XR-Chain Limited is a CFD broker whose domain was registered on January 2, 2024. This broker primarily offers investment services in markets such as forex, digital currencies, precious metals, commodities, and funds for retail and institutional clients. It does not provide services to countries or regions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
Public information on XR-Chain Limited's (xrchainlimited.com) official website indicates that its services are regulated by financial regulatory authorities under New Zealand jurisdiction. However, its terms of service page indicates that any litigation arising from its website terms should be conducted in a court located in Australia, and only in an Australian court. Clicking the "View Cert" link at the bottom of its homepage shows that the broker is registered in the UK with the company registration number 06467886.
Upon investigation, no registration information was found for XR-Chain Limited in the New Zealand Companies Register, the New Zealand Financial Service Providers Register, or the UK Financial Conduct Authority (FCA). The UK Companies House shows that the company with registration number 06467886 is NOVIA FINANCIAL PLC.
Therefore, XR-Chain Limited (xrchainlimited.com) is actually a fraudulent broker site that misuses other company registration information and is unregulated.
Account Opening Process
To open a trading account with XR-Chain Limited: Go to the broker's official website, click "REGISTER NOW" on the homepage or "Join Now" at the top right to enter the account registration page. Fill in personal information like name and email, set a login password, and submit it. After account verification, registration will be successful.
Trading Plans
XR-Chain Limited offers users three different investment packages: Basic Plan, Premium Plan, and Executive Plan.
Basic Plan:
- Trading Period: 10 days
- Minimum Deposit: $100
- Maximum Deposit: $4,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2%
Premium Plan:
- Trading Period: 10 days
- Minimum Deposit: $5,000
- Maximum Deposit: $14,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2.6%
Executive Plan:
- Trading Period: 10 days
- Minimum Deposit: $15,000
- Maximum Deposit: No Limit
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 3%
Trading Platform:
XR-Chain Limited offers users a self-developed trading platform but does not provide detailed information about it, and it is limited to web-based operations.
Deposits and Withdrawals:
XR-Chain Limited supports deposits and withdrawals through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that XR-Chain Limited is a fraudulent broker that deceives investors under the guise of high returns, as this broker actually lacks any regulation. It is recommended that investors choose brokers with transparency, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
