XAI Platform (bytesimulatefocus.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bytesimulatefocus.com.
The so-called education at XAI Platform (bytesimulatefocus.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past year and a half thinking they would help me learn.
Pros: No hidden fees|Automated trading options
Cons: Desktop app not available on Linux
I have been trying to close my account with XAI Platform (bytesimulatefocus.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Clean UI|Quick verification|Smooth onboarding|Regular updates
Cons: No phone support on weekends
I found XAI Platform (bytesimulatefocus.com) after seeing their ad online and the initial impression was positive. But since I retired last year 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: Customizable dashboard|Professional team
Cons: Could offer more webinars
XAI Platform (bytesimulatefocus.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Fast deposits|Reliable uptime|Transparent fees
Cons: Currency conversion fee exists|Website design could be more modern
I signed up with XAI Platform (bytesimulatefocus.com) while looking for alternatives to my previous provider and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Tax reports included|Fast deposits
Cons: Withdrawal takes 1-2 business days
XAI Platform (bytesimulatefocus.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Customizable dashboard|Social trading features
Cons: Account statements could be more detailed
Opened my account with XAI Platform (bytesimulatefocus.com) after attending a webinar they hosted and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Wide product range|Professional team
Cons: Limited ETF selection|Spreads widen during volatile periods
The onboarding at XAI Platform (bytesimulatefocus.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: No hidden fees|Clear documentation|Good analytical tools
Cons: Inactivity fee applies after 12 months
XAI Platform (bytesimulatefocus.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: API access|Multiple order types
Cons: Currency conversion fee exists|None so far