Search

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

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Xeodis Company

Xeodis Company Overview

Company Overview

Founding Date and Background

Xeodis Company was founded in 2024, emerging as a new player in the online trading landscape. The company was established with the aim of providing comprehensive trading solutions designed to cater to both novice and experienced traders.

Parent Company/Ownership Structure

Xeodis operates under the supervision of Trading Ltd., which is responsible for its operational framework. The ownership structure appears to be centralized, with a focus on providing a streamlined trading experience.

Headquarters Location

The exact headquarters location of Xeodis is not publicly disclosed, which raises some questions regarding transparency. The company is registered in the Comoros Islands, under the regulatory jurisdiction of Mwali.

Global Business Scope

Xeodis aims to serve a global clientele, offering access to various financial markets. However, the broker has limited access in certain countries, including the United States, Iran, Iraq, North Korea, and Myanmar, which restricts its global business reach.

Main Regulatory Bodies

Xeodis claims to operate under the license number lic0123445, granted in accordance with the International Brokerage Act. However, the regulatory body overseeing this license is not specified, which is a common concern among potential clients.

Back to top

Company History and Development

Key Milestones

Since its inception in 2024, Xeodis has made strides in establishing itself within the competitive online trading market. Despite its short operational history, the company has quickly developed a platform that offers a wide range of financial instruments.

Business Expansion Journey

Xeodis has focused on expanding its offerings to include over 2,000 assets across various asset classes, such as forex, stocks, commodities, and indices. This expansion reflects a commitment to meeting the diverse needs of its client base.

Customer Base Growth

Although specific customer numbers are not disclosed, Xeodis appears to be targeting both beginner and experienced traders, aiming to build a diverse customer base that appreciates its educational resources and trading tools.

Platform Development History

The company has developed a proprietary trading platform that supports web-based and mobile trading. The platform is designed to provide users with advanced trading tools and a user-friendly interface, although it has faced criticism for its performance and reliability.

Important Awards or Recognitions Received

As a relatively new broker, Xeodis has not yet received significant industry awards or recognitions that would enhance its reputation in the market.

Back to top

Trading Services Offered

Forex Trading Options

Xeodis offers a variety of forex trading options, including a number of currency pairs. Details regarding the exact number of currency pairs available are not specified, but the broker emphasizes its capacity to cater to different trading strategies.

Stock Trading Options

In addition to forex, Xeodis provides access to stock trading across various markets. This includes popular tech stocks and other major companies, allowing traders to diversify their portfolios.

CFD Trading Products

The broker also offers Contracts for Difference (CFDs) on various assets. This allows traders to speculate on price movements without owning the underlying asset, providing flexibility in trading strategies.

Other Financial Instruments

Xeodis provides access to other financial instruments, including cryptocurrencies and commodities. This broad range of offerings enables traders to explore various market opportunities.

Special Services or Unique Advantages

Xeodis claims to offer several advantages, including a secure trading environment, advanced trading tools, and educational resources. It also emphasizes transparency with no hidden fees, although the lack of a demo account has been noted as a drawback.

Back to top

Detailed Regulatory Information

Xeodis operates under the license granted by Mwali, but the specifics of this regulation are questioned due to the lack of transparency regarding the regulatory body's credibility. The broker's claims of operating under the International Brokerage Act add another layer of complexity to its regulatory standing.

The legal entity structure of Xeodis is not clearly defined in available documentation. It operates as a trading entity under the jurisdiction of the Comoros Islands, which is often associated with less stringent regulatory oversight.

Client Fund Protection Measures

Xeodis asserts that it employs advanced encryption and security measures to protect client funds. However, the exact client fund protection mechanisms, such as segregation of accounts, are not detailed in the available resources.

Countries/Regions Served

While Xeodis aims for a global reach, it is restricted from servicing clients in certain countries, including the US and several others with strict financial regulations. This limitation may affect its overall market potential.

Compliance History

As a newly established broker, Xeodis does not have a compliance history that is publicly available. The lack of historical data raises concerns about its operational practices and adherence to regulatory standards.

Back to top

Competitive Landscape

Main Competitors

  • eToro: Known for its social trading features and a wide range of assets.
  • IG Group: A well-established broker offering extensive educational resources and trading tools.
  • Plus500: Focuses on CFDs and has a user-friendly platform with competitive spreads.
  • Forex.com: Offers a robust trading platform and a wide array of forex pairs.
  • Positioning in the Industry

    Xeodis positions itself as a newcomer with a focus on providing a user-friendly trading experience and educational resources. However, it faces stiff competition from more established brokers with proven track records.

    Market Differentiation Factors

    Xeodis attempts to differentiate itself through a proprietary trading platform and claims of no hidden fees. However, its lack of a demo account and limited regulatory oversight may hinder its ability to attract and retain clients compared to more reputable competitors.

    Back to top

    Conclusion

    Xeodis Company presents itself as a modern online broker offering a variety of trading services, including forex, stocks, and CFDs. However, its lack of transparency regarding regulatory oversight and operational history raises concerns for potential clients. As the company continues to develop its platform and expand its offerings, traders should exercise caution and conduct thorough research before engaging with Xeodis.

    Back to top

    For more information on Xeodis and its trading services, learn more here.

Xeodis Similar Companies Brokers

Explore broker companies: forex/fx trading, investment, and global limited. Check company details.