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FX Trading Ltd Review
FX Trading Ltd has been lying to investors by guaranteeing results. Then, when the time comes to withdraw, no member gets a chance to earn the ROI. Here’s more in our detailed fxtradingltd.com review.
FX Trading Ltd (fxtradingltd.com) claims to be an all-out asset investment platform. We see a platform that tries to dazzle investors with many investments. However, think twice before you believe in assigning your wealth to the platform. Already, there have been several complaints from members of the platform. These members complain the platform locks them out of their funds. Learn more in our exclusive FX TRADING LTD REVIEW.
NOTE: We recommend investing in proven platforms that highlight the best out of trading when investing in forex. Go for forex trading robots that enjoy the backing of experts and the trading community. These robots are what experts use to stay ahead in the forex arena.
About FX Trading Ltd
FXTradingLtd claims to be a UK-based company providing a comprehensive range of investment styles. Thanks to its wide array of investment strategies, the platform boasts of having over eight years of investing.
Such platforms will try and sweet talk you into pouring your wealth into their schemes. The platform in question will also claim to help others before you earn immense wealth. When you get a call from one of their agents, you feel unique and in safe hands.
The overview page seems to paint the platform as a well-known investment platform; Truth be told, no investor in the UK has heard of FX Trading Ltd. For all we know, it could be an offshore-based investment platform.
We have seen plenty of such platforms before. Each boasts of boosting your revenue as soon as you sign up. The investors who make a mistake end up losing their entire investments. As fate would have it, the platform targets investors who want to make a fast profit.
The platform claims to have several offices in over 22 countries. If that were true, the platform would have some positive feedback from investors. But unfortunately, there’s nothing to show that the platform does indeed provide the listed services.
As an investor, you need to tread carefully regarding online trading. You need to research a platform before signing up. It will help you make a more informed decision on whether to sign up with the listed platform. Failure to do so, the platform will take you for a ride.
Advantages and cons of FX Trading Ltd
You have to weigh the pros and cons of any investment to determine its viability. That way, you get to mitigate the risks and decide whether to move forward. And this is where we come in, as we protect investors from such risks.
Exposing such platforms ensure newbies don’t fall for the sleek website and sales pitches. We help uncover the red flags found on such platforms and help determine the truth. That’s why we have to expose the platform’s risky features.
Let’s take a closer look at the pros and cons of fxtradingltd.com;
FX Trading Ltd offers four investment plans to choose from. These plans include PLAN A, B, C, and D. Each of these plans comes with distinctive features such as a fixed return on ROI. And that’s where we start exposing these false accounts.
Here’s a closer overview of each plan;
The platform claims that Plan A is suitable for basic earners. You get an account promising a guaranteed 5 percent weekly ROI. The minimum you can invest is $25, with $20,000 being the absolute investment amount.
It’s suitable for professional traders, according to the platform. There’s a 7 percent weekly guaranteed ROI with the account. Investors must deposit a minimum of $20,000 and a maximum of $100,000.
You have an account that the platform claims is for high earners. The platform guarantees a weekly 10 percent return on ROI. Members have to deposit a minimum of $100,000 and a maximum of $1 million.
It’s different from other plans as the platform promises an NFP (non-farm payroll) type of account. In addition, there’s a guarantee of making 35 percent each month with this account. Finally, the minimum you can deposit is $100,000, with $1 million being the absolute maximum.
Something is missing with these accounts. These accounts don’t highlight the truth when it comes to investing. No expert or robot can claim to guarantee results, primarily when investing in the markets.
With market volatility, prices drop or rise without giving any indication. And thus, every investor is bound to make some losses. And that’s why guaranteeing ROI after s short vesting period is not enough.
The vesting period is also not viable in the trading world. Even with cryptocurrency investing, the minimum vesting period is three to four months. Any platform claiming to offer a lesser period is lying to investors.
There’s also no indication of available trading features on forex assets. So investors are signing up blindly, not knowing the acceptable leverage and spreads. And that’s why we have to expose the store’s point of view.
Affiliate and referral bonus
The platform avails a referral bonus program to get as many investors as possible. Once you become an affiliate, you earn a 5 percent bonus on each member you bring to the table. And that’s where things go wrong for affiliates.
The platform doesn’t release the bonus, and you direct close loved ones to a scam. You face the blame as the platform will soon shut them out of their investments. The law will consider you an accessory to online fraud.
Assets and trading instruments
There are five classes of trading instruments available on the platform. These include commodities such as bonds, crude oil, natural gas, etc. In addition, you also get to trade cryptocurrencies paired against each other and leading major currencies.
Forex trading plays an integral part in the day to day trading. Unfortunately, the platform insists on pairing major and minor currencies. Too bad that there’s no mention of available spreads or minimum leverage on these assets.
Indices help day traders earn profit by trading on the world’s biggest stage. Sadly, the platform will take over your account by promising a considerable ROI each week. Such indices to find include DAX, Dow Jones, and more.
Lastly, we have shares from leading companies from all sectors. These include shares from companies such as Amazon, Apple, Google, Netflix, etc. You get to own a piece of a company for a limited time.
As indicated earlier, the platform remains anonymous. Despite claiming to reside in the UK, there’s no business registry of the platform. If the platform were that successful, investors would have heard about it.
The owner would get some recognition from the community. However, that’s not all, and we would know some of the staff members working for the platform. Unfortunately, there are no such names available for members to engage with.
And this makes it impossible to recover funds from such a platform. Hiring recovery agents won’t do much good. Some of these agents are part of the bigger scam. Hiring them doesn’t help as funds are usually stored in offshore bank accounts.
Compliance, license, and regulation FX Trading Ltd
FX Trading Ltd is not a licensed or regulated platform. The platform doesn’t hold any valid license for investors. There are no valid certificates to indicate there’s any compliance. So please stay away from it or else lose your investment.
There’s no way we will recommend that you invest with fxtradingltd.com. So please stay away from it.
PS: Choose forex trading robots with integrity. That’s the only way to stay safe with forex trading.
Do you have anything to add? Please drop a comment or email us with any queries.