XFINE

Based on the latest data, XFINE holds a WikiFX safety score of 2.05 out of 10, indicating low safety. It is not regulated by a major financial authority, though it holds a license from the Mwali International Services Authority (MISA) in Comoros. The broker has been operating for 1-2 years. Overall, safety and reliability are considered low.

XFINE holds a Forex Trading License (EP) from the Mwali International Services Authority (MISA) in Comoros (license number BFX2025147). However, its regulatory status is listed as 'Not Regulated' by WikiFX, indicating it is not regulated by a major financial authority. Traders should exercise caution.

The minimum deposit is $10 for the Zero account. Other account types require higher deposits: Standard $100 and Vip $5000.

XFINE supports MT5 (MetaTrader 5) with a full license. It does not support MT4.

Pros: Low minimum deposit ($10), high leverage up to 1:1000, support for MT5, multiple account types, and accepts crypto deposits. Cons: Low safety score (2.05), regulation only by a less stringent authority (MISA), short operating history (1-2 years), and limited deposit options (cryptocurrencies only).

According to the latest data, there are no recorded user complaints against XFINE on WikiFX. However, this information may not be exhaustive.

It is not publicly specified whether XFINE is available in the US region. Traders should verify with the broker directly.

XFINE offers a low minimum deposit ($10) and supports MT5, which may be beginner-friendly. However, its low safety score, lack of major regulation, and high leverage options (up to 1:1000) pose significant risks. Beginners should exercise caution and consider their risk tolerance.

XFINE offers three account types: Vip (minimum deposit $5000, leverage 1:100, spreads from 0, includes NDF), Standard (minimum $100, leverage 1:300, spreads from 0), and Zero (minimum $10, leverage 1:1000, spreads from 1.5). All accounts support scalping, EA, and lock position, and have floating spreads. They are not Islamic accounts.

XFINE offers leverage up to 1:1000 on the Zero account, with lower leverage on Standard (1:300) and Vip (1:100). High leverage can amplify both gains and losses, posing significant risk. Traders should use leverage cautiously and understand the associated risks.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.