Score

1.40 /10
Danger

Xspeed

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.12

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Xspeed · Company summary

General Information & Regulation

Xspeed, a trading name of Xspeed FOREX LTD, is allegedly a forex and commodities brokerage company registered in London, providing both retail and institutional clients with a variety of tradable assets on the industry-standard MetaTrader5 trading platforms, a trading robot, as well as some other trading services and facilities.

Market Instruments

Xspeed advertises that it offers access to four asset classes in financial markets, including CFDs on forex, popular metals, energies and commodities.

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Trading Platform Available

When it comes to trading platforms available, Xspeed gives traders the worlds most widely-used MetaTrader5 trading platform, available on Windows, Linux, Mac Os, Android and iOS terminals. MT5 is fast, user-friendly and flexible, built in a convenient and user-friendly format and contains all advanced tools for trading including technical analysis tools, advanced trading orders and many possibilities for customizing charts. While with the MT5 mobile app, trading can be done from anywhere and at any time through the right mobile terminals including Android and iOS.

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Deposit & Withdrawal

From the logos shown at the foot of the home page on Xspeeds official website, we understand that this broker seems to work with bank wire transfers of HSBC, ICICI Bank, Bank of America, LLOYDS Bank, ING Bank and CHASE.

Customer Support

You can only get in touch with Xspeed by live chat. However, this broker doesnt disclose other more direct contact information like telephone numbers, email and the company address that most brokers offer.

User Reviews

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欢乐马77776
more than one year
I trade with this Xspeed one year ago, and it was largely ok. I made two profits, a total of $ 887, and it took 4 days to withdraw this money. Their customer support was averagely responsive, and you were able to contact them if you had any trading-related issues. I gave it four stars.
I trade with this Xspeed one year ago, and it was largely ok. I made two profits, a total of $ 887, and it took 4 days to withdraw this money. Their customer support was averagely responsive, and you were able to contact them if you had any trading-related issues. I gave it four stars.
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2022-12-05 17:03
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FX1082756141
more than one year
Avoid Xspeed! They are scammers! Only the first withdrawal was successful, after which it was either rejected outright or ignored. Now they've shut down the site... I know I will never get my money back...
Avoid Xspeed! They are scammers! Only the first withdrawal was successful, after which it was either rejected outright or ignored. Now they've shut down the site... I know I will never get my money back...
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2022-12-05 16:19
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