We have warned about the offshore broker InvestXE (www.investxe.com) several times in recent months. Our analysis has shown that InvestXE operates illegally in Europe and North America. Probably InvestXE is also a scam. On 15 Sept, the FMA in New Zealand issued a warning against the PandaTS white-labeler broker mutation InvestXE. On 17 Jan 2022, the Spanish CNMV also issued a warning. Trustpilot has also issued a warning against InvestXE for fake reviews. Stay very far away.