Abstract:XTM was registered on Aug 8, 2022 in Belize. Its legal status is skeptical due to its unregulated status. Additionally, an inaccessible website makes the situation worse.
Note: XTM's official website: https://xtmtrading.com/ is currently inaccessible normally.
XTM was registered on Aug 8, 2022 in Belize. Its legal status is skeptical due to its unregulated status. Additionally, an inaccessible website makes the situation worse.
You can contact with the broker by email: contact@xbmtrading.com and telephone: +48 222 739 976.
XTM currently operates without any valid regulatory oversight. The absence of regulation put investor funds at significant risks as there is no guarantee that the company adheres to the industry standards of customer protection.
XTM' official site is currently unavailable. It is possibly a signal that this broker has absconded. If you have fund on your account, you may not have way to withdraw. No reliable broker will behave like this.
There's not even a piece of useful information available through the Internet either for this broker.
The absence of regulatory supervision indicates less customer protections and compliance to industry standards of the broker.
In summary, we don't recommend to use XTM for investment due to its unregulated status, inaccessible website, less abundant customer service channels and complete lack of transparency. You should choose regulated brokers who operate under regulatory compliance and clear transparency to ensure the safety of your funds.
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