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The WikiFX Score of this broker is reduced because of too many complaints!

XSpot Wealth

Cyprus|5-10 years|
Regulated in Cyprus|Straight Through Processing(STP)|MT4/5 full license|Regional Brokers|United Kingdom European Authorized Representative (EEA) Revoked|High potential risk|

https://xspotwealth.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
XSpot-DEMO MT4
Server Location France

Contact

+357 25 571044
support@xspot.markets
https://xspotwealth.com/en/
Spyrou Kyprianou Ave 61, Limassol 4003, Cyprus
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 25 571044

Broker Information

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Company Name

XSpot Wealth (EU) Ltd

Company Abbreviation

XSpot Wealth

Platform registered country and region

Cyprus

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Pyramid scheme complaint

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WikiFX Risk Alerts 4
Previous Detection : 2023-11-29
  • The number of the complaints received by WikiFX have reached 39 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • United KingdomFCA (license number: 655426) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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    XSpot Wealth · Company Summary

    General Information & Regulation

    XSpot Wealth (EU) Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission licence no. 235/14 and registered at the BaFin (Germany) under reference no. 141183 and at REGAFI (France) under reference no. 59120. XSpot Wealth (EU) Ltd. has its office at 68 Spyrou Kyprianou, Kato Polemedia, 4154 Limassol, Cyprus. This website and domain is owned and managed by XSpot Wealth (EU) Ltd.

    Access over 13,000 instruments, across all asset classes, from a single cross-collateralised account and hold and deposit funds in 18 currencies.

    Market Instruments

    Investment products available at XSpot includes , Stocks; Diversify your portfolio with 9000+ stocks from 20+ exchanges around the world, all with the XSPOT PRO Platform. ETFs, Bonds and Funds; mutual funds, alternative funds and Hedge Funds, all in one Platform.

    Accounts & Leverage

    This broker offers 3 different accounts, Private account, Professional account and Corporate account.

    Experienced traders can open an XSpot account as an elective professional. Professional traders are not subject to regulatory product interventions intended for less experienced traders.

    You may be eligible as a Professional client if you meet at least two of the following:

    A financial portfolio* exceeding €500,000

    Placed 10 relevant trades in significant sizes over the last four quarters

    Worked, or have worked, in the financial sector for at least 1 year

    Professionals can incur losses exceeding deposits. Read below about the changes to client protection.

    Spreads & Commissions

    Trade on the industrys tightest spreads and lowest commissions from our Pro pricing tier and get the best market rates.

    Trading Platform Available

    Gain fast and secure access from your mobile, tablet, or PC to global financial markets with their advanced trading technology, the broker uses XSpot PRO available for both versions as their trading platform.

    Deposit & Withdrawal

    Depositing funds into your account to invest with is quick and easy. Simply choose the currency and the bank you desire ,they accepted wire Transfer only as the current reviews showed

    Customer Service

    XSpot customer service team can be contacted through email or phone. World class support service from a team of well-trained professionals. Ready to assist from live chat, email or phone

    phone: +357 25 571044

    phone: +30 216 000 3860

    email: support@xspotwealth.com

    User Reviews

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    User comment

    3

    Comments

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    Maden123
    0-3months
    In 2021, their license was revoked by the FCA because they ran away with money. Now that they have obtained a license plate from Cyprus again, deceiving traders again. They are such dishonest brokers, with no concept of time and no spirit of contract. I just brag firstly and disappear lastly.
    2023-11-09 10:18
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    0
    0
    逐梦人
    more than one year
    XSpot Wealth's website looks great and professional, but I've seen a lot of people online saying they've been scammed out of money. This is really scary! I am grateful for victims who share their experiences, which allows us to avoid risks. Hope they can get their money back as soon as possible.
    2023-03-20 18:17
    Reply
    0
    0
    FX1313551230
    more than one year
    XSpot Wealth is a total scammer and I am a victim of their forex scam just like many others! Please don't trade here, I don't know why this scam company still seems to be working...
    2023-03-07 18:32
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    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;+44-7517747077
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