Review summary
XL (興樂國際) is a forex broker that has been operating for 2-5 years and is registered in China. According to WikiFX data, the entity does not hold any valid regulatory licenses for forex trading, operating with a comprehensive WikiFX score of 1.47, which reflects a significant absence of regulatory and licensing oversight. Public exposure highlights issues regarding platform accessibility and regulatory status. As an entity operating without mainstream financial regulation from recognized authorities, clients should be aware that they lack the protections typically afforded by licensed financial institutions. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-07)





