XGLOBAL Markets
On the desk for one reason: single-entity structure. 2 register lines are on this file, spread across 2 legal entities in 2 jurisdictions, none of them with a top-tier regulator.
On the wire
2 items · 0 noticesRegister lines are confirmed; several commercial figures remain unread and are left blank.
- 01register entry
CySEC entry 171/12 for ABF Trade EU Limited (formerly X Global Markets Ltd)
Source: abftrade.com
- 02register entry
VFSC entry Not re-verified for XGLOBAL FX Ltd
Source: financemagnates.com
Entity by entity
2 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| CySEC | Cyprus | ABF Trade EU Limited (formerly X Global Markets Ltd) | 171/12 | T2 | abftrade.com |
| VFSC | Vanuatu | XGLOBAL FX Ltd | Not re-verified | T3 | financemagnates.com |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | not verified |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | not verified |
| Platforms | MT5 |
| Account books | 4 account types (names not verified) |
What the record says
CySEC's own investment-firms listing titles the entity 'ABF Trade EU Limited (ex X Global Markets Ltd)', evidencing the company name change from X Global Markets Ltd.
ABF Trade's own Terms of Use state the company holds CySEC CIF Licence No. 171/12 with registration number HE 291958 and offices at 162 Fragklinou Rousvelt, Limassol.
Finance Magnates reported CySEC fined X Global Markets Ltd EUR 5,000; the article also describes the group's Vanuatu arm XGLOBAL FX Ltd as VFSC-regulated.
The brand's former xglobalmarkets.com domains no longer serve content and the business now operates via abftrade.com under the ABF Trade name.
Not verified
9 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- legalEntities: CySEC licence number 171/12 sourced from the firm's own terms; CySEC entity page is bot-blocked so the number was not confirmed there
- VFSC licence number for XGLOBAL FX Ltd not re-verified
- minDeposit: not verified from a spec page
- maxLeverage: directory claims 1:200 stale, not verified
- spreadEurusd: not verified
- accountTypes: names not captured
- segregatedFunds / negativeBalanceProtection: not verified
- publiclyListed: not verified
- CySEC EUR 5,000 fine date not verified against a primary CySEC notice
Other open files
The whole deskThis file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.