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Payout: 81%
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Full Review

A Review of XPMarkets

Introduction

XPMarkets is owned by XP Ltd, a financial services company operating out of London. XPMarkets is powered by TradoLogic and offers traders the bet contracts available on this platform.

Sign up to XPMarkets.com and Receive a 50-100% First Deposit Bonus!

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Payouts and Expiry Times

The payout on the XPMarkets platform ranges from 65% to 81%. The exact payout is dependent on the use of loss return or Early Closure facility. There is no high yield trade on XPMarkets, so all trade types have the same payout.

With respect to expiry times, the only trade with a different expiry from the others is the 60 seconds trade which lasts for just a minute. The High/Low and Range option trades start from 15 minutes expiry and can get to a maximum of 24 hours expiry.

The 60 seconds contract was recently introduced on this platform.

Bonuses and Promotions

There are two types of bonuses on XPMarkets:

a)    Welcome bonus: The welcome bonus provided on XPMarkets varies depending on where the trader signed up for a live account. Usually those who sign up from affiliate partners have a bonus structure specifically tailored for the affiliate partner. As such, welcome bonuses can start from 50% of the deposit amount all the way up to 100%.  An affiliate partner has been known to give as much as 150% bonus.

b)    Those with VIP accounts are granted special bonuses. Other account types will also be given seasonal bonuses for special periods of the year such as the New Year, Christmas, etc. There are also bonuses that are given when there are market moving events. A Refer-a-Friend bonus is also paid out by XPMarkets to individual traders who can refer other traders who the open and fund live accounts on XPMarkets.

Asset Index

Traders can trade several assets on the XPMarkets platform. Some of these are as follows:

1)    Stocks: Apple, Boeing, ExxonMobil, Google, McDonalds, Microsoft, Nike, Vodafone, ING Group, COca Cola

2)    Currencies: AUDUSD, GBPJPY, GBPUSD, EURGBP, EURJPY, EURCHF, EURUSD, NZDUSD, USDCAD, USDJPY, USDCHF.

3)    Commodities: Crude oil, copper, silver, gold.

4)    Stock index futures: DJ30, NASDAQ100, S&P 500, BOVESPA, CAC40, FTSE100, DAX.

Trading Tools

General

Traders can get access to mobile trading via the XPMarkets iPhone application.

Technical

Traders can get access to complete charting information that features support and resistance plotted levels. There is also a daily technical analysis section for the benefit of traders, provided by leading market experts.

Traders who sign up for an account directly on the XPMarkets website are also entitled to a free binary options ebook.

Fundamental

There is a market news bar which is fully powered by Reuters, providing traders with the latest market events that will shape their trades. There is also a daily economic calendar put up on the XPMarkets website.

Deposits and Withdrawals

Traders can transact business on XPMarkets using the following channels of payment:

a)    Credit cards

b)    Bank Wires.

Minimum Deposit Amount

The minimum deposit using credit cards is $200 per transaction.

Min Investment Amount

The minimum investment amount in XPMarkets is $5.

Maximum Investment Amount

The maximum that a trader can invest in a trade on XPMarkets is $1000.

Sign up to XPMarkets.com and Receive a 50-100% First Deposit Bonus!

Deposit Info

Credit card usage on XPMarkets requires verification of the card by scanning the front and back of the card (with some of the credit card numbers covered) and sending the same via email to [email protected]

Withdrawal Info

The minimum withdrawal amount is $200, irrespective of the method of transaction used. Withdrawals can also be made via cheque, but this option is used only in certain countries.

Customer Support

Customer and technical support on XPMarkets is available via email, live chat and phone as follows:

–       Email ([email protected])

–       Phone: +44 20 36 27 92 45 (UK) and +1 313 3555536 (US)