Warning: Is XF24 a Scam?

Is XF24 (x-f24.com) a Scam?

XF24 (x-f24.com) has been identified as a suspected fraud broker.

We found that the company name is Mango Group LLC, it is located at First St Vincent Bank Ltd Building, James Street, Kingstown, St Vincent and the Grenadines, the phone number is '+442038077185, and the support email is support@x-f24.com.

XF24 claims to be a investment platform, but it is unregulated by any major authority, such as the FCA or SEC.

Victim of XF24?

If XF24 fails to release your money, time is critical. Fill out the form below to speak with our recovery team for a no-obligation assessment.

Regulatory Check: XF24

The biggest issue is that XF24 (x-f24.com) has no license to operate.

Investing with unregulated brokers is very risky. Real firms are must be authorized with agencies like the FCA, CySEC, or CFTC to protect investors.

XF24 operates without this protection. This means there is no legal recourse if they steal your funds. Most investment fraud involve unlicensed actors, and getting back funds from them is hard without expert assistance.

For example, in Europe, unlicensed firms are outside the jurisdiction of the compensation schemes. In America, they are not members of SIPC, meaning your money is completely exposed.

Common Scam Tactics

Investment fraud is evolving. Scammers use psychological tricks to steal wealth. Here are common tactics seen in sites similar to XF24 (x-f24.com).

Dating App Scams

The "Romance Scam" is a brutal tactic where scammers build trust over months. They fake a friendship on social media. Once trust is built, they mention a secret investment. It is a lie to get you onto a fake platform like XF24.

The "Bonus" Trap

Scammers build websites that look exactly like legit trading apps. They have charts and profits that increase. But it is a simulation. The broker manipulates the numbers to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" you don't know.
• No License: The company has no legal registration.
• High Returns: They promise 1% daily returns or risk-free trades.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Pressure Tactics: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Scammers often post their own positive comments to appear real.

Conclusion

XF24 is not trusted. It is likely a scam. Protect your money and use a regulated broker. Avoid x-f24.com at all costs.