(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!!!!!!

Guys, its not the market, it’s the network of some people and some companies that I am against. I am talking about this network of crooks that’ve left no stone unturned to make this simple market, a Loser’s game. It’s only with the experience that a person learns how it’s actually these buggers, not the markets who eat your money and to start with, my first target is the fake brokers. Offer a minimum trading volume of 0.1 lot and a leverage up to 2,000 times, with a minimum investment of $11.

But what about the fact that they do really trading? I’ve watched the video of the company’s grand launching in Panama. Indeed, they have a legit broker because the CEO of EverFX, the award winning broker, attended and introduced in that event. How could they possibly partnered with a fraud company if they will put their name and dignity at stake? On the question, why would they disclose their secrets in trading success? Well, a lot of successful professional traders are doing that also as part of their platform to earn more money. Wouldn’t it be favorable to them to have more investors for the purpose of making a lot of capital in trading? And for the CFX CEO, Huascar Lopez, did he ever involved in a fraud business?

How to Avoid the Trap of Illegal Forex Platform

So, even if this broker were regulated and did not have conflicting information on its website, we would still no recommend GFX to any of our readers. However, the MT4 platform offered by GFX is a stand-alone trader and is not linked to this broker. This leads us to conclude that this broker is not licensed to offer financial services. When it comes to spreads, we’re seeing a completely different picture. There’s nothing special or mind-blowing with a 2-pip spread condition. It means that the broker is taking a huge chunk of your profits and only leaves a small portion to you.

I have read so many negative reviews on CashFX, but not one of them have given proof. If I had found a simple way to make myself, and everyone else rich, I would be sharing it with everyone too. You doubt people’s intentions and generosity, you must really have no faith in people and that’s sad. You can also wait until november/december then they will launch also copy trading outside CashFx.

Is Cash Forex Group a Scam?

Unfortunately, like you there are many people who have a bad money story and believe reviews like this. Maybe, maybe not, but why would anyone want to share their strategies and/or profits with anyone if they were doing so well? No one is that generous, and as I said, this is nothing but a way to have some kind of product. The business model that Cash FX uses is nothing new and trading is nothing but their choice of product/service. Back in the day, it was advertising and mining of cryptocurrency. Those didn’t fly with the FTC and they eventually got smashed. Cash FX is no different but this time they are using “trading”. And if they’ve put money into anything, you can’t help but defend that investment. With the payouts being so low, it allows the company to buy lots of time before any panic occurs. Now to bring others into Cash FX Group allows you to make money through the same channels as you would with a multilevel marketing business model.

Some illegal forex platforms would provide investors with verification with links to the regulatory agencies’ websites. If investors click on the link directly and enter the website, they may misunderstand that the platform is a regulated platform. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. It is possible to lose some or all of your money and investment. Do not invest what you are not able or willing to lose. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary. We verify some of our data for quality control but there are slight variations occasionally.

Track bitcoin transactions

The last time I checked, he is also a respectable businessman in his own country. Varot financial ( ) – It is fake broker, they manupulate the gold as happened with me. 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.
What You Should Look for in FXCL?
With so many public client complaints, it leads us to suspect that traders’ funds are not safe with this broker. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders. The biggest advantage of using GFX Securities as your forex broker is that you get to use the MetaTrader 5 platform to execute your trades. Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes. The GFX’s explanation in this regard is not clear enough. Normally, brokers clearly share the record and information of their regulator on their web sites. You can also see a license number on the broker’s web site where you can inquire from the regulator’s website.

Investigate cybercrime for a fraction of the time it would take you

It is probably a trading credit that you cant withdraw but sits there to support your margins, check on the companys website. Do not trust a broker unless they are ASIC or FCA regulated. You guys did a scalping generated the profit transfer a fund from one account to second for trading which is against the broker policy. Hence we have disabled your account and that is why your withdrawal is also pending. They told I would start with PGK500 then they told me to upgrade my account with PGK1000 after I made the FOREX SCAM payment using my standard account they told me to make K3000 as COT fee.. After a few days the support team sent me email that my profit was over boosted so I have to upgrade my trading account to their suggested level up upgrade. And I said that they deduct the $1000 Level upgrade from my suspended $5300 profit. I stop send money, but they still call and msg all the time. And is they a way to recovery funds and pay only out of the recovered fund. I have screenshots of all BTC Sent and all wallet address.

*Information not comfirmed*