XPATFX Spreads, leverage, minimum deposit Revealed

　　General Information

　　XPATFX is an offshore broker owned and operated by GF Markets LLC that is a company incorporated in St. Vincent and the Grenadines (SVG).

　　Regulatory Controversy

　　SVG has turned into a true safe haven for scammers in recent years because of the fact that its local financial authority does not regulate forex brokers. The broker also says to be operating in Nigeria, and there, the local Nigerian Securities and Exchange Commission (SEC) also does not regulate forex and CFD brokers.

　　Leverage

　　The maximum leverage at XPATFX was up to 1:400. Leverage amplifies potential profits, but it also immensely boosts risks.

　　Trading Platform

　　XPATFX supports the MetaTrader 4 (MT4) platform which is available for desktop as well as mobile versions. Also, it offers the XPATFX web trader.

　　Payment Methods

　　XPATFXs clients are offered the following payment methods: Credit cards (Visa and MasterCard accepted), Neteller, Skrill, Bitcoin, PerfectMoney and Paysafecard.

　　Risk Warning

　　As of now, the website of XPATFX (https://xpatfx.com/) is not available. We can only find some fragmentary information on the Internet, and most of them are negative reviews. We assume that the broker might be closed or run away. Please be aware of the risk!