How to spot a forex FX trading scam | 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!!!!!!

You may come across forex funds that promise guaranteed returns on your initial investment. Fake funds will boast abnormally large annual returns that seem very enticing. But, as the adage goes, if it seems too good to be true, it probably is. Because there is no one universal currency, there must be a way to exchange the equivalent value of one currency for another. Never miss an opportunity to learn and grow as a trader.

They blow through their first trading account and get discouraged, think their brokers are sabotaging them” Felix De Vliegher, 10+ years Forex trader. Always verify the broker’s registers before dealing with any firm and check on their reputation, as well read Forex Brokers reviews. Probably, if the firm is not authorized it is a high risk to be a scam. You can always check Warning lists issued by the industry authorities and of course, you should consider strongly FOREX SCAM any issues, as well review the List of Brokers to Avoid. Forex scams are commonly seenon social media platforms such as Facebook, promisingly extremely high returns on currency investments. Yes, but it isn’t the only way that you can deposit extra income into your account. There are much easier and less risky ways to generate more money. Do not base your decision to work with someone or purchase a product based on this or any other limited information.

Best Forex Course in the World!

If they refuse or offer to show you stats from demo accounts, you should exercise caution. To check the firm you’re dealing with isn’t a clone, get in touch with the named company independently using its firm reference and switchboard number. You should also check individuals aren’t simply pretending to work for a legitimate company. So if someone is boasting of huge gains, guaranteed profits, or specific results, they are peddling a scam. Nothing about the market, specifically the forex market, is a guarantee. Too many factors that can change at any moment influence the market. It is always a good idea to do your research on any broker that you plan to use.

  • We are not liable for losses that resulting from the information provided on our site.
  • If the parameters and optimization codes are invalid, the system will generate random buy and sell signals.
  • Therefor a forex company operating with no regulation is a sure sign of a Forex scam.
  • 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.

Other common scam practices include advertising pictures of expensive cars that are given away to lucky investors. A forex broker is a financial services firm that offers its clients the ability to trade foreign currencies. 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. 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. Moreover, you cannot even file a complaint about a certain list of forex scams as they are not local and are not regulated. As with the other kinds, there is a list of scam forex brokers that you can check out before you sign up for anything.

Most Trusted Forex Brokers Comparison

For instance, faced with all sorts of forums posts, articles, and disgruntled comments about a broker, we could assume that all traders fail and never make a profit. The traders that fail to make profits then post content online that blames the broker for their own failed strategies. Do your research—learn more about the foreign exchange market, terminology, and the legitimate resources to assist you with trading. Consider setting up a demo trading account with a trusted broker to practice before putting actual money on the line. As you would expect, scammers do a very good job of trying to conceal their dishonest practices. Nonetheless, there are a few things that can serve as clues that something is one of the forex trading scams. It may be hard to identify these signal sellers as scammers, as they often provide rave reviews and quote a history of making large profits. Lack of proof – in time you will learn how to recognize fake statements from real statements.
How Not To Fall For A Forex Scam
It is normal to get offerings from different forex brokers. But you will not know if the broker is categorized as a broker scam or not unless you ask for some information from them. You may ask for the following information to check https://www.fxclearing.com/ the broker’s validity. Now that you know the types of basic forex scams, you should know the ways to identify them via the scam broker list. The difference between the expected price and the actual price is called price slippage.

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