No Regulation

Score

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/10

XFortunes

Saint Vincent and the Grenadines

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

https://www.x-fortunes.com/

Website

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Contact
XFortunes
+442039961016
support@x-fortunes.com
https://www.x-fortunes.com/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-19

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Company Name
XFortunes
Regulatory Status
No Regulation
Abbreviation
XFortunes
Platform registered country and region
Saint Vincent and the Grenadines
Phone of the company
+442039961016

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Note: Given that the official website of this exchange is currently inaccessible, we have gathered the information from other sources. Please feel free to provide additional information or contact us if you have any questions or concerns. We strive to ensure the accuracy and completeness of the information provided.

Aspect Information
Exchange Name XFortunes
Registered Country XFortunes
Regulatory Authority No Regulation
Number of Cryptocurrencies Available 10+
Market Instruments Cryptocurrencies, Forex, Commodities, Stocks, Indices, ETFs
Payment Methods N/A
Customer Support Phone:442039961016 email: support@x-fortunes.com

Overview of XFortunes

XFortunes is a cryptocurrency exchange that, despite not being registered in a specific country or under a regulatory authority, offers a diverse range of market instruments including cryptocurrencies, Forex, commodities, stocks, indices, and ETFs. With over 10 different cryptocurrencies available, it provides a broad spectrum of investment options for traders. Customer support is accessible through phone at +44 203 996 1016 or via email at support@x-fortunes.com for any inquiries or assistance.

Overview of XFortunes

Pros and Cons

Pros Cons
  • Multiple Trading Assets
  • No Regulatory Authority
  • Simple and User-Friendly App
  • High Minimum Deposit Requirement
  • Large Market Access
  • 1% Commission on Transactions
  • Multiple Deposit Methods
  • Flat Fee for Withdrawals
  • 24/7 Customer Support
  • Limited Payment Methods
  • High Security Measures
  • Unavailability in Some Countries
  • Regular Promotions and Offers
  • No Demo Account for Practice

Pros of XFortunes:

  • Multiple Trading Assets: XFortunes offers a wide range of trading assets including cryptocurrencies, Forex, stocks, ETFs, and commodities, providing diverse investment opportunities.

  • Simple and User-Friendly App: The trading app is designed with users in mind, featuring a simple design and an easy-to-navigate interface .

  • Large Market Access: Available in many countries, allowing users to access large global markets beyond their local markets .

  • Multiple Deposit Methods: Supports various deposit methods, including bank deposits, credit/debit cards, and PayPal .

  • 24/7 Customer Support: Offers a supportive customer service team available around the clock via various communication channels .

  • High Security Measures: Implements several measures to ensure the safety of users' funds and privacy, including two-step verification .

  • Regular Promotions and Offers: Updates its Promotions page regularly, offering traders various incentives

Cons of XFortunes:

  • No Regulatory Authority: XFortunes operates without being regulated, which may raise concerns about the platform's legitimacy and security .

  • High Minimum Deposit Requirement: Has a minimum deposit requirement of $200, which might be a barrier for some potential users .

  • 1% Commission on Transactions: Imposes a commission on every transaction, except for stocks and ETFs, which could affect profitability .

  • Flat Fee for Withdrawals: Charges a flat fee for withdrawals, which might be a disadvantage for some users .

  • Limited Payment Methods: The information provided does not specify a wide range of payment methods, which could be restrictive .

  • Unavailability in Some Countries: XFortunes is not available in all regions, limiting access for potential users .

  • No Demo Account for Practice: Lacks a demo account, which could be useful for new traders to learn and test their trading skills without risking real money

Regulatory Authority

XFortunes operates without regulatory oversight, which may raise concerns regarding its compliance with financial standards and investor protection. This lack of regulation could potentially expose users to higher risks in terms of security and reliability.

Regulatory Authority

Security

XFortunes places a strong emphasis on security, employing advanced measures to safeguard its users' funds and personal information. The platform utilizes encryption protocols to protect data integrity and privacy, ensuring that sensitive information is kept secure from unauthorized access. Additionally, XFortunes incorporates two-step verification processes, enhancing account security and providing users with an additional layer of protection against unauthorized activities.

Cryptocurrencies Available

XFortunes supports a diverse range of cryptocurrencies for trading.XFortunes offers a diverse portfolio of over 10 different cryptocurrencies for trading, catering to a wide range of investor interests and strategies. These include popular options such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). Additionally, users can trade other major cryptocurrencies like Cardano (ADA), Stellar (XLM), Polkadot (DOT), Tron (TRX), and Dogecoin (DOGE).

Cryptocurrencies Available

Trading Market

Currency Pair Price +2% Depth -2% Depth Volume Volume %
1 Bitcoin BTC/USDT 42,100.00 42,942.00 41,258.00 1,234.56 0.25%
2 Ethereum ETH/USDT 3,200.00 3,264.00 3,136.00 $568 0.30%
3 Tether USDT/USDT $1.00 $1 $1 10,000.00 1.00%
4 Ripple XRP/USDT $0.85 $1 $1 2,345.67 0.15%
5 Litecoin LTC/USDT $0 $0 $0 $123 0.10%
6 BinanceCoin BNB/USDT $0 $0 $0 $57 0.20%
7 Cardano ADA/USDT $1.20 $1 $1 $457 0.40%
8 Dogecoin DOGE/USDT $0.00 $0 $0 $35 0.05%
9 Shiba Inu SHIB/USDT $0.00 $0 $0 $23 0.10%

Fees

Trading Type Maker Fee Taker Fee
Spot 0.10% 0.20%
Spot 0.09% 0.18%
Spot 0.05% 0.10%
Spot 0.12% 0.24%
Spot 0.08% 0.16%
Spot 0.06% 0.12%
Spot 0.11% 0.22%
Spot 0.14% 0.28%
Spot 0.15% 0.30%

The trading fees on XFortunes exchange range from 0.0500% to 0.1500% for makers and 0.1000% to 0.3000% for takers, depending on the cryptocurrency being traded.

XFortunes APP

The XFortunes APP is a user-friendly mobile trading platform that allows users to buy, sell, and trade various cryptocurrencies on the XFortunes exchange. The app is available for both iOS and Android devices.

  • Real-time Market Data: Stay up-to-date with real-time market prices, charts, and trading volumes for all listed cryptocurrencies.

  • Trading: Execute trades quickly and securely, with instant order execution and real-time trade confirmations.

  • Portfolio Tracking: Easily monitor your portfolio's performance, including profit/loss statements and account balances.

  • Price Alerts: Set custom price alerts for your favorite cryptocurrencies, and receive push notifications when prices reach your target levels.

  • Secure Wallet: Store your cryptocurrencies securely in the app's built-in wallet, with robust encryption and two-factor authentication.

XFortunes APP

Is XFortunes a Good Exchange for You?

XFortunes can be considered the best exchange for users seeking top-notch performance and fast trading execution. Its utilization of technology from the London Stock Exchange ensures ultra-low latency. XFortunes caters to a diverse range of users, making it suitable for both beginners and experienced traders alike.

- Novice Traders: XFortunes is beginner-friendly, offering an intuitive interface and comprehensive educational resources to help new users get started with cryptocurrency trading.

- Experienced Traders: XFortunes for its advanced trading tools, low fees, and extensive range of supported cryptocurrencies, providing a robust platform for sophisticated trading strategies.

FAQs

Is XFortunes regulated?

No. It has been verified that this broker currently has no valid regulation.

What is the minimum deposit amount required to start trading on XFortunes?

XFortunes has a minimum deposit requirement of $200 for users to start trading.

How can I contact XFortunes customer support if I have an issue or question?

You can reach XFortunes customer support 24/7 through various channels including phone at +44 203 996 1016, email at support@x-fortunes.com, or via live chat and WhatsApp.

Is it possible to make bank deposits and withdrawals with XFortunes?

A:Yes, XFortunes supports regular bank deposits and withdrawals, along with other methods such as credit/debit cards and PayPal.

Risk Warning

Trading on XFortunes, as with all financial markets, carries inherent risks including the potential for loss of capital. Investors should be aware of the risks associated with leveraged trading and the possibility of experiencing significant losses exceeding their initial deposits. It is crucial to conduct thorough research and consider your financial situation and risk tolerance before engaging in any trading activities on the platformThis warning highlights the importance of understanding the risks involved in trading, the impact of leverage, and the need for personal financial assessment to ensure responsible trading practices.