X Invest Broker Review 2021

General Information

Website URL: https://www.xinvest.pro/

Founded: 2021

Regulation: n/a

Languages: English

Deposit Methods: Perfect Money, Bitcoin, Litecoin, Ethereum

Minimum Deposit: $1

Free Demo Account: No

Types of Assets: CFDs, Forex, Commodities, Cryptocurrencies

Right off the bat, X Invest claims that its business practices are not only reliable but also highly profitable and successful for even the most basic traders and their humble needs. They throw around terms and promises such as 600% returns and fast executions on all transactions, which makes us feel more like we are on a gambling site and less like we are on an actual, legitimate trading brokerage. Let us explain. 

About

When you first visit the homepage, you will learn that X Invest is focused mainly on providing asset management and investment planning services. Sounds legit, right? However, when you dig deeper as much as we did, you will learn that this company is in no way eligible to provide this type of guidance. And we don’t mean that simply because of the fact that X Invest was only established a few months ago. They are also guaranteeing things and perks such as up to 5% passive income a day and returns on investment deposits of up to 600%, which sounds a bit too good to be true, don’t you think? That’s because it is! Namely, no broker company in the world can guarantee you anything – that is the core value of this industry. Things are unpredictable, but that is the basis of its appeal, too. It is completely up to you how much you will invest in your portfolio, so no one can guarantee you returns of any kind. Don’t let companies like this fool you into thinking otherwise!

The company also likes to throw big numbers in your faces such as over $2 million deposits and over $700.000 withdrawals. This is another proof of a shady practice if you ask us, considering that this information should not be given out so easily. But that is just our humble opinion. Stick with this X Invest broker review to learn more about the company and how its team does business in this industry.

Regulation

Considering that this company looks like it is getting away with a lot of shady stuff, it is only expected that it does not have any licensing information. We wouldn’t find it so surprising mainly because of the fact that it was established quite recently. However, with the amounts of returns and profits that it guarantees, X Invest should definitely have to kind of security to back these clams up. This is mainly for the sake of the clients who are coming on board, not to mention possible partners and affiliates.

However, this is not the case. X Invest currently does not own any type of licensing, which is a huge liability for its clients. It basically means that they are not guaranteed anything, even honoring some of the basic rights that the industry implies. If you happen to get scammed by this company, you won’t be able to turn to a regulatory body to enforce these rules. Rather, you will have to fend for yourself, which is not at all how things should to go. But if you are ready to take on that challenge, feel free to proceed.

Trading Platform

The trading platform at any company will be the space where you will spend most of your time, so its creators have to make sure it counts. For example, a solid and reliable platform should be fast and responsive, but also secure when it comes to the data that you input and the money that you invest in it. This, unfortunately, is not the case with the X Invest trading platform. Unfortunately, we were not able to take a closer look at it considering that there is no “Trading platform” tab anywhere on the page. Rather, you only have the option of signing up for an account, which we assume will later lead you to explore the platform features. But, again, this is only our guess.

The X Invest webpage claims that you can find as many tradeable assets as your heart can possibly desire here, but we haven’t had an exact insight into what they might be. Based on some research online, we learned that you can find a solid selection of different assets including CFDs, currency pairs, and even some cryptocurrencies. The minimum deposit for these assets comes at $1, which sounds like a great deal, doesn’t it? However, we are not certain about the leverage available here, so that is another important piece of information that looks like the X Invest team deliberately skipped.

Account Types

We couldn’t find any account types in their traditional form, but rather as several investment packages. There are 4 of them. What they are basically all about is giving you guaranteed returns for the rest of your life. This is, again, highly unlikely. With a minimum deposit of only $1, you can gain access to the basic investment plan that gives you infinite returns on your investments. The highest of them is the Pro investment plan. It will give you a return of 600% with a minimum deposit of $1.000. This all sounds pretty great. But as we said before, no one can guarantee you anything when it comes to trading.

Deposits and Withdrawals

One of the most important things that X Invest takes pride in is the fact that their team offers fast withdrawals of up to 24 hours, maximum. This goes for any payment method you choose, as well as all days of the week and hours of the day. Your data is also safe with the highest levels of security and encryption. This is of the utmost importance for all clients.

The banking methods that are at your disposal include the e-wallet Perfect Money. It is able to process your withdrawals and deposits within a few minutes. Then, you can also use Bitcoin and Litecoin, as well as Ethereum as your preferred methods of payment. Regardless of which one you choose, you will be able to enjoy top-level security of your data and funds. However, the thing we find sketchy is the fact that you can cancel your deposit at any time. But there is no indication of how is that possible or how that process really goes. Also, we should mention that X Invest guarantees you daily income. This implies that you will be making a lot of withdrawals. This, of course, brings in the question of withdrawal fees. They exist but there are no exact details about their amount or other requirements and conditions.

Customer Support

The customer support team is quite difficult to reach at this company. Namely, there is only one option to do so. And that is through filling out a form that you can find at the bottom of the home page. However, there is no indication or information about how long they will take to get back to you. From our experience, as well as some clients’ online testimonials, we can safely say that their agents are quite unresponsive and difficult to reach. There is no phone number or email address you can use to send your queries to. Not to mention that there isn’t a live chat option available, either, which is a huge downside.

What can we conclude from this? The only information that you can get from this company is the one that they carefully orchestrate and release. The tab called “Press Releases” is available at all times. That is basically all that you can learn about this company and how it does its business.

Education

When it comes to educational materials at this company, we learned that there isn’t much to find here. X Invest either expects you to be a fully formed and skilled trader, or to gather your knowledge elsewhere. This fact, with the unresponsive customer support basically makes it impossible to get updated with the latest on the market, not to mention to enhance your trading skills and abilities. This is quite a poor practice for X Invest, which reflects poorly on its clients, too.

Verdict

In the end, there isn’t much else to say about X Invest. As a company, it still has quite a long way to go before acquiring some genuine reputation and getting a reliable group of clients to fall on. At this pace, we don’t see it happening any time soon. But who knows what the future will bring? For now, we have to advise you to be careful and steer clear of this company. It has many cases of scamming activities and proofs of sketchy promises that it doesn’t deliver.