✔️ Information reviewed and updated in September 2024 by Eduardo López
IS Xcite RELIABLE? REVIEWS
In this review, I am going to examine Xcite. Is it the broker for stocks, forex, commodities, indices and cryptocurrencies Xcite (with website thexcite.com) really reliable? Is it safe to invest your money with this company? I will proceed to analyze this entity in depth.
I will explain to you why I consider Xcite to be an UNSAFE company AND I SEE IT AS UNRELIABLE. BE CAREFUL WITH THIS TYPE OF COMPANIES!
ℹ️ BROKER DATA:
There are two important aspects to take into account: (1) the regulation of the company and (2) its location. These two factors are crucial to evaluate the seriousness and trustworthiness of a company.
Is the company unregulated or regulated in an untrustworthy country? Is its location uncertain or not even mentioned? These are fundamental questions that every investor should ask themselves to evaluate the trustworthiness of the company.
| Details | About the company |
|---|---|
| (I.e. Company | Tiebreak Solutions Ltd |
| ???? Location | Not specified |
| 📄 Attend the event | Not specified |
| 🛡️ Regulatory | Not specified |
| ️ ️ Phone | Not available |
| Not available | |
| 🌐 Website | thexcite.com |
| 🕑 Website creation date | July 14, 2022 (very recent) |
| ???? Live Chat | Yes |
| 💳 Payment methods | Not specified |
| ❓ Company type | Broker for stocks, forex, commodities, indices and cryptocurrencies |
📞 LIST OF PHONE NUMBERS:
The company does not provide any telephone contact number. The lack of contact information is concerning. It is not usual.
💰 DEPOSITS AND ACCOUNTS:
Xcite does not offer different types of accounts.
🌐 WEBSITE:
Below, I present the company website and a brief analysis:
- Domain age: The website “thexcite.com” was registered on July 14, 2022, indicating that it is a relatively new site. 🚩
- As mentioned above, the company is not regulated, which suggests that it could be an unregulated entity. 🚩
- The site mentions the company, but I have not found information about “Tiebreak Solutions Ltd” in corporate records. This may indicate that the company is not real. 🚩
⭐ Xcite Review:
After evaluating the company, here are my conclusions:
1) The location of the company is not mentioned. This represents a clear lack of transparency with essential information to evaluate the security of the company.
2) There is no indication about the regulation of the company, suggesting that it is unregulated.
3) The company seems to be very new. The domain “thexcite.com” was registered on July 14, 2022, which indicates little history.
4) The company has a poor reputation online, with several customer complaints.
5) The company claims to generate high profitability, which is so exaggerated as to be doubtful.
6) Based on the information available, the company appears to be linked to other fraudulent companies.
“Honestly, I would not invest in this company - it is not regulated and claims to be part of Tiebreak Solutions Ltd, which appears to be a fake company. I cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE Xcite?:
The domain “thexcite.com” was registered on July 14, 2022, suggesting that the website is relatively new. This lack of seniority can be a sign of instability or lack of experience in the market, increasing the risk for potential investors.
Although the site mentions “Tiebreak Solutions Ltd” as the company behind Xcite, no information about this entity has been found in official corporate records. This indicates the possibility that the company is not real, raising serious questions about its legitimacy and trustworthiness. Furthermore, the lack of information about the company's regulation suggests that it may not be subject to any regulatory control, adding an additional level of risk.
The company does not provide details about its location, reflecting a notable lack of transparency in information crucial to assessing its security. The combination of a negative online reputation, with several customer complaints, and the promise of high profitability that seems exaggerated, contributes to an overall perception of distrust. In short, Xcite appears to be linked to fraudulent practices and should be avoided by those looking for safe and regulated investment options.
📣 LATEST UPDATES:
1) Update 2024: According to the latest information, the trading platform is associated with brokers that have a very negative reputation and numerous complaints, such as: zenstox.com, prostoxfx.com and finansero.com. It is crucial that you be very careful with them!
2) Update 2024: Recent information indicates that the broker has connections with disreputable companies with many complaints, such as Financier, Warren Bowie & Smith, A3 Trading. We strongly recommend that you avoid these brokers!
✔️ CLAIM MONEY FROM Xcite:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT Xcite:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Xcite is an investment broker in stocks, forex, commodities, indices and cryptocurrencies.
From my perspective, yes it is. I have strong beliefs that Xcite is involved in fraudulent activities. I base this statement on multiple disturbing aspects of the company, including unfavorable reports and unethical business behavior that have been pointed out by users and industry experts. I highly recommend staying away from any type of business relationship with this organization due to the high degree of risk associated.
From my point of view, Xcite does not seem like a safe option. There are worrying aspects that indicate a lack of integrity and transparency on the part of the company. It is essential to carefully evaluate the risks before any involvement with it.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .
They are forcing me to decide to invest with them, I am afraid, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.
Hello David, Xcite is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.