Xeno Capital

According to WikiFX data, Xeno Capital is not considered safe or reliable by industry standards. The broker's low WikiFX Score of 1.44 reflects critical deficiencies in its operational framework. The most significant factor is its regulatory status, which is formally designated as operating without any recognized financial authority oversight for forex trading. This lack of regulation means client funds are not protected under standard compensation schemes and the firm operates in a high-risk environment. Traders should exercise extreme caution.

No, Xeno Capital is not a regulated broker. The WikiFX assessment indicates it holds no valid licenses from major financial authorities such as the FCA, ASIC, or CySEC for its forex and CFD trading activities. It operates under a 'No Regulation' status. The broker is registered in the United States, but registration alone does not confer the regulatory protections or oversight that licensure from bodies like the NFA or CFTC would provide.

Xeno Capital offers multiple account tiers with varying minimum deposit requirements. The Standard account, which is the most accessible, requires a $250 minimum deposit. For higher-tier accounts, the entry conditions are significantly higher: $2,500 for the Silver account, $10,000 for the Gold account, and $50,000 for the VIP account.

Based on the available trading account specifications from Xeno Capital, support for Expert Advisors (EA) is confirmed across all account types. However, public documentation does not explicitly confirm whether the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms are offered. Traders should verify the specific trading platform directly with the broker before committing funds.