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XGLOBAL Markets

  • #1
  • First Post: May 5, 2015 6:15am May 5, 2015 6:15am
Hello Members,

Im an official representative of XGLOBAL Markets (www.xglobalmarkets.com) here on the forum at Forex Factory. I have opened up this thread to introduce our name and answer any questions people might have about the company.

XGLOBAL Markets is a broker that has a philosophy of providing equal trading conditions to all traders and keeping it simple with one trading account. Here are some highlights:

  1. MT4 platform with 100% ECN/STP execution
  2. USD, EUR, JPY and GBP base currencies supported
  3. 0.8 pips minimum spread with no commissions
  4. Swap free and Islamic accounts
  5. CySEC regulated under license 171/12

If you have any questions please reply to this thread.

Regards,
Daniel Rees - XGLOBAL Markets official representative

  • #2
  • May 6, 2015 2:16am May 6, 2015 2:16am
Hi, couple of questions. I have an EA that is good, do you guys allow scalping?
  • #3
  • May 6, 2015 5:17am May 6, 2015 5:17am
Quoting Tradingdude
Hi, couple of questions. I have an EA that is good, do you guys allow scalping?
Hi Tradingdude,

We welcome trading with Expert Advisors and scalping is fine with us. In fact we do not have any restrictions on trading strategies.

Regards,
Daniel Rees – XGLOBAL Markets official representative
  • #4
  • May 8, 2015 6:06am May 8, 2015 6:06am
cool, what about withdrawals ? how fast can i withdraw money?
  • #5
  • May 9, 2015 2:41am May 9, 2015 2:41am
Quoting Dan-XGLOBAL
{quote} Hi Tradingdude, We welcome trading with Expert Advisors and scalping is fine with us. In fact we do not have any restrictions on trading strategies. Regards, Daniel Rees XGLOBAL Markets official representative
the question should have been if I win a lot from my ea , will I get my account stoped because of arbitrage now lets see
people leave, but this thread will go on for ever
  • #6
  • May 11, 2015 1:15am May 11, 2015 1:15am
Quoting Tradingdude
cool, what about withdrawals ? how fast can i withdraw money?
Hello,
i have an account with XGM since 1 year and i can confirm that withdrawal policy is very good, for now.
It's fast and for profit also.

Recommended.
  • #7
  • May 11, 2015 10:11am May 11, 2015 10:11am
Quoting Tradingdude
cool, what about withdrawals ? how fast can i withdraw money?
Hello Tradingdude,
The time it takes for our clients to receive their funds depends on the payment method used. For eWallets (Skrill, Neteller), you usually receive your funds within 1 hour, for bank wire and debit/credit cards it usually takes from 2-5 business days depending on your bank/card-issuer.

Quoting Aussi
{quote} the question should have been if I win a lot from my ea , will I get my account stoped because of arbitrage now lets see
Hello Aussi,
Thank you very much for your comment. As a broker that offers pure ECN/STP execution every single trade is covered back to back with multiple liquidity providers so we are very neutral on the strategies used and the PL our clients produce. I can also confirm that we have never stopped a trader because of their trading strategy/algorithm.

Quoting G.m
{quote} Hello, i have an account with XGM since 1 year and i can confirm that withdrawal policy is very good, for now. It's fast and for profit also. Recommended.
Hello G.m,
Thanks for sharing, it is appreciated.

Best regards,
Daniel Rees – XGLOBAL Markets official representative
  • #8
  • May 17, 2015 2:26pm May 17, 2015 2:26pm
Hi
how about more info about your liquidity providers?
  • #9
  • May 21, 2015 4:47am May 21, 2015 4:47am
Quoting egkid
Hi how about more info about your liquidity providers?
Hello egkid,

Our prime brokers are ADS Securities and Accurate Investment Brokers, which provide us access to a pool of liquidity providers for settling client trades. This provides our clients access to real time market execution, low variable spreads and the ability to use any kind of trading strategy.

Best regards,
Daniel Rees – XGLOBAL Markets official representative
  • #10
  • May 28, 2015 3:44pm May 28, 2015 3:44pm
can I open a trade and close it in 1 second? I m trading using EA and arbitrage, so I want to know if there is a time limit. Thanks.
  • #11
  • Jun 2, 2015 7:12am Jun 2, 2015 7:12am
Hello tradingboy,

Yes, you can open and close a trade in 1 second. There is no restrictions on the minimum time an order has to be open.

Best regards,
Daniel Rees – XGLOBAL Markets official representative
  • #12
  • Jun 16, 2015 2:32am Jun 16, 2015 2:32am
Hello xGlobalMarkets,Im looking a bad review for xGlobalMarkest on google and including in ForexPeaceArmy website but i just found a good review and some a very very good review,so i already try you demo few hour ago,soon to be real.

Just one question,did your spread wider during high impact news release?let say for NonFarmParoll news,how wider the spread for EUR/USD?

Thank You
Irwan Malaysia.
  • #13
  • Jun 22, 2015 11:31am Jun 22, 2015 11:31am
Hello Irwan,

Thank you very much for sharing your impression of us based on the reviews you found.

To answer your question our spreads are floating and can widen during news or other volatile market times, which is inherent with the ECN liquidity that we offer. The amount of widening that traders experience during news times is in the hands of our liquidity providers so it is not possible to provide a figure. Instead, I recommend monitoring the New Order window in MT4 during the NFP or any other major news event so you can experience first hand exactly what happens. I would be very happy for you to come back and post your experience here on the forum.

Best regards,
Daniel Rees - XGLOBAL Markets official representative
  • #14
  • Jun 22, 2015 12:21pm Jun 22, 2015 12:21pm
Thank you Daniel,that's very honest answer.

1.New Zealand GDP news,Pair ( NZD/USD ) Spread around ( 8 to 10 ) pip, not bad for news trading.Normal spread ( 3.9 )

I'll be back for NFP.

Thank you.
  • #15
  • Jun 25, 2015 6:55am Jun 25, 2015 6:55am
Quoting Irwan1976
Thank you Daniel,that's very honest answer. 1.New Zealand GDP news,Pair ( NZD/USD ) Spread around ( 8 to 10 ) pip, not bad for news trading.Normal spread ( 3.9 ) I'll be back for NFP. Thank you.
Hello Irwan,

Thanks for coming back with those details. These spreads are based on the liquidity available in the market at that specific time, which we pass on. Therefore, you will probably find that most brokers offering ECN liquidity will see similar levels of widening from their typical spread during news times.

We have worked hard to provide competitive spreads, which should be reflected in the base spreads we offer on major pairs: http://www.xglobalmarkets.com/tradin...owest-spreads/

Best regards,
Daniel Rees XGLOBAL Markets official representative
  • #16
  • Jun 25, 2015 8:47am Jun 25, 2015 8:47am
Thankyou Daniel,in normal market condition i found XGlobal is the lowers spread of all major currency,good for trader.No commission,no swap so in my opinion XGlobal MT4 is better than Ctrader platform and best broker to trade on for now,already open a real account with a small deposit.

The execution is good,fast enough to trade the news.Don't have any experience with withdrawal,will post here again when i have one.

Thank You

Irwan Malaysia
  • #17
  • Jun 25, 2015 5:32pm Jun 25, 2015 5:32pm
Hello Xglobal,

I will open small account with you, thanks for infomation, hope to trade for profit soon, and for you and for me, thanks
  • #18
  • Jun 29, 2015 7:08am Jun 29, 2015 7:08am
Guys
It is great that you are giving feedback regarding your live accounts,tell me do you find the demo and live the same?
Also many brokers stop hunt any comments.
And can you lose more than you deposit with XGLOBAL?
I to are looking to set up a new account.
Feedback most welcome
Regards
  • #19
  • Jun 29, 2015 7:20am Jun 29, 2015 7:20am
How long for receive a withdrawal on skrill?
myfxbook: neoxis
  • #20
  • Jun 30, 2015 7:54am Jun 30, 2015 7:54am
New UPDATE (XGlobal)

1.UK GDP News,Pair GBP/USD,spread 9.5 (not bad for news trading) normal spread is 1.5 to 1.8

2.CAD GDP News,Pair USD/CAD spread 5.0 (good for news trading) normal spread is 1.5

will be back for NFP.

Thank you
Irwan Malaysia.
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