Regarding the legitimacy of XNT forex brokers, it provides MFSA and WikiBit, (also has a graphic survey regarding security).
Is XNT safe?
Rating Index
Pros
Regulated by the Malta Financial Services Authority (MFSA), providing a level of security and trust for investors.
Offers a wide range of financial instruments, with access to over 1,000,000 tradable assets, allowing for significant portfolio diversification.
User-friendly trading platform that is accessible on multiple devices, facilitating convenient trading for users.
Cons
High minimum deposit requirement of €50,000, which may limit accessibility for casual or smaller investors.
Multiple fees, including a withdrawal fee of €30 and an inactivity fee of €50, which can increase overall trading costs.
Lack of educational resources and support for novice traders, making it less suitable for beginners in the trading space.
Is XNT markets regulated?
The regulatory license is the strongest proof.
MFSA Investment Advisory License 18
Malta Financial Services Authority
Malta Financial Services Authority
Current Status:
ExceededLicense Type:
Investment Advisory License
Licensed Entity:
XNT LTD.
Effective Date: 53749
2011-06-13Email Address of Licensed Institution:
--53748:
No SharingWebsite of Licensed Institution:
https://xnt.mt/Expiration Time:
--Address of Licensed Institution:
PORTOMASO TOWER ANNEX LEVEL 18, VJAL PORTOMASO, SAN GILJAN MALTA STJ 4011Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
XNT Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
XNT latest industry rating score is 3.19, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 3.19 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.