XpresTrade Review – Stay Away From This Unregulated Broker

Is Xprestrade Scam Trading Provider and Why?

Signix Ltd, a Marshall Islands-based company, is the owner and operator of XpresTrade broker. Key Solutions Ltd, a Bulgaria-based boiler room, is the payment provider. These two facts should be enough to prove you are dealing with a fake investment provider.

A financial regulator is located in Marshall Islands. It’s known as one the most loose monetary authorities.

This license provider does not control companies that are open within its territory. Many people can slip by the radar. We found no Signix Ltd and XpresTrade regulations when we checked the register.

The firm is also not approved by any Tier 1 regulator such as FCA or ASIC, BaFin or CONSOB.

Login Issues With Xprestrade – Scam Broker Can Disappear

Login problems are one of the first indicators that a scammer is operating. Clients who deal with scam brokers often report problems accessing their trading platforms or accounts right after they submit a withdrawal request.

Account blocks are a common tzool used by scam brokers to prevent clients from receiving their hard-earned cash back.

Report any XpresTrade login problems that persist more than a few minutes.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Hankotrade, Monetarico By David Vlas, Wise Crypto Capital.

Different Types of Trading Accounts

If you are still interested in this investment firm, here is a list of XpresTrade account types.
The company offers 5 types of accounts. The minimum deposit starts at $250 and goes up to $200,000. Below you can see a screenshot from their website, which shows the first 3 types of accounts:

There are 2 more types of account in which the broker offers advanced features to traders. Here they are:

Although the money gap may be large, it is not of any value. Leverage ranges between 1:100 and 1:400. VIP accounts have a senior account manager.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

What Can I Trade With the Xprestrade Broker?

XpresTrade brokers have access to the following markets.

• Forex – GBP/USD USD/CHF USD/TRY
• Indices – S&P500, NSDQ, FTSE100
• Commodities – copper, soybeans, natural gas
• Shares – AMD, NVDA and MSFT
• Cryptocurrencies – DOGE, SHIB, ETC
  

Although this offer might seem appealing, it is important to understand the risks associated with investing with offshore companies. It’s possible that you will not see your money again.

Reviews and Broker’s Reputation

XpresTrade has a rating of 2.2 on Trustpilot.

Most of the reviews are negative. You can see for yourself by going to the forum. Many victims note the impossibility of withdrawing money. Do not invest through a XpresTrade broker – you will lose your money.

XpresTrade: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about XpresTrade. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about XpresTrade!