Xelansmarkets Reviews 

One of the worrest broker.. withdrawals pending. No proper support from the xelans team.
They don't even respond to mails as well.

Xelans Markets Review: Unregulated Offshore Broker, Fake Instagram Profits, & Withdrawal Risks 🚨
Review Text:
Do not trust the aggressive social media marketing for Xelans Markets Limited. This platform is being heavily promoted by "finfluencers" on Instagram who claim an impossible 90% trading win rate to trap retail investors. They push users into private Telegram channels where they post unverified, easily edited screenshots of massive "gains" but refuse to provide a live, third-party audited Profit & Loss (PnL) statement when publicly asked.
There are major allegations and red flags regarding Xelans Markets that every trader must know:
1. Offshore Jurisdictional Risk: They operate as an anonymous offshore entity registered in Mauritius under the FSC. Offshore regulators offer zero investor protection or safety nets compared to Tier-1 authorities.
2. Hidden Corporate Ownership: Xelans Markets hides its CEO, executive leadership, and founders. There is absolute zero public accountability if your money disappears.
3. Severe Withdrawal Concerns: There are active public consumer reports from users stating that their trading accounts were locked and payouts were completely refused immediately after initiating a large withdrawal (such as a recent case involving a blocked $60,000 USD payout). Users also report severe slippage where stop-loss orders fail to execute properly.
4. Illegal Forex Promotion: In regions like India, trading forex on unauthorized offshore platforms violates FEMA guidelines enforced by the Reserve Bank of India (RBI). The influencers promoting this are unregistered and collecting hidden Introducing Broker (IB) referral commissions off your losses.
Do not trust the aggressive social media marketing for Xelans Markets Limited. This platform is being heavily promoted by "finfluencers" on Instagram who claim an impossible 90% trading win rate to trap retail investors. They push users into private Telegram channels where they post unverified, easily edited screenshots of massive "gains" but refuse to provide a live, third-party audited Profit & Loss (PnL) statement when publicly asked.
There are major allegations and red flags regarding Xelans Markets that every trader must know:
1. Offshore Jurisdictional Risk: They operate as an anonymous offshore entity registered in Mauritius under the FSC. Offshore regulators offer zero investor protection or safety nets compared to Tier-1 authorities.
2. Hidden Corporate Ownership: Xelans Markets hides its CEO, executive leadership, and founders. There is absolute zero public accountability if your money disappears.
3. Severe Withdrawal Concerns: There are active public consumer reports from users stating that their trading accounts were locked and payouts were completely refused immediately after initiating a large withdrawal (such as a recent case involving a blocked $60,000 USD payout). Users also report severe slippage where stop-loss orders fail to execute properly.
4. Illegal Forex Promotion: In regions like India, trading forex on unauthorized offshore platforms violates FEMA guidelines enforced by the Reserve Bank of India (RBI). The influencers promoting this are unregistered and collecting hidden Introducing Broker (IB) referral commissions off your losses.

Xelans Market is a big scam , no payout , they lock your account immediately you initiate a withdrawal, don't open account with Xelans, they refused to process my 60 , 000 USD

This is the worse service I have seen ,I requested for withdrawal the amount has been debited from wallet later the withdrawal request has been rejected and my funds didn't refunded. I contacted support team by opening ticket they are saying request again and the ticket has been closed,this happened multiple times.How can I request when funds are already debited and didn't refunded.please don't trust this platform.

I’ve had a very good experience with Xelans Market so far. The onboarding process was easy and quick, even for a new user. Payouts are fast, which is the most important thing for me, and I received my withdrawal without any issues.

The support team is responsive and helpful, always replying on time and guiding properly whenever I had a question. The platform is smooth and easy to use, making trading comfortable. Overall, it feels reliable

Recommended this broker to my younger brother who Just began trading from India. Received a successful payout the first time, but after he started making small profits consistently. Multiple trades occurred on the MT5 when he clearly dint place any after 2 pm on 17th. Such poor response from the support team, who called us repeatedly until we made a deposit of 150$ and when a problem occurred, they Vanished.