Xone Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-05 18:33

Abstract：Xone is an unregulated brokerage company registered in China. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

　　Note: Xone's official website: https://www.xonedenverspreandtraingcenter.com/is currently inaccessible normally.

Xone Information

　　Xone is an unregulated brokerage company registered in China. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

Is Xone Legit？

　　Xone currently does not hold any valid regulatory certificates. Although it is incorporated in China, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Downsides of Xone

Unavailable Website

　　Xone's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

Lack of Transparency

　　There is a notable lack of information about Xone available online. This lack of transparency can really dampen investors' enthusiasm.

Regulatory Concerns

　　Xone is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Negative Xone 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 is one piece of Xone exposure in total.

　　Exposure 1. Internet fraud

Classification	Scam
Date	January 10, 2022
Post Country	Taiwan

　　The user said that: “Internet fraud. This website has already been removed. Inducing fraud.”. You may visit: https://www.wikifx.com/en/comments/detail/202201106342528293.html

Conclusion

　　Lack of transparency is a huge barrier for beginning traders. Xone is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.