Abstract:Jole International stated that it was established in Taiwan in 2011. It is a digital financial company that offers investors a range of transactions, including foreign exchange, cryptocurrencies, international crude oil, gold, silver, and other assets. However, the platform is not regulated.
Note: XL's official website: https://www.axswykfllwww.com/ is currently inaccessible normally.
Jole International stated that it was established in Taiwan in 2011. It is a digital financial company that offers investors a range of transactions, including foreign exchange, cryptocurrencies, international crude oil, gold, silver, and other assets. However, the platform is not regulated.
XL is not regulated by any official regulatory platform. Lack of regulation means that the platform's funds and transactions are not protected or supervised by any official institution, which may expose users to trading risks.
Downsides of XL
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 was 1 piece of XL exposure in total as follows:
Exposure 1. Account issue
Classification | Account issue |
Date | 2023-03-01 |
Post Country | South Africa |
The user reported that XL is definitely a scammer broker, as the platform closed their trading account without any prior notification.
Conclusion
Overall, XL carries extremely high trading risks and is likely to be a scammer broker. It is not regulated by any platform, and its website is no longer accessible. It is advisable for users to choose other regulated platforms, as regulation can provide a certain level of assurance regarding trading safety and fund security.
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