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XMR Markets

South Africa | 2-5 years |
Suspicious Regulatory License | Self-developed | Suspicious Scope of Business | Suspicious Overrun | High potential risk

https://xmrmarkets.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Costa Rica 4.15
Surpassed 14.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@xmrmarkets.com
https://xmrmarkets.com/
33 Scott Street, Waverley, Johannesburg, 2090, South Africa

Licenses

Licensed Entity:XMR Markets (Pty) Ltd

License No. 46452

Warning: Low score, please stay away!
2025-09-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
South Africa
Operating Period
2-5 years
Company Name
XMR Markets (Pty) Ltd
Customer Service Email Address
support@xmrmarkets.com
Company Website
Company address
33 Scott Street, Waverley, Johannesburg, 2090, South Africa
Account
Biz Area
Website
Genealogy
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Company Summary
Wiki Q&A
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Official website

Website

xmrmarkets.com
35.214.219.232
Server Location
Netherlands
ICP registration
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Domain Effective Date
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Company Summary

XMR MarketsReview Summary
Founded2022-11-18
Registered Country/RegionSouth Africa
RegulationSuspicious Clone
Market InstrumentsForex/Commodities/Stocks/Indices/ETFs
Trading PlatformXMR Markets(Mobile/Web)
Min Deposit250 USD
Customer SupportEmail: 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.

XMR Markets Information

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.

Is XMR Markets Legit?
Is XMR Markets Legit?

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
What Can I Trade on XMR Markets?

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 PlatformSupported Available Devices
XMR MarketsMobile/Web
Trading Platform

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.

Deposit and Withdrawal

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Self-developed
  • Suspicious Scope of Business
  • Suspicious Overrun
  • High potential risk

Wiki Q&A

x1250
Within 1 year

Which payment methods can I use with XMR Markets?

WikiFX Reply
XMR Markets allows deposits through credit cards (Visa, MasterCard, Maestro), wire transfers, and e-wallets like Skrill and Neteller. I like the selection of payment methods because it provides me with options for quick and convenient deposits. Personally, I prefer e-wallets for their ease and speed, so I’m glad to see they’re supported. However, I would have liked to see additional options such as PayPal or even cryptocurrency payments, as these are becoming more common in the industry. While the available methods are sufficient, the lack of more diverse payment options leaves me wanting a bit more flexibility.
Broker Issues
XMR Markets
Withdrawal
Deposit
08-11
United States
Thobani Dlalda
Within 1 year

What are the pros of XMR Markets?

WikiFX Reply
One of the benefits of XMR Markets is that they offer a variety of tradable instruments, including forex, commodities, stocks, indices, and ETFs. This is a positive feature, as it allows me to diversify my trading strategies across different asset classes. Additionally, XMR Markets provides swap-free accounts, which is particularly appealing to traders like me who follow Islamic principles and cannot trade with interest-bearing accounts. The platform is available on both mobile and web, offering flexibility and the ability to trade from virtually anywhere, which adds significant convenience. However, these advantages do not outweigh the major concerns about their "Unverified" regulatory status. As a trader, it’s important for me to feel secure with the broker I’m working with, and the lack of verified regulation makes me wary of trusting XMR Markets with my funds. While I appreciate the range of instruments and swap-free accounts, the unverified regulatory status would make me cautious about proceeding further.
Broker Issues
XMR Markets
Regulation
07-21
United States
Abu00saeed
Within 1 year

What withdrawal methods does XMR Markets support?

WikiFX Reply
XMR Markets supports a variety of withdrawal methods, including credit cards (Visa, MasterCard, Maestro), wire transfers, and e-wallets like Skrill and Neteller. This flexibility is something I appreciate because I can choose the method that works best for me. Personally, I prefer e-wallets due to their fast processing times, and it’s good to know that XMR Markets supports this. However, the lack of transparency on fees and withdrawal times means that I would need to inquire with customer support to get more detailed information. Although the variety of withdrawal methods is helpful, the lack of clear details leaves me uncertain about how easy it would be to withdraw my funds when needed.
Broker Issues
XMR Markets
Withdrawal
Deposit
06-05
United States
Tricia54
Within 1 year

Can I know the details about the XMR Markets fees?

WikiFX Reply
XMR Markets doesn't provide a detailed fee breakdown on its website, which immediately raised some concerns for me. Transparency in fees is essential for any trader, as hidden fees can significantly reduce profits over time. From what I could gather, there do not seem to be deposit fees for using credit cards or wire transfers, which is a good start. However, the lack of detailed information about other possible fees, such as withdrawal fees or spread costs, made me hesitant to proceed without further clarification. This kind of opacity is something I’ve learned to be cautious about, as unexpected fees could quickly eat into any profits I make. The withdrawal process itself takes 5 to 10 business days, which is relatively long and could imply that XMR Markets charges fees for processing withdrawals. As a trader, I expect a clear and comprehensive fee structure to be disclosed upfront, and in this case, I would need to contact their support team directly for more information. Given the risks of surprise charges, I would strongly recommend getting clarity on all potential costs before committing any funds to XMR Markets.
Broker Issues
XMR Markets
Fees and Spreads
05-27
United States
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