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Operating status: SCAM
Website: http://www.xtrfxhk.com/index.html
On 19 Aug 2022, the Hongkong Securities And Futures Commission (SFC) issued a warning that XTR is an unlicensed broker. You may visit: https://www.sfc.hk/TC/alert-list/2860
XTR claims to be a licensed broker under the regulation of "FSA" in the UK, with license number 220929. However, the forex regulator in the UK is the United Kingdom Financial Conduct Authority (UK FCA).
We searched the number in UK FCA but found a company named SVS Securities Plc which has no connection with XTR.
Moreover, the Hongkong Securities And Futures Commission (SFC) issued a warning that XTR is an unlicensed broker.
The truth is that XTR 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 "http://www.xtrfxhk.com/index.html" 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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