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XPO

Russia|1-2 years|
Suspicious Scope of Business|High potential risk|

https://xpo.ru/en/

Website

Rating Index

Contact

+7 991 855-90-00
hello@xpo.ru
https://xpo.ru/en/
Dmitrovskoe sh., 100, s2 Moscow, Russia, 127247

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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XPO · Company Summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

XPO Review Summary
Founded 2016
Registered Country/Region Russia
Regulation No regulation
Market Instruments Forex, CFDs, cryptocurrency
Demo Account N/A
Leverage N/A
Customer Support email, telephone, online messaging

What is XPO?

XPO is a brokerage firm that offers a wide range of trading instruments across various asset classes, including cryptocurrencies, forex, and contracts for difference (CFDs). They provide traders and investors with opportunities to participate in the dynamic financial markets and potentially profit from price movements in different assets.

XPO‘s home page

We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.

Pros & Cons

Pros Cons
• Diverse trading instruments • Lack of regulation
• Multiple contact ways • Lack of transparency

XPO Alternative Brokers

There are many alternative brokers to XPO depending on the specific needs and preferences of the trader. Some popular options include:

  • FXTM - ForexTime (FXTM) provides a variety of account types, educational materials, and analysis tools. It offers competitive trading conditions and a range of instruments to trade.

  • Ally Invest - A reputable broker providing competitive pricing, a robust trading platform, and valuable educational resources, making it a strong choice for self-directed investors.

  • Merrill Edge - A trusted broker backed by Bank of America, offering a seamless integration with banking services, making it convenient for clients looking for a combined investment and banking experience.

Is XPO Safe or Scam?

Determining the safety or legitimacy of a brokerage firm like XPO requires considering various factors, including its regulatory status, reputation, and customer feedback. However, based on the information provided, it is important to note that XPO is mentioned as a brokerage firm without valid regulation.

In summary, the absence of valid regulation for XPO raises concerns about its safety and legitimacy. It is recommended to exercise caution and consider alternative regulated brokerage firms to ensure the safety of your investments and trading activities.

Market Instruments

XPO is a brokerage firm that offers a diverse range of trading instruments across various asset classes, including cryptocurrencies, forex, and contracts for difference (CFDs). Here's a brief summary of each of these market instruments:

  • Cryptocurrency: XPO allows you to trade popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others. Cryptocurrencies are digital or virtual currencies that use cryptography for secure transactions and operate independently of any central authority. They are known for their high volatility and potential for significant price movements.

    • Cryptocurrency
  • Forex (Foreign Exchange): XPO provides access to the forex market, where you can trade different currency pairs. Forex trading involves buying one currency while simultaneously selling another, with the aim of profiting from the fluctuations in exchange rates between the two currencies. Major currency pairs include EUR/USD, GBP/USD, and USD/JPY, among others.

  • CFDs (Contracts for Difference): XPO offers trading in CFDs, which are derivative instruments that allow you to speculate on the price movements of various underlying assets without owning the actual asset. CFDs are available on a wide range of markets, such as stocks, indices, commodities, and bonds. By trading CFDs, you can profit from both rising and falling markets.

CFDs

Customer Service

XPO offers customer service through multiple channels, including telephone, email, and online messaging. Here's a brief description of customer service provided by XPO:

  • Telephone: XPO provides customer support via telephone, and the number you mentioned (+7 991855-90-00) appears to be the contact number for reaching their customer service team. By calling this number, you can directly speak to a customer service representative who can assist you with your inquiries, account-related questions, trading issues, or any other concerns you may have.

  • Email: XPO also accepts customer inquiries and support requests via email. The email address you provided (hello@xpo.ru) is the designated email for contacting their customer service team. You can send an email detailing your query or concern, and a representative from XPO will respond to your message accordingly.

  • Online Messaging: XPO likely offers an online messaging platform, such as live chat or instant messaging, for customer support. Through this channel, you can engage in real-time conversations with a customer service representative directly on their website or trading platform.

  • Address: Xeno Portfolio LLC Dmitrovskoe sh., 100, s2 Moscow, Russia, 127247

contact details

Conclusion

In conclusion, XPO is a brokerage firm that offers a diverse range of trading instruments, including cryptocurrencies, forex, and CFDs. However, it is important to note that XPO currently lacks valid regulation, which raises concerns regarding the level of oversight and protection for customers. Regulation plays a crucial role in the financial industry, ensuring adherence to standards and guidelines that protect customer funds and promote fair practices. Engaging with a regulated broker is generally considered safer, as it provides an added level of confidence and accountability. It is advisable to exercise caution and consider alternative regulated brokerage firms to ensure the safety of your investments and trading activities. Thorough research, including assessing reputation and customer feedback, is essential in making an informed decision about the suitability and reliability of XPO as a brokerage provider.

Frequently Asked Questions (FAQs)

Q1: What trading instruments does XPO offer?

A1: XPO offers a variety of trading instruments, including cryptocurrencies, forex, and contracts for difference (CFDs).

Q2: Is XPO a regulated brokerage firm?

A2: No, currently XPO lacks valid regulation.

Broker Information

Company Name

Xeno Portfolio LLC

Company Abbreviation

XPO

Regulatory Status

No Regulation

Platform registered country and region

Russia

Company website
Phone of the company
  • +7 991 855-90-00

Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • Dmitrovskoe sh., 100, s2 Moscow, Russia, 127247

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • hello@xpo.ru

Company Summary

User Reviews

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User comment

4

Comments

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FX1655402577
more than one year
Withdrawals are great. I also noticed a comment about closing trades and getting different profit values. Moreover, the platform kept hanging, and they closed my trades twice without reaching the stop-loss, yet they claimed the stop-loss had been hit. Complaints only resulted in a $3 refund. I'm not sure if it's because they see me as a novice trader.
2024-03-22 17:56
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0
0
Dicentory
more than one year
I urgently need assistance regarding a refund from XPO. My account was frozen with $30,000, but thankfully, I've managed to secure a refund. Please get in touch with me through the contact details provided on the website/team.
2024-02-07 16:39
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0
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Ravinder Kala
6-12months
Xeno portfolio is a good broker for invest money in forex market.
2023-09-03 00:58
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0
0
Cutter
6-12months
hi Dear Xpo company running in india in jaipur city they say company register in Russia. they take money from people and say they invest in forex. i know they are cheater and they only took bulk money from people and after close.
2023-07-20 18:13
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