Brokers  /  Xmarkets

Xmarkets

Severe risk
Montenegro · 5-10 years · since 2019-05-09 · Celestial Trading Limited
Unregulated
Visit site ↗
1.4/5
★★★★★ ★★★★★
36 reviews ›
0
Licenses ›
3
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
75/100
Scam risk ›
0
Clone sites ›
▲ 10% positive▼ 90% negative
Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot1.4/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~30% of recent reviews
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 & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration458%
Transparency (site/info/social)5010%
Real-user sentiment908%

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 nameCelestial Trading Limited
Headquarters Montenegro
Founded2019-05-09
Years operating5-10 years
Employees0
Official websitexmarkets.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—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.
Full reviewIn-depth editorial analysis

Review analysis AI

The real‑review record is overwhelmingly negative, with zero positive endorsements across 11 key trading aspects. Clients consistently describe a pattern of deposited funds being seized, accounts mysteriously blocked, and withdrawal requests ignored or met with new fee demands. Multiple first‑hand accounts detail theft of four‑ and five‑figure sums, fake trading platforms, and high‑pressure binary‑options tactics, indicating a deliberate scam operation rather than a legitimate brokerage.

Not for
  • Retail traders seeking a regulated broker
  • Anyone who values fund safety and transparent operations
  • Traders who require reliable withdrawals
Period:
What users complain about
Where reviewers are from
🇺🇸 US2
🇬🇧 GB2
🇦🇪 AE1
🇮🇩 ID1
🇳🇱 NL1
GR1
Positive vs negative · last 7 months Pos Neg
Jan
Mar
Sep
Apr
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Jun
Feb

Real user reviews

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What Xmarkets says about itself as stated by the broker · not independently verified by FXCanary

Company Background

According to the broker, Xmarkets is a trading name of Celestial Trading Limited, a company registered in Seychelles. The firm states that it opened in August 2017 and provides online trading services.

Regulatory Claims

The broker asserts that it operates under the laws of Seychelles, though no specific regulatory licence number is advertised.

Trading Instruments

Xmarkets claims to offer a range of tradable assets, including forex, commodities, indices, and shares, accessible through a web‑based platform.

Platform

The company advertises the MetaTrader 5 (MT5) platform as well as its own web‑based trading interface.

Account Types

Xmarkets promotes several account tiers with varying minimum deposits and features, though precise details are not publicly specified.

About Xmarkets

Overview

Xmarkets is an online trading brand owned and operated by Celestial Trading Limited. The company claims to have been in operation since August 2017 and is registered in Seychelles, though it appears to serve clients from Montenegro. The broker markets itself as a provider of forex and CFD trading services to retail investors.

Regulatory Status

Xmarkets does not hold a valid regulatory licence from any recognised financial authority. Its claimed Seychelles registration is not backed by a regulatory permit, leaving clients without the protections that licensed brokers must offer. This unregulated status is a critical risk factor for anyone considering an account.

Trading Offerings

The broker states that it offers a variety of instruments, including forex pairs, commodities, indices, and shares. These can be traded through the popular MetaTrader 5 platform as well as a proprietary web‑based trader. However, the broker does not disclose detailed contract specifications or trading conditions upfront.

Account Types

Xmarkets advertises multiple account levels designed for different trading styles and capital sizes. While exact minimum deposits and leverage settings are not made public, the firm suggests that higher‑tier accounts receive additional benefits such as tighter spreads and dedicated support.

Funding Methods

Information on deposit and withdrawal methods is not clearly provided on the broker’s website. This lack of transparency makes it difficult for traders to assess the cost and speed of moving funds in and out of a trading account.

Trader Feedback

On Trustpilot, Xmarkets holds a rating of 1.4 out of 5 based on 35 reviews, with users frequently citing withdrawal issues, platform access problems, and outright loss of funds. The Forex Peace Army has no votes for the broker, which is often a red flag for weak community presence.

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