X Charter

X Charter (Pty) Ltd (hereinafter referred to as X Charter) is a financial services company that specializes in offering a wide range of trading options to global clients, including foreign exchange, precious metals, commodities, and index CFDs. The company provides an efficient and convenient trading environment through its support for the MT5 trading platform. However, the company's registration time and address are unclear. Currently, the official website of X Charter (Pty) Ltd is: https://www.x-charter.com/

The Corporate Background of X Charter:

As a financial services company, X Charter's official website domain was registered on September 27, 2023, marking the company's formal launch in the financial service sector. Although the specific corporate entity registration information has not been explicitly disclosed, X Charter claims to be regulated by the FSCA (Financial Sector Conduct Authority) of South Africa and holds an FSP license number 53197, providing a certain degree of legitimacy and credibility to its operations.

Regulatory Information of X Charter:

X Charter claims to be regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, with an FSP license number 53197. The FSCA is an authoritative body responsible for regulating financial service providers, aiming to protect investors' interests and ensure market fairness and transparency. Companies regulated by the FSCA are usually required to adhere to strict financial and operational standards.

Account Opening Process of X Charter:

To become a client of X Charter, one must first visit its official website and click the "Register" button in the top right corner to start the registration process. During registration, potential clients are required to fill out basic information including email, password, and telephone number. After completing these steps, users can successfully create an account and participate in trading.

Trading Products of X Charter:

X Charter offers a diverse range of financial products for investors to trade, including, but not limited to:

Forex: Trading opportunities include a variety of major currency pairs, such as EUR/USD, GBP/USD, and USD/JPY, among others.

Precious Metals: Trading opportunities cover metals like gold, silver, and platinum.

Commodities: Includes trading in energy products like crude oil and natural gas.

Indices: Provides access to major global indices, such as S&P 500, FTSE 100, and Germany's DAX 30, among others.

The Trading Platform of X Charter:

X Charter offers the MT5 trading software, supporting versions for Windows, iOS, and Android.

The Deposit and Withdrawal Process of X Charter:

X Charter's official website offers five payment methods for depositing and withdrawing funds, also indicating information about deposit, withdrawal, and processing times.

Customer Support of X Charter:

Customer support email (support@x-charter.com) and phone number (+27 87 012 6177)

Conclusion:

X Charter is dedicated to meeting the needs of various investors. However, X Charter's registration information is vague. As potential clients, conducting thorough investigation and understanding before making any investments to ensure the platform's legality and reputation is still very necessary. Currently, X Charter is listed as "Suspected Fraud" on TraderKnows.