✔️ Information reviewed and updated in March 2024 by Eduardo López

IS XM Defi RELIABLE? OPINIONS

In this post I will analyze XM Defi. Is the XM Defi forex, CFDs, stocks, commodities, indices and cryptocurrencies platform (with xmdeficotd.net website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think XM Defi is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressNot mentioned
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone numberDoes not have
📧 Email Address[email protected]
🌐 Websitexmdeficotd.net
???? Live ChatNo
💳 Payment methodsNot mentioned
Company typeforex platform, CFDs, stocks, raw materials, indices and cryptocurrencies

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.


💰 DEPOSITS AND ACCOUNTS:

XM Defi does not offer different types of accounts.


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

XM Defi website
  • Age of the website: the domain “xmdeficotd.net” was registered on November 12, 2023. That is, it is a website that is not very old. 🚩
  • The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩
  • As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩

⭐ XM Defi OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company does not mention its location. Here I can notice a very clear lack of transparency with key information that I should know in order to be able to evaluate the security of the company.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “xmdeficotd.net” was registered on November 12, 2023. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE XM Defi?:

XM Defi, recently established on November 12, 2023, arouses distrust due to its short history in the financial market. This lack of track record can generate uncertainty among potential investors, who could doubt the stability and legitimacy of the platform. The absence of an established track record raises questions about the reliability of XM Defi as an investment platform.

Furthermore, the lack of information regarding the location of XM Defi is another significant cause for concern. Transparency about the location of an investment platform is essential to evaluate its legitimacy and security. The lack of clarity in this regard makes it difficult for investors to research and make informed decisions, which increases the risks associated with investing in this platform.

The recent age, lack of location information, and reporting of fraudulent activities by regulator FCA highlight the unreliable nature of XM Defi as an investment platform. Investors are strongly advised to stay away from this platform and look for safer and established alternatives in the financial market.


📣 LATEST UPDATES:

1) Update January 2024: la FCA, UK Financial Authority, has reported XM Defi.


✔️ CLAIM MONEY FROM XM Defi:

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.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT XM Defi:

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:

What is XM Defi?

XMDeficoTD is an online trading platform that allows investors to access and trade various financial instruments, including forex, stocks, commodities, indices and cryptocurrencies. This could include the opportunity to invest in the foreign exchange market (forex) and trade Contracts for Difference (CFDs) or other financial instruments. Additionally, it provides educational resources and analysis tools to help investors make informed decisions and improve their financial knowledge.

Is XM Defi a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is XM Defi reliable?

XM Defi is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from XM Defi?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

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.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (374 votes)

2 comments on «IS XM Defi RELIABLE? OPINIONS»

  1. Ava Reply

    This company IS SCAM!!! FRAUD!. They scammed my wife, don't fall into the trap, I know you'll thank me.

    • reliableforexbroker.com Reply

      Hello Ava, XM Defi 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.

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