Xoaru (xoarupro.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 (xoarupro.com) locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Regular updates|Fast support response|Excellent charting
Cons: Cannot customize dashboard fully
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Xoaru (xoarupro.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Customizable dashboard|Segregated accounts
Cons: No fractional shares
I requested my data from Xoaru (xoarupro.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Easy to use platform|Tax reports included|Multi-currency support|Comprehensive tools
Cons: Could offer more webinars|Minor UI glitches occasionally
I am in a dispute with Xoaru (xoarupro.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Regular updates|Good mobile app|Good analytical tools|Dividend tracking
Cons: Slow to add new assets
My withdrawal from Xoaru (xoarupro.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for the past six months of being strung along.
Pros: Automated trading options|Economic calendar
Cons: Wait times can be long during peak hours|Could offer more webinars
Xoaru (xoarupro.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: Comprehensive tools|High security standards|Smooth onboarding
Cons: Charting tools need more indicators|Wish they had more educational resources
The onboarding at Xoaru (xoarupro.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: Demo account available|Tax reports included|Smooth onboarding
Cons: Some tools only available on higher tiers
My withdrawal request from Xoaru (xoarupro.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Easy withdrawals|Economic calendar|Portfolio tracking tools
Cons: None so far|Minor UI glitches occasionally
After for over a year with Xoaru (xoarupro.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Market news feed|Regular platform improvements|Tax reports included
Cons: No integrated tax optimization
Where do I even begin with Xoaru (xoarupro.com)? since last summer of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Professional team|Quick verification|Personal attention|Copy trading available
Cons: Slow to add new assets|Live chat only during business hours