WikiFX

Sagot

Based on my research and personal experience trying to dig into XSpot Wealth's offering, I find a significant lack of transparency surrounding their maximum leverage for major forex pairs as well as other asset classes. Although the broker is regulated by CySEC and presents itself as focused on private wealth solutions with an STP model, nowhere in their publicly available documentation or user interface did I locate concrete leverage figures for forex or differentiations by asset type. As a trader, this is quite concerning. Transparency around leverage is fundamental—not just for strategy, but for risk management and regulatory compliance, especially given that CySEC regimes typically impose maximum leverage limits (often 30:1 on forex majors for retail clients). The absence of explicit information on leverage leaves me wary. I also note XSpot’s history of high user complaints about withdrawals and questionable business practices, which makes me even less comfortable. With only wire transfers for funding and high minimum deposit thresholds reported, the overall offering doesn’t inspire much confidence for retail traders like me who need clear facts before putting any money on the line. For anyone considering XSpot Wealth, I recommend seeking confirmation of leverage conditions directly from the broker, ensuring they align with your needs and that you can verify them before depositing funds.