Analysis of XFL Cash Company
Do not blindly believe in the promises of XFL Cash company about high functionality and quality support. Let’s now consider why this cannot be trusted and why it is important to exercise caution when choosing a financial broker.
Activity Profile of XFL Cash
XFL Cash describes itself as an international broker registered in Switzerland. They claim to have been providing their services since 2019 and have impressive statistics:
- 35,300 active users on the platform,
- 376 thousand transactions per day,
- $178 million daily turnover.
Although at first glance everything may seem prosperous, customer reviews indicate otherwise. Former clients warn that XFL Cash is not trustworthy and has many hidden issues.
Our research indicates that the XFL Cash domain was created in 2019. However, the site was inactive until the end of 2021, after which it was put up for sale. Scammers used the old site to maintain their fictional legend and confuse novice clients.
Upon examining the contact information, a fake address in Switzerland was discovered. Geolocation on Google Maps shows that the provided address is a residential building.
There is a legitimate email address, but fraudsters use it for spam and personal data collection. Users report that this only adds to their problems.
Legal Aspect
XFL Cash claims to have licenses and comply with regulations. However, it turned out that the information regarding their registration was forged. Despite the company’s assertions, we did not find scanned copies of legal documents. They only mention permits from several authoritative regulators on their site: FCA (UK), FSC (Mauritius), IFSC (Belize). However, their presence in lists of licensed companies is questionable.
Online reviews warn of the risks of investing in XFL Cash. The company actively promotes its services in Russian-speaking countries but lacks the appropriate licenses. Currently, regulatory authorities have not paid attention to them. Nevertheless, it is strongly recommended to be vigilant and not trust their promises.
Fraud Scheme
The deception methods used by XFL Cash are well known: fake trading advice and demands to install a remote access program. To avoid falling into the trap, be cautious and do not succumb to the provocations of scammers.
If your funds have been transferred to XFL Cash, consider using a chargeback service to attempt to recover them.
Conclusion
XFL Cash targets novices who are not well-versed in investments. Do not fall for the tricks of scammers and remain vigilant. Do not trust a company that does not provide you with reliability and earnings guarantees. Make an effort to research the market and choose trustworthy partners for your investments.
XFL Cash in 2023 provided standard brokerage services, maintaining a good balance between service efficiency and client communication.