XLibre, it is a safe CFD broker?

https://www.exalibre.com/

Dear Investor,

XLibre claims to be incorporated in the Republic of Mauritius and authorized and regulated by the Mauritius Financial Services Commission (FSC) under license number GB21026537. Upon investigation, we did find a matching entity name in the FSC licensee list.

However, please note that the domain address listed in the registration details may belong to an agency that assists trading companies in applying for a license from the FSC. This makes it difficult for us to verify whether the XLibre in question is indeed the same as the licensed entity.

In addition, the Mauritius FSC is known as an offshore regulator with relatively lax oversight and limited investor protection. This suggests that investments made with brokers licensed by this authority may not be strongly safeguarded.

Therefore, while the entity appears to be licensed, investors should still remain cautious when trading with this broker.