Xelans MARKETS

The overall risk profile is moderate, with an aggregated WikiFX assessment score of 5.75 out of 10, which combines factors from regulation, business stability, and platform technology. The broker is regulated by the Financial Services Commission (FSC) of Mauritius, which is an offshore regulatory authority. Traders should be aware that the specific investor protections and compensation schemes offered in such jurisdictions can differ significantly from those in major financial centers. The broker has a clean exposure record with zero publicly reported cases of misconduct or negative feedback, but its relatively recent market entry of 1-2 years means its long-term operational track record is still developing. As with any investment, conducting independent due diligence is strongly recommended.

Xelans Markets Limited is regulated by the Financial Services Commission (FSC) of Mauritius. It holds a Securities Trading License (EP) under the registration number GB23201934. This provides a basic regulatory framework, though Mauritius is classified as an offshore jurisdiction with distinct regulatory oversight compared to top-tier authorities like the UK's FCA or Australia's ASIC.

The official website address for this broker is not publicly available in our current records. It is recommended to verify the correct and official website through the regulator's official register or through the broker's official communication channels to avoid potential phishing sites.

According to the broker's account specifications, the minimum trade size is exceptionally small, with a minimum cash requirement of 0.1 unit for both its ECN and STP account types. This is typically understood as 0.01 standard lots or 1 micro lot, allowing for very low-cost entry points for traders. Both account types also offer a maximum leverage of up to 1:100, which is adjustable based on compliance rules.