Cryptocurrency Exchanges

Xelon

1.7 (3 reviews)
🇳🇿 New Zealand
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1.7
3 reviews
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About Xelon

Xelon 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 Reviews

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Warning to all investors

T
Thomas A.
4 weeks ago

I invested $10,000 with Xelon 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 Markets Authority.

Pros: Initially responsive customer service

Cons: Lost entire investment|Reported to authorities|Unresponsive

Not regulated - verified this myself

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Emily W.
3 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Xelon 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: Unauthorized firm|Found in IOSCO warnings database

Important information for potential investors

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Emma K.
8 months ago

For anyone considering Xelon, 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: Appears in regulatory warnings database|Uncertain regulatory status