XFortunes Broker Review

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XFortunes

Know Your Options and Recover Your Funds

Do You Want to Know If XFortunes Is Legitimate or a Scam Broker? 

XFortunes has an attractive site, but beauty is only skin deep. Our clients have lost money with this broker–and not from losing trades. They were persuaded to keep depositing more money and weren’t allowed to withdraw it. This isn’t surprising, since this is an offshore broker with no license. On the site, we could see no information about licensing, and no names of the people who run it. Immediately, we are told they charge no commissions. We wonder then, how they make money. We suspect they earn money by running a broker scam. 

There Are Some Problems with XFortunes

XFortunes has web-based platform instead of MetaTrader 4 and 5. Not all brokers who don’t offer MetaTrader is a scams, but most of the frauds we run into use web-based platforms that allow them to manipulate data in a way that doesn’t reflect the way the market is actually moving. They offer bonuses, which sounds good, but no regulator allows these incentives. The idea is that bonuses tie up customers’ money and prevent withdrawals. 

Red Flags that XFortunes Could Be a Scam Broker

  • No license
  • No transparency
  • Poor trading platform
  • Tricky bonuses
  • Verified customer complaints

If You Need Fund Recovery from XFortunes, Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.