- 2026-03-08 BrokersView has found that Xylo Markets appears to be a scam
Xylo Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities.
Being unregulated is a major red flag for a fraudulent operation. Therefore, Xylo Markets appears to be a scam.
Xylo Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities.
Being unregulated is a major red flag for a fraudulent operation. Therefore, Xylo Markets appears to be a scam.
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