XLII Financial Services: customer reviews about the company in 2023

On one hand, access to regulators’ websites helps investors verify the legal documentation and legitimacy of broker services before investing. However, there is a downside – some scammers may abuse this by using others’ legal data and posing as regulated companies. One such case is XLII Financial Services, which we will provide a detailed review of.

Main Information about XLII Financial Services

Reviews of XLII Financial Services are just starting to appear, which may indicate the recent launch of the company. However, claims of collaborating with over a million investors raise doubts.

A check through the whois service showed that the xliifs.com website was registered in May 2023, contradicting the claimed work experience.

According to statements on its website, the company offers services around the clock. Communication channels with customer support include a phone number (which turned out to be fake) and several email addresses. However, clients note that support only responds as long as it is beneficial to the company.

Legal Basis Check

XLII Financial Services presents itself as a leading investment management broker complying with legislation. Although scanned documents are absent on the platform, there is a link to a certificate of incorporation confirming the company’s existence in the US legal entities database.

The company is also listed as an SEC licensee, with a brokerage permit issued over 6 years ago. However, it should be noted that the company did not exist at the time of license issuance, raising doubts about the use of others’ documents.

Commercial Proposal

XLII Financial Services does not disclose tariffs but offers over 500 financial instruments, SSL encryption, fast order execution, and innovative trading platforms. The minimum deposit is $100, with restrictions on fund withdrawals.

Project Reviews

XLII Financial Services, although existing for less than a month, already has negative customer reviews related to fund loss.

If you have experience investing with this company, it is necessary to share your experience to warn other users about the dangers.

Scheme Features

XLII Financial Services is a typical scam targeting novice investors with a low entry threshold. Clients face high withdrawal fees and other difficulties.