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Regarding the legitimacy of Xtrade forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC,FSC,CYSEC,FSCA, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

FSCA Suspicious Clone

Is Xtrade safe?

The regulatory license is the strongest proof.

MM

ASIC Market Making(MM)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Market Making(MM)
  • Licensed Institution:

    Xtrade international Ltd Xtrade international Ltd
  • Effective Date:

    2010-04-12
  • Email Address of Licensed Institution:

    aristein@xtrade.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    2024-04-26
  • Address of Licensed Institution:

    Suite 1 Level 2, 424 St Kilda Road, MELBOURNE VIC 3004, 35 New Road, 2nd floor flat, Belize City, Belize
  • Phone Number of Licensed Institution:

    0061 0281236650
  • Licensed Institution Certified Documents:

11 name
Common fin.

FSC Common Financial Service License

Financial Services Commission

Financial Services Commission

Regulatory Agencies Introduction
  • Current Status:

    Exceeded
  • License Type:

    Common Financial Service License
  • Licensed Institution:

    XTRADE INTERNATIONAL LTD. XTRADE INTERNATIONAL LTD.
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    financialaren5@gmail.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    http://www.xtrade.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    No. 35 New Road, 2nd Floor Flat, Belize City, Belize C.A.
  • Phone Number of Licensed Institution:

    501-223-6910
  • Licensed Institution Certified Documents:

11 name
MM

CYSEC Market Making(MM) 18

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Suspicious Clone
  • License Type:

    Market Making(MM)
  • Licensed Institution:

    Merba Limited Merba Limited
  • Effective Date: Change Record

    2010-01-14
  • Email Address of Licensed Institution:

    compliance@offersfx.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    offersfx.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    140, Vasileos KonsTanTinou, ToFias BuildinG 2, CY-3080 LiMassol
  • Phone Number of Licensed Institution:

    +357 25 030 476, +357 25 030 742
  • Licensed Institution Certified Documents:

11 name
FSP corp

FSCA Financial Service Corporate

Financial Sector Conduct Authority

Financial Sector Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Suspicious Clone
  • License Type:

    Financial Service Corporate
  • Licensed Institution:

    PEAK WEALTH 8INVEST (PTY) LTD PEAK WEALTH 8INVEST (PTY) LTD
  • Effective Date:

    2013-10-08
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    THE BUSINESS EXCHANGE WATERWAY HOUSE SOUTH, 1ST FLOOR 3 DOCK ROAD VICTORIA & ALFRED WATERFRONT CAPE TOWN 8001
  • Phone Number of Licensed Institution:

    +27 745899469
  • Licensed Institution Certified Documents:

11 name

Is Xtrade a scam, or is it legit?

The latest exposure and evaluation content of Xtrade brokers.

XTrade Fraud
My story is not different from others. I started with small investments and the team of Marcos Mello, Santiago, Julia, Gustavo da Silva, and my personal consultant Carlos Smith simply wiped out all my money. I started with a small application and a kind of "theater" was performed when Marcos Mello called me saying that a bad operation had been opened and that if I didn't deposit more money, I would lose everything. After new deposits, there were always operations with incredible profits, and in a short time, I had already invested about $50,000. When I indicated that I wanted to make a withdrawal, an advisor named Julia, in a very emphatic way, told me that I should open positions to protect the capital, that she was a professional, and I should follow her advice. Just 15 minutes later, Marcos called me and said that if I didn't deposit $20,000, I would lose everything. The account practically closed, leaving less than $10,000. When I stopped making deposits, they stopped giving me opening suggestions.
Pending widrawal
I just want to clamor this company xtrade and all the people who communicated with me specially my account manager because of his negligence i loss my money within few minutes so when i tried to widraw what was left together with my bonus, it was pending and my account manager told me that i need to invest bigger amount of money inorder for me to widraw the money in my account because it was in a low profit...He requires me to deposit 1000usd but i did not deposit anything due to lack of finances and he said that he will wait for me...i message the person who contacted me at first to invest in xtrading and tell her about what happen to my money then she replied that wait for someone to call you. after sometime, someone called me and introduce herself that shes incharge of billing section and she told me that she will help me to widraw my money in my account but i need to pay a processing fee amounting to 5,700 pesos. Long story short, i paid her 5,700pesos thru gcash and after my payment she cannot be contacted anymore until one day, she call me for a reason that her son was hospitalized that's why she's not able to be reach...she explained that my processing fee is ok but i need to invest again atleast 10,000pesos in my account because it was very low profit. everyday, she's always calling at me to invest emmediately so that they will start to process my money in my account but i didn't invest this time because i think that they are scammers, i tried to message them and call their phone numbers but always unattended
XTrade online trading is a Big Scam BEWARE
They called me and let me deposit manually into their Xtrading Platform. They got me and I deposited 100dollars until such time that they will call you again to offer you a premium account.. to add another 500dollars. During this time, I smell something fisheee, I did not get into their trick, I noticed that something is bad here. That is why, I requested to withdraw my 100dollar and they did not return it to my bank account.. Stay away from this platform! Xtrading is a Scam!!!!!
Fraud by the assigned broker
On Facebook, it took me to the link www.Xtrade/es, so I decided to invest my money, I saw the experience and the regulation, but after the broker Jennifer Álvarez told me that my account was going to be super protected and the bonuses that capital I invested from my liquidation of the company that I worked for 21 years, now I can't work due to being sick, depression and anxiety and my money was in the bank without any profit and I agreed to invest because of the support Xtrade offers. And I have a recording from the broker where she gives me instructions to open operations where the capital was lost, for a total of 870,500 Mexican pesos. The entire week from October 19 to 27 I was in contact with her following instructions since I am not an expert in that type of investment and since the advertising was Carlos Slim. These are the amounts that were transferred through SPEI to SafetyPay. And the company that received them is ALPS INT according to the claim made to SafetyPay. 9,500.00 10/19/23 30,000.00 10/25/23 95,000.00 10/25/23 95,000.00 10/25/23 95,000.00 10/25/23 56,000.00 10/25/23 95,000.00 10/26/23 105,000.00 10/26/23 100,000.00 27 /10/23 100,000.00 10/27/23 90,000.00 10/27/23 Total 870,500.00
Xtrade's latest industry rating score is 1.68, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Xtrade If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.