Tag: XForex.com

XTrade suspended forex CySEC
May 30, 2017 BY Valentina Kirilova

CySEC announces partial suspension of Xtrade Europe Ltd CIF license

Cyprus financial regulator CySEC has announced the 'partial suspension' of the CIF license granted to retail forex broker XTrade Europe Ltd., which operates the XTrade.com and XForex.com websites. The reason for the suspension? Marketing issues. CySEC stated that XTrade's marketing materials and ads do not seem to be fair, clear and not misleading. And by issuing…

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July 21, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against retail forex broker XForex / XTrade

Continuing its string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding XForex / XTrade (at website xforex.com). XForex.com was recently integrated by parent company XFR Financial Ltd into sister brand XTrade.com, alongside a major marketing campaign which…

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