Is XZDL GLOBAL legitimate?

Company Name: XZDL GLOBAL

Regulation: Unregulated

Domain name: xdzlglobal.com

Domain Registration Date: 2023-03-12

Trading Scope: Forex, Stocks, Futures, Indices, Precious Metals, Energy, and Options CFD Products

Deposit and Withdrawal Methods: Wire transfer, debit/credit card, online payment, and more

Spread Service: Stable and competitive spreads

Commission: None

Trading Platform: FX6

Download Method: Windows, iOS, Android

Customer Service: Supports multilingual customer service

Email: info@xzdlglobal.email

Supported Languages: English/Traditional Chinese

How to register an XZDL GLOBAL account?

1. New users click the register button
2. Enter an email address
3. Fill in the verification code, invitation code and set a password
4. Registration successful, you can log in with your username and password

Quick understanding of XZDL GLOBAL

XZDL GLOBAL is a forex broker that provides various trading services to users through the FX6 online platform. The XZDL GLOBAL platform has a fully automatic EA intelligent trading system and complete order types, while also providing a variety of international technical indicators and analysis tools. Additionally, the platform features hedging and lock-up functions, covering a trading scope that includes Forex, Stocks, Futures, Indices, Precious Metals, Energy, and Options CFDs to meet the needs of different investors.

How to trade with XZDL GLOBAL?

1. Registration: Activate a genuine user account
2. Activation: Submit relevant materials
3. Login: XZDL GLOBAL platform
4. Trading: Display a variety of product trades

If you do not have a demo or real account with XZDL GLOBAL, you can first register a demo FX6 platform account. The company sends login information and a platform download link to users through email.

Advantages and Disadvantages

Advantages:

XZDL GLOBAL has numerous advantages. The company offers a variety of CFD trading options, including popular Forex, Precious Metals, Energy, and Indices. This enables investors to easily trade globally with the touch of a finger. Furthermore, XZDL GLOBAL has reached 100,000 trading accounts and offers services in 73 countries. The company has won numerous international awards, demonstrating the recognized quality of its services. The customer support team provides multilingual support, ensuring that customers receive the help they need. Most importantly, XZDL GLOBAL has a strict broker management system.

Disadvantages:

The disadvantages of XZDL GLOBAL are quite evident. XZDL GLOBAL claims to hold regulatory licenses from multiple countries, but has not disclosed specific issuing authorities, leading to a lack of regulatory transparency. Additionally, the company's establishment date is relatively recent, with the official website domain name registered only on March 12, 2023. As of August 16, 2023, the website has only been registered for five months. The mobile trading platform download links provided by XZDL GLOBAL have been tested and found to be inoperable, potentially affecting the user’s trading experience. Given these disadvantages, investors should pay particular attention to protecting their own financial safety to avoid falling into potential telecommunication fraud traps.

Is XZDL GLOBAL legitimate or a scam?

XZDL GLOBAL is an unregulated forex broker, meaning it lacks oversight and regulation from financial regulatory authorities. Investors have significant doubts about its legality and credibility.

Regulation plays a crucial role in the financial industry, not only ensuring market fairness and transparency but also providing investor confidence. XZDL GLOBAL has not received regulatory approval from entities such as the UK's FCA, increasing the risks and uncertainties associated with being unregulated.

It is strongly recommended that investors choose forex brokers that are well-regarded and regulated, in order to protect their financial safety more effectively.

Trading Tools

XZDL GLOBAL offers a wide range of trading choices, including Forex, Stocks, Futures, Indices, Precious Metals, Energy, and Options CFD products. Thanks to extremely low spreads and high-speed order execution, investors can trade over 70 forex currency pairs CFD products on this platform. In addition, it supports trading in Brent and WTI crude oil as well as other spot energy CFD products for a diversified investment portfolio. The platform also offers CFD products of well-known indices from Europe, America, Asia, and Africa.

Trading Platform

FX6 is an online trading terminal provided by XZDL GLOBAL as a trading tool. By using XZDL GLOBAL, on the FX6 trading platform, you can directly trade more than 90 types of forex and CFD products, including versions for Windows FX6 and Mobile FX6. The platform features an intuitive user interface and highly customizable functionality, allowing users to customize their trading strategy programs and offering a wealth of charts and a large number of technical indicators to understand market trends and seize trading opportunities. Additionally, the FX6 platform supports MQL language functions for creating Expert Advisor (EA) smart trading system programs.

Spread and Commission

XZDL GLOBAL offers competitive low spreads without requiring a commission. To achieve this, XZDL GLOBAL actively develops market technology and establishes a deep liquidity network with bank trading partners, ensuring customers receive stable and transparent low spreads as well as high-quality trade execution. The company's FX6 platform adopts a 5 decimal pricing system, making the spreads more precise.

Deposit and Withdrawal Methods

XZDL GLOBAL offers multiple deposit and withdrawal methods, including wire transfer, debit/credit card, and online payment, among others. When depositing funds, the company immediately places these funds into one or multiple accounts opened with central banks, credit institutions, third-party authorized banks, or qualified money market funds, marked as "client accounts". This is done to ensure the independence of customer funds from the company's funds.

Customer Support

XZDL GLOBAL provides customer support with a multilingual customer service team and assigns dedicated account managers to clients. For any issues related to the FX6 platform or the trading process, all-day help and support are available.

By sending an email to info@xzdlglobal.email, investors can receive email responses from the customer support team, obtaining solutions or guidance for trading and other issues.

Educational Resources

The educational resources of XZDL GLOBAL include explanations of industry terminologies (from A to P) arranged alphabetically. This function is designed to continuously update terms relevant to the industry, helping investors better understand industry knowledge. By accessing these terms, investors can obtain financial terminology, understand concepts of investment and wealth management, improve their level of financial knowledge, and gain in-depth information about financial products and services, risk management, and more.

Risk Warning

Trading forex on margin carries a high level of risk, which may not be suitable for all investors. High-risk trading could lead to the loss of part or all of the invested funds. Therefore, before deciding to trade forex, one should carefully consider one's financial situation and risk tolerance.

Conclusion

XZDL GLOBAL is a brokerage offering a variety of CFD products, claiming to provide stable and competitive spreads without any commission. However, it is noteworthy that although XZDL GLOBAL claims to have regulatory licenses from multiple countries, it has not disclosed specific issuing authorities, leading to issues of regulatory transparency. Therefore, before using XZDL GLOBAL, investors should cautiously weigh the pros and cons, making informed decisions to ensure the safety of their personal assets.