|Journal status: |
х Afghanistan, Australia, Cuba, Ecuador, Iran, Ivory Coast, Japan, Libya, Myanmar, North Korea, Puerto Rico, Sudan, Syria, US
MM, DMA, ECN marketing
A+B hybrid book, A-book
500 : 1
500 : 1
Deposit & Fees
Bank Wire, Credit Card, Debit Card, Help2Pay, PayPal, FasaPay, Tether, Bitcoin
Interest on margin
- Full listing profile: XeroMarkets broker profile
Is XeroMarkets safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is XeroMarkets trusted?
- Information transparency: sufficient
- Customer service: virtually non-existent
- XeroMarkets website: semi-detailed, updated
- XeroMarkets popularity (by visitor count): average
How XeroMarkets works
4.1. The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.
4.8.1 The Client is not allowed to enter into any form of prohibited trading i.e. certain trading techniques commonly known as "arbitrage trading", "picking/ sniping" or the use of certain automated trading systems or “Expert Advisors”; and/or follow an abusive trading strategy i.e. any trading activity which is aiming towards potential riskless profit by opening opposite orders, during periods of volatile market conditions, during news announcements, on opening gaps (trading sessions starts), or on possible gaps where the underlying instrument has been suspended or restricted on a particular market, between same or different trading accounts.
23.2. It is important to note that Slippage does not affect the Negative Balance Protection and therefore the Client will never lose more than the amount invested (including any profit, if gained), even if a slippage occurs.
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