Xoaru (xoaruex.com) has been flagged by Australian Securities and Investments Commission 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.
Xoaru (xoaruex.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Multiple order types
Cons: No phone support on weekends
I trusted Xoaru (xoaruex.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Intuitive for beginners|Easy to use platform|Good mobile app
Cons: Wish they had more educational resources|Live chat only during business hours
I invested $3,500 with Xoaru (xoaruex.com) 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 Australian Securities and Investments Commission.
Cons: Blocked my account|No legitimate license|Fake returns
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Xoaru (xoaruex.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Responsive team|Customizable dashboard|Multiple order types|Dedicated account manager
Cons: Charting tools need more indicators
I closed a profitable position at Xoaru (xoaruex.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Real-time alerts|Tax reports included
Cons: Account statements could be more detailed|Slow to add new assets
I opened an account with Xoaru (xoaruex.com) for over three years 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: Responsive team|Dedicated account manager|Customizable dashboard
Cons: Research section could be deeper|Website design could be more modern
Xoaru (xoaruex.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: Clean UI|Low minimum deposit
Cons: Alert system is basic|Mobile app could be improved
I invested $10,000 with Xoaru (xoaruex.com) 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 Australian Securities and Investments Commission.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I gave Xoaru (xoaruex.com) a fair chance. After since the beginning of the year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Multi-currency support|Multi-device support
Cons: Email notifications too frequent|Spreads widen during volatile periods