Fcx-Trade Review: Fcx-trade.com A Capricious Broker

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Fcx-trade.com Review
  • Customer Support
  • Fund Safety
  • Regulation
0.5

Summary

Fcx-Trade operates and exposes so many similarities to that of fraudulent companies. Therefore they will find ways to contact you into making hefty deposits into the platform.

Fcx-Trade is an online trading platform that provides trading services to more than 150+ countries. They claim that since Fcx-Trade came into the market, a lot of changed into providing retail and institutional investors trading services. The company allows you to invest in Forex, Stocks, and Future, among other assets.

Fcx-Trade Review, Fcx-Trade Company

Fcx-Trade provides to the desert too-good-to-be-true services. Hence in this impartial review of the broker, we highlight some of the murkiness they expose. You can immediately tell they have a hidden agenda to swindle all your money from the first glance at the website.

Furthermore, you can hope to invest with these reliable forex brokers for sensible profits. Through tried and tested strategies, you will earn returns on your money. The trading world it’s not child’s play, and without proper training and education, you will hardly benefit from the niche.

Fcx-Trade aims to provide investment services to investors of all sorts. Thus as a novice trader, you should expect to find helpful educational material. Fcx-Trade does not have any webinars or video tutorials to help beginners grasp more of the trading world. Scammers also use non-helpful explanations of trading terms, and you can find similar data on the internet for free.

Fcx-trade.com Review

Fcx-trade.com brags about having a high level of transparency and guaranteeing security while investing. However, they do not reveal important information to meet the minimal transparency level. The company does not explain the kind of algorithms that its software uses.

You can hardly count on the credibility of trading tools without understanding how they function. Automatic trading is preferable to humans since they do not mix trading with emotions. Even so, it would help if you were cautious not to purchase the wrong trading tools because even the best go through malfunction.

Fcx-Trade does not provide any information about the founders and the employees. Also, the founder’s data is essential since you cannot count on directions from anonymous people. The company requires you to share personal information with them, yet they hardly follow suit.

Fcx-Trade brags about having won multiple awards, including the best broker. However, the awards they claim are nonexistent in the trading world and just a marketing strategy to get hold of your money. They also claim to have endorsements from well-known organizations such as formula 1. However, they do not have any associations with the company.

How Fcx-trade.com Operates

Fcx-trade software capable of completing trade executions 11.06 millisecond. Also, it is capable of achieving more than 7,000 executions per second. Accordingly, there is no certainty in relying on anonymous people for profits. The trading world is not a walk in the park without a proper trading approach.

Fcx-trade.com Review, Fcx-trade.com Features

Fcx-Trade operates and exposes so many similarities to that of fraudulent companies. Therefore they will find ways to contact you into making hefty deposits into the platform. You should be cautious not to fall for bonuses in the first deposit up to 100% to match your initial amount. Youan hardly withdraws the reward money without completing certain tasks reaching the set levels.

Accordingly, once you deposit with the company, specifically consider any association with them over. Scammers will orphan block you from accessing any of the services they offer. You will hardly have access to your account as well, and your money will be gone.

Fcx-Trade does not have any evidence of ongoing trade activities on the platform. The company might be making adverse trade outcomes, which does not welcome new investors. Fcx-Trade uses stock images of people who claim to be the team behind the company. They do not provide any information on their qualifications, and similar traits are common among scammers. 

Fcx-Trade software is not compatible with MetaTrader, which is well established for trading. The web platform they provide may put you across crashes and attacks from third parties. Nothing they do or say makes any sense. 

Funds Safety

Fcx-Trade does not guarantee the safety of funds, and you should not invest even a single dime in the platform. Also, relying on anonymous people puts your money at risk. Personal information may fall into the hands of criminals. Additionally, the safety of your cash should be a top priority, and Fcx-Trade shows a lot of ambiguity to prove otherwise.

The company has a demo account to which you should probably stick until they make further updates. They do not have evidence of swift transactions made by traders. 

Fcx-Trade appears to be of benefit to the people behind the company only. Also, since they do not provide any banking information, they might keep your money in personal accounts. Scammers will persuade you to wait for mysterious returns while they hide funds in private accounts.

Fcx-Trade Deposit and Withdrawal

The company does not reveal to its traders what the minimum trade amount is. Additionally, you should consider funding your account through credit or debit options. They allow you a chargeback of up to 540 days from the day of deposit. Wire transfer and cryptocurrencies transactions are irreversible.

Fcx-Trade does not have a withdrawal policy or explanation on how long similar requests take. They do not have any evidence of successful withdrawals made by traders. Fcx-Trade does not have a refund policy, and if the services they offer do not please, you cannot have your money back.

Additionally, you should have instant access to your funds. Scammers will find ways to hold on to your money while they urge you to wait for mysterious returns. Also, if you manage to withdraw money from the company, they will expose you to hefty commission fees. 

Customer Support

Fcx-Trade provides location address 34 new house city of London EC1N 8jy UK. However, during our research on the shady broker, the location information has nothing to do with the platform. Scammers will often make up address information, and you can hardly count on customer support.

You can reach them via telephone contact or right into the email. However, the main concern is if you will get any response which is hardly the case after Fcx-Trade has your money. Working; customer support helps gain more trust between you and the company. You ought to have instant responses to your queries. Fcx-Trade and providing a user-friendly interface is impossible without proper customer relations.

Fcx-Trade Regulation

The firm is in the UK from the location information they provide. Accordingly, the FCA is responsible for issuing regulations within the same region and does not recognize the platform. Additionally, it is illegal in most Nations to generate funds from the public without adhering mandatorily to regulation policies.

Thus you can count on these regulated companies for sensible returns. They showcase a commendable level of transparency, and you can easily find and verify the regulation information. Unregulated companies barely reveal the information of the founders since they risk facing criminal prosecution.

Scammers can hardly afford to pay regulation fees. Therefore they easily risk facing bankruptcy, or they can disappear with your money. Also, you should not fall for registration documents in place of regulation, and you should be able to tell the difference.

Final Verdict

Fcx-Trade is not regulated in operation without providing the founders’ information. The company does not have any past trade activities to determine expected outcomes. Additionally, you should fully understand the method of operation, and how the software operates is also anonymous.

Fcx-Trade does not reveal any information that is relevant or that makes them stand out. Therefore you should consider these reliable forex companies for a pleasing trade experience. You should warn friends and family instead of inviting them for affiliate purposes.

 

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