5 Common Forex Scams & How to Avoid Them | Fxclearing.com is a BIG SCAMM WITH FAKE REGISTRATION.


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
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

However, there was no company or brokerage by that name. In GFX’s case, the only reference that the broker has to regulations is in its Terms of Use section, where the broker states that it follows the regulations of Cambodia. The financial services market in this country is overseen by the Securities Exchange forex scam Commission of Cambodia . Foreign exchange, precious metals and over-the-counter contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes.
FXCL
Verify their statements before bestowing your faith on them. Don’t find a remote based some-‘Cyprus’ or ‘Panama -City’ signal provider who you don’t even have any access to. Find a provider in the nearby locality so that if things go wrong, you can at-least kick his ass. First things first, let’s begin our review with the license. It is a single most important aspect of any broker review that helps us uncover the real face of a broker. Zeal Capital Market Limited is part of Zeal Group, which does not accept or offer any products to Hong Kong residents or public.

Forex Trading Chart

There was a group of us that swapped ideas using different technical signals (there’s so many, but we used a lot of them in several different scenarios). Some of the plans worked well…until they didn’t. Long story short is, after 7 years I wasn’t good enough or couldn’t commit the amount of time required to show consistent success. Bottom line is…if we had finally found the golden method to produce 1%/day returns, there is no way we would have shared this with anybody. We would have milked it as long as we could have until we made so much money that it got boring and then we would have spent our remaining years on the beach. I know there are smarter people than me making a living off of Forex , but it’s a lot of work and takes a lot of effort. And no one can consistently make 1% a day or better. Timing is everything, make what you can in Cash FX Group and just hope that you get out before it ends and you lose everything…hello there Bernie Madoff. Do you really think that some millionaire would want to “help” you make millions by charging you such a low fee? Well I think I have gone over that enough and I’m sure I know what I’m talking about.

Cryptocurrency and trading is the hottest thing right now though, and that’s why you’ll see them all over the place. The commissions off the trading is where they make their money. That higher payout made you quick cash, but in just a year, the business eventually collapsed. Cash Forex Group may be paying now, but there is no way that this, or any other company of its kind, will last. There are many other packs in between those figures, and all offer a different return of investment . I mean, even if you were to start an MLM business, they would still tell you that you don’t need to recruit.

FXCL Trading Products

Are a sort of subscription to get selling or buying alerts for the forex trading market. Scamming through the forex signals is almost identical to the forex robot scam. The only https://www.fxclearing.com/ exception is that you have to pay a regular subscription fee to buy and sell the alerts. Like the robots, signal scams required some kind of discretion from the trader.

  • And yeah, EverFX earns money too whenever you trade using their platform.
  • The forex robot is basically a computer-made algorithm that is programmed in a way that can do trading-related jobs on behalf of the traders.
  • Before, payments went as high as 5% daily that people made more money at a much faster rate.

That’s all I want you to explain John, not what you think you know about CFX or making money online. Well as you muted MTI went down at the end of 2020 – 200,000 members lost their bitcoin overnight. From what ur saying any sort of network marketing or MLM business model can not be a support system to an existing proven product. Isn’t that true for any business that it would fail if no customers are joining. This is nothing but a clickbait site to try to steal marketshare.

Master the markets with FXCL

Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences. If you read all this carefully and give it a thought, it can save you some three years of failures and probably thousands of dollars as well. There could also be times when you might feel tempted to start a fake website of your own. Its easy money alright but remember, it comes at the cost of your peace of mind. There is no way a person gets away with a crime as the world is run not by these forex crooks but by the God who has very cleverly set the norms to life. Don’t mess with the rules, you live your life easy, simple! Let all the problems go to these crooks, you sleep easy, and that is Justice. Second point, a clear NO-NO to a ‘$97’ automated robot. Please remember that if a robot could really earn the kind of profits that they’ve displayed, then they wouldn’t sell that robot for that low-a- price.

It was really divesting and heartless losing all my fortune to this company during this pandemic. I couldn’t bear the loss so I had to search for a way to get my money back at least something. I expose this broker as much as I can so I can help other victims or intending victims out there. The pro-level scammers sound confident about trading and show a good knowledge of particular trading activity as well as alert you about forex trading scams. As a result, you become confident about your investment and fall for them. Usually, this technique makes you understand that they are doing you a favor by offering you the investment opportunity, and you are lucky to have them. Normally, this kind of scammer doesn’t show any kind of urgency.

Brokers

You just need to verify them properly before signing up. Checking the regulators will help you to keep yourself away from the Ponzi or pyramid schemes. Below is more detail about protecting from the fraud broker list. It is another way to identify fraudulent behavior. Persistent and unsolicited marketing falls under this. If you see some broker push you to purchase a service or a product within a short period of time and information, it can be a good sign that the broker may turn out as a scammer.

  • GFX requires you to make a minimum deposit of $1,000 to open a basic trading account with them.
  • Metatrader 4 Is The Most Popular Platform For Trading On The Forex Market.
  • I have joined many of these and I know exactly how they work.
  • And I said that they deduct the $1000 Level upgrade from my suspended $5300 profit.
  • However, the true regulated broker allows you to track your fund in the managed account.

Again, no investments in any lucrative schemes with over 100% returns a month. So they start schemes without realizing that trading with public-funds requires a different psychology and a different-level experience. It’s only after losing that money that they realize that they had acted sooner than time and they now owe a lot to people. They have no other way than disappearing for the moment till people forget. Then they said before I get my profit, I have to verify my id first cost $400 before I get my profit. I asked them if after i paid for verification, can I get my money? They said yes,but after that, they send email again that I need to pay OCC worth $800, but i paid only $500 because Eric Frank said he will lend me money to complete the amount. He lied,Margaret Moana the Ceo, asked me how much I paid for OCC? Eric frank instructed me to tell her i paid $100 only, so means they are doing fraud already.

*Information not comfirmed*


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