✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Xifra Group. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Xifra Group and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitemyxifralifestyle.com or bitrane.com
🏠 Company*XIFRA BUSINESS GROUP SAPI DE CV
RegulatoryNot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 DirectionMexico

⚠️ Xifra Group is owned by XIFRA BUSINESS GROUP SAPI DE CV, the company is located in Mexico, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the account types offered by the Xifra group, in this case, we note that it does not offer account types.

Information on the web

Xifra Group website

Xifra Group provides the following aids or resources to traders or interested parties: just a little information about the services they offer, really not much more than this.

More information about Xifra Group 

A visitor to our website sent us an email with a wealth of information about Xifra and about pre-Xifra companies where Xifra leaders were also involved.

This person, who wishes to remain anonymous, has asked us to share this information with you, in addition to linking previous people and companies to Xifra, he sends us important information about financial regulators, basically that Xifra has already been denounced by 6 financial regulators from different parties of the world.

information about XIFRA

Information about Xifra
information about XIFRA
information about XIFRA
information about XIFRA
information about XIFRA

We repeat that we believe that Xifra is an unreliable and unreliable company, it is best not to invest money or time with this type of company, to keep your eyes open. You can find even more information about Xifra in this section, in the comments section, the person who has left a comment with the name “information about XIFRA”.

List of phone numbers

+52 833 156 2577

+52 771-569-0622 (Whatsapp)

🚫 Final valuation of Xifra Group 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Xifra Group.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Xifra Group:

Date Update – news
November 2020Complaint against Xifra Group of financial regulator CNMV.
July 2021Complaint against Xifra Group of Peruvian financial regulator SBS.
June 2022Complaint against Xifra Group of financial regulator CNMV.
We have received messages from clients assuring that Xifra Group is linked to SwitchCapital y Smart Business Corp, these 3 companies operate from the same building located in Zapopan, Mexico. WE SUGGEST CAUTION.
The Xifra Group company is linked to weweA company with a bad reputation.
Xifra Group is closely linked to Smart + y Smart Business Corp, companies accused of defrauding their customers and with several complaints.

User Reviews

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What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Xifra Group.

At the end of the review you will find customer comments.


How to Claim Money scammed by Xifra Group

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Xifra Group

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Xifra Group?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Xifra Group a scam – is it a scam?

Yes. We believe that Xifra Group is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Xifra Group trustworthy?

No. Xifra Group is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Xifra Group?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Xifra Group?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

33 comments on «Is Xifra Group a scam? Opinions of 2023»

  1. information about XIFRA Reply

    Xifra like other companies, are run by the same thieves of all life. Jonathan Yemelian Sifuentes Saucedo and George Goodman are the ringleaders, I suspect they are the owners, known for xifra-type companies that after a while disappear with all the funds and suddenly stop paying.

    They already carry warnings from different financial regulators:

    1) Canadian regulator https://lautorite.qc.ca/en/general-public/fraud-prevention/illegal-on-line-trading-platforms/warning-list-of-websites-and-companies-that-solicit-investors-illegally ,
    2) Regulator of Colombia ( https://www.superfinanciera.gov.co/inicio/sala-de-prensa/advertencias-y-medidas-administrativas-por-ejercicio-ilegal-de-actividad-financiera/actividad-no-autorizada-10097509 ),
    3) Regulator of Spain ( https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=xifra ),
    4) Regulator of Mexico ( https://www.gob.mx/cnbv/articulos/cnbv-informa-que-la-empresa-xifra-business-group-s-a-p-i-de-c-v-no-cuenta-con-autorizacion-para-captar-recursos-del-publico-en-general?idiom=es ),
    5) Regulator of Panama ( https://supervalores.gob.pa/comunicado-publico-xifras-mercados-financieros/ ),
    6) Regulator of Peru ( https://www.sbs.gob.pe/noticia/detallenoticia/idnoticia/2559 ).

    If they still want to work with these thieves, there are names that are repeated. Other people who are also involved in the scam are: Jim Harstad, Frank Valencia, Francisco “Paco” Morales, George Goodman, Sergio Peñuñuri.

    These people have also been part of the following scams: ICOMTECH, MTCOIN, INSTATRADEX, INSTACRYPTO, Axxion Club, Coinspace, Nowmining, Human Evolution Tech, and obviously Xifra. I have also privately sent you a pdf with more information.

    • Recommended Brokers Reply

      Hello, thank you for this important information. For years we have been warning that it is a PYRAMIDAL OR PONZI SCHEME scam, you can see how the Federal Police of Mexico is behind them and at any moment everyone is going to run out of money, claim the entirety as soon as possible (Read News). Thanks for asking about Xifra. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      They have already been denounced by international financial regulators such as the CNMV (Financial Regulator of Spain) (see CNMV link) and also by the SBS (Financial Regulator of Peru) (see SBS link). Also by the regulators of Panama , Colombia and Canada

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. Justice Reply

    Hello everyone, the police finally fell to these scammers, ask EVERYONE for withdrawal, I don't know if they will be in time to recover all their money, but ASK FOR IT NOW !!!
    See that what I say is true, on the prestigious website COINTELEGRAPH they have published this article:

    https://es.cointelegraph.com/news/investor-company-that-operates-with-bitcoin-is-under-investigation-by-order-of-the-federal-deputy-of-mexico

    The federal police are on them and they will all fall !!!!!!!

    • Recommended Brokers Reply

      Hello Justiciero, for years we have been warning that it is a PYRAMIDAL OR PONZI SCHEME scam, you can see how the Federal Police of Mexico is behind them and at any moment everyone is going to run out of money, claim the entirety as soon as possible (Read News). Thanks for asking about Xifra. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      They have already been denounced by international financial regulators such as the CNMV (Financial Regulator of Spain) (see CNMV link) and also by the SBS (Financial Regulator of Peru) (see SBS link).

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Recommended Brokers Reply

      Hello ATTENTION, it is a PYRAMIDAL OR PONZI SCHEME scam. Thanks for asking about Xifra. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      They have already been denounced by international financial regulators such as the CNMV (Financial Regulator of Spain) (see CNMV link) and also by the SBS (Financial Regulator of Peru) (see SBS link).

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

  3. Cesar Hernandez Reply

    I would like to know how I can withdraw my money from this Xifra company, could you tell me how to do it? My country is Mexico and the truth is that I was already afraid of having my investment there!

    • Recommended Brokers Reply

      Hello César, the first thing is to ask Xifra to give you back all the money and the second is to see if they give it to you or they start making excuses for a bad payer. If you do not get your money back, to get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  4. Cesar Hernandez Reply

    Hi there! I read your comments and I am afraid of having invested in numbers, I would like to know if there is any way to recoup the investment here in my country, Mexico? Thanks!

    • Recommended Brokers Reply

      Hello César, the first thing is to ask Xifra to give you back all the money and the second is to see if they give it to you or they start making excuses for a bad payer. If you do not get your money back, to get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  5. amairani Reply

    So could you give us your opinion that where is it safe to invest?

    • Recommended Brokers Reply

      Hello amairani, the most recommended is that they have a solid regulation, European or USA.

      Greetings.

  6. Wilmer Reply

    Thanks for the information. I would like to know in which company would it be safe to capitalize my money and why?

  7. rene poma Reply

    I'm in xifra but I don't know how to get my investment, help who knows

  8. Jenny Ibanez Becerra Reply

    Good afternoon! I would like to put my opinion about Xifra to sleep as I am an investor in this company. I am not making a network simply by investing and I receive every day my commissions that I can take out twice a week. The truth is that I have read so many negative things that I did not dare, but one of my best friends from childhood has been in Xifra for 7 months, she showed me her earnings and I decided to take a risk. After seeing how my investments are going I am super happy and I assure you that IT IS NOT A SCAM.

    • Recommended Brokers Reply

      Hi Jenny, I don't like to say it but this type of PONZI type scams use people like you who to value an investment say that they spoke with a family member or a brother or whatever and how they did it because that is already the law and you You pull down the cliff too People like you take advantage of these scammers, ignorant people who do not waste time in learning a little or reading about the most famous PONZI schemes and thus realize where they are getting. A clear example is Bernard Madoff who for many years was deceiving banks and even created and managed investment funds and all the results were fictitious, in the end he ended up in jail and investors lost billions of dollars.
      I do not expect that everyone can have the intellectual capacity to read and inform themselves a little.

      Greetings.

  9. Xavier Reply

    Due to my experience with xifra group I can assure you that it is a pyramid scam and everything they invest they will lose.

    • Recommended Brokers Reply

      Hi Xavier, thank you for sharing your experience with Xifra Group, this broker is a SCAM, it is a PONZI-type SCAM, they use your own money to pay the supposed benefits and in the end YOU WILL LOSE EVERYTHING and they WILL NOT RETURN IT TO YOU and later when you ask your money back nobody pays attention to you or they block you.

      If you want other options in the meantime, check out this link: https://brokersrecomendados.com/brokers-recomendados-2021/

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

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