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!!!!!!
We do not present any investment advice or guarantees for the accuracy and reliability of the information. If you think the company or another is likely to be a scam, do not deal with them any further and report broker to the particular authority. In case you got already scammed, well, you should report a scam to specified authorities and better to access a specialist https://www.fxclearing.com/ to advise on your following steps. A further scenario will go to an attractive offering in quick and high gains with no bother. Always ask for a track record of verified stats from live trading accounts, so you can assess their capabilities for yourself. If the business you are dealing with is on the warning list, needless to say, you should avoid them.
just found out my family fell into a forex scam in the philippines 😫 this is why i will never
— m🍒 (@HSHSLINGINGSHR) May 29, 2021
Update it to the latest version or try another one for a safer, more comfortable and productive trading experience. An authentic organisation would understand your desire to learn more about them and the specific person who would be managing your funds, whereas a con artist would deny your request. If you’re unsure whether they’re intending to be evasive ask them the location of their offices. If an individual is doing this you should terminate your interactions immediately, as it’s highly likely they’re trying to involve you in a scam. Similarly, if they’re not on the FCA register, and therefore not vetted by them, you should question why they would want to avoid regulatory scrutiny. Virtual assistants complete a wide range of tasks for individuals or companies. You can make a great income from this once you get some experience. You can also try to get funds back after a scam transaction. The FTC has some helpful guidelines including getting your bank to reverse the transfer of funds, and asking for refunds. Some are even unregulated, which means that they do not answer to any governing body.
How to Avoid Forex Trading Scams in 2022
Selling dreams to people who are in need could be quite easy. How hard could it be to sell a bottle of cold water to a dehydrated tourist in the desert? These people are not going to teach you anything valuable. In order to protect investors, the funds of formal forex platforms must be managed by third-party banks, and investors’ funds and operating funds will not be mixed. Therefore, you can pay more attention to the customer deposit protection provided by the platform.
- STP’s trading method puts all orders on the market and can find the best price for customers.
- This essentially means that unless you somehow know the name of the Forex company prior to seeing their advertising, you cannot find them.
- Scammers are also evolving to trick their unsuspecting victims.
- So, for example, say you purchase 1,000 Euros at a EUR/USD exchange rate of 1.18.
ForTradeis a popular broker, with a great trading platform. They are licensed and regulated in many countries, including Philippines, Canada and United Kingdom, read more. There is absolutely no reason to invest with an offshore or unlicensed broker. If you think you need high leverage or high margin rates, you are mistaken, and you will lose your money fast. Regulated by the FCA , Regafi , FMRRC and authorized by CONSOB . Very high safety of funds due to participation in two compensation funds and segregation of funds between clients’ FOREX SCAM funds and company’s bank accounts. I help others find financial freedom and success with forex trading. I’m a full-time forex trader, happily making money from the comfort of my own home. He designed a course that became incredibly popular in the forex world and has helped thousand’s of beginners get on the fast track to making money trading forex. I used to read for hours and hours, trying my best to absorb all the info I could get my hands on about how forex trading works and how I could actually make money doing it.
Fxclearing.com Trading Platforms
If you feel anything pushy and uncomfortable, you should do that immediately. Usually, the traders should have access to their funds all the time. However, some brokers may put restrictions on accessing the fund. If you cannot access your fund when needed, you might be going to face trouble. This kind of policy is a red flag while choosing the broker.
If the company is a market maker, which is technically a legal construct, then the company will make money if clients lose money on trades. Forex scams absolutely love to push their clients to deposit money into a trading account. What Forex scams seem to hate is processing withdrawals for their clients. From hundreds of stories told directly from actual victims, the single most consistent metric across the board was the following. High profit returns and before you can withdraw your profits they ask for a upfront payable commission of the company of 20%. To be fair, a large number of forex scam cases are a result of weak trading and not scam brokers. If you spent more time developing a proper trading methodology, you would become better and quicker in your decision making.
LiveFX Trader made claims that they were regulated by CySec. Cysec subsequently issued a warning regarding LiveFX Trader. We’ve also included examples below of actual Forex scams that have operated or are currently operating from these locations. Unfortunately, due to the large scale lack of awareness of the dangers of unregulated Forex brokers. Trading Scams have popped up in the hundreds and continue to be a source of scamming for criminals worldwide. If a Forex trading company is not regulated, there is very little keeping the owners of the company from closing the doors and disappearing with all of the “company” funds. A financial institution that operates without a license or regulation is definitely a scam. Every country in the world requires financial institutions to be held accountable for their handling of money and advisory practices.
We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky