Fxclearing.com Singapore | 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
639776459387 / 639155292409

Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines

James Tulabot
Team Leader

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines

Virgilito Dada
Account Manager

Elton Danao
Sale Manager
639175048891 / 639991854086

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

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

I just don’t want to send anymore more money without confirmation they are not a scam. Speculators who trade without skill are playing against the whole market, which has near-infinite capital, and they almost always go bankrupts because of this lousy strategy. If the offering is validated by the regulated exchange. Is another US regulatory body that works as a self-regulatory body in the Philippines to deal with forex.
Due to the rules of the EU on broker operations, European dealers rarely offer any bonuses on deposits. As part of these platforms, traders will receive free education and seminar attendance, as well as free market news and analysis at a glance to ensure informed… You must do your homework money stealers on the forex brokers and the most common types of scams. Be sure to perform your due diligence by researching any new broker carefully and closely reviewing their reputations with clients and within the industry. A good place to start is by reading the footer of the broker’s website.

Fxclearing.com STP

Another sign is if you have difficulty in withdrawing your funds and the broker proceeds to give you thousands of excuses. A forex broker is a financial services firm that offers its clients the ability to trade foreign currencies. To act as real, some advanced broker from the list of forex scams may come across to you and explain about low risk or even no risk about trading. However, most of the time, the pitcher will tell you about the low risk instead of no risk. And, it is possible that you will trust them as they give you time explaining about no risk at all. It is a simple technique played by the brokers to gain your trust. However, at this point, it is difficult to identify if the broker is included in the list of forex scams. But you can check the duration of their business and their financial statements. Further, you can also check each individuals’ details from different sources. And obviously, the regulatory body will be the first option of your source.
What is a scam on the Forex market?
They collect contacts using teaser websites, which feature promises of easy gains or additional profit. From 2014 until 2021, he worked as an analyst at the financial portals and IT companies, working on development of financial products in the sphere of blockchain and Forex. But as it turns out, cTrader is actually better for scalping. You can configure it for single click execution (with one or two clicks – mine is set to 2, because I was accidentally tapping my trackpad while intending to just hover/move the pointer). It has some convenient buttons, like double-up, or close-and-reverse, which with a single click, lets you close your position and take up the same position in the opposite direction. It will also set up a stop for you automatically, at whatever value you predetermined as default, so you can concentrate on scalping instead of fidgeting with the program. Your methodology is good, but if you are sincere in hoping to help, I do believe that you forgot to mention which brokers you have uncovered, that you refer to.

Fxclearing.com broker presents the following trading conditions:

They exploit the gullibility of the novice traders and boldly impose their products, promising pie in the sky. But, it turned out that it is a shell company without the license, or even an office. Fellow traders, please be very cautious and check all information about the broker several times, before deciding to entrust them your money. Nobody has a spare 1,000 that you can gift to scam brokers. Having been involved in the foreign exchange market for over 40 years, IG is a trusted online broker for forex trading. Its expertise is complemented with an easy-to-use trading platform that allows you to make transactions in up to 93 currency pairs. Not only is forex trading definitely not a scam, but the foreign exchange market has the largest average daily turnover of any financial market at $6.6 trillion per day. While retail forex trading represents only a small portion of that volume, it can present some fraud risks for the unaware. For a fraudster, it is a readymade market and they people exploited for their financial gain.

However, the big money also attracts scam brokers to the industry. These companies only have one target – to quickly collect as much money as possible from the traders and disappear. Reliable forex brokers will provide well-performing platforms for their clients. They may use third-party platforms such as MT4, MT5, cTrader, or build their own proprietary platforms or even do both. On the other hand, scam brokers https://www.fxclearing.com/ will not bother to pay a premium fee for a platform license, let alone dedicate their time and money to build a proprietary platform. For instance, some brokers do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more. One shady practice is when forex brokers offer wide bid-ask spreads on certain currency pairs, making it more difficult to earn profits on trades.

Some fraudulent sellers from fake forex brokers list sends the offerings to a bona fide mailing list. Usually, this mail includes an immediate pitch to earn money from forex overnight. Again, check their name and verify with the proper authority. Since you came to know about the forex scams, you already have a significant idea about the forex market.

  • By learning the trading, you can surely verify all those bold claims by the brokers we have mentioned earlier.
  • So, the Ponzi scheme act to work like that, but they don’t make any investment after getting the investment.
  • If the broker has 0-20 points, there is a risk of spam, but it is moderate.
  • But traders, particularly novices, are still prone to scams.

I buy xauusd at 1732 and within seconds it went to 1686 and i lost all the funds and it is also saying that i need to give them more money as account went to negative.. Could you believe in seconds xausud fall 48 points and after 1 minute it went again to 1732 where i bought. Then I checked the charts of legit platforms, xauusd never fall it was at 1730 only. This happened to me on 9aug evening time, i checked trading platform chart as well, it never fall to 1686. It clearly means they fall it to make me lose my money.

Is Forex Trading in Norway Legal?

These scams and frauds aim to illegally obtain personal data and money from the traders. They typically include the use of regulatory authorities’ logos, letterheads, and pages from the site. Anybody asking for personal data should be looked upon with caution. This type of scam is the hardest to determine, because, at first glance, such companies can conduct the usual business of a Forex broker and even hold a license. Their task is to make the customer fully lose his deposit through the use of scamming tactics or reduction of risk of trading with leverage. Often, this type of activity borders with scam and fact manipulation that leads to losses suffered by the customers.

*Information not comfirmed*

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