Is XPBEE a Scam? The Facts You Need to Know

The broker xpbee.pro promotes multiple account types and various partnership conditions. However, its reputation is overwhelmingly negative, with numerous unfavorable reviews. The trading process is conducted through a browser-based platform with limited functionality. Moreover, there are serious concerns regarding the company’s regulation and privacy practices. This article aims to determine whether the dealer constitutes a scam.

Company Highlights

Key XPBEE Trading Features

XPBEE encourages users to register and select one of several account types. These accounts differ in minimum deposit requirements and leverage. The homepage displays an account comparison table that includes: Zero, Standard, Pro, VIP. Let’s examine the foundational trading conditions and highlight the challenges traders often face after depositing funds.

So, the minimum deposit requirement is set at $100. With an increased deposit‌ — ‌up to $20,000 — the firm promises more favorable terms. In essence, users must “purchase” better trading conditions. Standard account holders are not granted any meaningful privileges.

Leverage ranges from 1:100 to 1:500, decreasing as the user’s deposit diminishes. This level of leverage, often highlighted in promotional materials, is a red flag. In contrast, European regulators cap leverage at 1:50 for certain financial instruments. Trading with the dealer substantially increases the risk of financial loss.

Spreads begin at 3 points and are essentially uncapped. Zero-spread trading is only accessible with a minimum deposit of $1,000. The stop-out level ranges from 30% to 50%. Notably, the platform does not offer a demo account, although it does claim to support Islamic accounts.

The most significant flaw in the dealer’s terms is its leverage policy, which reinforces suspicions of fraudulent activity. Additionally, clients must upgrade their accounts to access more competitive conditions.

Overview of Available Trading Instruments

XPBEE grants access to a limited selection of financial instruments. Clients may trade in currency pairs, metals, indices, and stocks. The broker claims to offer over 1,200 instruments, which remain consistent regardless of account type or deposit size.

It is important to note that the platform promotes contracts for difference (CFDs) as the sole method of trading, which comes with substantial risk. Statistically, the chance of loss exceeds 85%. Furthermore, the platform presents additional issues such as conflicts of interest and lack of liquidity.

Xpbee.pro Trading Platform Analysis

XPBEE promotes a browser-based platform. Although there are claims of cTrader compatibility, in practice, all trades are executed exclusively via WebTrader.

Despite claims of working with liquidity providers, such statements appear to be hollow marketing tactics. In reality, liquidity is non-existent, resulting in significant delays in order execution and financial losses for clients. Additionally, the combination of CFD trading and conflicts of interest further complicates the user experience.

The platform’s interface is generic, offering basic charting and trade history. There is no advanced functionality for order management, no support for indicators, and no access to custom strategies. Despite claims, the option to use an Islamic account is absent.

Additional Services

XPBEE supplements its core offerings with a range of ancillary services and a referral program. Let’s examine these.

New traders gain access to an economic calendar, a news section, and a FAQ. However, the platform lacks any meaningful educational content — no links to trading literature, no webinars, and no structured training. Customer support is unresponsive, and staff competence is minimal.

The referral program is open to all users immediately after registration. The system operates across three partnership tiers. Participants may earn up to $18 per lot and receive 60% of the commission generated by referred users. To advance in the program, users must recruit between 10 to 30 new traders. The “exclusive” partnership promises round-the-clock support, expedited withdrawals, and assorted bonuses.

Fee Structure. Are You Paying More Than You Should?

XPBEE provides limited transparency regarding its fee structure, particularly on trading commissions and transaction costs.

All transactions are conducted in cryptocurrency, specifically using the USDT token, with a flat 1 USDT fee. While using crypto has potential advantages, in this case, it signals a lack of reliability and regulatory oversight.

The Zero account carries no commission, paired with leverage of 1:500. For higher-tier accounts, the commission may rise to $6.5 per lot — a costly and uncompetitive rate within the CFD trading space.

Legitimacy of XPBEE

XPBEE is an offshore broker, unlicensed by any European regulatory authority. No certification exists from supervisory bodies, including tier-3 regulators. The legal address provided is commonly used by fraudulent brokers to mislead prospective clients.

Meanwhile, the legal entity XPBee Trading LLC has been listed on the Grenadines registry since July 2023, but this has little effect since the local financial commission does not license brokers.

In summary, investing with an unregulated broker significantly increases the risk of capital loss. Recovery of funds through legal means is highly unlikely.

The Broker’s Past and Present

The company has been operational since late 2024, an obvious red flag pointing to its lack of credibility. Verification of this can be performed through WHOIS or WebArchive. Thus, marketing statements about the firm’s “achievements” should be taken with a grain of salt.

Conclusion

We strongly advise against engaging with XPBEE. The company operates without a license and exhibits multiple indicators of scam.

Weighing the Pros and Cons

Common Questions