If you’re looking for an in-depth analysis of the Xifra Lifestyle program, then you’ve come to the right place! Because of the services and returns on investment (ROI) that the company provides, this opportunity has generated a lot of buzz on the internet.
We wanted to get a better and more in-depth look at this company and what it has to offer in order to determine whether or not it is a genuine and trustworthy program or simply one that makes empty promises. In order to get a better understanding of how everything fits together, we are going to go over the details regarding the company, the products, and the compensation plan.
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Is My Xifra Lifestyle Regulated?
As a result of the fact that Xifra Lifestyle does not have the authorization to run investment schemes from the financial authorities of any nation, the company is committing securities fraud.
Second, Xifra claims that its trading algorithm is capable of generating a return on investment of 200%, which is not conceivable in the real world. If Xifra is so confident in its trading algorithm, then it begs the question as to why it is depending on public funding and putting the money of other people in jeopardy.
Warnings From Financial Regulators
Xifra Lifestyle was alerted to possible fraudulent activity in Peru on May 28th, 2021. SBS issues a strong warning to the general public to steer clear of any and all methods of fund-raising that are not sanctioned by them. According to the SBS, in order for any group to collect public funds, such an organization must first have prior authorization from the SBS; however, Xifra does not have this authority.
The CNBV issued a warning on Xifra on September 6, 2021, accusing them of engaging in unlawful financial activities. The Financial Agency of the Mexican Government is Known as CNBV.
The Colombian government issues a notice to Xifra Lifestyle on December 16, 2021, accusing the company of operating illegal financial schemes.
In addition, in January 2022, the Mexico police detained the creator of Xifra Lifestyle, Jonathan, along with his associates, on the suspicion that they had bribed and threatened the authorities there. However, the court was unable to verify the accusations against them; hence, the judge dropped the case and freed them.
Is Xifra Lifestyle Can Be Trusted?
No, as we have already noticed, several regulatory bodies already published warning against this company. Also, their CEO got arrested last January. How do you think to trust a company whose CEO has got arrested due to an Unregulated business issue?
What kind of currency pair do they offer?
Affiliates may only promote Xifra Lifestyle affiliate membership; the company offers no resaleable goods or services.
Xifra Lifestyle affiliate membership includes a variety of dietary supplements:
CBD Plus and CBD Premium – CBD oil
Male bedroom enhancer Strong
detox supplement +DTX
Weight-loss supplement Gen-X.
You can find several phone numbers on their website to contact them. When you will get in touch with them they will provide you with all the info about their scheme and will try to influence you to invest.
Trading Method (MT4 or MT5)
Affiliates are only allowed to offer Xifra Lifestyle memberships since the company does not provide any items or services that may be retailed.
A Xifra Membership provides access to a wide range of dietary supplements, including CBD oil, a male enhancement supplement, detox pills, and weight reduction goods.
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What Do Traders Think Of My Xifra Lifestyle?
We learned from our study on investing forums and social media that some people had negative experiences with Xifra Global/Xifra Lifestyle and left conflicting opinions about it.
You should think twice before investing since it seems like Xifra Global/Xifra Lifestyle is an unreliable investment company.
What To Do If You Get Scammed?
If you get scammed in the Xifra Lifestyle scam, submit a report to us. We will evaluate the case and will provide you with a free consultation to get the money back from the company.
File A Complaint Against Scam Broker's
Regarding the company and its owner, to name a few things, there isn’t a whole lot of information accessible. Although the business employs a “George Goodman,” that CEO has fallen short of his commitments.
Additionally, there is little chance of producing money in this situation. Members are expected to contribute and gain even though the trademark has been registered. As a result, it is hard to determine whether their trading and investing activities comply with relevant legislation. So in the end, they could simply be pulling off a massive con.