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
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409
Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
Allen Roel Costales
522 Tanglaw St. Mandaluyong City Barnagay Plainview
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
639175048891 / 639991854086
All of this persons need be condemned and moved in Jail.
!!!!!STOP STEAL Philippines MONEY!!!!!!
Hence, no one can guarantee anything in the forex, not even guarantee huge profits. So, if anyone tells you about guaranteed profit or success through the forex trading platforms, they certainly put a trap to scam. So, the Ponzi scheme act to work like that, but they don’t make any investment after getting the investment. Instead, the schemer will make payment to early investors after taking investment from other investors who invested later. If the schemer gets continuous investors, the system will run like that. But you don’t need to worry about scamming by the Ponzi schemes as we also put them on the list of scam forex brokers. Every time scammers get exposed and enlisted to the list of scam forex brokers, they invent new ways to lure people’s money. Nevertheless, there are four types of broker scam available. It is not recommended to base your investment decisions on any information presented on or originating from Fxclearing.com. Fxclearing.com is not licensed or registered as a financial consultant or adviser.
Please listen to the live hearing on the Bangladesh Bank Forex scam in the Philippines Senate. https://t.co/HyfBSYmMrL
— Dr. Mizanur Rahman (@mizanrsharif) March 15, 2016
You can easily find and verify the legal regulation certificates. Fxclearing.com and other scammers, on the other hand, will make attempts to use false data or registration in place of regulation. There is a huge difference between the two, and you should not fall for the fake company number they showcase. The founders of the shady broker risk facing closure or criminal prosecutions, which explains why similar data is hidden.
How do I know what regulatory bodies are legitimate?
To understand whether Fxclearing.com is safe or a scam, we will cover licenses, trading platforms, commissions, and more. Fxclearing.com is a foreign exchange broker, based in Seychelles that provides various online trading tools. In this in-depth review of Fxclearing.com, our online broker research group covers some of the most important aspects to consider when choosing the best broker for your online trading needs. We’ll dive deeper into this Fxclearing.com review and assess how the Fxclearing.com platform is performing as an international multi-asset trading platform for traders in 2022. We have tried to explain as clearly as possible the subtleties of financial trading through the Fxclearing.com platform. It is possible for a trader to be as informed as possible before starting to use Fxclearing.com trading tools, and to deposit and withdraw funds from Fxclearing.com. It is imperative to make sure you check and understand all the latest information before opening a Fxclearing.com account for online trading. We understand exactly how it feels to lose money to these scammers as each of us has been there ourselves.
- If you click around trying to gather more information you are redirected to sign up for an account.
- The main thing is to learn how to correctly analyze the market and consciously choose pairs for placing orders.
- The picture below is the bottom of 12Trader, a broker we recommend avoiding.
- We try to make sure that all comments are left by real clients of the broker.
All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations. For instance, some brokers do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more. One shady practice is when forex brokers offer wide bid-ask spreads on certain currency pairs, making it more difficult to earn profits on trades. Fxclearing.com has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed Fxclearing.com in the list of scam brokers 2021.
Your access to this site has been limited by the site owner
The person who controls your funds is unknown, and yet you expect to make profits. Even so, how Fxclearing.com manages to generate profits for you is unknown and questionable. From the first glance at the website, you can easily notice the murkiness FOREX SCAM they expose. Hence if you are still in doubt as you read this unbiased review on Fxclearing.com, you might reconsider your investment decisions. The company exposes multiple red flags that should only prevent you from investing a single dime.
So, it is important to know the types of scams and the ways to avoid them. Online trading scams start with overpromising ads and a broker’s support team that will go above and beyond to take your money. You are provided with such a service, and in the case of Fxclearing.com, a fake license, that you cannot imagine what will possibly go wrong. Yet, you will discover later on that everything was just a nice story before you are fully involved and probably prompted to add more money. If you went above the minimum deposit of $250 and upgraded your account, the broker will use this to blackmail you and never let you have a payout. Guys, its not the market, it’s the network of some people and some companies that I am against. I am talking about this network of crooks that’ve left no stone unturned to make this simple market, a Loser’s game.
Who is Fxclearing.com Forex Broker?
Often, these brokers focus on cryptocurrency or binary options. Below are snips of a proven scam broker, CryptoRobot365. Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
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. On different regulated forex brokers from all over the world. That is why we suggest not to trust any broker initially and check the forex scam list first. Instead, you can make a small investment to check them out.
Trading Accounts Type
After a few days the support team sent me email that my profit was over boosted so I have to upgrade my trading account to their suggested level up upgrade. And I said that they deduct the $1000 Level upgrade from my suspended $5300 profit. I was traded with capital of 5000 pesos last may 23, 2021.and after the trade I made my successful withdrawal of $3500. But the support team said that due to high traffic volume they suspend my profit and they said I have to pay a fee of $600 .
- The number of forex scams you can find with just a straightforward search on Google is shocking.
- It is because you may become a victim of identity theft.
- But ultimately, you will not get any benefits out of it.
- A good broker provides traders with good services in many standards, including trading tools, deposits and withdrawals, and customer support.
- After a few days the support team sent me email that my profit was over boosted so I have to upgrade my trading account to their suggested level up upgrade.
- There are multiple fake forex brokers lists that you can look through to make sure that if someone is a fraud, you know who they are.
Fxclearing.com minimum deposit is $250, and they accept various funding options. You can deposit funds with; Payeer, Visa and MasterCard, web money, Bank transfer, and Free Kassa, among others. Fxclearing.com does not have a refund policy for customers to claim back funds upon a certain time. Additionally, Cryptocurrencies and wire transfer options are irreversible. You can request for chargeback up to 540 days after deposit. Examination of a forex robot must include the testing of a trading system’s parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should do some research before putting money into one of these approaches. An old point-spread forex scam was based on computer manipulation of bid-ask spreads.
Scam Brokers 2021
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders. Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes. Fxclearing.com is an online trading brokerage without a regulation based in Seychelles. https://www.fxclearing.com/ You should avoid Fxclearing.com forex broker and similar brokers such asIqToro, andAssetDex. Our Fxclearing.com review showed that they are an excellent choice for automated trading solutions. Our Fxclearing.com review showed that they are a great alternative to automated trading solutions. Another problem for financial intermediaries is related to the security of trade manipulations.
*Information not comfirmed*