Xifra Lifestyle is an offshore broker and it is an unreliable one. Please read Xifra Lifestyle review before investing.
Website – https://xifraglobal.com/
Official Address – NA
Warned by regulating authority – Comisión Nacional del Mercado de Valores (Spain)
Xifra Lifestyle is an MLM company that claims that they create the opportunity to grow financially and professionally by providing technological tools and financial education to improve people’s quality of life. The company is located in Mexico, and the website can be found at xifralifrstyle.com (inactive) and xifraglobal.com. Xifra Lifestyle pretends as a legit and trustworthy broker but in reality, it is a Ponzi scheme, and it might be involved in scams. Read a complete Xifra Lifestyle Review to know more about this broker.
Xifra Lifestyle Review: Regulated License
Checking the regulated license of a broker is necessary if you want to invest money in a trading platform. A regulated license shows whether a broker is legit or not for providing trading services in their country. If the broker doesn’t have a regulated license from an authorized authority, that means you are dealing with a scam broker. We suggest you always check the cryptocurrency scams list or forex scams list before investing money in a trading platform. Xifra Global is a potential scam broker that offers trading services globally without any regulated license. A public warning also issued against this broker, which indicates that they are involved in scam activity.
Xifra Lifestyle Review: Warnings
Xifra Lifestyle got a warning from the regulatory authority of Spain – ComisiónNacionaldel Mercado de Valores (CNMV). This warning shows that Xifra Lifestyle is providing trading services without any regulated license, and it’s a high possibility that they are a scam broker.
How does the Xifra Lifestyle scam work?
If you are searching for a trading platform online, means you are an easy target for scam brokers. To begin with, scammers can reach you through different mediums like online advertisements, social media, calls, or email. After that, they ask you to invest money with them. If once you start trading with them, their demand will increase day by day for more money to invest.
But when you want to withdraw your money, you will realize that you were cheated by scam brokers, or you are a victim of a cryptocurrency scam, forex scam, investment scam, or other online scams. We advise you to always check the broker’s regulated license on the regulator’s site before investing money with them, otherwise, you will lose your hard-earned money.
Xifra Lifestyle Review and Rating
In our investigation, we find many negative Xifra Lifestyle negative reviews and poor ratings on all other sites. They also got a low trust score from the traders. After reading this review and all the negative and positive Xifra Lifestyle reviews, Scams Report found that this broker is not legit and might be a potential scam broker.
We examined Xifra Lifestyle broker online and found that this broker might be involved in scams. Hence we included this broker in our list of scam brokers 2022.
Xifra Lifestyle Review: Conclusion
We found that this broker is not safe for trading. If you are a victim of Xifra Lifestyle scam or any other scam, fill out a complaint form on the Scams Report website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery. Precaution is better than cure. Before investing, stay alert, and read reviews on different channels, after it is your hard-earned money.
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