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XTrade Plus
Operating status: SCAM
Website: https://xtradeplus.com/
Broker violations and abnormal records
On August 21, 2024, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning about XTrade Plus, refuting the company's claim of being regulated by them. https://fsaseychelles.sc/media-corner/regulatory-updates/scam-alert-xtrade-13574840-and-sd212
On August 21, 2024, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning about XTrade Plus, refuting the company's claim of being regulated by them. https://fsaseychelles.sc/media-corner/regulatory-updates/scam-alert-xtrade-13574840-and-sd212In the website footer, XTrade Plus claims to be authorized by the Seychelles Financial Services Authority (Seychelles FSA). However, the Seychelles FSA has issued a warning, stating that this claim is false and that XTrade Plus is neither authorized nor regulated by them.
In essence, XTrade Plus 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.
XTrade Plus appears to be a scam.
In the website footer, XTrade Plus claims to be authorized by the Seychelles Financial Services Authority (Seychelles FSA). However, the Seychelles FSA has issued a warning, stating that this claim is false and that XTrade Plus is neither authorized nor regulated by them.In essence, XTrade Plus 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.XTrade Plus appears to be a scam.BrokersView found that the domain "xtradeplus.com" is 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.
BrokersView found that the domain "xtradeplus.com" is 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.
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