About xannis.live
Overview
Xannis is a forex broker operating under the domain xannis.live. According to aggregated industry data, the broker is registered in the United Kingdom and has been in operation for less than one year. Our review found no official information on the company's founding date or corporate structure, which adds to the opacity surrounding this entity.
The broker positions itself as an online trading provider, but limited public information makes it difficult to verify its background. The lack of transparency regarding its ownership and management raises concerns for potential traders.
Regulation and Safety
Xannis does not hold any known regulatory license from a recognized financial authority. Industry databases indicate that the broker has no valid forex trading license, which is a critical red flag for traders. The absence of regulation means there is no independent oversight, and client funds are not protected by any compensation scheme.
Our cross-check of regulatory records confirms that Xannis is not authorized by any major regulator such as the FCA in the UK, CySEC in Cyprus, or ASIC in Australia. The broker's status as unregulated exposes users to significant risks, including potential fraud and difficulty in dispute resolution.
Company Information
Xannis claims to be based in the United Kingdom, but the exact registered address is not disclosed on its website. The company name is listed as 'Xannis', and the broker provides a contact number (+1 702-706-4466) which is a US-based area code, not a UK number. This discrepancy between the stated UK registration and the US contact number is concerning.
The broker's email address (support@xannis.live) is the only direct communication channel. There is no information about the company's directors, legal structure, or corporate registration number. Such lack of transparency is often associated with high-risk entities.
Trading Platforms and Instruments
Details about the trading platforms offered by Xannis are scarce. Aggregated data suggests the broker may provide a proprietary platform or a widely-used solution like MetaTrader, but this cannot be confirmed. The broker's website, which is currently accessible, likely contains information on available platforms, but our independent verification could not retrieve specific details.
Regarding trading instruments, Xannis is categorized as a forex broker, implying it offers currency pairs. However, no official list of instruments—such as indices, commodities, or cryptocurrencies—is available. The absence of transparent product information makes it difficult for traders to assess the broker's offerings.
Account Types and Fees
No official account types or fee structures have been published by Xannis. Industry databases do not provide any specifics on minimum deposits, spreads, commissions, or leverage options. This lack of information is unusual for a retail forex broker and prevents traders from making informed decisions.
Without knowing the account conditions, traders cannot evaluate the cost of trading or the suitability of the broker for their strategies. The broker's failure to disclose such fundamental details is a significant drawback.
Customer Support
Xannis provides customer support via email (support@xannis.live) and a US telephone number (+1 702-706-4466). There is no live chat or social media presence identified. The limited support channels suggest that the broker may not be fully accessible to international clients.
The contact number's US area code (702) does not align with the broker's claimed UK registration. This inconsistency could indicate that the broker operates outside its stated jurisdiction, complicating any legal recourse for clients.
Conclusion
Xannis is an unregulated forex broker with very limited publicly available information. Its recent establishment, lack of licensing, and opaque corporate details present considerable risks for traders. The broker's elevated scam risk score further underscores the need for extreme caution.
Traders should be aware that dealing with an unregulated broker means there is no external safety net. We strongly advise conducting thorough due diligence and considering only regulated brokers for forex trading activities.
Overview compiled by FXCanary from regulatory records and public data. full xannis.live review