Abstract:XINFX is an exchange registered in the United States in 2020. Its regulatory status is "Unauthorized by NFA," which means it is not regulated.
Note: XINFX's official website: https://www.xinfx.com is currently inaccessible normally.
XINFX is an exchange registered in the United States in 2020. Its regulatory status is “Unauthorized by NFA,” which means it is not regulated.
National Futures Association | |
Current Status | Unauthorized |
Regulated By | United States |
License Type | Common Financial Service License |
License No. | 0510359 |
Licensed Institution | HONG KONG XIN MARKET GROUP LIMITED |
XINFX does not have regulatory authorization from the National Futures Association. Trading on an unregulated platform may expose investors to risks such as unprotected funds and fraud. It is advisable for investors to choose regulated platforms.
Downsides of XINFX
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 were 1 pieces of XINFX exposure.
Exposure.Fraudulent Activities
Classification | Fraudulent Activities |
Date | 2018-06-11 |
Post Country | Hong Kong |
The user reported being recruited into a group by a customer manager and subsequently joined a so-called “trading team” where they discovered it was a fraudulent activity, resulting in a loss of up to $70,000.
As an unregulated trading platform, XINFX carries high risks. Additionally, XINFX's website is no longer operational and shows a domain for sale message when clicked. It is recommended that investors choose other well-regulated and reputable exchanges to safeguard their investments.
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