Brokers  /  XBMarkets

XBMarkets

Low riskForex / CFD broker
🇨🇾 Cyprus · 5-10 years · since 2021-03-02 · Redpine Capital Ltd
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Independent ratingshow third parties score this broker
WikiFX5.16/10
Trustpilot/5
Forex Peace Army/5
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No sign that XBMarkets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
16
Low risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • Withdrawal complaints in ~50% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameRedpine Capital Ltd
Headquarters🇨🇾 Cyprus
Founded2021-03-02
Years operating5-10 years
Employees0
Official websitexbmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECDerivatives Trading License (STP)391/20CyprusRegulated

Review analysis AI

XBMarkets is a Cyprus-based broker regulated by CYSEC, holding an STP derivatives license. Founded in 2021, it offers a range of instruments across forex, metals, futures, energy, indices, and shares with four account tiers. While regulation provides a degree of investor protection, the lack of publicly available details on trading conditions, platforms, and funding methods means traders should proceed with caution and verify key features directly with the broker. FXCanary's internal risk assessment scores it as low risk (16/100), reflecting the regulatory safeguard but also the limited operational transparency.

Best for
  • Traders seeking a CYSEC-regulated European broker
  • Investors looking for multi-asset exposure (forex, indices, shares, commodities)
  • Clients who prefer an STP execution model
Not for
  • Traders requiring a long-established brokerage history (founded 2021)
  • Those needing detailed publicly available operational information
  • High-frequency or algorithmic traders who need confirmed platform details
Period:
What users complain about
What users praise
Where reviewers are from
Singapore2
Portugal1
United States1

Real user reviews

Where XBMarkets operates

Based on its licenses and complaint records.

🇨🇾 Cyprus Licensed
🇵🇹 Portugal EEA 1 complaint

🇪🇺 Passported across 15 EU/EEA countries under its EU license.

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About XBMarkets

Company Overview

XBMarkets is a brokerage firm registered in Cyprus, having been established on 2 March 2021. The company is headquartered at Vasili Michaelidi 21-23, Areti Tower, 2nd Floor, 3026 Limassol, Cyprus. It operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CYSEC), holding a Derivatives Trading License (STP) with regulated status.

The broker presents itself as a multi-asset trading provider, covering six categories of trading instruments: forex, metals, futures, energy, indices, and shares. This range is typical for brokers targeting retail and intermediate traders seeking exposure to global markets through a single platform.

Regulation and Licensing

XBMarkets is regulated by CYSEC under license number (not specified in known facts). CYSEC is a well-known European regulator that enforces the Markets in Financial Instruments Directive (MiFID II) standards. This provides a degree of investor protection, including segregation of client funds and access to the Investor Compensation Fund (ICF) for eligible clients.

The regulatory status is listed as 'Regulated' with a Derivatives Trading License (STP). The 'STP' designation indicates that the broker likely routes client orders directly to liquidity providers without dealing desk intervention, which can enhance transparency and execution speed.

Account Types and Trading Conditions

According to the company description, XBMarkets offers four account tiers: Bronze, Silver, Gold, and Diamond. These tiers are designed to cater to different experience levels and capital commitments, with each tier offering varying features such as spreads, leverage, and additional services.

Further specific details on minimum deposit requirements, spreads, and leverage ratios are not available in the provided facts. Typically, brokers with multiple account types differentiate on the basis of deposit size, commission structure, and access to educational resources or account managers.

Trading Platforms and Instruments

The broker supports trading across forex, metals, futures, energy, indices, and shares. This variety allows traders to diversify their portfolios within a single brokerage account. The specific trading platform(s) offered (e.g., MetaTrader 4/5, cTrader) are not mentioned in the known facts, but industry standards for CYSEC-regulated brokers often include popular platforms.

Instruments such as futures and energy typically require careful risk management due to their volatility, while indices and shares provide exposure to broader market movements. The inclusion of metals (likely gold and silver) adds a traditional safe-haven asset class.

Funding and Withdrawal Methods

No specific information on deposit and withdrawal methods is included in the known records. CYSEC-regulated brokers commonly offer bank transfers, credit/debit cards, and electronic wallets. However, without confirmed data, prospective clients should inquire directly with the broker or consult the official website for up-to-date information.

The absence of publicly available details on funding methods in aggregated industry databases suggests that this is a less‐prominent area of documentation for the broker. Traders are advised to verify transaction times and fees before opening an account.

Target Audience

XBMarkets appears to target a broad spectrum of traders, from beginners to experienced professionals, as indicated by its multi-tier account structure. The Bronze account likely serves entry-level traders, while the Diamond account may appeal to high-volume or institutional clients.

The broker's Cyprus base and CYSEC regulation make it accessible to clients across the European Economic Area, though it may also accept international clients subject to local regulations.

Conclusion on Available Information

As a relatively young broker founded in 2021, XBMarkets has limited independent public information beyond its regulatory registration. The records confirm its status as a regulated entity, which is a positive foundation, but many operational details remain unverified from third-party sources.

Traders considering this broker should conduct their own due diligence, including reviewing the official website's terms and conditions, and testing customer support responsiveness before committing funds. The presence of CYSEC regulation provides a baseline of trust, but does not eliminate the need for careful evaluation.

Overview compiled by FXCanary from regulatory records and public data. full XBMarkets review