Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Risk disclosure
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Frequently asked questions

Straight answers about accounts, payments and trading with Xellion. Can't find yours? Ask us on live chat.

About Xellion

Is Xellion regulated?

Xellion Group company Xellion Markets Mauritius Ltd is authorised and regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Adviser (Unrestricted), licence GB26206252. Client accounts are opened with Xellion Ltd, incorporated in Saint Lucia, under the Customer Agreement. You can check the licence on the FSC public register.

Which countries does Xellion not accept clients from?

Xellion does not offer its services to residents of United States, United Arab Emirates, European Union, Canada, Australia, Japan, Turkey, DR Congo, Russia, Iran, North Korea, Myanmar.

How do I contact Xellion support?

Use the live chat on any page or email support@xellion.com from the address registered on your account.

Opening an account

How do I open a live account?

Sign up in the Xellion client area, verify your identity by uploading your ID, choose an account type (Standard, Raw Spread or Zero Spread), then fund your account to start trading.

What is the minimum deposit?

The minimum first deposit is $50 for Standard, $250 for Raw Spread and $750 for Zero Spread.

What documents do I need to verify my account?

A valid government-issued photo ID and a recent proof of address, such as a utility bill or bank statement. Verification may include a liveness check, and documents are usually checked within 2 business days.

Which account type should I choose?

Standard has spreads from 0.9 pips with no commission and suits most new traders. Raw Spread (from 0.1 pips) and Zero Spread (from 0.0 pips) add a commission per lot in exchange for tighter spreads.

Can I practise before trading with real money?

Yes. You can practise with virtual funds in Xellion WebTrader or the MetaTrader 5 app before you deposit.

Deposits and withdrawals

How do I deposit?

Log in to the client area, click Deposit, enter the amount and choose a method. For bank transfers, the bank details appear on the next screen; upload the payment receipt as proof of payment so the team can credit your account.

Can someone else pay into my account?

No. Deposits must come from an account in your own name; third-party payments are not accepted.

How do I withdraw?

Click Withdraw in the client area, enter the amount, choose the method and complete the details. Withdrawals go back by the same method and to the same account you used to deposit.

Are there deposit or withdrawal fees?

Xellion charges no currency conversion fees. Your bank or payment provider may charge its own fees, which you pay.

Platforms and trading

Which trading platforms can I use?

MetaTrader 5 on Windows, Mac, iPhone and Android (server Xellion-Live), Xellion WebTrader in your browser, and the Xellion app.

What is the maximum leverage?

Up to 1:2000, depending on your account and country. Higher leverage means faster losses as well as gains.

Is scalping allowed?

No. The Customer Agreement (section 3.8) does not permit arbitrage, scalping or other strategies prohibited by the company.

Is there an inactivity fee?

Yes. After 90 consecutive days without activity, a fee of $50 per month applies until the balance reaches zero (Customer Agreement, section 5.3).

Can I lose more than my deposit?

Xellion accounts come with negative balance protection. Positions can also be closed automatically if your equity falls below the margin requirement, which can lock in a loss.

Still have a question?

Email support@xellion.com

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Answers are general information about Xellion's services and are not investment advice. Risk disclosure