Xtream Markets LTD is an unlicensed brokerage scam

Carefully! Xtream Markets LTD is suspected of fraud!

There are now many times more unlicensed stock exchange traders than transparently operating dealing centers, and they all hunt for other people's money, catching newcomers on attractive conditions and promises. Such firms talk about their reliability, promise flexible terms of cooperation, zero spreads and commissions, doing everything possible so that newcomers run to fill in money, leaving them in the pockets of scammers.

An example of a typical scam posing as a reputable broker is Xtream Markets LTD, which has a rather bad reputation online. Xtream Markets LTD scammers are trying to drive gullible newbies into the head that everything will be perfect in terms of service, although they are complete illegal immigrants. This office collects money on the network, not intending to pay anything, it is dangerous for everyone to cooperate with it, because the scammer cleverly thought everything through and it will be very difficult to prove his guilt in fraudulent actions later.

Presentation of the terms of cooperation and information about the broker

Having got to know this broker closer, having read the history of the company, data on trade offers, terms of cooperation on its official website, it is worth emphasizing that everything here is sustained in a kitchen style, there is nothing original on its resource that distinguishes the office from other scams. As for more detailed data about the company and its work, during the review of Extreme Markets LTD, the following information was found out about all the activities of the office:

• spread size is flexible, starts from 0 pips;
• execution of trade transactions of users as quickly as possible;
• traders have access to support from qualified specialists 24 hours a day, 5 days a week;
• customers have a choice of several types of accounts;
• the company talks about the deep liquidity of the pool, offers to receive high-quality analytics, there is also training in Forex trading;
• affiliate payments for participants of the referral program will be unlimited;
• there are many options for partnership with the company;
• users will be able to use the option of copying transactions, which will be the best choice for beginners who do not have enough self-confidence;
• traders will be able to manage risk, activate protection against a negative balance, and also store money in large banks, having the confidence that everything is transparent and safe;
• there are five trading profiles on the site, users are allowed to work with micro-lots;
• the company has prepared active bonus offers for clients, you can also use the services of a personal manager;
• maximum leverage 1:400;

• clients can work with advisers, it is allowed to use different modifications of the MT4 and MT5 terminals for trading;
• among the assets available to traders, you can find cryptocurrencies, stocks, indices, currency pairs;
• the company regularly holds contests, offers traders to read the latest economic news, take training courses.

In the “About the Company” section, you can read that the company is fast-growing, has more than one and a half million accounts, has been operating for the fifth year, but this information is doubtful, and it should not be taken seriously without checking additional facts. Reviews about Xtream Markets LTD on the net began to be written not so long ago, and the authors of these comments accuse the office of fraud and impudent deceit, not recommending to have anything in common with it.

Why is it dangerous to work with Xtream Markets LTD broker?

If you carefully consider the presented company and its data, you will be able to find information that the company is registered in the Marshall Islands, and this is already a bad sign for domestic traders. A check of the company's licenses shows that it did not receive permission to operate on offshore islands and from the Central Bank, respectively, Xtream Markets LTD is scamming users, claiming that it provides services completely legally.

After carefully reading the company's agreement, you can find the location address of the management company, and this makes it clear that the company manages a couple more scammers that brazenly throw people for money. It is also worth noting that the dates of the foundation of the company indicated in the agreement and on its official website clearly do not match, which means that the scam is trying to add solidity to itself so that more gullible newcomers are led by its proposals.

The company talks about deep liquidity, being a complete illegal, talks about low spreads in order to attract attention, but in reality they cannot be zero, because it is spreads and commissions that form the company's income. The office does not even specify data on important trading conditions in figures, and one cannot even dream of withdrawing funds from Xtream Markets LTD, because it does not exist.

Trusting clients with bonuses are bred here, also on a fake terminal, so no one should count on payments from these illegal crooks.

Company website and details

Having considered the completely offshore brokerage kitchen, having revealed the facts of its deception, you can go to the review of the official website of Xtream Markets LTD, which allowed you to find out these important information about the office:

• address of scammers on the network – https://www.xtreamforex.com/;
• the launch time of the scam is September 30, 2015;
• information about the owner of the domain - information is not disclosed;
• contact details of the company - links to pages on social networks, live chat, e-mail [email protected], telephone number +35796750500.

Contacts were published on the office's website, but this does not mean that they will really help clients here, rather, the company tried to make the site more impressive for show, so that it would be easier to deceive the gullible population.

Reviews about Xtream Markets LTD

Online monitoring of real reviews about Xtream Markets LTD makes it clear that the company is illegal and will be willing to steal money from customers.

Real traders assure that they will never make money here, and as soon as the client starts to get a plus, the office will immediately find a way to correct this situation. Since the company operates without a license and is located offshore, it was clearly not worth expecting transparency from it, because it will never be here.

Used sources

To write this article, the data of the official website of the company in question were used, additional information was taken from the sites vklader com, www cbr ru, smartguides24 com, www wikifx com, infoscam ru, revocon online.