Xero Markets

Regulatory & Licensing Information:

• Regulatory Authority: None
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• License Number: Not applicable
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• Status: Unregulated
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Verification:

• Broker's Claims: Xero Markets claims to be a registered entity in Saint Vincent and the Grenadines.
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• Verified Information: There is no evidence that Xero Markets is regulated by any recognized financial regulatory authority. Operating without proper regulation poses significant risks to investors.
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Regulatory Warnings:

• Issuing Body: Financial Services Authority (FSA) of Saint Vincent and the Grenadines
• Details: The FSA has stated that it does not regulate forex and CFD brokers, implying that entities like Xero Markets operate without oversight
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Client Feedback:

As of January 2021, multiple fake positive reviews were submitted for Xero Markets, raising concerns about the authenticity of client testimonials. Additionally, the company's website is currently down, suggesting that the company may be out of business