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Xspeed -

Score

1.40 /10
Danger

Xspeed

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.xspeedfx.com

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Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away!
Previous Detection : 2025-02-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Xspeed · Company summary

Note: Xspeed' official website - https://www.xspeedfx.com is currently inaccessible normally.

Xspeed Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsCFDs on forex, popular metals, energies and commodities
Demo Account✅
Leverage/
Spread/
Trading PlatformMT5
Min Deposit/
Customer SupportTel: +852 51976649
Email: info@ttradefx.com

Xspeed, a trading name of Xspeed FOREX LTD, is allegedly a forex and commodities brokerage company registered in London with a variety of tradable assets on the industry-standard MetaTrader5 trading platforms. However, it does not provide a safe environment for their traders as they is not regulated well and their website is inaccessible.

Pros and Cons

Pros Cons
Diverse tradable assetsUnregulated status
Demo accountsInaccessible website
MT5 availableLimited transparency and safety
Limited payment options

Is Xspeed Legit?

No, Xspeed is unregulated. Besides, as of now, their website is not available so that traders have no access to learn about their transaction information. Therefore, it is not a legit broker!

No license

What Can I Trade on Xspeed?

Xspeed offers trading in CFDs on forex, popular metals, energies and commodities.

Tradable Instruments Supported
CFDs✔
Forex✔
Metals✔
Energies✔
Commodities✔
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Xspeed?

Trading Platform

Xspeed gives traders 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.

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, Linux, Mac Os, Android and iOS terminalsExperienced traders
MT4❌/Beginners

Deposit and Withdrawal

Xspeed accepts payments via bank wire transfers of HSBC, ICICI Bank, Bank of America, LLOYDS Bank, ING Bank and CHASE.

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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