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X Charter -

Score

1.27 /10
Danger

X Charter

New Zealand

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

High potential risk

https://x-chartermarkets.com

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Comparison

Quantity 41

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.14

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

X Charter (Pty) Ltd

Company Abbreviation

X Charter

Platform registered country and region

New Zealand

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2025-06-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 34 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

41 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Scam exchange

Account burned, can't withdraw money, can't place orders, can't set TP and SL

2024-07-12 21:33
Unable to Withdraw

I can't withdraw money, unreasonable fees are deducted

My account has 5000u, and in just 1 day I was deducted an overnight fee of 732u even though I only placed 4 orders totaling 0.2 lots. I wanted to withdraw money but they did not let me withdraw, the price of natural gold was up to 10 prices.

2024-06-28 17:59
Unable to Withdraw

I cannot withdraw money from the platform.

I have been using the Xcharter platform. On June 28, 2024, June 30, 2024, and July 8, 2024, I placed withdrawal requests. However, it has now been 13 days since my last request and the status is still 'pending'. Previously, I successfully withdrew money once. I kindly request assistance so that I can successfully withdraw my funds again. Thank you very much for your support.

2024-07-10 15:49
Scam

Scam exchange

I participated in the Forex market through X-Chartermarket, following the invitation of two scammers named Quốc Anh and the person referred to as the expert Nguyễn Thanh Tùng. Participating in this platform will involve trading indices (mainly Ger30, Us100), gold, oil, and international dividend-paying stocks. Due to my naivety, I lost nearly 10,000 USD here => That is the reason why I am writing this complaint to send to the platform and to let everyone be cautious of these individuals. The first time I joined with a capital of 1,000 USD, then the aforementioned individuals continuously requested an increase in capital (increasing to 3k, 5k, nearly 10k USD) and promised high profits. After several additional deposits, the total amount deposited was nearly 10,000 USD. The aforementioned individuals proposed to switch to a contract for managed trading based on the information provided by expert Tùng. CG Tùng also contributed 5,000 USD. After contributing capital for managed trading, the trades were executed based on signals from the London market. In the first afternoon of trading (on Thursday

2024-08-10 09:48
Severe Slippage

Report fraud

After placing the order, the fraudulent platform increased the swap to 1000 pips, causing my account to burn out.

2024-07-11 21:34
Scam

Add command ndt to account to burn account.

I have been an investor in X-Chater for just 1 week and I still withdrew profits in the first 4 days. However, on the fifth day after withdrawing interest and principal, two more orders were placed, resulting in a negative number in the account.

2024-07-01 02:19
Severe Slippage

Automatic Simplification Scam of Swap Fees on Exchanges

After entering the automatic simplification swap order on the exchange, while the price chart is running, the buying and selling lines do not move; instead, they become increasingly simplified, leading to an increase in negative balance. Please note that the translation provided is based on the context provided by the original text. If there are specific terms or phrases that need to be accurately translated, additional information or clarification may be required.

2024-07-01 20:53
Unable to Withdraw

Unable to withdraw money

I deposited $3,000 and made a profit of over $150,000. Then they scammed me by sending an email saying I was eligible for a lucky draw winning 20,000 Tesla shares. When I tried to make my first withdrawal, my referrer said the order wasn't clear yet so I couldn't withdraw, and in reality, they only said it verbally without sending any email notification. After that, I closed the Tesla stock position and accepted a cut loss to clear the order. The next morning when I tried to withdraw again, the platform still did not approve it, and after a day or two, they sent an email saying that I had violated trade rights by cutting losses on the stock so they wouldn't allow me to withdraw. On Sunday morning, they faked an email from Binance Group saying I was lucky to receive 10 lots of BTC and 10 lots of ETH. Then they added orders to my account themselves and set very high purchase prices causing me to stop out. Overall, this platform has too many scams; they even intervened to delete MT5 history. There is no direct support staff on the platform; communication is only through the referrer. This is a 100% scam platform.

2024-07-11 17:47
Others

Stay away from this exchange

Unable to place orders, unable to set take profit and stop loss, withdrawal not credited to account for 2 days, automatic account lock for customers, account balance becomes 0

2024-07-12 18:41
Scam

xcharter is a scam and black platform, please do not use it.

I can only withdraw money normally at the beginning, and they use various words to invite me to deposit. When I want to withdraw money, I am asked for a margin to prove that it is not arbitrage or money laundering. This is a terrible fraud group. Please give me back my hard-earned money. The page is currently closed.

2024-06-17 19:34
Unable to Withdraw

Unable to withdraw money when the account balance is positive.

Dear all! I have been trading on X-Chacter Markets for about a month. At first, when I made the initial withdrawals, it was very fast. I have been trading for almost a month, and currently my account is still positive. However, when I tried to withdraw money afterwards, it was not successful. It has been a few days, and the status is still "processing." I asked for your support, and the exchange sent me an email stating that the withdrawal request has not been approved due to the misuse of the exchange's bonus to withdraw profits. I am writing here to ask for assistance from the supervisory authorities and everyone to help me retrieve my money from the account. I sincerely hope that you can give me some advice.

2024-07-04 17:50
Others

X Charertmarket Exchange is not transparent.

I participated in the Forex market through X-Chartermarket, following the invitation of employee Quốc Anh and a person called expert Nguyễn Thanh Tùng. Participating in this platform will involve trading indices (mainly Ger30, Us100), gold, oil, and international dividend-paying stocks. Due to my naivety, I lost nearly $10,000 on this platform. That is why I am writing this complaint to send to the platform and let everyone be cautious of these individuals. The first time I joined with a capital of $1,000, then the aforementioned individuals continuously requested capital increase (increasing to $3,000, $5,000, nearly $10,000) and promised high profits. After several additional deposits, the total amount deposited was nearly $10,000. The aforementioned individuals proposed to switch to a contract for managed trading based on the information provided by expert Tùng. Tùng also contributed $5,000. After contributing capital for managed trading, the trading followed price signals from the London market. In the first afternoon of trading (Friday, June 29), Tùng gave the signal: Buy 2.0 lots of cotton, immediately losing over $5,000 due to price difference (spread); 2 sell orders for Ger30, each order with 2.0 lots (total 4.0 lots), also lost over $2,000; to balance the negative sell orders for Ger30, Tùng continued to request Buy 2 Ger30 orders, each with 2.5 lots (total 5.0 lots). At noon on July 1st, the platform suddenly withdrew the bonus money from the account (nearly $41,000) => the account was burned. At this time, Tùng's trading signals had accumulated losses of nearly $14,000 (while only contributing $5,000). In the end, I lost nearly $10,000. After the incident, the individuals continued to request an additional deposit of $2,000 + trading 10 lots of gold. They promised to support me to receive $3,000 in insurance + financial support from expert Tùng + an additional $2,000 deposit. The total amount withdrawn was $11,000. I realized that I was trapped and deceived by these individuals and decided to terminate. I suffered the pain of losing nearly $10,000. Everyone, please be extremely cautious and stay away from this platform to avoid losing money.

2024-07-06 10:20
Severe Slippage

Exchange burned, slipped 40 points

Stay away from this exchange, the price slips, 40-50 of the customer's price, candlesticks on other exchanges don't reach that price, this exchange collapses to that price, and burn the customer's account.

2024-07-15 09:53
Others

Get your money back

Xcharter automatically entered kh's command, stretching the floor 10 times = 464 spesd. Another prize draw of $1,000 requires 15 lots after 5 days of cutting without notice from the 5-day deadline, the 35% bonus is also cut by itself.. Due to sudden cutting and high stretching of the floor, the account does not liquidate.

2024-06-12 16:08
Unable to Withdraw

Cannot withdraw money

Each time a withdrawal order is made, the status "Processing" is kept and the withdrawal order is not approved. They even pretended to send an email to congratulate the investor on receiving a lucky draw prize for winning the stock, but in reality, this stock was automatically adjusted by the stock exchange at a high price and growth with heavy losses to easily burn the account. . Manually raise the gold spread to over 10 prices. Self-administering orders to buy stocks to set customers up for very heavy losses. When customers cut losses, they send an email stating that the customer violated commercial rights because they cut losses on stocks, a very unreasonable reason. In general, any withdrawal order will not be approved. And there are many other Scam acts, this XC floor has personally intervened in customer accounts. This floor has a lot of strange behavior, they have completely interfered with MT5, I have followed and recorded a lot of evidence, it is a cunning scam floor.

2024-06-30 20:44
Scam

Simple SCAM turning into CRIMINAL conduct

Let me tell a complete story about the criminal practices of the X Charter Broker. Since X Charter Broker contacted me, I had to go through five weeks of this ordeal. They lured me in, promising a great future, and gave me VIP status that included matching my deposits and low fees. They let me withdraw some money to ensure that everything works as it should. After five days of light trading, my account disappeared from their site including the MT5 Platform. My initial deposit was $18,800 with open trades that could be profitable in the two days. Not knowing what to do, I turned to the help of case. Oh boy, was I wrong? After my exposure, agents who introduced themselves unacceptable offers to reinstate my account with only $15,000. They want me to move my complaint to a different Broker which happened to have the same name but have nothing in common with the original broker. They promised me to return the money if I did what they suggested me to do.   Also, all communication on Telegram was deleted when I refused to accept. Time went by and they let me open a new account (924376) with the original balance of $18,800 with the condition to keep it for at least 15 days and make trade once a day. After that period, I have been promised, to be able to withdraw money.  At this time no favors, no matching deposits, and no defined slippage. On June 10th, I received a message that X Charter was working on an upgrade of services, and all accounts needed to be reinstated. I contacted X Charter’s Support. Designated agent Le Phuc Hoang sent me a link to the Chrome Extension application to make my account work. This link to the application could not be for an unknown reason reinstated so he had to install it by himself by using an Ultra View application. He not only installed that application but also compromised my private access to my account and resolved the case for acc.923570 without my permission. I let him know that I knew what he did but he didn't express any reaction. My account 924376 was working again so I didn’t ask more questions, just waiting for the last day of the agreement to be able to withdraw my money to the bank. Two days later June 12th, my account was terminated again including the communication. The day after breaking into my account, I received notice from my newly established trading account support about several attempts to break in. Such a coincidence? Do not ever talk to them open an account and deposit money. These criminals need to be stopped.  

2024-06-13 19:16

    News

    ExposureExposing X Charter: A Victim's Tale of Deception and Fraud

    Unsuspecting individuals can easily fall prey to the deceitful tactics of unscrupulous brokers. Among the myriad of fraudulent entities lurking in the shadows, X Charter stands as a glaring example of betrayal and deception, leaving a trail of shattered dreams and financial ruin in its wake.

    WikiFX
    2024-05-29 17:45
    Exposing X Charter: A Victim's Tale of Deception and Fraud
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    Theanh1482
    6-12months
    Tôi tham gia sàn Forex qua sàn X-Chartermarket theo chèo kéo, mời gọi của hai thằng lừa đảo là nhân viên Quốc Anh và người được gọi là chuyên gia Nguyễn Thanh Tùng Tham gia vào sàn này sẽ giao dịch chỉ số (chủ yếu Ger30, Us100); vàng, dầu, cổ phiếu quốc tế hưởng cổ tức. Vì sự nhẹ dạ, cả tin mà tôi đã mất hết số tiền gần 10.000 USD tại đây => Đó là lý do tôi viết khiếu nại này gửi đến sàn và để mọi người biết thông tin cảnh giác với các đối tượng này Lần đầu tôi tham gia với số vốn 1.000 usd, sau đó các đối tượng nêu trên liên tục yêu cầu tăng vốn (tăng lên 3k, 5k, gần 10k usd) và hứa hẹn lợi nhuận cao. Sau nhiều lần nạp thêm, tổng số tiền nạp vào gần 10.000usd Các đối tượng nêu trên đề xuất chuyển sang hợp động ủy thác đánh chuyển gia theo thông tin của chuyên gia Tùng. CG Tùng cùng góp vốn 5.000usd Sau khi góp cùng vốn để ủy thác giao dich, giao dịch chuyển giá theo tín hiệu từ sàn London. Ngay trong buổi chiều đánh chuyển giá đầu tiên (thứ
    Tôi tham gia sàn Forex qua sàn X-Chartermarket theo chèo kéo, mời gọi của hai thằng lừa đảo là nhân viên Quốc Anh và người được gọi là chuyên gia Nguyễn Thanh Tùng Tham gia vào sàn này sẽ giao dịch chỉ số (chủ yếu Ger30, Us100); vàng, dầu, cổ phiếu quốc tế hưởng cổ tức. Vì sự nhẹ dạ, cả tin mà tôi đã mất hết số tiền gần 10.000 USD tại đây => Đó là lý do tôi viết khiếu nại này gửi đến sàn và để mọi người biết thông tin cảnh giác với các đối tượng này Lần đầu tôi tham gia với số vốn 1.000 usd, sau đó các đối tượng nêu trên liên tục yêu cầu tăng vốn (tăng lên 3k, 5k, gần 10k usd) và hứa hẹn lợi nhuận cao. Sau nhiều lần nạp thêm, tổng số tiền nạp vào gần 10.000usd Các đối tượng nêu trên đề xuất chuyển sang hợp động ủy thác đánh chuyển gia theo thông tin của chuyên gia Tùng. CG Tùng cùng góp vốn 5.000usd Sau khi góp cùng vốn để ủy thác giao dich, giao dịch chuyển giá theo tín hiệu từ sàn London. Ngay trong buổi chiều đánh chuyển giá đầu tiên (thứ
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    2024-08-10 09:48
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    FX1744648357
    more than one year
    Low spreads here are great—much better than those of many big brokers I've used, like Exness and eToro. Because it gives me endless leverage, it also gives me unlimited options, which is very exciting! Also, X Charter provides amazing customer service.
    Low spreads here are great—much better than those of many big brokers I've used, like Exness and eToro. Because it gives me endless leverage, it also gives me unlimited options, which is very exciting! Also, X Charter provides amazing customer service.
    Translate to English
    2024-07-30 13:52
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