One of the first signs you will be tricked is a lack of legal documentation. In addition, the company only provides contact options where their agents can hide behind the keyboard.
Honestly, all these discrepancies could be forgotten if the company was regulated properly. Therefore, let’s find out in this Xpress Fund review if the company has authorization and if you can trust them or not.
Regulated By: | No regulations |
Is This Company Safe? | No |
Known Websites: | |
Have Warnings From: | N/A |
Registered In: | UK (allegedly) |
Operating Since: | 2022 |
Trading Platforms: | N/A |
Maximum Leverage: | N/A |
Minimum Deposit: | $50 |
Deposit Bonus: | Not available |
Trading Assets: | Cryptos, banking, retail, real estate |
Free Demo Account: | Not Available |
How To Withdraw From This Company? | Withdrawing funds from a company that is misleading investors on every single step is practically not possible. Especially if there are higher sums of money in the play. If you get caught in this scam, contact our refund experts immediately for advice. |
Legal Info: Is Xpress Fund Legit Or A Scam?
Any investment firm operating in the United States or the UK must be regulated by local authorities. In this case, those would be CFTC, SEC, and FCA. However, if this company had those licenses, they couldn’t promise the insanely high returns they do now.
Anyway, we checked those databases, and the results speak for themselves. Without adequate authorization, this firm can only be considered an absolute scam. Not to mention, it is misleading investors about the number of active users, past results, etc.
Who Are Xpress Fund’s Victims?
Even though the company claims to operate since 2018, that’s one of the first lies they serve us with. By researching the company’s domain, we can easily see that they were registered in 2022.
If you want to find out more tips on how to research investment firms, also check out our Mugan Markets review, especially since some of the targeting countries of these two companies are possibly the same. Those are:
- United States
- South Africa
- Portugal
If you were caught by this investment firm and have funds stuck with them, don’t hesitate to contact our refund specialists for advice, even if the transfers were made with crypto.
Traders Reviews
According to the presentation of Xpress Fund investment firm, the company has more than 49,000 users. Yet, there are only two reviews on the Trustpilot platform. And it’s already 50/50. So, when other traders come forward with their experience, it’s highly expected negative comments will overflow.
You could also be the initiator since this company is certainly not legit. Leave your opinion in our comment section as well. In case you want to apply for a refund straightforwardly, contact us directly.
Leverage, Commissions, Spreads, Fees and Taxes
Generally speaking, this investment firm doesn’t reveal any investment costs. Practically, they will be running your Xpress Fund account completely free. That’s extremely suspicious. Imagine having an office in the UK, paying financial experts to run your services, and without any profits from clients. Doesn’t make sense.
On the other hand, they claim to be earning by mining cryptos. That might be the case, but you’ll be paying for its costs. All in all, it is not a profitable option for investors.
Bonuses
Usually, with investment firms, you won’t see any bonus offers. Instead, they promote their referral programs to reward affiliates. Thus, we would never recommend you become an affiliate of such a shady investment firm.
Xpress Fund Trading Features
The key offer with this firm is the Xpress Fund Bitcoin mining option. Even though they present us with all the other options, most likely, none of those are real. Fairly, if those investments were real, the company would have a proper license for each of those services.
Trading Platforms Available
After registration, you can access designated areas to keep track of your portfolio and profits. The dashboard is web-based and, most likely, manipulative. Simply, you should stay away from it.
Available Trading Assets
As can be seen from the registration form, the company will ask you to leave your ID for Bitcoin, Ethereum, and USDT wallets. Quite strange if you like. These might be the company’s primary investment options. If they invest at all.
Other investment options are related to:
- Real estate
- Investment banking
- Wealth management
- Securities and foreign exchange services, etc.
In most cases, the Xpress Fund crypto investments are most likely the most advertised ones.
Account Types
The key problem is guaranteed returns of up to 22%. Each account will require more money but also bring more profits. Allegedly, of course. Therefore, you can choose:
- Standard – $50 min / 4% after 24 hours
- Magnate – $500 min / 8% after 24 hours
- Platinum – $1.000 min / 12% after 36 hours
- Executive – $5.000 min / 15% after 48 hours
- Premium – $10.000 min / 22% after 72 hours
Mobile Trading App
To keep track of your investments, you won’t have the option to do so in mobile apps. Simply, these don’t exist. But that fairly tells you how much the company wants to invest in its business.
Apparently, they have earned 2.89 billion USD in net profit for shareholders, and they didn’t have a few thousand to create an app.
Demo Account
Of course, the only way to verify if anything works is to deposit some money. The offer does not include a trial or demo account. Fairly, even if there is, you can’t trust it without a license.
Education
Generally, the company does the whole investment part for you, and for that reason, proper education is not available. But in reality, it’s more than necessary since you don’t want to get fooled. That’s why top-tier licensed investment firms are the best choices.
Xpress Fund Withdrawal
Since the company only accepts PerfectMoney and crypto transfers, you can forget about Xpress Fund withdrawal. Especially since the company doesn’t reveal details about the fee or how long it takes to withdraw. Most likely forever. We strongly advise you to avoid it, just like BitDTCC.
Customer Support
As can be seen, the only contact options available are e-mail and live chat. But on the positive side, the company’s support should be available 24/7. Yet, if you require withdrawal assistance, don’t be surprised if you don’t get any.
Key Information To Consider About Xpress Fund
All in all, with all the misleading details the company presents us with, it surely can’t be trusted. Firstly, with registration date, number of clients, and generated profits. Not to mention, the company offers fixed returns and operates without adequate regulations.
Therefore, you better withdraw your funds immediately. Once you experience any pushback from the company, contact our refund experts for a better way to get your money back.
FAQ Section
What is Xpress Fund?
Xpress Fund is a fake investment firm allegedly registered in the UK that has been operating since 2022 and not 2018, as they claim.
Is Xpress Fund Legit?
No. The Xpress Fund investment firm is not regulated by any worldwide trusted authority.
What is CipherTrace?
CipherTrace tool helps refund experts track crypto transfers in the recovery process. To find out how it can help you, get in touch with our specialists already today.
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