XPO FUND foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://xpo.fund/, about the company's legal and temporary regulatory information, the company's address Bonovo Road – Fomboni, Island of Mohéli – Comoros Union.
XPO Fund, officially known as Xeno Portfolio LLC, was established in 2016. The company is headquartered in Moscow, Russia, with its primary office located at Dmitrovskoe Sh., 100, S2, Moscow, Russia, 127247. As a private entity, XPO Fund operates in the retail forex trading sector, focusing on providing trading services and opportunities to individual traders and investors.
Over the years, XPO Fund has evolved significantly, launching various trading products and services. One of its notable milestones includes the introduction of its proprietary trading platform, which offers advanced trading solutions and tools to clients. The broker has also expanded its offerings to include cryptocurrency index funds and derivatives index funds, catering to a diverse clientele.
XPO Fund operates primarily in the forex and cryptocurrency markets, providing a wide range of trading instruments to its users. The business model revolves around retail forex trading, where individual traders can participate in the global financial markets.
XPO Fund operates without valid regulation, which raises concerns about its legitimacy and safety. The broker is not currently overseen by any recognized regulatory authority, which is a significant red flag for potential investors.
As it stands, XPO Fund does not hold licenses from major regulatory bodies such as the Financial Conduct Authority (FCA) or the Securities and Exchange Commission (SEC). This lack of oversight means that the broker may not adhere to the stringent standards that regulated firms must follow, putting clients' funds at risk.
Furthermore, XPO Fund does not have a clear client fund segregation policy, which is critical for safeguarding investors' assets in the event of financial difficulties. There is also no indication of participation in investor compensation schemes, which typically provide a safety net for clients in case of broker insolvency.
To comply with anti-money laundering (AML) and know your customer (KYC) regulations, XPO Fund has stated that it requires clients to verify their identities during the account registration process. However, the lack of regulatory oversight raises questions about the enforcement and effectiveness of these measures.
XPO Fund offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to numerous currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY. Additionally, XPO Fund allows trading in Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies.
The broker has introduced unique products such as crypto index funds and derivatives index funds, catering to traders looking for diversified investment opportunities. The frequency of product updates and the introduction of new trading instruments are not clearly specified, but the firm aims to expand its offerings continually.
XPO Fund also provides retail trading services, allowing individual traders to engage in the forex market. While there is no specific mention of institutional services, the broker's focus remains on empowering retail traders through various educational resources and trading tools.
XPO Fund supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized in the trading community for their advanced charting capabilities and user-friendly interfaces. The broker also offers a proprietary trading platform that integrates various trading tools and features, enhancing the trading experience for its users.
The broker provides a web-based trading platform, allowing traders to access their accounts from any device with internet connectivity. Additionally, XPO Fund offers mobile applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
XPO Fund operates on a Market Making execution model, which allows for direct market access and potentially faster trade execution. The broker's servers are located in strategic locations, although specific details about the technology infrastructure are not provided.
For traders interested in automated trading, XPO Fund supports API access, allowing users to connect their trading algorithms and execute trades automatically based on predefined strategies.
XPO Fund offers various account types to cater to different trading needs. The standard account requires a minimum deposit that is not explicitly stated in the provided information. The broker provides competitive spreads and commission structures, although specific figures are not detailed.
In addition to standard accounts, XPO Fund may offer advanced account types such as VIP or professional accounts, which typically come with additional benefits like lower spreads and higher leverage options. The broker also provides a demo account for traders to practice their strategies without financial risk.
Leverage ratios vary depending on the trading product, with forex accounts typically offering higher leverage compared to CFDs. The minimum trade size is not specified, but the broker aims to accommodate both novice and experienced traders.
XPO Fund has a policy regarding overnight fees, although specific details about the rates and conditions are not provided. Traders are advised to review the terms and conditions carefully to understand the implications of holding positions overnight.
XPO Fund supports multiple deposit methods, including bank transfers, credit cards, and various e-wallets. The minimum deposit requirements vary by account type, but specific figures are not disclosed.
Deposit processing times are generally quick, although exact durations are not specified. The broker may impose nominal fees for deposits, depending on the chosen method.
Withdrawal methods include bank transfers and e-wallets, with no minimum withdrawal amount specified. However, the processing time for withdrawals can vary, and traders are encouraged to familiarize themselves with the withdrawal fees associated with their chosen methods.
XPO Fund provides customer support through various channels, including telephone, email, and online chat. The support team is available 24/7, ensuring that traders can receive assistance whenever needed.
The broker offers multi-language support, catering to a diverse clientele. Educational resources include webinars, tutorials, and comprehensive articles designed to help traders enhance their skills and knowledge. Market analysis services are also available, providing traders with daily insights and research reports.
In addition to educational materials, XPO Fund offers a range of trading tools, including calculators and economic calendars, to assist traders in making informed decisions.
XPO Fund primarily serves clients in Russia and other regions, although specific details about its global reach are not provided. The broker has established a presence in various markets, but the exact number of regional offices is unclear.
Certain countries may face restrictions when attempting to open accounts with XPO Fund. The broker does not accept clients from jurisdictions where its services may not comply with local regulations. Specific restricted countries are not detailed, but prospective clients are encouraged to check the broker's website for the most current information.
In summary, while XPO Fund offers a range of trading products and services, potential clients should exercise caution due to the lack of regulatory oversight and transparency. Conducting thorough research and considering alternatives with established regulatory frameworks is advised for ensuring the safety of investments.
Exposure Red Flags to Watch out for! CATCH THIS WARNING BEFORE IT’S TOO LATE
The broker you are currently engaging with Is regulated ? Is it regulated by renowned authorities like the Financial Conduct Authority(FCA) Cyprus Securities and Exchange Commission(CySEC), Australian Securities & Investments Commission(ASIC), Financial Markets Authority (FMA) etc. Check before it's too late.