XYZ Review – Is xyz.com scam or safe?

XYZ Review – Is xyz.com scam or safe?

 

Company: XYZ Ltd.

XYZ Ltd is registered in Marshal Islands, an offshore jurisdiction known for lack of financial regulation. XYZ Ltd is not authorized to provide CFD trading / forex trading / investment services in United States or anywhere else. It operates are several websites with questionable reputation. Click here to find out more.

Each broker presented in US have to be an NFA member and registered with CFTC.

The regulations in USA are quite heavy, compared to other domains. The capital adequacy requirement state Forex brokers have to provide minimum 20 million USD in paid-up capital to get a US license. Also clients’ funds should be kept in segregated accounts, making it impossible for brokers to misuse the capital for daily expenses.

The restrictions on Forex trading in USA includes a maximum allowed ratio of 1:50. Clients are also limited by the FIFO rule (first in, first out), meaning traders have to close their positions consequently. Hedging is also disallowed, which some traders might find restricting.

Test showing the user country is: United States

XYZ Address: 123 xxxxxxxx, yyyyyyyyyyy, zzzzzzzzzzzz.

There are plenty of offshore companies/brokers registered there. Click here to find out some of them.

Website: xyz.com, registered on 12.12.2020.
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zyx.com zxy.com yxz.com[/block] [fca warning for uk/cysec warning for eu] [Chargeback-iframe]

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