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Xylo Markets

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Operating status: SCAM

Website: https://xylomarkets.com/

Broker violations and abnormal records
  • Mar 08, 2026 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.

Related Complaints

Q&A

Is Xylo Markets a SCAM or not?

Zoltan Kaushik
Turkmenistan
Mar 08, 2026
ANSWER Dear Investor, Xylo Markets presents a significant risk of being a fraudulent trading platform. While compliant brokers are typically required to hold valid regulatory licenses, Xylo Markets does not claim to possess any such license, stating only that it is registered in Saint Lucia. Although our search of the Saint Lucia International Financial Centre (IFC) registry confirms the registration of Xylo Markets Ltd, it is crucial to understand that this registration merely establishes its status as an International Business Company (IBC) and does not constitute a regulatory license, as the Saint Lucia IFC does not regulate forex trading activities. The absence of a genuine operating license means that Xylo Markets operates without legal oversight or investor protection mechanisms, creating a highly dangerous environment for your funds. Consequently, we strongly advise against engaging in any transactions with this type of unregulated entity.
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