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For more information about XDL Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Offers a variety of trading instruments including forex, shares, and commodities.
Accessible customer service via email, providing support in English.
Relatively low minimum deposit requirement, making it accessible for beginner traders.

Cons

Lacks regulatory oversight, raising concerns about safety and security.
Reported issues with slippage and withdrawal difficulties, indicating potential execution problems.
Low overall score from independent reviews, suggesting a lack of trustworthiness in the broker's operations.

XDL Company

XDL Company Overview

Founding Date and Background

XDL Company, formally known as XiDeLang Holdings Ltd, was established in 2009. The company began as an investment holding firm primarily focused on designing, manufacturing, and marketing sports shoes and apparel. Over the years, it has expanded its operations to include various accessories and equipment related to sports.

Parent Company/Ownership Structure

XiDeLang Holdings Ltd operates as an independent entity and is publicly traded on the Bursa Malaysia stock exchange under the ticker symbol XDL. The company has a diverse ownership structure, with a significant portion of shares held by institutional investors and the public.

Headquarters Location

The headquarters of XDL Company is situated in Malaysia. This strategic location allows it to tap into the growing Southeast Asian market, which is increasingly becoming a hub for sports and leisure activities.

Global Business Scope

XDL Company primarily conducts its business within the domestic market of Malaysia. However, it has also explored opportunities in international markets, particularly in regions where there is a rising demand for sports-related products. The companys products are designed to cater to both local and international consumers.

Main Regulatory Bodies

As a publicly traded company, XDL is subject to regulations set forth by the Securities Commission of Malaysia and the Bursa Malaysia. These regulatory bodies ensure compliance with financial reporting standards and corporate governance practices.

Company History and Development

Key Milestones

Since its inception in 2009, XDL Company has achieved several key milestones. The company has successfully launched multiple product lines, establishing itself as a recognized brand in the sports apparel sector. Notably, it has also seen a significant increase in its market capitalization, which currently stands at approximately MYR 21.16 million.

Business Expansion Journey

XDL Company has steadily expanded its product offerings, starting with sports shoes and gradually incorporating sports apparel and accessories. This expansion has been supported by strategic marketing efforts and partnerships with various retail outlets. The company has also invested in enhancing its manufacturing capabilities to meet growing demand.

Customer Base Growth

The customer base of XDL Company has grown significantly over the years. Initially catering to local sports enthusiasts, the company has successfully attracted a broader audience, including international customers seeking quality sports products. This growth can be attributed to effective branding and targeted marketing strategies.

Platform Development History

XDL Company has invested in developing a robust online platform to facilitate e-commerce. This platform allows customers to browse and purchase products conveniently, thus enhancing the overall shopping experience. The company continues to improve its digital presence to reach a wider audience.

Important Awards or Recognitions Received

Over the years, XDL Company has received various accolades for its contributions to the sports apparel industry. These recognitions highlight the company's commitment to quality and innovation, further solidifying its reputation in the market.

Trading Services Offered

Forex Trading Options

XDL Company does not primarily focus on forex trading as part of its core business model. However, it is noteworthy that the broader financial services industry, including forex trading, is a significant area of interest for investors.

Stock Trading Options

As a publicly traded entity, XDL Company provides opportunities for investors to buy and sell its shares on the Bursa Malaysia exchange. This access to stock trading enables investors to engage with the companys growth potential.

CFD Trading Products

XDL Company does not explicitly offer Contract for Difference (CFD) trading products. Instead, its primary offerings revolve around sports apparel and related products.

Other Financial Instruments

XDL Company does not engage in trading financial instruments such as cryptocurrencies or commodities. Its focus remains on the sports apparel sector, where it aims to provide quality products to its customers.

Special Services or Unique Advantages

XDL Company prides itself on its commitment to quality and customer satisfaction. The company emphasizes innovative designs and sustainable manufacturing practices, which serve as unique selling points in the competitive sports apparel market.

Regulatory and Legal Background

Detailed Regulatory Information

XDL Company is regulated by the Securities Commission of Malaysia and the Bursa Malaysia, which oversee its operations as a publicly listed company. These regulatory bodies ensure that the company adheres to strict financial reporting and corporate governance standards.

XDL Company operates as a limited liability company in Malaysia. Its legal entity structure is designed to comply with local laws and regulations governing publicly traded companies.

Client Fund Protection Measures

As a company focused on product sales rather than financial services, XDL Company does not handle client funds in a manner typical of financial institutions. However, it is committed to maintaining transparency and integrity in all its business dealings.

Countries/Regions Served

While XDL Company primarily serves the Malaysian market, it has begun exploring opportunities in international markets, particularly in Southeast Asia. This expansion is driven by the increasing demand for sports products in these regions.

Compliance History

XDL Company has maintained a positive compliance history, meeting the regulatory requirements set forth by Malaysian authorities. Its commitment to transparency and good corporate governance has helped it build a strong reputation in the industry.

Competitive Landscape

3-5 Main Competitors

XDL Company faces competition from several key players in the sports apparel market, including:

  1. Nike: A global leader in sportswear with a strong brand presence.
  2. Adidas: Another major competitor known for its innovative products and marketing strategies.
  3. Puma: Offers a range of sports apparel and footwear, competing directly with XDL.
  4. Li-Ning: A growing competitor in the Asian market, focusing on sports performance products.

Positioning in the Industry

XDL Company positions itself as a provider of quality sports apparel and footwear tailored to the needs of local consumers. Its focus on innovation and design helps differentiate it from larger global competitors.

Market Differentiation Factors

XDL Company differentiates itself through its commitment to local market needs, innovative product designs, and sustainable manufacturing practices. This focus on quality and customer satisfaction sets it apart in a competitive landscape dominated by larger international brands.

In conclusion, XDL Company has established itself as a significant player in the sports apparel industry in Malaysia. With a commitment to quality, innovation, and customer satisfaction, it continues to grow and adapt to the evolving market landscape. For more information on XDL Company and its offerings, please visit their official website or consult financial resources for the latest updates on their performance and market activities.

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