Score

1.37 /10
Danger

XL

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.90

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

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • 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

XL · Company summary

Note: XL's official website: https://www.axswykfllwww.com/ is currently inaccessible normally.

XL Information

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 Information

Is XL Global Legit?

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.

Is XL Global Legit?

Downsides of XL

  • Unavailable WebsiteXL's official website is currently inaccessible, indicating high information risk and a lack of stability for financial activities on this platform.
  • Lack of TransparencyThere is a notable lack of information about XL available online. Missing details about deposit and withdrawal processes, commissions, etc., make it difficult for investors to make informed decisions.
  • Regulatory ConcernsXL is not regulated by any platform, which could lead to various investment risks, such as fraudulent activities and fund misappropriation.
  • Account Issue ReportedSome users have reported that their accounts were forcibly closed by the platform, indicating high account risk.

Negative XL Reviews on WikiFX

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:

Negative XL Reviews on WikiFX

Exposure 1. Account issue

ClassificationAccount issue
Date2023-03-01
Post CountrySouth 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.

User Reviews

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User comment

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Comments

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autonia
more than one year
This XL, definitely a scammer broker. They said that I cannot use expert advisor, and then forcefully close my trading account without giving me any reasonable explanation.
This XL, definitely a scammer broker. They said that I cannot use expert advisor, and then forcefully close my trading account without giving me any reasonable explanation.
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2023-03-01 10:26
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FX1182795717
more than one year
如果不想被騙錢的話,請趕快遠離這些沒有牌照的交易商! 他們宣傳的一切都不是真的,甜言蜜語只是為了騙你的錢罷了。 前車之鑒! 不希望再有人被騙了!
如果不想被騙錢的話,請趕快遠離這些沒有牌照的交易商! 他們宣傳的一切都不是真的,甜言蜜語只是為了騙你的錢罷了。 前車之鑒! 不希望再有人被騙了!
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2022-12-15 16:31
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