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XTB Coin Trading

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Operating status: SCAM

Website: https://xtb-trade.co.uk/

Broker violations and abnormal records
  • 2022-12-13 The UK FCA Warns that XTB Coin Trading is a Clone Firm

    On 14 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that XTB Coin Trading was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/xtb-coin-trading-clone-fca-authorised-firm


    On 14 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that XTB Coin Trading was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/xtb-coin-trading-clone-fca-authorised-firm
  • 2022-12-15 BrokersView has Reviewed that XTB Coin Trading is an Unregulated Forex Broker

    XTB Coin Trading claims to be owned by XTB International Limited (XTB), a company regulated by Belize Financial Services Commission (Belize FSC or IFSC). We searched IFSC and found the company. However, the approved website was "https://xtb.com" in stead of "https://xtb-trade.co.uk/". That means the broker is not regulated by IFSC. 

    Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that XTB Coin Trading was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.

    The truth is that XTB Coin Trading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    XTB Coin Trading claims to be owned by XTB International Limited (XTB), a company regulated by Belize Financial Services Commission (Belize FSC or IFSC). We searched IFSC and found the company. However, the approved website was "https://xtb.com" in stead of "https://xtb-trade.co.uk/". That means the broker is not regulated by IFSC. Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that XTB Coin Trading was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.The truth is that XTB Coin Trading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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