Summary:
XPO states that it has been providing digital investment services in Forex, CFDs, and Cryptocurrencies since 2016. But this review of XPO explains why investors need to be careful. XPO isn’t regulated and is a cause of concern regarding transparency, security, and the authenticity of its services.
Website – https://xpo.ru/
Website Working – Yes
Address – Dmitrovskoe sh.., 100, s2 Moscow, Russia, 127247
Regulated – No
Blacklisted By Any Regulatory – No
Domain Blacklisted – It seems there is no direct mention of this domain being on a blacklist.
What is XPO?
XPO is a Belizean online marketplace. Through its mobile app, it promises to make trading easy, particularly about digital currencies and forex. The simplicity of its sign-up process frequently draws in new investors.
Is XPO Legit?
1. No Regulation
- The Belize Financial Services Commission (IFSC) does not have XPO on file.
- There is no governing body that can safeguard investor funds in the absence of regulation.
2. No Reliable Trading Site
- Neither MetaTrader nor a trustworthy online trading platform are provided by XPO.
- For trading, users are forced to rely on the mobile app, which has limited security and functionality.
3. Unclear Fees
- The website’s fees page also does not give any clear indication of fees or commissions.
- Numerous users indicated that there were surprise fees and trouble in withdrawing their earnings.
4. Negative User Experience
- There have been reports of delayed times in withdrawals and accounts being shut down without explanation.
Red Flags to Consider
- Unregulated
- No transparent trading platform
- Hidden fees and surprise charges
- No reliable user reviews or third-party testing
XPO Review Conclusion
This XPO review illustrates that the platform is not properly regulated, transparent, or secured for trading instruments. Investors are firmly advised to remain vigilant and opt for a broker who is regulated by a trusted authority. It is always better to trade with companies under the oversight of trusted regulators and maintain a clean history of user satisfaction.
If you believe that you have lost money with XPO, seek the advice of financial experts and report it to the authorities.
Need Help With XPO? LegalCertifi Can Support You!
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