On 19 March 2024, the Cyprus Securities and Exchange Commission (CySEC) issued a warning that xbmkfx.com was providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=bc404704-b901-4ff7-bb4b-9ce3d6d81b4e

According to its website, it claims that it is regulated by Cyprus Securities and Exchange Commission (CySEC) (regulatory number is 391/20), but after inquiry, we found that the company matching the number is "Redpine Capital Limited", which is obviously that xbmkfx.com has stolen the compliance the company's information, and deliberately using other entity's names and similar logos, actually have nothing to do with the real XBMarkets and licensed companies. What is even more noteworthy is that the Cyprus Securities and Exchange Commission (CySEC) issued a warning that xbmkfx.com was providing financial services or products without authorisation.

The truth is that xbmkfx.com is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

xbmkfx.com is a scam.

The original website xbmkfx.com has been disabled, and the operators have emerged with a new domain name xbmkforex.com. The Cyprus Securities and Exchange Commission (CySEC) has noticed this development and added the new site to its warning list. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=e704d979-e447-41af-b100-c5b7ca398ebe

BrokersView found that the domains "https://xbmkfx.com/index.html; https://xbmkforex.com/index.html" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.