Why does a British broker boast numerous awards and claim to offer the best conditions, yet lack the most important thing — a license from the FCA? In this XP Traders review, we will uncover what lies behind this company that promotes AI trading, hundreds of financial assets, and even investments. It is quite possible that this is nothing more than an ordinary scam, so we need to get to the bottom of it.
Brief Overview
- 🖥Official Website: https://traders-xp.com
- ✈️Contact Address: Hill Street W1J 4NQ, London, United Kingdom
- 📞Customer Support: +44 204 600 0675, support@traders-xp.com
- 🔐Licensing and Accreditation: –
- ⏳Track Record: 2025
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $10,000, 1:50
- 💰Additional Services: cashback, saving accounts, arbitrage, AI auto, account manager
Traders-xp.com Examination
There is nothing positive to say about this official website. XP Traders has presented a standard brokerage platform with a top menu featuring “About Us”, “Trading”, “Accounts”, and “AI Auto”. The homepage is nothing more than a generic list of advantages, none of which are substantiated, while the footer contains contact information and an office address in the UK.
The broker employs all the usual, clichéd tactics: stock photos, meaningless phrases, and a list of standard options disguised as unique benefits, which they clearly are not. The descriptions are in the style of “we use future technologies”, “we offer lightning-fast execution”, and other such marketing fluff. Not a single technical specification is provided. The company even uses the trendy abbreviation “AI” to attract clients’ attention.
XP Traders boasts of having over 125,000 clients, yet provides no way to verify this claim. While the official website supports multiple languages beyond English — both European and Asian, it still fails to inspire trust. It is hardly distinguishable from other template-based projects that open up and shut down just as quickly. Let’s move on.
Company Contacts
The contact details are listed at the bottom of the site, but are limited to a phone number and an email address. Where is the online chat? That is a convenient way to quickly reach out to managers and ask any questions. Moreover, all modern and popular online brokers support communication via messengers (Telegram, WhatsApp, etc.), but XP Traders does not offer this. It lacks any presence on social media whatsoever.
However, the main red flag lies elsewhere. Upon checking the provided email address, it turned out to be non-existent. This means XP Traders is listing a fake email. So how is anyone supposed to get in touch with their managers?
Key Conditions
XP Traders promises the best conditions: fast order execution, a wide range of assets, HFT technology, and 24/7 support. However, the entry threshold is very high — traders must deposit a minimum of $10,000. For many, this is a significant amount, and trusting a broker that uses a fake email address is a rather risky idea. Moreover, the second account tier requires a $25,000 investment; the third $50,000, and so on. There are five account plans in total, but the final VIP tier comes with no specific conditions — one must contact a manager for details.
The account types differ only in terms of additional services. Essentially, this is a simple scam scheme: “if you want more features and privileges, then invest more money”. All clients receive support from a personal manager, weekly analytics, training, and a leverage of 1:10. Higher-tier account holders gain access to signals, webinars, VIP events, sessions with analysts, swap discounts, and 24/7 account monitoring.
XP Traders hides its commission structure, which is a negative sign. Furthermore, spreads and their types are not disclosed — another drawback. The most critical trading parameters are blatantly ignored. Traders have no way of knowing whether it is profitable to trade here until they try it themselves. However, there is one small plus — the company offers a demo account, but this is a standard feature that any brokerage should provide.
Lastly, attention should be paid to the investment offering. The broker proposes investing money at a return of 10% per month but does not explain where such yields come from. Ten percent monthly translates to a 120% annual return without reinvestment. That is an extremely high yield. All of this resembles a financial pyramid scheme (HYIP). Such platforms are illegal.
Exposing XP Traders
Now it is time to examine the most crucial aspects of the broker’s operations: legal information, licenses, business history, and more. We will begin by checking for regulatory status, and turning to the FCA register for this purpose. The FCA is the UK’s financial regulator, and the subject of our review has listed a London address.
As you can see in the screenshot below, XP Traders is not listed on the FCA register. Why has a so-called British broker failed to pass verification and obtain regulation? The answer is simple — this company does not actually exist. We also checked the Companies House register of legal entities, and this organization is not listed there either. The legal address is fake, which is why there is no FCA license.
However, that is not all. It is also important to note that the company’s operational history is not mentioned anywhere on the official website. The only clue is found in the user agreement, where the year 2024 appears, along with fake awards allegedly received between 2022 and 2024. In reality, XP Traders has existed for only one month. This is evident from the domain registration date of traders-xp.com — March 26, 2025. Furthermore, the domain is only registered until March 26, 2026, indicating that the scammers do not intend to run this operation for long.
So, the legal address is fake, which means there can be no license, and the awards and claims of 125,000 clients are also fabricated. This is yet another illegal brokerage project promising 10% monthly returns and the best trading conditions, but it is merely bait for inexperienced traders to steal their money.
What Reviews Do Users Leave?
As for reviews, the situation is poor — there are very few. It is difficult to find any comments about XP Traders because the project is so new, and it is unlikely that anyone has actually traded here. In addition, many companies have similar names, which makes the search even more difficult.
Conclusions
You should not entrust your money to brokers like this. XP Traders is a fraudulent project with no license, relying on fake data, false advantages, and deceptive claims. It is a textbook example of a scam company whose goal is to lure in traders through deception and steal their funds.
Pros/Cons
- XP Traders promises a demo account.
- The site supports 8 languages.
- Lack of license and registration in FCA and Companies House registers.
- Fake contact details: the specified email does not exist, and the address is virtual.
- Extremely high entry threshold — from $10,000, with no guarantee of return.
- Commissions, spreads, and trading conditions are not disclosed — the client trades blind.
- The promise of a 10% return per month is a direct sign of an HYIP.
Yet another garbage platform that will easily scam you out of your money. I realized it was a scam the moment I landed on the site and saw there was not a single word about regulation. XP Traders is a project run by anonymous fraudsters with fake AI “benefits”. I strongly recommend staying far away from this company, as nothing but lost money and wasted nerves await you here.