XP Trade is an offshore broker. It offers trading in different financial assets such as CFDs on stocks, indices, cryptocurrencies, and foreign currency exchange.
Is XP Trade Legitimate?
XP Trade is supposedly based in St. Vincent and the Grenadines. The company keeps its information private with regards to its founders. However, it offers different accounts such as starter, basic, advanced, and premium over its MetaTrader4 (MT4) trading platform. The company has not been legally authorized by any financial association to conduct its trade operations.
Is It Safe To Trade With XP Trade?
XP Trade has been rated negatively by many people. They have warned against any kind of financial transactions with the company. Moreover, personal financial data is also at risk.
How To Avoid Getting Scammed By XP Trade?
In case you have been scammed by XP Trade, you can utilize the services offered by us on how to detect and avoid getting trapped in such scamming activities and also check upon funds recovery companies listed with us to recover your lost money.