XForex is a well-known retail Forex brokerage firm that started its trading journey in 2003. It offers a considerable number of financial products for trading. The broker works on its own innovative and robust trading platform-Xtrade. The minimum deposit is $100 and has a decent leverage ratio of 1:400.
Is XForex Regulated?
Forex is a well-regulated platform owned by XFR Financial Ltd., a company incorporated in Cyprus. The entity is licensed and regulated by the CySEC, its Australian branch comes under the authority of ASIC. Thus, the broker is legitimate and operates according to law.
Should You Invest With XForex?
XForex has earned a huge reputation over the years. It has maintained its stability in the market and operates with full transparency. Still, the Forex market is full of uncertainty and involves a huge amount of risk. Hence, it is advisable to be prudent while making any investment decision.
What To Do In Case You Are Scammed By XForex?
As per available information, XForex has been impressive as far now. It has received favourable feedback from investors. However, the official website is down for the time being. Unfortunately, if you have any fraud issues with XForex, reach us. We will make sure you get back your lost sum.