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IndianXM
Operating status: SCAM
Website: https://www.indianxm.com/
Broker violations and abnormal records
IndianXM does not appear to be a legitimate broker.
Firstly, the maintenance of IndianXM's website is questionable. There is an unusual blank space on its homepage, and the links provided on its website, such as "Contact" and "About", are non-functional.
Secondly, this broker purports to be registered with the Seychelles Financial Services Authority (Seychelles FSA). However, we have been unable to locate any corresponding records on the Seychelles FSA Securities Dealer Register to validate these claims. This suggests that the regulatory information provided by IndianXM is false.
In essence, IndianXM is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
IndianXM appears to be a scam.
IndianXM does not appear to be a legitimate broker.Firstly, the maintenance of IndianXM's website is questionable. There is an unusual blank space on its homepage, and the links provided on its website, such as "Contact" and "About", are non-functional.Secondly, this broker purports to be registered with the Seychelles Financial Services Authority (Seychelles FSA). However, we have been unable to locate any corresponding records on the Seychelles FSA Securities Dealer Register to validate these claims. This suggests that the regulatory information provided by IndianXM is false.In essence, IndianXM is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.IndianXM appears to be a scam.
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