In this section we will analyze the broker XenitFX (also called by the name: xenitfx.com), is a Forex and CFD broker. Is XenitFX 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 XenitFX ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it XenitFX ⚠️ 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?
✅ XenitFX mentions being part of: Arlear Inc OU and Octa Markets.
❌ Regarding your location, the broker mentions being based on Estonia y San Vicente y las Grenadines.
❌ If we analyze the broker regulation, do not mention nothing about being a regulated broker or its regulation.
⛔ ATTENTION: XenitFX 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
If now we go on to analyze account types offered by XenitFX, we noticed that it offers 3 different types of accounts: Micro Account, Pro Account and ECN Account. We will leave you an image with a little information about each type of account.
Micro Account: minimum initial deposit of $ 100, floating spread from 0.4 pips / fixed from 2 pips, leverage up to 1: 500 (Forex), 1: 200 (Metals), 1:50 (Indices), 1: 2 (Cryptocurrencies), minimum lot 0.01, market execution, hedging and scalping allowed, expert advice, among others.
Pro Account: minimum initial deposit of $ 500, floating spread from 0.2 pips, leverage up to 1: 200 (Forex), 1: 100 (Metals), 1:50 (Indices), 1: 2 (Cryptocurrencies), minimum lot 0.01, market execution, hedging and scalping allowed, expert advice, among others.
ECN account: minimum initial deposit of $ 100, floating spread from 0 pips, leverage up to 1: 500 (Forex), 1: 200 (Metals), minimum lot 0.01, market execution, hedging and scalping allowed, expert advice, among others.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that XenitFX offers are: MT4 platform for Micro account, MT5 for PRO account and cTrader for ECN account.
Resources | Website
We will now analyze the different resources and aids for the trader that XenitFX 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.
XenitFX provides the following aids or resources to traders or interested parties: educational section, referral bonuses, a guide to understanding the operation of the page, really not much more than this.
🌐 Other information about XenitFX 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: xenitfx.com
📞 Telephone number+34 691 370 613
📧 Email: contact from the form on the website.
You might be wondering why we did a review on XenitFX. 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 XenitFX ⬅️
Ending with this section, in our opinion Do we believe that the company XenitFX is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2022 analysis ⭐
❌ After analyzing it, we recommend being cautious, since it is a broker that is not regulated and is located in countries that are very dangerous for this type of actions, in addition, when looking for reviews about XenitFX we find many that are negative and warn about it broker. ❌
(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 properly 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. 🔻🔻