Xzors (xzors.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: xzors.com.
I had a dispute with Xzors (xzors.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Low minimum deposit|Fast execution|Copy trading available
Cons: Live chat only during business hours
I referred a friend to Xzors (xzors.com) through a podcast recommendation. 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: Wide product range|No hidden fees
Cons: Limited cryptocurrency options|Website design could be more modern
After spending for about three months trying to make Xzors (xzors.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Segregated accounts|Competitive fees|Detailed reporting
Cons: Alert system is basic|Inactivity fee applies after 12 months
Do not believe the bonus offer from Xzors (xzors.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a blog post comparing services and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Tax reports included|Good mobile app
Cons: Live chat only during business hours
I gave Xzors (xzors.com) a fair chance. After for about ten months 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: Fast support response|Social trading features|Fast deposits|Multi-device support
Cons: Wish they had more educational resources|Alert system is basic
My withdrawal from Xzors (xzors.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. since last summer of being strung along.
Pros: Easy to use platform|Dedicated account manager|Regular platform improvements
Cons: Slow to add new assets
I am in a dispute with Xzors (xzors.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: Dedicated account manager|Multi-device support|Fast support response|Great customer service
Cons: Limited demo account features
The spread at Xzors (xzors.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Clean UI|Automated trading options
Cons: None so far
The onboarding at Xzors (xzors.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: Excellent charting|Stable platform|Economic calendar|Multi-currency support
Cons: No dark mode on mobile
I trusted Xzors (xzors.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: API access|Demo account available|Wide product range|Good analytical tools
Cons: Limited social trading features|Live chat only during business hours