IndianXM
We checked IndianXM against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
IndianXM does not appear to be a legitimate broker. Firstly, the maintenance of IndianXM's website is questionable. There is an unusual blank space on its homepage, and the links provided on its website, such as "Contact" and "About", are non-functional. Secondly, this broker purports to be registered with the Seychelles Financial Services Authority (Seychelles FSA). However, we have been unable to locate any corresponding records on the Seychelles FSA Securities Dealer Register to validate these claims. This suggests that the regulatory information provided by IndianXM is false. In essence, IndianXM is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. IndianXM appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report IndianXM.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.