ANSWER Dear Investor,
Xesun claims to be operated by Xesun Capital LTD and authorized by the Financial Services Commission (FSC) of Mauritius. Upon verification, we confirmed that this company is indeed registered as a licensed entity with the Mauritius FSC.
However, the Mauritius FSC has not registered the operating website or domain name for this licensed company. Therefore, we cannot fully verify whether the platform you are inquiring about is genuinely associated with this licensed entity, which poses a risk of potential identity cloning. Furthermore, the Mauritius FSC is considered an offshore regulatory authority with relatively weak oversight. Holding only this license does not guarantee complete protection for your funds.
Given these factors, we strongly advise you to exercise caution when trading with this broker.
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