Score

1.45 /10
Danger

XY Capital

Hong Kong

2-5 years

Suspicious Regulatory License

High potential risk

B

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.57

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • 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

XY Capital · Company summary
XY Capital Basic Information
Company Name XY Capital
Headquarters Hong Kong
Regulations Not regulated
Customer Support Email (info@xycapitalgroup.com)Phone (+852-3792-0975)

Overview of XY Capital

XY Capital, based in Hong Kong, functions as a quantitative and systematic trading firm, utilizing a meticulous mathematical methodology to value securities and structure portfolios across diverse asset categories worldwide. Despite providing adaptable and accessible trading options, the absence of regulatory supervision requires careful consideration, as it exposes traders to potential risks inherent in unregulated trading environments.

Overview of XY Capital

Is XY Capital Legit?

XY Capital is not regulated. It's crucial to highlight that XY Capital operates without valid regulation, indicating its operation lacks oversight from established financial regulatory bodies. Traders must proceed with caution and acknowledge the inherent risks associated with trading through an unregulated broker. Such risks include limited avenues for dispute resolution, potential concerns regarding fund safety and security, and a lack of transparency in the broker's operations. To foster a safer and more secure trading environment, traders are encouraged to conduct thorough research and assess a broker's regulatory status before engaging in trading activities.

Pros and Cons

XY Capital offers around-the-clock support, ensuring traders have access to assistance whenever needed. However, the absence of regulatory oversight raises concerns as it exposes traders to potential risks associated with unregulated trading environments. Additionally, XY Capital lacks transparency regarding its educational resources and company policies and procedures, which may hinder traders' ability to make informed decisions. Furthermore, unclear information on available trading instruments and the trading platform adds to the challenges faced by traders, potentially leading to confusion and uncertainty.

Pros Cons
  • Provides 24/7 support
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Lack of educational resources or transparency regarding company policies and procedures
  • Unclear information on trading instruments, trading platform

Customer Support

XY Capital provides clients with support available 24 hours a day, 7 days a week.

In Hong Kong, traders can reach out via phone at +852-3792-0975 or email at info@xycapitalgroup.com. Similarly, in London, support can be contacted via phone at +44-20-3404-4321 or email at info@xycapitalgroup.com.

Customer Support

Conclusion

In conclusion, while XY Capital offers 24/7 support, the absence of regulatory oversight raises concerns for traders. Additionally, the lack of transparency regarding educational resources and company policies, along with unclear information on trading instruments and the platform, presents challenges. Traders should proceed cautiously and conduct thorough research before engaging with XY Capital to ensure a safer trading experience.

FAQs

Q: Is XY Capital regulated?

A: No, XY Capital operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: How can I contact XY Capital's customer support?

A: In Hong Kong, traders can reach out via phone at +852 3792 0975 or email at info@xycapitalgroup.com. Similarly, in London, support can be contacted via phone at +44 20 3404 4321 or email at info@xycapitalgroup.com.

Risk Warning

Trading online carries substantial risks, potentially resulting in the loss of your entire investment. It may not be suitable for all traders or investors. Please ensure you comprehend the associated risks and note that the details provided in this review could change due to ongoing updates to the company's services and policies. Moreover, the review's generation date could impact its relevance, as information may have evolved since then. Therefore, readers are encouraged to verify updated information directly with the company before making any decisions or taking action. The reader bears sole responsibility for utilizing the information provided in this review.

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FX1370920582
more than one year
XY Capital's website offers so little content that I feel the company is very disingenuous! What's worse is that I can't even find a place to open an account. Is this an investment company or not?And this company did not mention its own regulatory license, and any company involved in money and investment must have this.
XY Capital's website offers so little content that I feel the company is very disingenuous! What's worse is that I can't even find a place to open an account. Is this an investment company or not?And this company did not mention its own regulatory license, and any company involved in money and investment must have this.
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2023-03-14 13:56
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