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No Regulation
Score
1.57 /10
Danger
XINFX
Add brokers
Comparison
Quantity 1
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.43
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-14
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Exposure
1 pieces of exposure in total Pyramid scheme complaint
ExposeNote: XINFX's official website: https://www.xinfx.com is currently inaccessible normally.
XINFX Information
XINFX is an exchange registered in the United States in 2020. Its regulatory status is “Unauthorized by NFA,” which means it is not regulated.
Is XINFX Global Legit？
 | National Futures Association |
| Current Status | Unauthorized |
| Regulated By | United States |
| License Type | Common Financial Service License |
| License No. | 0510359 |
| Licensed Institution | HONG KONG XIN MARKET GROUP LIMITED |
XINFX does not have regulatory authorization from the National Futures Association. Trading on an unregulated platform may expose investors to risks such as unprotected funds and fraud. It is advisable for investors to choose regulated platforms.
Downsides of XINFX
- Unavailable Website:XINFX's official website is currently inaccessible, indicating extremely poor platform stability. This makes the platform unreliable.
- Lack of Transparency:The XINFX website cannot be opened, and no valid information about XINFX can be found online. This lack of transparency is unlike other brokers, making it difficult for investors to make informed decisions.
- Regulatory Concerns:XINFX is unauthorized by the National Futures Association, meaning it lacks official oversight and protection, exposing users to financial risks.
- Fraudulent Activities:Users have reported that XINFX customer managers guided them into fraudulent activities, resulting in losses of up to $70,000. Users should be very cautious about risks when trading on this platform.
Negative XINFX Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there were 1 pieces of XINFX exposure.
Exposure.Fraudulent Activities
| Classification | Fraudulent Activities |
| Date | 2018-06-11 |
| Post Country | Hong Kong |
The user reported being recruited into a group by a customer manager and subsequently joined a so-called “trading team” where they discovered it was a fraudulent activity, resulting in a loss of up to $70,000.
Conclusion
As an unregulated trading platform, XINFX carries high risks. Additionally, XINFX's website is no longer operational and shows a domain for sale message when clicked. It is recommended that investors choose other well-regulated and reputable exchanges to safeguard their investments.
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