Traderknows reminds investors that Xsharesmarketing is a forex broker whose official website was registered on August 23, 2023. This broker primarily provides users with a variety of trading markets through its proprietary trading platform and mobile application, including forex, stocks, indices, energy, metals, cryptocurrencies, and ETF contracts for difference (CFDs).
Corporate registration and regulatory status:
The official website of Xsharesmarketing does not disclose its corporate entity registration and regulatory information. Verification based on its provided contact address "20 Great Eastern St, London, UK" revealed no registration information for this broker at the UK Companies House, and the Financial Conduct Authority (FCA) in the UK indicated that this broker is not authorized by the FCA.
Account opening:
To open an account with Xsharesmarketing: visit the broker's official website, click on "SIGN UP FOR FREE" on the homepage or "SIGN UP" at the top right corner to enter the account registration page. Fill in personal information such as name and email address, set a login password, and submit. Once the application is submitted, the account is successfully registered.
Trading plans:
Xsharesmarketing offers four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment amount: $500
- Maximum investment amount: $4,999
- Return on investment: 6.50%
- Overnight interest every three days
- Trading period: 21 days
- Double bonus daily
- Instant trading options: Copy trading/trading robots
- Demo trading available
- Senior broker provided
BASIC:
- Minimum investment amount: $5,000
- Maximum investment amount: $9,999
- Return on investment: 10.50%
- Overnight interest every three days
- Trading period: 21 days
- Bonus sent via e-wallet
- Instant trading options: Copy trading/trading robots
- Demo trading available
- Basic broker provided
PRO:
- Minimum investment amount: $10,000
- Maximum investment amount: $49,999
- Return on investment: 15.50%
- Weekly overnight interest
- Trading period: 1 month
- Exclusive daily bonus
- Instant trading options: Copy trading/trading robots
- Demo trading available
- Professional broker provided
EXECUTIVE:
- Minimum investment amount: $50,000
- Maximum investment amount: $100,000
- Return on investment: 20.30%
- Weekly overnight interest
- Trading period: 1 month
- Advanced daily bonus
- Instant trading options: Copy trading/API keys
- Demo trading available
- Executive broker (expert) provided
Trading platform:
Xsharesmarketing provides a proprietary trading platform, but the actual download link is not provided on the broker's official website, showing only an icon. It's not possible to access the relevant page, and trading can only be done through the web-based platform on the official website.
Deposits and withdrawals:
Xsharesmarketing supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows warns investors that Xsharesmarketing is an unregulated scam platform. The design and content of this broker's official website are identical to those of brokers such as Top Elite Market, Global Market Gains, Exchange New Trade, Prime Tradex Market, Elite Stratton, and Stockmarketopts. Traderknows advises investors to choose brokers with transparent information, strong regulation, and a good reputation for their investment activities to avoid unnecessary loss of assets.
Currently, this broker is marked as a "slaughter plate" on Traderknows.
