a focus on social media marketing. However, independent user reviews are absent from major industry databases, indicating limited community feedback.
The broker's website domain is xmarket.vc, a top-level domain associated with Saint Vincent and the Grenadines, which is a common offshore registration location for forex brokers.
Risk Profile
FXCanary's Scam Risk Score for Хmarket is 48 out of 100, categorised as 'Guarded'. This score reflects the combination of an unregulated status, a recent establishment date (2021), and a lack of transparent operational information.
Traders should exercise caution and conduct thorough due diligence before engaging with this broker. The guarded rating implies a moderate risk level that may not be suitable for conservative or risk-averse investors.
Overview compiled by FXCanary from regulatory records and public data. full Хmarket review