XeroMarkets is an offshore Forex and CFD brokerage firm founded in 2017. It claims to have a solid choice of financial instruments for trading. The broker supports the widely used MT4 trading platform and has an initial minimum deposit of $10, which is extremely low compare to the industry average.
Is XeroMarkets A Licensed Broker?
XeroMarkets is an unlicensed trading platform, managed by Xero Capital Markets Ltd., a company based in St.Vincent and the Grenadines. The entity claims to be registered and regulated by the local regulator FSA. Recently, the FSA warned the entity and busted all its bogus claims. Thus, the broker operates without any valid regulations.
How Safe Is It To Invest Your Money With XeroMarkets?
XeroMarkets is a sceptical platform. It lures gullible young investors with lucrative returns on investment. The entity has extremely low credibility in the market. Hence, it is advisable to be careful while making any investment decision.
How To Recover Your Lost Money From XeroMarkets?
XeroMarkets has received mixed reviews from traders. It has also encountered many allegations related to the mismanagement of client funds. In case, if you have been victimized by the XeroMarkets, contact us. We will deliver our best efforts to retrieve your funds.