XSOCIO Markets Journal (Broker rebranded)

Journal status: closed
XSOCIO Markets rebranded
XSOCIO Markets Profile
Website
www.xsocio.com (rebranded to www.tradingpro.com)
Year
2016
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Australia, Belgium, France, Iran, Japan, North Korea, US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
Tier-1 Banks, Non-Banks
LPs names
not disclosed

XSOCIO Markets Accounts
STP
Minimum Deposit
10 $
Leverage
2000 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.6 pips
Commission
0 $/lotRT
Volume
200 lots
Margin Call
50 %
Stop Out
20 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, FasaPay, Paytrust, Walaopay
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
after 2 months
Update broker

Is XSOCIO Markets safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is XSOCIO Markets trusted?

  • Information transparency: limited ★★
  • Customer service: not so helpful ★★
  • XSOCIO Markets website: semi-detailed, updated ★★★
  • XSOCIO Markets popularity (by visitor count): low visits ★★

How XSOCIO Markets works



6.4 The time of processing the Client’s orders is not a fixed parameter as it depends on the market conditions and the speed of order execution on the side of the Company’s partners.

6.17 In situations when there is a significant reduction of liquidity, the Company has the right to forbid trading for some instrument or several instruments or make the trading allowed in “Close Only” mode.

3.9 If the balance of the Customer’s account is negative, the Company shall have the right to pay off without future authorization the negative balance of the account by transferring funds from any other account of the Customer’s Members Area or from an account of any other Members Area, if the Company believes that there is a connection between this Members Area and the Customer.

2.4 The Company has the right to terminate maintaining of the trading account in cases within 60 days after it was opened the Client did not make any transaction.



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