Xpoken Review : Fees, Pros and Cons, Reviews by Real Traders

Xpoken

Operating status: SCAM

Website: https://xpoken.com/

Broker violations and abnormal records

Apr 27, 2022 The France AMF Added Xpoken into Its Warnings
On 28 Apr 2022, the France Autorité des Marchés Financiers (AMF) issued a warning that Xpoken is not authorized to provide forex services in France. You may visit: https://www.amf-france.org/en/warnings/blacklists?page=0&key=fr.xpoken.com&conditions%5Bcategorie%5D=224

On 28 Apr 2022, the France Autorité des Marchés Financiers (AMF) issued a warning that Xpoken is not authorized to provide forex services in France. You may visit: https://www.amf-france.org/en/warnings/blacklists?page=0&key=fr.xpoken.com&conditions%5Bcategorie%5D=224
Aug 25, 2022 BrokersView has Reviewed that Xpoken is an Unregulated Forex Broker
Xpoken claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.

Xpoken also claims to be located in Saint Vincent and the Grenadines. So we seached Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found that Xpoken was registered with SVG FSA. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses, so having the registration does not mean being authorized to provide financial services.

Moreover, the France Autorité des Marchés Financiers (AMF) issued a warning that Xpoken is not authorized to provide forex services in France.

The truth is that Xpoken is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Xpoken claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Xpoken also claims to be located in Saint Vincent and the Grenadines. So we seached Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found that Xpoken was registered with SVG FSA. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses, so having the registration does not mean being authorized to provide financial services. Moreover, the France Autorité des Marchés Financiers (AMF) issued a warning that Xpoken is not authorized to provide forex services in France. The truth is that Xpoken is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Feb 22, 2023 The Belgium FSMA Added Xpoken into Its Warnings
On 23 Feb 2023, the Belgium Financial Services and Markets Authority (FSMA) issued a warning that Xpoken is a fraudulent online trading platforms that are operating in the Belgian market. You may visit: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms

On 23 Feb 2023, the Belgium Financial Services and Markets Authority (FSMA) issued a warning that Xpoken is a fraudulent online trading platforms that are operating in the Belgian market. You may visit: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms
Dec 15, 2024 The CNMV issues a warning against Xpoken
On December 16, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added Xpoken to its warning list for providing investment services without authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=rQgGAR12eWZs%2bqkGsAXQoJqsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL

On December 16, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added Xpoken to its warning list for providing investment services without authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=rQgGAR12eWZs%2bqkGsAXQoJqsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL

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