Xelans MARKETS

Xelans MARKETS has a low WikiFX core score of 2.06 and is listed as 'Not Regulated' under regulatory status, indicating it does not hold a license from a major financial regulator. The broker operates from Mauritius with a 1–2 year history and holds a Securities Trading License from the Mauritius FSC, but this does not offer the same level of investor protection as top-tier regulation. Given these factors, caution is warranted.

Xelans MARKETS holds a Securities Trading License (EP) from the Financial Services Commission (FSC) of Mauritius under license number GB23201934. However, the broker's overall regulatory status is marked as 'Not Regulated' in the latest data, implying it is not overseen by a major financial authority. Traders should consider the limited scope of this license.

The minimum deposit is 0.1 (currency unit not specified) for both ECN and STP account types.

Yes, Xelans MARKETS supports the MetaTrader 5 (MT5) platform. It does not offer MT4.

Pros: MT5 support, low spreads from 0.0 pips on ECN accounts, scalping and EA allowed, low minimum deposit. Cons: Not regulated by a major financial authority, low WikiFX core score (2.06), short operating history (1–2 years), no Islamic account option, and limited publicly available information on fees and services.

No user complaints are recorded in the latest broker data.

It is not publicly specified whether Xelans MARKETS is available in the US region. The broker is registered in Mauritius and operates globally, but US availability is not disclosed.

Xelans MARKETS may appeal to beginners due to its low minimum deposit and MT5 platform, but its lack of major regulation, short track record, and low overall score suggest higher risk. Beginners should carefully evaluate these factors and consider their risk tolerance before choosing this broker.

Spreads start from 0.0 pips on ECN accounts and from 1.0 pips on STP accounts. Other fees, such as commissions or withdrawal charges, are not publicly specified in the latest data.

Xelans MARKETS offers two account types: ECN and STP. The ECN account has spreads from 0.0 pips, while the STP account has spreads from 1.0 pips. Both accounts have a maximum leverage of 1:100 (adjustable based on compliance), a minimum deposit of 0.1, and allow scalping, hedging (lock position), and automated trading (EA). Neither account supports Islamic (swap-free) trading.

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