Score

1.43 /10
Danger

XTM

Belize

2-5 years

Suspicious Regulatory License

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.36

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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Broker Information

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Company Name

XTM International Limited

Company Abbreviation

XTM

Platform registered country and region

Belize

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • 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

XTM · Company summary

Note: XTM's official website: https://xtmtrading.com/ is currently inaccessible normally.

XTM Information

XTM

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.

Is XTM Legit?

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.

No license

Downsides of XTM

  • Unavailable Website

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.

  • Complete Lack of Transparency

There's not even a piece of useful information available through the Internet either for this broker.

  • No Regulations

The absence of regulatory supervision indicates less customer protections and compliance to industry standards of the broker.

Conclusion

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.

News

NewsXTM Issues Cease Trade Order Announcement

XTM Inc. announces an FFCTO issued by the OSC due to missing financial filings. Efforts are underway to resolve this and resume normal trading.

WikiFX
2024-07-08 14:32
XTM Issues Cease Trade Order Announcement

User Reviews

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User comment

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Comments

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杨大仙
more than one year
I used to trade with XTM two years ago, and their services like deposit, withdrawal and customer support were of next level. However, one thing that dissatisfied me was that their account manager is kinda rude and impatient.
I used to trade with XTM two years ago, and their services like deposit, withdrawal and customer support were of next level. However, one thing that dissatisfied me was that their account manager is kinda rude and impatient.
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2023-03-13 10:18
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