Xaebits has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Customer support at Xaebits seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Reliable uptime|Multi-currency support|Great customer service
Cons: No crypto staking
I found Xaebits through a financial advisor and the initial impression was positive. But for about ten months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Quick verification|Copy trading available
Cons: Would like more payment methods
Do not be fooled by the professional-looking website. Behind the scenes, Xaebits is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: API access|Clear documentation
Cons: Research section could be deeper
After using Xaebits for about ten months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Dividend tracking|Smooth onboarding|Low minimum deposit
Cons: Email notifications too frequent