x8r has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I invested $25,000 with x8r after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Services Authority.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The mobile app from x8r is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Dividend tracking|Personal attention|Automated trading options|Demo account available
Cons: Slow to add new assets
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that x8r has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Services Authority|Cannot verify credentials
I looked into x8r and found they appear in the regulatory warnings database. Financial Services Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
KYC with x8r is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: API access|Risk management tools|Quick verification|Full transparency
Cons: Onboarding videos are outdated|Spreads widen during volatile periods
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. x8r said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Excellent charting|Quick verification|Easy withdrawals|Multiple order types
Cons: Wish they had more educational resources
I requested my data from x8r under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multi-device support|Automated trading options|Regular updates
Cons: Could offer more webinars
The platform itself is okay, but the customer service at x8r is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Low minimum deposit|Risk management tools|Good analytical tools
Cons: Website design could be more modern
Do not use x8r for anything serious. I used them for about three months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Portfolio tracking tools|Multi-device support|Clear documentation
Cons: Spreads widen during volatile periods