(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 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!!!!!!

Exaggerated returns on tiny investments are a common indicator of a Forex scam. When trading in Forex, promises of large and/or guaranteed profits are a significant red flag. Because returns are contingent on an exceedingly volatile market, these “guarantees” are practically impossible to forecast. This is why, while courtesy is always appreciated, a good broker should always handle oneself professionally with clients. Reputable Forex brokers should never discourage their clients from self-educating themselves on trading or the Foreign Exchange market in general. A further tactic employed by sham brokers is to discourage their clients from learning about trading and instead push them to rely on the broker’s expertise and make their own decisions. They have the ability to make judgments on behalf of their customers that are not in their best interests.

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  • They do not give you the option of using MetaTrader4, and there are no mobile apps available either.
  • There are some basic indicators that everything isn’t right, such as a success rate of more than 90%, a lack of tangible proof, excess returns, and so on.

Sometimes they don’t even understand the basics of the Forex market. However, not everything is clear to a beginner trader who has not studied economics or finance. As a result, a person registers up, makes a deposit — and now comes the most intriguing part — and there is technological deceit. Most brokers have accounts that differ depending on the amount of money being traded. They can also offer perks such as lower commissions or spreads for high-volume traders. You can also use our listed Fund Recovery companies to get your money back from FXCL. If you have lost your investment in the FXCL scam, you can contact us using a chatbot. However, if fees are the main way the broker is making money, that is often, but not always, a negative sign.

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The combination of internet/retail brokers has made trading possible for anybody, anywhere. This has made it possible for everyone, regardless of skill level or financial resources, to invest, creating opportunities for both respectable brokers and scam artists. Foreign exchange fraud is defined as any business approach intended to mislead traders by convincing investors that trading on the foreign currency market will result in large returns. The foreign currency market is a zero-sum game, which implies that while one individual profits, someone else suffers. If you find this FXCL review helpful, be sure to share it with your loved ones so they don’t fall into this type of scam.
More often than not, this is due to lucky timing rather than a strategy or trader that can outperform at such a significant level for extended periods of time. FXCL Trading platforms, tools and educational resources are a vital part of the trading experience. Most brokers offer a selection of MetaTrader 4, MetaTrader 5, and a version of the WebTrader platform. Some brokers offer only their proprietary platform but look closely if this is the case. The second crucial category for inspecting a broker are fees, commissions, and spreads.

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However, it does not take a black swan catastrophe to drive brokers out of business. There are many people who work on the outskirts, appear to be legal, and then disappear the next day. Furthermore, there are many brokers who are legally compliant but do not act in the best interests of their clients. So, with that in mind, let’s go over some of the warning signs of a broker scam. Potential investors can also try the FXCL trading platform for free, and then make the final decision by opening a free demo account. Like all leading brokers, FXCL provides customers with a series of account types to meet the different needs of different types of traders, from beginners to professionals. Many high-quality proprietary broker platforms can provide an excellent trading experience. Traders should trade with well-regulated brokers and reputable brokers. We recommend that all investors and traders avoid Fast Finance Uk Limited and other Vanuatu brokers. Vector Securities Investment Company provides a comprehensive range of financial services in the forex markets to its clients.
FXCL Bronze Account
Smart investors always try out a few Forex brokers, before choosing which brokerage firm to use. You can see they offer CFD trading on many underlying assets including; Forex, Commodities, Crypto, Shares and Market Indexes. Minimum deposit for a new trading account should be $250, but they account types page shows otherwise. offers the latest technology and data recovery services to identify and extract data from computers and other digital devices. GFX also states that if your account is unfunded for over 60 days, then your account will be closed – even if it has a balance remaining. The broker also states that they can close your account at any time without providing a reason or giving you notice. This is a huge red flag since brokers that are legitimate do all they can to ensure that your personal information is protected.

” and that can guide you towards figuring out whether a broker is legitimate or a scam. Since we mentioned that third and fourth-tier regulators have minimum requirements and are not strict about oversight and inspection, it is worth considering the type of license a regulated broker holds. The higher the tier regulator, the more accountability the broker has and the easier it will be to handle broker complaints. The regulator is like quality control for brokers and without oversight, a broker can get away with dodgy practices. However, in view of currently applicable restrictions in Belgium, the contents of this website are not addressed to the Belgian public.
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When you deal with an unregulated broker, you are essentially taking the corporation at its word. Different countries have different agencies that supervise the activity of financial services companies in order to avoid fraud. The Cyprus Securities and Exchange Commission is one such agency . To register with the commission, a firm must demonstrate that it has at least EUR 730,000 in capital to assure long-term stability. This rule states that a broker is not permitted to freely access client accounts and “borrow” money from them.

You may expect anything in life, and even if you take measures, you may end up getting cheated. If this unfortunate event occurs, you must contact Global Payback as quickly as possible. The Global Payback is a money-recovery firm that has been in business for five years money stealers and is well-versed in dealing with con artists. Most professional traders suggest our firm, and you may even contact us for advice before registering with a broker. When looking for a possible forex broker, traders must learn to distinguish between fact and fiction.

A number of unregulated brokers, like Tenkofx, have been accused of defrauding customers. If you have lost money in the Tenkofx scam, you can contact us through a chatbot. Please visit our contact page if you have been contacted by scammers. We have considerable expertise working with regulators and brokers and can assist you in filing an effective claim. If you come to the following one with Tenkofx, you have most certainly been defrauded or are involved in a scam.


Ponzi schemes generate profits for previous investors by attracting new ones. This is comparable to a pyramid scam in that both use new investors’ monies to pay off previous investors. Most Ponzi scheme scammers do not actually engage in the Forex market; instead, the money is cycled internally, with earlier “investors” receiving stage returns that do not exist. Because of the ongoing and expanding membership of “investors,” some of these Ponzi schemes can continue for years. The harsh reality is that trading does not become second nature overnight. Many experts require years and often numerous blown-up accounts before they can consistently earn a profit. Sure, there are many traders looking to earn quick money in the market.
FXCL Bronze Account
HYIPs are the most complex type of Forex Ponzi scheme since they frequently pay investors’ interests or ensure a high return on their capital using new investors’ money. The saddest effect of this type of Forex Ponzi Scheme is that those who invest are very driven to involve friends and family members, who are then duped. Maxi Markets is suspected of providing financial services or products in the United Kingdom without our permission. Learn why you should be wary of doing business with this unlicensed firm and how to protect yourself. All firms and individuals in the UK who offer, promote, or sell financial services or products must be authorized or registered.

We have some information about owner of (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky