Score
XCOQ
New Zealand|5-10 years| https://www.xcoq.com/ch/
Website
Rating Index
Contact
Licenses
Licensed Institution：TOP 500 SEC PTY LTD
License No.：328866
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
New Zealand
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed XCOQ also viewed..
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Website
xcoq.com
Server Location
Hong Kong
Website Domain Name
xcoq.com
ICP registration
粤ICP备17089245号-1
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
0001-01-01
Server IP
47.52.8.53
Company Summary
Note: XCOQ's official website: https://www.xcoq.com/ch/ is currently inaccessible normally.
XCOQ Information
XCOQ is an exchange registered in New Zealand since 2011. The platform has been flagged by ASIC as a “Suspicious Clone,” and its official website cannot be accessed. Therefore, trading on this platform poses extremely high risks.
Is XCOQ Global Legit？
 | Australia Securities & Investment Commission |
| Current Status | Suspicious Clone |
| Regulated by | Australia |
| License Type | Institution Forex License (STP) |
| License No. | 328866 |
| Licensed Institution | TOP 500 SEC PTY LTD |
XCOQ has been marked as a “Suspicious Clone” by the Australia Securities & Investment Commission, indicating high risks such as fund fraud and false advertising.
Downsides of XCOQ
- Unavailable Website
The official XCOQ website is currently inaccessible. Clicking on the official website link https://www.xcoq.com/ch/ displays a “domain name not found” message.
- Lack of Transparency
Since the XCOQ website cannot be accessed, there is no official information available about the platform from authoritative sources. This makes it difficult for investors to make informed decisions or conduct trades.
- Regulatory Concerns
XCOQ being labeled as a “Suspicious Clone” by the Australia Securities & Investment Commission suggests potential misleading practices, false advertising, and extremely high trading risks.
- Withdraw Issues
Several users have reported that they have encountered withdrawal problems on this platform.
Negative XCOQ Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 6 pieces of XCOQ exposure in total. I will introduce 2 of them.
Exposure 1. Unable to withdraw
| Classification | Unable to withdraw |
| Date | 2018-12-16 |
| Post Country | Hong Kong |
The user reported unsuccessful withdrawal attempts from the platform, despite assurances from staff that it would be processed by December 15th. Two months later, the user had still not received the funds.For more details, visit:
https://www.wikifx.com/en/comments/detail/208127591316174.html
Exposure 2. Unable to withdraw
| Classification | Unable to withdraw |
| Date | 2018-11-21 |
| Post Country | Hong Kong |
Another user reported unsuccessful refund attempts. The platform appears to be preparing to abscond, and the user cannot withdraw approximately $1000.For more details, visit:
https://www.wikifx.com/en/comments/detail/208128924415330.html
Conclusion
Trading on the XCOQ platform entails considerable hazards stemming from its classification as a “Suspicious Clone” and a plethora of unfavorable user testimonials highlighting difficulties with withdrawals. This platform poses a high risk of being a scam, and investors are advised to choose other regulated platforms.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 6
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造梦者
Hong Kong
For more than two months, they said seriously that the money would be withdrawn successfully at the latest on December 15th. But as of today, I have not received the money. They do not give reasonable answer. There is no integrity.
Exposure
2018-12-16
FX1029456483
Hong Kong
The withdrawal was said to be delayed to December 15th.I still haven’t received the fund yet for 2 months.
Exposure
2018-12-15
造梦者
Hong Kong
In June this year, I deposited 4,000 US dollars in XCOQ and the trading account 630240. I lost a great deal and less than a thousand dollars left. In October, the platform announced to withdraw from the Chinese market, and asked the investor to close orders out and withdraw money. But my balance has been deducted while I have not received the money until now. The customer service personnel said the money would arrive at most on December 15th, and the mail also showed the same date. But the money has not been received, and they don’t reply my email in recent days. They customer service personnel make no answer. Is it ready to run. I have lost so much, and they still do not allow me to withdraw the rest small money
Exposure
2018-12-15
缠缘未了
Hong Kong
XCOQ delayed my withdrawal for a month. Seems they are ready to abscond! They said they would process all withdrawal requests in three periods: October 15, November 15 and December 15. But none of us received our money until today, November 21.
Exposure
2018-11-22
平常心7994
Hong Kong
They are ready to abscond. I’ve lost so much and I can’t withdraw my rest $1000 or so.
Exposure
2018-11-21
FX4999568521
Hong Kong
My $132579.5 withdrawal on XCOQ on August 30th didn’t arrive until now. All my trading activities are legit. As far as I know, all their clients can’t withdraw. They said it was because of third-party problems. On September 14th they told me they will give me the money on 21th and give me a 5% compensation. But they didn’t. Today is 25th and I still can’t receive my money. Give my money back!
Exposure
2018-09-26