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Operating status: SCAM
Website: https://xtblatam.com/
On 2 Mar 2022, the Belize Financial Services Commission (Belize FSC) issued a warning that XTB LATAM is not licensed under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize. You may visit: https://www.belizefsc.org.bz/warning-notice-xtb-online-tading/
XTB LATAM claims to be a regulated forex broker under the regulation of the Belize Financial Services Commission (Belize FSC).
We searched the Belize FSC but only found a warning. The regulator issued a warning that XTB LATAM is not licensed under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize.
The truth is that XTB LATAM 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.
BrokersView found the domain "https://xtblatam.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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