In this review, we will describe why XCoinBroker is a scam that you should avoid at all cost !
Is XCoinBroker Legit?
XCoinBroker is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why XCoinBroker is a dangerous broker to deal with.
Are Funds Safe with XCoinBroker ?
With such lack of information and XCoinBroker being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is XCoinBroker is withholding vital information to users.
XCoinBroker could go bankrupt from one day to another since there are no banking information about this broker.
XCoinBroker Review: our Conclusion!
XCoinBroker is an unregulated broker to avoid at all cost. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
XCoinBroker Scam Review
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Website URL : www.xcoinbroker.com
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Type of Scam : Unregulated Broker (Crypto, Forex)
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Regulation : None
Dear Sir Am I scammed. I am 76 years old .please help to recover my small amount of money if can .
got to open an account through email with xcoinbroker .com with Daniel Wolf who claimsto be the Senior Account Specialists.( [email protected]/+44 203 769 2812 through his persistency.
The amount for opening and trading was US 250.21 (Malaysian Ringgit1061.34) The money was ent to RBK*Games HTTP..//www.RBRU.
Once I opend the account He assigned to me to a trainer name Steven (TEl. +442037693042) It was infact no proper training.make several calls in the night for a few minutes He made one trade on 23rd October 2018 and congratulated me that I made a profit of US 16.66. On 8th November 2018 he made a trde for me Crypto vs USDT, ETC buy 9.5422/9.8493. This over the nest few daysfell badly.
They were operating and controlling my computer via AnyDesk There was a code 950 754 578
After this they kept me pestering me to put more money. I said the US 250.21nwill me my investment and I will not make further investment. Later other traniners contacted me and I did not respond.
I thought let the investment be as it is and will look at it at a future date. I tried to contact Daniel Wolf by email but no response. To date I am trying to contact them regarding my account but no response.
I have detailed his letter so that others who have dealt with xcoinbroker.com had similar problems..
Email from Daniel Wolf before opening Account
Hello Gunasegeram
These ar3 the documents that you nednto send back for the verification o