Review summary
XCOQ (operating as XCOQ CAPITAL SERVICES LIMITED) is a forex brokerage registered in New Zealand, with an operational history estimated between 5 to 10 years. According to WikiFX data, it operates without any valid forex trading licenses or credible regulatory oversight, classifying it as an unregulated entity. Its regulatory status is listed as 'No Regulation' with a WikiFX score of 1.62, indicating a severely deficient compliance profile. The broker holds an unverified Australian reference license listed under the corporate name TOP 500 SEC PTY LTD, which is not directly associated with its primary business. Public exposure highlights significant issues regarding withdrawal delays and unmet payment commitments from clients. Trading platform and detailed transaction specifications are not disclosed by the broker. Investors considering this broker must acknowledge the fundamental risks inherent in dealing with an unregulated offshore entity that lacks authoritative financial supervision. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-02)
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
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
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
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For more than two months, they said seriously that the money would be withdrawn successfully at the latest on December 15th.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
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
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