✔️ Information reviewed and updated in June 2024 by Eduardo López

IS XMR Markets RELIABLE? OPINIONS

In this post I will analyze XMR Markets. Is the forex, stocks, commodities and indices CFD broker XMR Markets (with website xmrmarkets.com) really reliable? Is it safe for you to invest your money with this company? I will examine this company in detail.

I will explain to you why I think that XMR Markets is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyXMR Markets (Pty) Ltd
Company typeCFD broker for forex, stocks, commodities and indices
📄 RegistrationNot mentioned
🛡️ RegulapainMentions being regulated in FSCA (South Africa)
📌 AddressSouth Africa
🌐 Websitexmrmarkets.com
🕑 Website ageYour registration date was: 2022-11-18
📧 Email[email protected]
???? Live ChatNo
💳 Payment methodsNot mentioned

📞 LIST OF PHONE NUMBERS:

The lack of a contact phone number on the company's website is a worrying sign.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans/accounts that XMR Markets offers; They are divided into 5 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
GREEN ACCOUNT $5,000
PREMIUM ACCOUNT$15,000
PLATINUM ACCOUNT$50,000
EXECUTIVE ACCOUNT$100,000
VIP ACCOUNT$250,000


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

XMR Markets website
  • Although the website lists the company that owns it as “XMR Markets (Pty) Ltd”, I have not been able to verify its existence in company records. This raises questions about the authenticity of the company. 🚩
  • The website indicates that it is located in South Africa, a location that is considered unsafe. 🚩
  • Furthermore, the company claims to be regulated by a South African body, which is not considered very safe. 🚩

⭐ XMR Markets OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company is located in an unsafe place such as South Africa.

2) The company mentions being regulated by a very unsafe regulator such as South Africa.

3) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

“To be honest with you, I wouldn't invest in this type of company: it is regulated in Vanuatu, a place with weak regulation. Additionally, he mentions belonging to a company called XMR Markets (Pty) Ltd, which appears to be fake. In my opinion, I cannot recommend a company with these characteristics.”


💬 WHAT TO THINK OF A COMPANY LIKE XMR Markets?:

XMR Markets presents itself as a broker with a dubious reputation. Its location in South Africa, a financially insecure place, raises serious concerns about its credibility and reliability. Furthermore, although the website lists the company that owns it as “XMR Markets (Pty) Ltd”, there are no records of this company in company records, suggesting the possibility that it is a fictitious entity.

Another alarming point is that XMR Markets claims to be regulated by an unreliable regulatory body, as is the case in South Africa. This lack of transparency and the choice of an unsafe regulatory jurisdiction further increase doubts about the integrity and seriousness of the company.

Given these warning signs, investors are advised to exercise extreme caution when considering any type of trading relationship with XMR Markets.. The combination of an unsafe location, lack of information about the company that owns it, and regulation in an untrustworthy jurisdiction indicate a high risk associated with this company. It is essential to prioritize security and protection of financial interests when making investment decisions.


📣 LATEST UPDATES:

At the moment there are no updates.


✔️ CLAIM MONEY FROM XMR Markets:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can rescue your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT XMR Markets:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is XMR Markets?

XMR Markets is a broker that offers investment services in forex CFDs, stocks, commodities and indices.

Is XMR Markets a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is XMR Markets trustworthy?

XMR Markets is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from XMR Markets?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (487 votes)

2 comments on «IS XMR Markets RELIABLE? OPINIONS»

  1. Imma Reply

    This company is not serious. They do not return the money, do not do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Imma, XMR Markets is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *