XLibre Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 17:35

Abstract：Founded in 2023, XLibre is an unregulated broker registered in Mauritius, offering trading on forex, commodities, metals, shares, indices and crypocurrencies with leverage up to 1:2000 and spread from 0 pips via the MT5 trading platform. The minimum deposit requirement is as low as $10.

XLibreReview Summary
Founded	2023
Registered Country/Region	Mauritius
Regulation	No regulation
Market Instruments	Forex, commodities, metals, shares, indices, crypocurrencies
Demo Account	✅
Leverage	Up to 1:2000
Spread	From 1.2 pips (CENT account)
Trading Platform	MT5
Min Deposit	$10
Customer Support	24/5 support - live chat, contact form
	Email: support@exalibre.com
	Facebook, X, Linkedin, Instagram
	Registered office: Office 306, 3rd Floor, Ebene Junction, Rue De La Democratie, Ebene 72201, Mauritius
	Business address: 22, St Georges Street, Suite 216, Port-Louis, Mauritius
Regional Restrictions	USA, Sudan, Syria, Iran, North Korea, Myanmar, EU countries' clients are not allowed

XLibre Information

　　Founded in 2023, XLibre is an unregulated broker registered in Mauritius, offering trading on forex, commodities, metals, shares, indices and crypocurrencies with leverage up to 1:2000 and spread from 0 pips via the MT5 trading platform. The minimum deposit requirement is as low as $10.

Pros and Cons

Pros	Cons
Fund segregation and negative balance	No regulation
Diverse trading products	Limited payment options
Demo accounts available	Long deposit and withdrawal processing time
Tiered accounts	Regional restrictions
Tight spreads
Commission-free on some accounts
MT5 platform
Low minimum deposit requirement
No fees for most deposits and withdrawals
Various contact channels

Is XLibre Legit?

　　No. XLibre operates without any valid supervision from any regulatory authorities. Please be aware of the risk!

What Can I Trade on XLibre?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Shares	✔
Indices	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Here are four account types XLibre offers:

Account Type	Min Deposit
CENT	$10
Pro	$25
Raw	$100
VIP	$200

Leverage

　　The broker offers leverage capped at 1:2000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

XLibre Fees

Account Type	Spread	Commission
CENT	From 1.2 pips	✔
Pro	From 1.2 pips	❌
Raw	From 0 pips	✔
VIP	From 0.7 pips	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, mobile, WebTrader	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

　　The broker accepts payments via VISA, MasterCard and SWIFT.

　　Deposit Options

Deposit Options	Fees	Processing Time
VISA	❌	Up to 10 minutes
Mastercard	❌	Up to 10 minutes
SWIFT	No fees for deposits over $100	2-7 business days

　　Withdrawal Options