Beware! XPinvestment is an offshore broker! Your investment may be at risk.

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XPinvestment wants us to believe that it represents an award-winning forex broker operating in one of the world’s leading financial centers. While the website appears credible at first glance, even a basic inspection reveals a lack of important information and contradictions. In this review, we’ll show you why it’s not in your best interest to trust your money to this shady broker and point you towards more trustworthy alternatives.

XPinvestment Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
XPinvestment
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

On XPinvestment’s home page, we don’t find any identifying information – no company name or contact address is listed. In the text of the Terms and Conditions we see an incomplete UK contact address, but the document does not mention a company name and does not provide information on a regulatory licence.

When you visit the website of a legitimate broker you can expect to find clear and detailed information about the company that owns and operates it, where it is based and what regulatory regimes it is subject to.

To operate in the UK, a broker needs a licence from the Financial Conduct Authority. However, there is no licensed broker using the XPinvestment trading name and domain on the register of this regulator.

Another European financial regulator, Germany’s BaFin, has issued a warning against XPinvestment.

Under no circumstances should you trust your money to such anonymous websites full of false and contradictory information. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK. As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK.

XPinvestment Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
XPinvestment platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

After account registration we get access to web-based trading software. While this platform has the basic functionality to place orders, it cannot compare to the capabilities provided by MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

It should be noted that the presence of some kind of trading software is no guarantee that this is a genuine broker. Financial scammers often use rigged trading platforms to fool their victims that their money is actually being invested. However, this trading is entirely fictitious and the money goes directly into the scammers’ pockets.

XPinvestment Trading instruments

CurrencyStocksIndicesCryptoCommodities
XPinvestment
XMYesYesYesNoYes
FP MarketsYesYesYesYesYes
Octaxxxxx

XPinvestment ‘s trading software includes instruments from all major asset classes, including cryptocurrencies. But brokers who do operate legally in the UK are not allowed to offer crypto derivatives trading. So this is further proof that XPinvestment is not what it claims to be.

XPinvestment Spreads and cost of trading

XPinvestmentXMFP MarketsOcta
Spread EURUSD0.20.61.20.9
Spread GBPUSD0.21.31.5x
Spread USDJPY0.21.31.5x

XPinvestment promises spreads close to zero, and in the trading platform we really see levels of 0.2 pips. But such a raw spread means that the broker has to charge some kind of commission. But XPinvestment provides no information on the amount of this commission.

XPinvestment Maximum leverage

ForexStocksCryptoGoldIndices
XPinvestment2000:1100:110:1100:1100:1
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

In the web site we see three different versions for the maximum leverage – 1:200, 1:500 and 1:2000. In all three cases, these are levels that are significantly higher than those allowed to regulated brokers.

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders. The FCA, like EU regulators, limits leverage to 1:30 for trading in major currency pairs and even lower levels for more volatile assets.

If you are willing to take the risk of trading with high leverage and benefit from bonuses and promotions, the best option is to invest through an offshore division of an established brand.

XPinvestment Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Credit cardInstant24 hoursFree
Crypto24 hours24 hoursFee depends on crypto

In XPinvestment’s deposit menu we see a choice between cryptocurrencies and some obscure payment processors.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

XPinvestment Minimum deposit

XPinvestmentXMFP MarketsOcta
Minimum deposit$10$5$100$100

XPinvestmen requires a minimum deposit of just 10 USD/EUR. This should not tempt you because some of the industry’s leading brands also offer starter trading accounts with a very low minimum deposit.

XPinvestment Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
XPinvestmentNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

XPinvestment does not specify extraordinary conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.

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