Score
5-10 years Regulated in Cyprus
Straight Through Processing(STP)
MT4/5 full license
Regional Brokers
United Kingdom European Authorized Representative (EEA) Revoked
High potential risk
Influence
E
Score
License Index0.00
Business Index7.71
Risk Management Index0.00
Software Index6.91
Regulatory Index0.00
Influence
E
Single Core
1G
40G
English
+357 22 030402
More
Company Name
X Spot Markets (EU) Ltd
Company Abbreviation
XSpot
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
Fake data.
Unable to withdraw. Induce ue to deposit funds step by step.
Deliberately not withdraw the money, withdraw funds on April 9th,and you will not be accounted until April 12th, just to contact the customer service, pay the deposit, play routines, follow the book will not be accounted, fake platform,
They adopted a deceptive method that made me see their high profits, and then deceived me into depositing more money by claiming violation of rules, payment of margins or taxes, increased commissions at the time of settlement, On the X Spot Markets website, I have noticed a few times when there was a sudden abnormal phenomenon of sharp rise and fall curve that has caused serious slippage of their software.
Unable to withdraw
Unable to withdraw. The account that you transfer money to all personal accounts. Do not be cheated.
Now they tell me that the bank card number does not exist. Obviously there are bank card information in the account, they are lying. I hope that the relevant departments will crack down on such gangs so that more people will not be deceived.
Unable to withdraw money, kept requesting deposit for various reasons, the first time I was told to accumulate my profits to 750,000 to be able to withdraw after doing that, they asked to make another deposit in order to withdraw, tech and got principal back early this month along with the profits made on the account. X Spot Markets stopped replying to emails and would have left me stranded if it were completely up to them.
Unable to withdraw. Induce u to top up more
Can't withdraw funds. Serious fraud, still under supervision, all SCAM. This kind of broker should be closed
They make it impossible for you to withdraw by modifying your online details in the background and making it seem like you submitted the wrong information. They constantly asked for fees in order to unfreeze my account.X Spot Markets claimed zero risk but it was all lies from the onset.
Everyone needs to recognize X Spot Markets as the liars they are and not be fooled! when consulting them, be sure to keep a record of transactions and conversations. Unable to withdraw initially like i was, customers have been urged to write to financialrecovery.tech for a refund. X Spot Markets let you profit, then let you lose money again and again and again, tormenting you by inch. And you will lose all the money in the end without noticing the scam.
Wake up. This is a scam. You are unable to withdraw funds.
I recommend that every victim should save their chatting history and call the police. Maybe we can’t recover our money but we can avoid more people being cheated!
I OPENED AN ACCOUNT AND TRANSFER TO MY MANAGER WITH 15,000EUR BUT NEVER USED THE MONEY. ON THE 7TH OF DECEMBER OF 2019 I REQUESTED THE WITHDRAWAL OF THE TOTAL AMOUNT BUT NEVER GOT MY MONEY BACK. THE ORDER IS STILL PROCESSING. I SENT SEVERAL EMAILS AND SPOKE TO SEVERAL AGENTS AND STILL DON'T HAVE AN EXPLANATION. MY ACCOUNT NUMBER IS 21032693.
I was introduced by a friend to open an account and deposit an accumulated 48,500 U.S. dollars in order to make a trade transaction. They ran up and made a loss, and then made a lot of profit after that, then I asked to withdraw but I started noticing bulk of loss trades in my account. On the morning of October 11th, I could not open the platform account so I contacted them, they said that my account had violated the rules and they had to freeze my principal for 3 months. Now that three months have passed, the platform still didn’t give me any withdrawals on the grounds of the illegal account . X Spot Markets stopped replying their emails after some time and would have left me stranded.
