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XPATFX-Some important Details about This Broker

WikiFX | 2022-06-22 18:07

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

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!

Broker Dealer Currency Pair Forex trading

Related broker

Website：https://xpatfx.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.52

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