General Information & Regulation
XSocio Markets is XSocio Markets is a trading name of XSocio Markets Ltd which is a company Registered in Saint Vincent and Grenadines under 24611 IBC 2018. XSocio Markets is not subject to any regulation. Since unregulated brokers cannot guarantee the safety of client funds, So traders are not advised to trade with this broker.
Market Instruments
Investors can trade Forex currency pairs, indices, and commodities with XSocio Markets.
Minimum Deposit
XSocio Markets offers six different account types: Rookie (minimum deposit of $1), Micro (minimum deposit of $1), Pro (minimum deposit of $10), Scalpx (minimum deposit of $50), Copytrade and PAMM accounts.
XSocio Markets Leverage
Trading leverage vary depending on various account types. The maximum trading leverage is 1:2000 for Rookie Accounts, Pro Accounts, and Scalpx Accounts, 1:1000 for Micro Accounts, 1:1000 for Copy Cent Accounts 1:2000 for Copy Pro Accounts.
Spreads & Commissions
Spreads for Beginner and Scalper accounts start at 0 pips, and trading commissions are $3 per lot. Micro, Pro, and PAMM accounts have spreads starting from 1.6 pips and commission calculated into spreads. Copytrade accounts have spread starting from 0 pips, and XSocio Markets charge 2 pips as commissions. Copytrade accounts have spreads starting from 1.6 pips and no commission.
Trading Platform
XSocio Markets provides traders with the world's leading and powerful MT4 trading platform, which gives investors an excellent trading experience.
Deposit & Withdrawal
XSocio Markets supports traders to deposit and withdraw funds through various methods, including FasaPay, FPX, PayTrust, Skrill, NETELLER, VISA/MASTERCARD. FasyPay and Skrill are subject to a fee charged by the providers for withdrawing funds.