if you trade forex with them and can summarize in a few words an opinion? thank you
Hey. Anyone know if their platforms (MT5 or cTrader) are easy for complete beginners? Or should I look for something simpler to start out? MT5 looks quite difficult instead of binary options and tradingview.
If I don’t finish the full KYC process with XBTFX, can I still withdraw profits regularly? Are there any restrictions that could catch me off guard later?
It doesn’t really matter because it looks like a scam broker anyway, doesn’t it? It’s “licensed” only by a Caribbean island and “regulated” only in the Seychelles (which means unregulated, really: that’s a “subscription-service regulator,” not a real one that can protect customers).
If this link doesn’t put you off, probably nothing will .
An interesting question for you (which another member asked here, very recently): Would you choose to depend on an unregulated bank, if banks could choose whether or not to be regulated and some were regulated while others weren’t? Probably not, right? Do you think it might perhaps be a good idea to be asking yourself the same kind of questions about a forex broker before depositing funds with them? Their overall reputation, to put it mildly, isn’t a whole lot better than that of banks, is it?
Maybe just a slightly different perspective for you to be aware of? I hope it helps.
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