In this section we will analyze EXCO (also called by the name: excotrader.com), is a broker of Forex , Cryptocurrencies y CFDs. Is EXCO really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find the following: opinions about EXCO ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2021), and the most important: Is it EXCO ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ EXCO mentions being part of: RSG Finance Ltd.
❌ Regarding your location, the company is based in St. Vincent and the Grenadines.
❌ If we analyze your fullfilment of security requirements, we observed that EXCO it does not have any type of regulation.
⚠ ATTENTION: EXCO is a broker NOT REGULATED. ⚠
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the types of account it offers EXCO, in this case, we observe that it offers 2 different types of account. We will leave you an image with more information about each type of account.
EXCO ECN: minimum initial deposit $ 10, leverage up to 1: 500, spread from 0.5 points, minimum lot 0.01, automated trading.
EXCO STP: minimum initial deposit $ 10, leverage up to 1: 500, spread from 0.5 points, minimum lot 0.01, automated trading.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that EXCO offers is: platform MetaTrader 4.
Resources | Website
We will now analyze the different resources and aids for traders that EXCO provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
EXCO provides the following aids or resources to traders or interested parties: an explanation of the markets in which it operates, calculators, tutorials, analysis, educational section, among others.
🌐 Other information about EXCO 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: excotrader.com
📞 Telephone number: + 447707334689
📧 Email: [email protected]
You may be wondering why we are reviewing EXCO. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.
Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
➡️ Rating on EXCO ⬅️
Ending with this section, in our opinion Do we believe that the company EXCO is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2021 analysis ⭐
❌ After reviewing this broker, we advise you to exercise caution, as it is a clearly established company to take money from people through deception and cheating. It is not very transparent, it is located in a well-known tax haven, it offers almost no legal information and it also lacks regulation (unregulated company). ❌
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻