Xmarket Coin is scam?

https://xmarketcoin.com/en/index-2.html

Dear Investor,

We suspect that Xmarket Coin is highly likely to be a scam.

The platform claims to be operated by Xmarket Coin Limited, regulated by the Seychelles Financial Services Authority (FSA). However, our search of the FSA’s official register found no record of this company.

Additionally, Xmarket Coin states it is a trading name of TopFX Ltd, a firm regulated by the Cyprus Securities and Exchange Commission (CySEC). While TopFX Ltd is indeed licensed, the CySEC registration lists its official website as www.topfx.com. There is no record of https://xmarketcoin.com/en/index-2.html and no indication that TopFX Ltd owns or operates the Xmarketcoin platform.

Given this discrepancy, we have reasonable grounds to believe that Xmarket Coin is misusing another company’s regulatory credentials. Therefore, we strongly advise against engaging with this platform.