Brokerages

Xceda Finance Limited (impersonated)

1.6 (11 reviews)
🇳🇿 New Zealand
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1.6
11 reviews
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About Xceda Finance Limited (impersonated)

Xceda Finance Limited (impersonated) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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They upsell insurance you do not need

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Alex O.
2 months ago

If you are reading this considering Xceda Finance Limited (impersonated) - run. I wish I had read more negative reviews after comparing multiple platforms. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Educational resources|Excellent charting

Cons: Limited cryptocurrency options

Do your due diligence first

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Paul I.
3 months ago

For anyone considering Xceda Finance Limited (impersonated), please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

This company needs to be investigated

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Peter V.
3 months ago

I opened an account with Xceda Finance Limited (impersonated) for just over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Detailed reporting|Dedicated account manager

Cons: None so far

Bonus clawback on technicality

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Ethan E.
5 months ago

I referred a friend to Xceda Finance Limited (impersonated) after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Multi-device support|Educational resources

Cons: Cannot customize dashboard fully|Account statements could be more detailed

Licensed in a tax haven only

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Marcus H.
5 months ago

The platform itself is okay, but the customer service at Xceda Finance Limited (impersonated) 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: Great customer service|Segregated accounts|Demo account available

Cons: Cannot customize dashboard fully|No fractional shares

Stay far away from this company

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Maria D.
6 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Xceda Finance Limited (impersonated) is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Regulatory warning ignored

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Patrick F.
6 months ago

I signed up with Xceda Finance Limited (impersonated) through word of mouth in my investment club 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: Fast support response|Clear documentation|No hidden fees|Two-factor authentication

Cons: Would like more payment methods|Could offer more webinars

Something doesn't add up here

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Robert M.
7 months ago

I was about to invest with Xceda Finance Limited (impersonated) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

They do not honor their terms

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Ryan I.
11 months ago

The reporting at Xceda Finance Limited (impersonated) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Detailed reporting|Regular updates|Good mobile app

Cons: No fractional shares|Email notifications too frequent

Automated responses only

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Aiden K.
1 years ago

Xceda Finance Limited (impersonated) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Segregated accounts|Personal attention

Cons: No fractional shares