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!!!!!!
Usually, this kind of robot is based on a computer system that finds a trading strategy from the past and shows you an opportunity to make a profit. But, actually, the robot is sending you the info happened in the past. As a result, you will be losing money in terms of investment. To stay safe from the robot scams, make sure you check the fake forex brokers list here on this page before jump for any lucrative offers. Forex trading scams usually mimic the sales approaches of a reputed broker or investment firm. Thus, it becomes difficult to identify who is real and who is included in the fake forex brokers list. But the contacting method of the forex scam list and the real broker remains the same. Therefore, you may get a phone call, email, mail, or even a referral.
Finally, we have the section dedicated exclusively to MetaTrader trading platforms. MetaTrader 4 and MetaTrader 5, are the places where you will be placing your trades, following the market’s behavior and everything else that goes along with this. ForexScamBuster.com will show you everything there is to know about them, so that you are able to utilize all their tools and be the most efficient trader possible. You will learn the differences between the two and see for yourself why MetaTrader 4 is still more popular than its younger brother. Now, if you are a beginner in this type of trading, you will want to learn the basic tricks of the trade before you start trading for real with your hard-earned money. As we have already mentioned earlier in the article, proper preparation is very important, especially if you’re new to all this. At ForexScamBuster.com, beginners are particularly precious to us because we want people to see what this type of trading is all about and how accessible forex actually is. Forex Beginners Guide will provide you with excellent, user-friendly materials written by some of our finest analysts, and pretty soon you’ll be more than ready to begin your trading career.
Forex Trading Scams
Traders‘ failures are then explained by trading software errors, bad market conditions, or any other reason. Since the broker is not regulated, the trader is not insured and claims never help to get the money back. Some signal providers offer you trading signals, but only if you sign up with a specific broker. Usually, such sellers send you any signals for you to participate in trading regardless of the success rate. There are some, who are interested in keeping you profitable, but their number is small. Forex Robots scammers back up the legitimacy of their robots with tremendous profits and lull the trader into a false sense of security only to make him/her end up broke. These claims are usually based on a very narrow window where the particular robot was successful and not on a long term use of the Forex robot.
— onestopbrokers (@onestopbrokers) June 8, 2018
Due to globalization, any broker can operate anywhere in the world. So, the offshore robots or the brokers that are created through unnamed entitles are likely not to be regulated. This means you may not get full support from them in case of technical difficulties. And if they turn out to be forex scams, you will not get your money back.
Top Blacklisted Forex Brokers You Should Avoid
It is nearly impossible to recover your money from scammers. If you get scammed, the only thing you can do is report forex scams to the regulatory body or proper authority. Thus, the regulators can alert the traders and brokers about the scamming organization. However, in some cases, your money might get recovered if the authorities can find the scammer. Furthermore, with your education, if you can identify a scam, don’t forget to report forex scams to the proper authority.
Since you came to know about the forex scams, you already have a significant idea about the forex market. Therefore, you should know that forex is extremely volatile, and it can be changed through too many factors. 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. Forex brokers should not promise returns at all, small or large. Simply put, if a broker is promising to make you money, it is a scam.
They create fake but attractive websites to trap traders and disappear quickly after looting their money. Sometimes they even duplicate whole trading platforms, and even professional traders can’t differentiate between a genuine and fake platform. And sometimes they create Pyramid schemes, and traders unknowing drag their friends as well in this fraud. Through the profits from previous forex scams, they take posh offices and decorate professionally and introduce themselves as a reputable investment firm.
- If your broker is licensed by ASIC in Philippines, go here to submit a complaint to AFCA.
- In the U.S., look for brokers registered as a Futures Commission Merchant with the CFTC and an NFA member.
- A freelance writer who has been regularly writing for BrokerXplorer since 2020.
In a market where over $6 trillion moves daily, there are bound to be people who want to take advantage of honest traders. Many scam brokers offer automated trading done by a robot or https://www.fxclearing.com/ algorithm claiming to make you money. These brokers claim their robots trade off signals to generate money for you. Often, these brokers focus on cryptocurrency or binary options.
They have since stopped all communications and their website is not working as well. I then asked them to stop trading my account which they didn’t. I then asked them to close account and return my money which they didn,t do. They are not paying out ANYONE and keep postponing payout dates . I asked them for my first withdrawal of money 1 month ago and they do not respond to my mails, I do not have any technical support and support in this regard.
I was watching the market on google while i was away and the price of the instrument i traded was up by 21.5% – way above the “take profit” position that i had scheduled. I assumed that my position was automatically closed by then. FOREX SCAM Next day I received an email from them asking me to validate my account. Documents were submitted from my side and an email confirmation followed from their support team. Basically, I’m confirming that mt4invest.com is a scam.
*Information not comfirmed*