Is 8xtrade really a good broker?

https://8xtrade.com/

Dear Investor,

We are concerned that 8xtrade is not a reliable broker and suspect it to be a scam.

The domain name of 8xtrade was registered around five years ago. However, the company allegedly behind the brand, Digital Smart LLC, only claims to be registered in the offshore jurisdiction of St. Kitts & Nevis, which does not supervise forex brokers. If 8xtrade has been in business as long as its domain history suggests, this might be a major red flag—operating without a license for an extended period.

Therefore, 8xtrade presents significant risks. To avoid falling victim to fraud schemes, we strongly advise steering clear of 8xtrade. For a safer trading environment, choose major forex brokers regulated by top-tier financial authorities.