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Forex Review

Forex Scams Brokers | Fxclearing.com is a BIG SCAMM WITH FAKE REGISTRATION.

https://www.fxclearing.com/ (FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.


Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Fxclearing.com Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

While searching online about GFX Securities’ regulation status, we found a large number of negative reviews about this broker from traders who had used its services. The biggest difference is that with the MT5 platform, you can trade in multiple markets from a single account. Instead of wasting your time with just another scam, check out our list of the top regulated online brokers. On the 26th of March 2021,i registered with this company after being made to believe that will get profits in some few days. I deposited forex scam usd$106 into different web wallets. To my surprise the guy on live chat called Jim asked me to deposit more money of which i declined.Upto day i can not see my account. After requesting a withdrawal, the broker asked me for more commissions and I can’t manage to get the withdrawn money. DO NOT trust the ridiculous claims by the scam brokers. Instead, check the list of scam brokers and stay away from them. To be fair, a large number of forex scam cases are a result of weak trading and not scam brokers.
FXCL Review Conclusion
I have joined many of these and I know exactly how they work. If I made money, does that mean they are trading? Because I know that you can really make money with sits like this. This is not a toilet cleaner or a vacuum we are trying Okey. It’s a money-making opportunity that is no different than the hundreds of others that have come and gone over the years. Do you really think I can put in $1k to every single one of these types of sites? There is no “trying” of anything but rather understanding what they are about and how they work. It sure is possible and usually what will happen eventually. It’s a very simple, yet complicated type of site that requires a little bit of knowledge to understand what it is that you are dealing with. I am sure that with this review though, you will get exactly that.

What You Should Look for in FXCL?

The higher level of the pyramid you are, the more money you can earn when new recruiters join under your subordinates. This kind of investment does not actually create any value to your portfolio; rather, you slowly become a broker from the forex scam list. It is just taking money from other people and pass to a higher level and continue forex trading scams. Checking the fake forex brokers list for these people can save you a lot of pain and trouble. They can do this or, they can open an account for you with a shady broker who is not regulated, and after two or even one trade, they will wipe out your account. Every time scammers get exposed and enlisted to the list of scam forex brokers, they invent new ways to lure people’s money.

| Primeminingbroker Review | Don’t send any more money to Primeminingbroker before reading this Primeminingbroker Review. There are some categories that are crucial, such as regulations and fees, and others some consumers may be willing to compromise on, such as education and tools. The choice is yours, but keep in mind that the first two categories are the most important when it comes to staying safe from broker scams. Interestingly enough since the pandemic companies and individuals alike have started inviting people to join them in passively investing and giving out a fixed percentage . CFX may have lasted for a long time but that’s due to the way its payments are set up. With the comments coming in about payment issues, we shall see where things are next month. As far as success stories, you’ll find them in Facebook groups and whatnot but it doesn’t usually go public because of the nature of this type of business.

Forex Brokers Lab

Inactivity fees are normal, but if they are close to $100 for just a month or six weeks without trading, that is often suspect. Most consumers will read a review before making purchases on eCommerce platforms. It is perhaps even more important to do a careful check on brokers before signing up for their services. When you sign a contract with a broker and deposit your money for trading, you are giving them your trust. Do not sign up with a broker until you are certain this type of trust is warranted. They have no licence to trade and as you said, if the traders were really making that return on trading, they would keep putting in their own money instead of giving it to others. It seems to be a MLM company and using everyones deposits and packages to payout. As there are many days in forex when there just are not any trades to be had, even by the most skilled broker.
scamers
While choosing your broker, make sure that the broker is registered with the financial regulatory authority of its country. These bodies have the role of controlling these brokers and attend to you if you were to ever file a complaint against any injustice done to you by your broker. The brokers are answerable to the regulatory authorities or they stand a risk to lose their license to operate. But then, I don’t blame these people as much as I blame you for trusting them. Internet is very much like our own real world where you find good people as well as bad. It will only be your greed or your impatience to drive you to the bad ones. Control your greed; you just need a little bit of extra money, so invest only with the reputed leaders like XM or AVATRADE. You got to know that to survive, you can do with less profit also but if you lose all your money, you can’t exist.

FCA Regulated Brokers:

It is a scam and a Ponzi scheme and it’s going to come crashing down. Every platform that’s uses Bitcoin as their currency in buying packages is running away from FCA Regulations since Bitcoins in not owned/Regulated by anyone. No one knows the volume of Trades placed with Everfx. Trading never guarantees constant gains everyday. Any bad publicity will cause panic which will collapse the system in no time. I have noticed that most Social Network platforms used are locked from free https://www.fxclearing.com/ commenting, mostly managed by admins. A site promoted as legit by a reviewer but I doubt it from my initial contact with the front door guys .Get behind the front door and Bitcoin Systems is never mentioned again . I cannot even have confidence in sites like trust pilot as its quite easy to see it is being taken over by some scam sites themselves with false reviews etc. You won’t necessarily lose money Vennard but the owners will definitely make a lot just from those fees.

So, it would be great if you know the basic types. Nevertheless, there are four types of broker scam available. Our thorough in-depth review of the brokers FXCL finds, that they give investors just a simple web-based trading platform called Panda. This trading software is very simple and easy to use for beginners. It is basically designed for a new online investor, that can’t figure out how to use the advanced trading platforms like MT5. They do not give you the option of using MetaTrader4, and there are no mobile apps available either. None of the information in this review is accurate.

Unattractive Demo Spreads

FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. Trading Forex, CFDs and other leveraged derivatives is considered a high risk investment and may not be suitable for everyone. We do not provide investment advice and the bonuses or promotions offered by brokers are listed for comparative purposes only. Please read our Terms and Conditions and Privacy Policy for more information, and NFA’s Forex Investor Alert. Furthermore, with your education, if you can identify a scam, don’t forget to report forex scams to the proper authority. When a broker offers a lucrative service, you should ask for proof. Relying on the brokers’ presented data can be vague. Hence, you might ask for more proof of their claims. That’s how you can protect yourself from the list of forex scams brokers. If the broker can produce reasonable proof, you may get convinced.
FXCL Fees, Commissions, Spreads
It clearly means they fall it to make me lose my money. Before this was happened i already put the withdrawal request which they are just saying that it is under review. EToro is a multi-asset platform which offers CFD and non CFD products. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

FXCL Gold Account

Some brokers even share their license certificate as PDF. However, it is not clear whether GoldFX is licensed or not. According to the broker’s claim, it is regulated by the kingdom of Cambodia. However, it is not mentioned that the broker was ruled by the king himself or by a dedicated government institution. GoldFX is a Cambodian-based forex broker, also known as GFX. Although the company is based in Cambodia, they accept customers from all over the world. Unacceptable countries are listed in the footer of the official website.

  • CFX may have lasted for a long time but that’s due to the way its payments are set up.
  • The first red flat we noticed was that nowhere on GFX Securities’ website did we find any information about the broker’s registration status or details.
  • Sometimes companies will allow you to use your preferred broker or use their broker as they receive commissions from the broker.
  • As long as newer members are coming in, the system will be able to pay its members.
  • I’ve made money, lost money, and of course, I’ve seen the many changes.

Fund Recovery experts can help you determine whether your broker is a scammer or a legitimate broker. It is recommended not to make any investment decisions without reading the Fast Finance Uk Limited reviews or the rulings of professional Fund Recovery experts. The best way to avoid this situation is to spend some time reading Fast Finance Uk Limited reviews, which can help you make the right choice. For a trader, it may be a bit difficult to invest a moderate amount of capital in the market based on his own ideas about what he is going to do.

However, the real broker will never show your urgency. So, if you feel any urgency from a broker, it is likely to be one of the scam brokers. So, take as much as education on the forex market, currency behaviors, news reports, etc. By learning the trading, you can surely verify all those bold claims by the brokers we have mentioned earlier. They ask you to send them an investment and then sit back and enjoy returns. If you send the money, you will never see the return. If you call, they will say they have never heard of you and never got funds from you.

  • When it comes to legitimate brokers and their commissions, fees, and spreads, every potential client has to ask themselves what they are comfortable with.
  • If you are currently investing at FXCL, please share your experience with other investors, in the comment section below.
  • Just for your information, the market average for spreads ranges from 0.5 pips to 1.5 pips.
  • You can start trading with a minimum deposit of ONLY $10!

We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky