XBTinvesting Review: An Abusive Forex Trading Platform

× Alert!
  • - Can't withdraw your funds from this fraudulent company or broker?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Got-Payback consultation today:

Fill in the form in the page below to recover your lost funds from this scam company
You will be redirected to got-payback.com after clicking the image

XBTinvesting
  • Compliance and Regulation
  • Contact and Support
  • Demo Account
  • Deposit Safety
  • Payout
  • Trading Platform
1.4

Summary

Hundreds of clients have lost funds with XBTinvesting. So make sure to stay away from xbtinvesting.com or risk losing everything. Here’s our comprehensive xbtinvesting.com review.

A press release warning investors from signing up with XBTinvesting (xbtinvesting.com) is out. XBT Investing has been taking investors for a ride by blocking withdrawals. The platform has been doing so for a couple of weeks. And now, CONSOB has moved in to protect the public’s interest. There’s no way the platform will allow members to withdraw even a penny. Here’s more in our detailed XBTINVESTING REVIEW.

A Closer Analysis of XBTinvesting

XBTinvesting claims to be a robust platform available in over 100 countries on the about us page. In addition, the platform claims to have over half a million active traders. If this were true, the platform would have a solid foundation in the industry.

XBTinvesting Pros and Cons

These are false narratives that ensure no one else falls for the platform. The platform is a huge hoax and doesn’t deliver any meaningful investment. Those who have deposited with the platform are ruing the decision.

Ideally, the platform was designed to target Italian forex investors. However, the platform also tries to lure other European investors based on the default language. Thanks to our review, we will help expose the dirty tricks used by the creators.

NOTE: Before you invest in any forex platform, you should use credible tools for trading. These include tested and trusted forex trading robots that offer investors an excellent way of investing.

XBTinvesting is not your platform and will eventually rip you off. Hundreds of investors are now wondering what to do after recovering funds proved futile. We will help expose why the platform is a hoax.

Most traders usually sign up to platforms due to the features available. And this creates an avenue for scammers to post false claims. So before you sign up, you need to confirm the credibility of a platform.

Experts recommend doing due diligence and ensuring no one else falls for the platform. Make sure to find out from the forex world about the experiences of other users. You can also read our crypto and forex product reviews for more.

Accounts XBTinvesting

XBTinvesting provides three account types, each having a different set of features. The accounts promise investors over 2,000 trading assets. These accounts include Smart, Expert, and Guru accounts.

Here’s a closer look at each of these accounts;

Smart

You have to make a minimum of €250 to start using the smart account. The account offers 100 lots maximum trading size and available leverage set at 200:1. Scalping is available with members getting news trading tips.

Expert

For the expert account, investors have to deposit €2,500 to get started with the account. The account offers the same features like the smart account. One of the notable differences is the high leverage set at 300:1.

Financial Guru

You must make a minimum deposit of €25,000 as the platform targets institutional investors. The set leverage is 500:1, which is the highest for forex trading assets. You get over 2,800 trading assets with scalping allowed.

Accounts XBTinvesting

Account features

There’s a clear violation of traders’ rights on the platform. The platform fails to offer any meaningful trading features in leverage and spreads. As a result, members do not know set spreads for trading assets.

We must point out the high leverage set on these accounts. The leverage is clearly against the set regulator’s average. Regulators agree to maximum leverage of 100:1 in almost all jurisdictions. Xbtinvesting.com violates this agreement.

In the United States, retail traders enjoy maximum leverage of 50:1. It’s all done to protect investors from putting their trading positions at risk. High leverage means you risk losing a large trading volume.

Assets and trading instruments xbtinvesting.com

There are four classes of trading instruments available on the platform. These include commodities, forex, indices, and stocks. Those who have invested with the platform know the appalling leverage and spreads of these assets all too well.

Some of the tradeable commodities include your household goods. These include coffee, natural gas, sugar, wheat, and more. In addition, forex trading plays an integral part in the overall trading activities on the platform.

You get to trade major and minor currencies, all not having any listed spread features. It means investors are going in blind. Nothing is stopping the platform from changing leverage mid-way through your trading activities.

Indices help day traders make a profit thanks to a wide array of assets. Some of the indices to find include DAX, Dow Jones, NASDAQ, S&P 500, etc. These indices help shape the overall prices of global products.

Lastly, we have stocks from leading companies such as those from the FANG group. These are some of the most traded stocks in the market. You also get to earn daily and own a piece of a company for a limited time.

Bonus

The platform offers a 20 percent bonus on all deposits. That’s one of the reasons that attract investors to the platform. However, you didn’t know that the platform uses bonuses to ransom your account.

You won’t get to withdraw funds unless you fully pay the bonus amount. Even if your account has enough balance to clear the bonus, the platform insists on a new deposit. That’s their way of knowing when you want out. After clearing the bonus, the platform blocks your account.

Business holder

There’s little information as to who owns or runs the platform. It makes XBTinvesting an anonymous investing platform. As such, the platform puts your investment at risk. We recommend staying away from the platform or risk losing everything.

With anonymity, it makes it impossible to recover funds. Hiring recovery agents doesn’t help mitigate the risks. These agents are part of the scam and get your contact from the platform. Don’t pay a dime, as these agents are the final nail in your coffin.

Contact and support

No contact or support is coming from the platform. You don’t get live chat, something you would expect from a legit trading platform. The support page lists a forwarding email with no listed phone number.

Is xbtinvesting.com licensed or regulated? NO

Deposit and fund safety

Your funds are not safe with XBT Investing as it fails to segregate accounts. The platform also fails to provide insurance cover for deposits made by clients. That’s why we have to expose the platform’s risky features.

Deposit and withdrawal

The platform avails several depository options to ensure everyone can deposit funds at ease. These include bank and wire transfers. Once you deposit funds, the balance will reflect within 24 hours.

Withdrawing funds from the platform remains the most significant hurdle facing members. No member has made any withdrawals for the past few weeks. And that’s the reason why CONSON issued a warning to investors.

Is XBTinvesting a licensed or regulated platform?

XBTinvesting is not a regulated platform and fails to offer any meaningful ways of investing. Ensure you avoid investing with platforms that don’t provide their license certificates. Without any regulatory framework, the platform instills harsh trading conditions.

MT4 Trading platform

That’s probably one of the advantages of using the platform. Despite using a proven platform, no one gets to withdraw funds. Experts recommend using MT4 and MT5 platforms as they provide insightful trading tools.

Are funds safe with XBT Investing? NO

Our verdict

After weighing the pros and cons of xbtinvesting.com, the platform is a scam. We recommend avoiding it like the plague.

PS: Go for forex trading robots that provide comprehensive solutions and guarantee safety.

Feel free to leave a comment or email us with any queries.

Leave a Reply

Your email address will not be published. Required fields are marked *