XP Traders Review – Is Investing in Xptraders.com Safe?
About XP Traders
XP Traders, also known as XBO Trading, claims to offer financial trading services. However, its credibility is highly questionable. The platform has been flagged by regulatory authorities and exhibits several red flags that indicate it may not be a legitimate broker.
Company Name – XP Traders
XP Traders Website – https://xptraders.com/
Address – Hill Street W1J 4NQ, London, United Kingdom
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
FCA Warning and Clone Firm Alert
On March 18, 2025, the Financial Conduct Authority (FCA) issued a warning against xptraders.com, identifying it as a clone of an FCA-authorized firm. Clone firms impersonate legitimate brokers to deceive investors, making XP Traders a highly suspicious entity.
Lack of Regulation and Transparency
XP Traders operates without valid regulation, which means it does not offer legal protection for traders. Additionally, the website domain was registered in October 2024, making it a relatively new platform with no verifiable track record. The identity of the website owner is hidden on WHOIS, further adding to concerns about its legitimacy.
Trustscore and Risks
Trustscore: 1/100
- The registrar of this website is known to be popular among scammers.
- High-risk financial services or content appear to be offered.
- Numerous negative reviews have been detected.
- The website has a large number of reviews despite being newly registered.
XP Traders presents multiple warning signs that suggest it is not a trustworthy trading platform. Given its regulatory issues, lack of transparency, and identification as a clone firm, investors are strongly advised to avoid engaging with this broker.
About Scams Report
Scams Report is committed to uncovering fraudulent financial schemes and safeguarding investors. Our platform provides:
- In-depth reviews of scam brokers and deceptive trading platforms.
- Professional assistance in recovering funds lost to fraudulent activities.
- Educational tools to help users recognize and avoid scam brokers.
Through free consultations, Scams Report empowers victims to take action against unethical financial entities and reclaim control over their investments.
Our Social Pages
