· America/Los_Angeles
XTrade Plus is pinned to our watch chart for a reason. When our cartographers traced the operation, the trail lined up with an official warning record rather than with any verifiable licence.
Position on the risk map
On August 21, 2024, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning about XTrade Plus, refuting the company's claim of being regulated by them. https://fsaseychelles.sc/media-corner/regulatory-updates/scam-alert-xtrade-13574840-and-sd212
Red flags on the map
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
- Dashboard balances that cannot be verified on-chain
If you have funds with XTrade Plus
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.