EXPERT MARKETS (XPERT MARKETS) Review

About EXPERT MARKETS (XPERT MARKETS)

Xpert Markets (operating via xpertmarkets.com) is an unregulated broker. It claims registration in Saint Vincent and the Grenadines (SVG) under number “2399” or “2399LLC2021”, but no substantiated connection exists to the SVG FSA-registered entity “CryptoBattles LLC” under number “2399LLC2022”, and the SVG FSA neither issues nor supervises forex brokerage licences (). The Spanish regulator CNMV added Expert Markets to its warning list on October 2, 2023, citing provision of investment services without authorization ().

The broker offers trading via a web-based platform across multiple asset classes including over 60 currency pairs, CFDs on indices, metals, commodities and cryptocurrencies (). It advertises high leverage up to 1:500, a minimum deposit of approximately €250 or $250 for “Classic” accounts, and spreads around 1.7 pips on EUR/USD ().

Pros and cons

Pros

• Offers a wide variety of trading instruments including forex pairs, indices, metals, commodities, and crypto CFDs ().
• Provides multiple account types catering to different trader segments, ranging from “Classic” to “Élite” with varying deposit thresholds ().

Cons

• Completely unregulated; lacks any valid licence and is flagged by CNMV for unauthorized activity ().
• No investor protections such as segregated client funds, guaranteed compensation, or negative balance protection ().
• High leverage (1:500) significantly exceeds levels permitted by regulated brokers for retail clients ().
• Transparency issues disclosed in trading conditions, withdrawal processes, and connection to claimed SVG registration ().
• Platform appears to be an anonymous, generic web interface lacking advanced tools and common features like MT4/MT5 ().