ANSWER We strongly advise against any dealings with GXOTE, a trading platform that lacks the necessary licensing. It's crucial to verify a company's licenses before engaging with them.GXOTE, also known as Global Xpress Trading Expert, presents an incorporation certificate from Companies House (CH) to give the impression of legitimacy. However, CH is not a financial regulator and does not have the authority to supervise the financial market in the UK. This authority lies with the Financial Conduct Authority (FCA). A search of the FCA register reveals no matching records for GXOTE, which is a significant red flag.Given its unlicensed status, GXOTE carries the risk of fraud and identity theft. For a secure trading experience, we recommend steering clear of unlicensed platforms like GXOTE and opting for fully regulated ones instead.
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