Valuta Markets broker is owned by MVE Holdings Limited. They are located in the Marshall Islands and exist since 2021. Generally speaking, any offshore trading company is not trusted due to low-quality regulations. 

However, Valuta Markets claims that their address is authorized and licensed by MISA. Important to realize is that MISA doesn’t exist. The official regulatory body in the Marshall Islands is GLOFSA. Let’s continue the research in our detailed Valuta Markets review.

In addition to the above, we strongly advise you not to invest in PrimeXBT, InterCapital, and FTMO fraudulent brokers.

Valuta Markets Is A Scam Broker Without License?

Firstly, this broker doesn’t have any regulations. Secondly, they are misleading clients with some license numbers on their websites. However, they are not permitted to trade in FX and CFD markets worldwide.

Thirdly and most importantly, even if they had a license of GLOFSA, it is not reliable. That is a Tier 3 regulator that is very loose. As a result of trading with such regulated companies, clients are scammed.

Valuta Markets is a broker with many bad reviews and no regulations. Moreover, the trading conditions are violating all rules and expose clients’ money to risk. 

Reasons for Using a Regulated Broker for Trading

For instance, regulated brokers are not allowed to give you leverage higher than 1:30 in the EU. On top of that, they don’t provide bonuses. After all, a regulated broker offers you the security of the funds. In any case, you have an authority that you can contact in case something is wrong.

For this reason, we checked some Tier 1 regulatory databases like FCA, BaFin, and ASIC. Surely, Valuta Markets broker is not on those lists.

Trading Software Is Available On The Valuta Markets Platform

A trading platform plays a huge role in a decision of where to trade. If it’s unreliable and slower, with fewer trading options, it is not considered desirable. 

In other words, those are mostly web-based platforms. Swindlers are using it, but don’t get tricked if you see that the broker is offering some trusted platform like MT4 as a Valuta Markets broker.

 WebTrader

Even though Valuta Markets web trader offers very solid trading options, it is only suitable for beginners. It has a bit fewer charts and indicators. Moreover, it’s slower than most apps. Even in some Valuta Markets reviews customers, we found complaints about web-trader.

MetaTrader4

By all means, MT4 is one of the most trusted platforms for trading. The perfect option for FX and CFD. It offers some advanced TA tools and indicators. However, when a fraudulent broker is using it, all that means nothing.  

Valuta Markets Trading Instruments

Equally important as a trading platform is the range of instruments available. This broker has a very solid instruments availability divided into 5 classes:

• Forex – USD/GBP, GBP/NOK, EUR/NZD
• Commodities – oil, platinum, cotton
• Indices – BE20, AU200, Nikkei225
• Shares – Amazon, Pfizer, Adobe
• Cryptocurrencies – BTC, XRP, ADA

On the other hand, trading these assets with leverage up to 1:500 is extremely dangerous.

Valuta Markets Service Countries

Another key point is the countries that the Valuta Markets broker is targeting. According to Valuta Markets reviews, they are scamming traders from:

• Germany
• Canada
• Norway
• Australia

Frequently, these countries are targeted due to high living standards. However, all these countries have very strict regulations. As a result, it’s just a matter of time before regulators issued a warning against this broker.

Valuta Markets Accounts Overview

In light of all the shady facts about Valuta Markets broker, their account types are another unclear thing. This broker only offers two trading account types:

• Classic – from $100
• VIP   – from $3.000

Yet, those accounts are divided just based on minimum requirements and spread that you get. Additionally, benefits are only in trading knowledge development. Where clients get more educational programs, one-on-one lessons, webinars, etc.

Can Customers Create a Demo Account For Free?

Similarly, like many bogus scammers, they don’t provide a demo account. Even though their minimum requirement is very low, we wouldn’t trust it to a non-regulated broker. In contrast to that, some licensed companies are offering a demo and micro account types for clients to test the services. On top of that, with a leverage of 1:500, it’s like gambling.

Valuta Markets Deposit and Withdrawal Policies

Besides acceptance of credit/debit cards for deposits, this broker accepts crypto as well. With this in mind, and the fact that they are not licensed, it’s a very dangerous street to go. Regardless of the licensing, crypto transactions are anonymous and very hard to trace.

Even if you are thinking to deposit with this broker, use a card because in case you get scammed you can request a chargeback within the first 18 months.

Scam brokers tend to use a lack of licensing and prolong withdrawals due to non-existent fees and taxes. Don’t be surprised if you are requested to pay for money to be released. But don’t be tricked by that and fall for that standard withdrawal scam.

Valuta Markets Terms & Conditions – What You Need to Know

In addition to all other irregularities, T&Cs are another questionable topic. Since they are not regulated, there is nothing that should be trusted, because it can be easily violated. Important to notice is that for deposits higher than $2.000, the company requires additional verification. 

Leverage, Spreads and Fees

ESMA rules and Tier 1 regulators dictate leverage of a maximum of 1:30 or 1:50 for retail traders. Therefore 1:500 is highly violating those rules. On the positive side, spreads are from 1.1 pips, like in most regular companies. However, strange thing is that this broker doesn’t have any deposit or withdrawal commissions.

Scammed by a Valuta Markets Broker? – We Want To Hear Your Story. 

If you are tricked by these con artists, let us know. We can only stop them together, by sharing our experiences. 

We know that your money comes first on that priority list, and we have a solution to that. If you book a free consultation with our experts, you can get advice on your first step for a chargeback.

What Is the Chargeback Procedure?

That is a transaction reversal when you are using a debit or credit card. Usually requested by a cardholder. However, this is time-limited and if you were scammed don’t waste more time.

Get in touch today!

FAQ 

What Are Valuta Markets?

It’s an offshore non-licensed trading company that offers FX and CFD market trading services.

Is Valuta Markets a Scam Broker?

Yes. Many Valuta Markets reviews to confirm that and it’s just a matter of time before financial regulators issue a warning against this broker.

Is Valuta Markets Available in the United States or the UK?

This broker doesn’t claim that they have any restrictions to provide services to these countries. Therefore, it might be the case, but we don’t have confirmation.

Does Valuta Markets Offer a Demo Account?

No. Similarly, like many other scam brokers, they only offer live trading accounts. They go straight to the point, extracting as much as possible from clients.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

The website of MallonFX broker whole a lot reminded us of Axis Capital Group, also presenting themselves as a UK broker, yet without any regulations. Both of the websites have no tabs, and everything is shown on the main page.

Let’s expose this fraudulent broker step by step in our MallonFX review.

MallonFX Regulation and Security

MallonFX is allegedly a brand of AMC Trade Finance Ltd, based in the UK. Why do we say allegedly? Because AMC Trade Finance Ltd is really a UK registered business, as well as the FCA regulated. However, it’s a credit institution that is not related to MallonFX broker nor mallonfx.com website. It’s just another attempt by the broker to persuade clients about legitimacy.

The broker added a “regulation” link to their website, but it simply redirects you to the website’s main page. Why? Because MallonFX is not regulated and it’s a scam that you should avoid at all costs.

Warnings From Financial Regulators

As already mentioned, MallonFX represents itself as a part of the UK-regulated company. Therefore, we were not surprised to see an official FCA warning against the broker. According to the FCA, MallonFX is a clone firm of a UK registered business, and clients should avoid it at all costs.

Fund Withdrawal Issues

Like many unregulated brokers, MallonFX is no exception when it comes to withdrawal issues. According to many MallonFX reviews we’ve come across, the broker has several problems. First of all, if you start with a minimum of $150, you’ll be able to invest only with currency pairs. It means by default that you need more money if you plan to invest in other assets. Once you deposit more, you can be sure you won’t withdraw anything.

The broker claims to offer “risk-free” accounts managed by professionals. Only when you give money to this professional will he simply block your account and refuse to accept any of your withdrawal requests.

Traders Opinion

There are a couple of websites ranking brokers, so traders will know what they are going into. And according to all of those, MallonFX broker has a score under 1. It has a poor rating that suggests the broker is conducting a scam. Of course, the score was made based on traders’ votes and their opinions. According to these, the broker does not allow withdrawals, and clients’ accounts are suspended for no reason.

How Does Online Trading Scam Work?

Online trading scams are a prevalent tool at the moment. Since everyone is trying to make an additional income, showing an ad about extra 10-15 thousand dollars cannot be wrong. What is wrong are fake promises and financial advisers with no license. After you make your first deposit, you’ll be prompted to add more funds. And more. If you do so, withdrawals are impossible. Beware of the MallonFX scam and other brokers such as Axis Capital Group, Finexico, and FX Wonders.

Scammed by MallonFX?

If you were scammed by MallonFX, do not hesitate to report it. File a complaint and ask for a chargeback.

But what is a chargeback? It’s a way of retrieving your funds to your credit card in case of scams. Contact our support team via chat and let us help you out. Let’s file a complaint together and get your money back!

What is MallonFX?

MallonFX is an online trading platform without any sort of regulations.

Is MallonFX a scam?

MallonFX is a scam broker blacklisted by the UK FCA as a clone firm.

Is MallonFX regulated?

No, MallonFX is not a regulated or licensed trading company, and you should avoid it.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

As quickly as they registered, that fast they vanished. AppleTrade broker is one more in the line of anonymous scam sites. Since some regulators warned traders against this broker, they shut down their website. This brand was owned by Appletrade Ltd based in Ireland.

To find out how to stay protected from these guys in the future and what signs of a scam are, check out this AppleTrade review.

What is more, we strongly advise you not to invest in XtreamForex, SageFX and Hugosway fraudulent brokers.

Is AppleTrade a Scam or a Legitimate Broker?

Based on the fact that AppleTrade is unregulated, it is likely a scam broker. Moreover, they have multiple warnings from regulators. For example, brokers from Ireland should be regulated by Central Bank of Ireland. However, Appletrade Ltd is not on that list.

In addition to that, they are not even on a list of any Tier 1 regulators. For instance, we checked the most trusted ones like FCA, BaFin and ASIC. Investors are advised to stay away from this broker to protect their investments.

AppleTrade is an unregulated and high-risk broker with multiple warnings from regulators, poor trading platform, and unfavorable trading conditions. Investors are advised to avoid this scam broker.

Why Is Trading On a Licensed Broker’s Platform Preferable?

Firstly, licensed brokers are required to follow strict regulations. Moreover, it ensures a higher level of safety for investors’ funds. Additionally, licensed brokers are subject to regular checks, which helps to ensure transparency and fair trading.

Overall, trading on a licensed broker’s platform provides investors with a greater level of confidence, trust, and protection.

Warnings From Financial Regulators

AppleTrade has been the subject of multiple warnings from financial regulators around the world. In this case, those are CBI and FMA (Austria). 

These warnings typically highlight the fact that the AppleTrade broker is operating without a valid license. That means that the broker is not subject to any regulatory oversight or protection. The warnings make it clear that AppleTrade is a high-risk broker that investors should avoid.

What Platform Does AppleTrade Provide?

AppleTrade’s web-based trading platform is known for its poor performance and limited functionality. The platform is not user-friendly. 

Moreover, many traders have reported experiencing technical glitches and slow execution speeds. Additionally, the platform offers limited charting and analysis tools. The poor quality of their web-based trading platform is a major concern for investors.

AppleTrade Mobile Trading

Since the broker offers only a web-based trading platform, you can access it over the phone. But instead of having easy access through a mobile app, you need to login every time through a browser. This is not optimal for experienced traders. That’s why most traders are looking for trusted platforms like MetaTrader.

The Opinions of Traders On about AppleTrade

AppleTrade has received numerous negative reviews on Trustpilot. Many users reported difficulties with withdrawals. 

Several reviewers have also raised concerns about the broker’s high fees and unfavorable trading conditions. For instance, out of 88 reviews almost 90% were with the lowest rating.

AppleTrade’s Trading Assets and Instruments

FX and CFD brokers typically offer a wide range of financial assets for trading. The exact list of assets can vary depending on the broker. 

However, most brokers aim to provide a diverse selection to suit the needs of different traders. That’s why AppleTrade has its fingers in all 5 major groups:

• Forex                        USD/AUD, CHF/JPY
• Commodities            platinum, oil
• Indices                      NKY225, CAC40
• Shares                      Starbucks, Tesla
• Cryptocurrencies       ADA, LTC

What Are The Different AppleTrade Account Types?

AppleTrade offers four different account types to its clients. Those accounts are:

• Bronze          $500
• Silver            $1.000
• Gold             $5.000
• Platinum       $25.000

The higher-tier accounts come with additional perks, such as access to a personal account manager and lower spreads. However, given the broker’s poor reputation and lack of regulation, investors should be careful.

Can a Trader Use a Demo Account?

Sadly, this broker doesn’t provide access to a demo account. While some licensed brokers offer at least a micro account, this is unacceptable for experienced traders. 

That’s why you should reconsider investing with this untrusted broker. Especially with this minimum of $500.

Minimum Deposit and How Do I Withdraw?

The minimum deposit of $500 is higher than expected. Especially considering AppleTrade reputation. However, information on the related fees and processing time for withdrawal requests is not readily available. As a result, you have so many negative AppleTrade reviews.

AppleTrade Payment Methods Available

As for payment methods, they were offering various options. Some of those are:

• Cards
• Wire transfers
• E-payments

Important to realize is that none of these had clear conditions. After all, fees and processing time are non-existent.

Terms and Conditions for AppleTrade – What You Should Know

Since nobody monitors their activities, you can’t trust such terms. Above all, there are multiple signs that those T&Cs are fictive. The only thing they stick to is some malicious clauses. For example, for bonuses where traders can’t withdraw their funds, unless they made an insane return on investment.

Leverage, Spreads and Fees

In general, all trading conditions are untrusted. But leverage up to 1:888 especially. This is designed for traders to lose their money, which is highly possible with manipulated web-trader. 

Even though spreads are raw, we expect that to be charged through commissions.

Scammed by an AppleTrade Broker? – We Want To Hear Your Story

Don’t be ashamed if you were caught by these guys. Firstly, share your story with us here. Secondly, get in touch with out fund  recovery team. Let’s start a chargeback process now!

What Is the Chargeback Procedure?

If you were using a card to deposit with this broker this is your lucky day. That transaction can possibly be reversed. Of course, that action is time-limited. Don’t waste time and contact us now!

What Is AppleTrade?

AppleTrade is one more in the line of non-licensed brokers that pretended to offer FX and CFD services legitimately.

Is AppleTrade a Scam Broker?

Yes. Multiple warnings from regulators are confirmation of that. Besides AppleTrade reviews that are fairly disappointing.

Is AppleTrade Available in the United States or the UK?

It’s unknown if some of these countries were targeted by this broker. But it’s not excluded either.

Does AppleTrade Offer a Demo Account?

No. Unless you want to deposit money and open a real account, you can’t test their trading platform or trading conditions.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

AnyTrades broker was established back in 2016, with its peak in 2020. The company has defrauded many, using different domains and falsely presenting itself. Read our AnyTrades review and find out all the details about this scam investment firm.

Is AnyTrades Regulated? – Why Does It Matter?

When it comes to online brokers, regulation is your protection from scams. If the broker has a license, you can always go to a regulator and claim your money. Yet, with offshore brokers, regulation is always questionable.

What’s Wrong With A Trading License?

AnyTrades regulation should come from the VFSC of Vanuatu since the broker is allegedly based there. Our search didn’t show much since we don’t have an official owner. Basically, broker AnyTrades is just another fictive offshore firm that is about to steal your money. If they haven’t already. Therefore, be well aware of the fraud and don’t fall for it.

Warnings Against AnyTrades Fraud

We’ve got two warnings against AnyTrades trading scam – by the UK FCA and Irish Central Bank. Both of those came after numerous heavy AnyTrades complaints.

Official Warnings Issued by FCA and CB of Ireland – Evidence of Fraud

The UK and Irish regulators have decided to end the AnyTrades scam by issuing official warnings, stating that the broker is not legitimate and you shouldn’t give your money away.

The Danish DFSA and Estonian FI later republished these two warnings.

In addition to the above, we strongly advise you not to invest in IndigoCapitals, AlphaTrade Plus and EverProTrader fraudulent brokers.

Where Is AnyTrades Trading Scam Active?

According to our AnyTrades review, the broker is mainly active in the US, the UK, Germany, Australia, and Bulgaria. Yet, none of the countries are safe with offshore fraud. You can be a victim wherever you are if you just click on the wrong ad and leave your details to this scam firm. Be aware that investing offshore rarely has a positive outcome, and avoid doing so.

What Trading Platforms Are Available? – Trading Software

Apparently, AnyTrade’s trading platform is no better than its reputation. The company offers a plain WebTrader available on desktop and mobile versions. Despite being described as an “innovative award-winning trading platform,” this WebTrader has no special features. It’s just another TradingView chart with too high spread and unregulated leverage.

AnyTrades Mobile Trading App

While the platform itself is not as good, the broker at least offers mobile trading. That way, AnyTrades login is enabled via Android and iOS, making it easier to monitor your trades. The app is based on WebTrader, meaning no special trading tools here.

AnyTrades Social Trading Overview

Social trading with legitimate firms means that you need less research since you can copy trades of professionals. With scam brokers such as AnyTrades, it implies another scheme to get to your money. Don’t trust it.

Which Products Does AnyTrades Offer? – Trading Assets

AnyTrades offers quite a solid range of trading assets, but surprisingly, crypto is not on the list. Here’s what the offer looks like:

• FX (currency pairs)
• Commodities
• Indices
• Shares
• Futures

All the assets come with a starting spread of 2.1 pips, while the leverage for currency pairs goes up to 1:100, despite EU regulations strictly limiting it to 1:30. It shows you that AnyTrades broker is anything but a legitimate investment firm.

Also remember the names of the SafeTradez, TradingTech and TudoFX trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Trading Accounts Overview – Demo & Real Accounts

There are only 3 AnyTrades account types, differing in basic perks, such as lower spread, better account management, and more trading education. You can choose between:

• Silver
• Gold and
• Platinum account.

The AnyTrades minimum deposit is $500, which was kind of a surprise. Usually, companies require the standard of $250, while some legitimate investment firms have even micro accounts, getting you on board with $10 or less. 

All these small things lead us to conclude that AnyTrades is just a scam for extorting money.

AnyTrades Demo Account

There is an AnyTrades Demo account for practice. Yet, it means nothing because your money is at real risk once you deposit it, unlike virtual money.

Scammed By AnyTrades Broker? – Talk To Our Recovery Experts

If you were scammed by AnyTrades or a similar bogus broker, contact us right away. Our experts will help you file a dispute for a chargeback and get your money back. Don’t let scammers run with what’s yours. Fill out the online form and get in touch with us today!

What Is The AnyTrades Minimum Deposit?

AnyTrades minimum deposit is $500.

Can I Trade Cryptocurrencies And CFDs With AnyTrades Broker?

You can trade CFDs with AnyTrades, but crypto is not allowed.

Does AnyTrades Give a Deposit Bonus When Opening an Account?

Yes, AnyTrades gives bonuses when opening an account.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Welcome to the TriumphFX Review. We assume you have many questions about this controversial offshore broker. Is this broker really legit or was it just a wolf in sheep’s clothing all along? Allow us to tell you more about the fraudulent scheme that is TriumphFX.

On top of that, we seriously recommend you not to invest in the fake brokers STB Markets, RXK Capital, and BN93. Do not trade with these unlicensed brokers if you want to save your money!

TriumphFX – Not A Safe Broker?

We’re afraid it’s true, TriumphFX isn’t safe. Even though the company is regulated, it still has offshore branches that carry uncertainties. The financial swindler, owned by Triumph Int. (SC) Limited, is regulated by CySEC and the Financial Services Authority (FSA) from Seychelles.

The CySEC license ensures that certain clients are secure, but the offshore offices are the problem. The regulatory rules there leave plenty of room for fraudulent activities.

The minimum capital required by the FSA to start operating in Seychelles is just 50,000 $. Moreover, the regulator isn’t as strict as some of its US or European counterparts, meaning clients may not necessarily get segregated funds, negative balance protection or even indemnification.

TriumphFX is a shady provider with a dark past and a dubious offer. The broker offers Forex & CFD trading and intends to defraud mainly Asian traders. Complaints and warnings have damaged the reputation of TriumphFX.

TriumphFX and The License Truth

Some allegations online suggest that TriumphFX is the work of a notorious Singaporean scammer – Hermes Leong. The fraudster is currently on trial in Singapore after being arrested for a 2018 scheme. It started on March 29, 2022.

The charge sheet stated that Leong tried to persuade people to invest in a “foreign exchange trading scheme with Hong Kong-incorporated Triumph Global (Asia) Limited and New Zealand-incorporated Union Markets Limited, although the two companies were not involved in any genuine foreign exchange trading activities.”

See here that the Hong Kong regulator SFC put the shady entity on its alert list in 2015:

In addition, the New Zealand ruse company was also deregistered that year. 

Today’s TriumphFX uses the same website domain (tfxi.com) as the disputed company. Therefore, there’s strong evidence that Leong is behind this hoax and it’s only a matter of time before the broker gets shut down.

Warnings Issued by Financial Regulators

As the authorities pointed out, Leong’s scheme mainly targets non-English speakers from Asia. Fortunately, three Asian regulators put the fraudster on blast and issued warnings. 

Namely, we’re talking about the scammer’s homeland regulator – the Monetary Authority of Singapore (MAS). Others include the Indonesian OJK and the Malaysian SC. Plus, TriumphFX had a license in Vanuatu but the local regulator revoked it. However, the job is not done as long as TriumphFX is at large.

What Platforms Does TriumphFX Offer? – Trading Software

TriumphFX offers two platforms – Meta Trader 4 and WebTrader. The former is a staple in the trading industry. It offers numerous advanced features such as automated trading and live market reports.

The latter, however, is a simple browser-based platform that only has basic charts and indicators. It’s good only for beginners.

TriumphFX’s Mobile App

The broker does offer mobile trading as well. MT4 can be downloaded on both Android and iOS via the official app. WebTrader is online so it can be accessed via mobile too.

Mobile trading is good for quick adjustments but a bit we’d recommend desktop trading. Please be careful with TriumphFX considering all that’s been said about the broker in this review.

TriumphFX’s Trading Instruments

As for assets, TriumphFX offers Forex currency pairs and CFD trading for indices and commodities. There are no stocks, ETFs or cryptocurrencies. Here’s an overview of the broker’s trading instruments:

• Forex currency pairs – EUR/USD, AUD/USD, GBP/USD…
• Commodities – UKOIL, XAG/USD (silver), XAU/USD (gold)…
• Indices – EU50.VAR, AUS200.VAR, HK50.VAR… 

A short but genuine offer. However, security and transparency come before instruments so be cautious.

TriumphFX Countries of Service

Southeast Asia is the region where TriumphFX engages in fraudulent activities. The con artist predominantly targets unsuspecting traders from the following countries:

• Malaysia (77.08%);
• Singapore (5.16%);
• Taiwan (4.78%);
• Australia (3.24%);
• Indonesia (2.17%);
• Others (7.57%).

This data was taken from similarweb.com and refers to December 2022 activity on the scammer’s website. That month, the website was visited up to 799,900 times, a huge spike compared to November’s 417,900 visits.

Despite warnings from three Asian regulators, TriumphFX managed to survive and keep conducting its scheme via an offshore subsidiary. It’s going to take more effort to put this scammer away. Please share any relevant info about this case with us.

What is more, we strongly advise you not to invest in Avalon WM, SwissRoi and Forex Treasures fraudulent brokers.

What Do We Know About TriumphFX Account Types?

When it comes to account types, TriumphFX offers three different options as well as a free demo account:

• Classic – min. deposit of 100 $;
• Gold;
• Premium;

Each account type offers leverage up to 1:30, spreads from 0.1 pips, over 64 instruments, negative balance protection and more. Professional clients can set leverage as high as 1:500.

That’s great but it applies only to the CySEC-regulated broker. TriumphFX can easily deceive you by making invest with the Seychelles offshore branch. That way, regulations are pretty lax and you’re not as secure as with the onshore counterpart.

Moreover, there’s a chance that TriumphFX’s offshore provider tries to make you hand over your account to a manager, which means you won’t be trading at all. Next thing you know, all your funds could go missing so be careful.

Free Demo Account

Since TriumphFX is regulated by CySEC, it has to offer a free demo account. You can access the demo account on the main website, not on the offshore one.

There, you can try things out. However, the issue is opening a live account. You have to make sure you’re not being assigned to the Seychelles branch if you want to be safe. 

TriumphFX’s Funds Security

The broker’s legal obligation is to keep clients’ funds segregated. TriumphFX says it stores the money in “segregated client accounts, separate from the firm’s own money in accordance with the CySEC’s client money rules.”

Bear in mind that this is only due to CySEC. As for the Seychelles branch, the story is different. Offshore entities don’t have to keep clients’ funds segregated, i. e. they can even store them in their own account. Here’s a thought – If the entity suddenly vanishes, what will happen to your funds?

Negative Balance Protection

The same applies here. The Cyprus-based broker will surely keep you protected in case your account hits zero. 

On the other hand, the Seychelles branch doesn’t really care about it. Therefore, you have to be wise and take everything into consideration.

TriumphFX Offers to Divide Investor Funds In Case of Bankruptcy?

What would happen if TriumphFX goes bankrupt? Given that the Republic of Cyprus is a member state of the European Union, the local regulator has to abide by certain rules set forth by the European Markets and Securities Authority (ESMA).

One of the rules includes a compensation scheme of up to 20,000 EUR for clients in case their broker files for bankruptcy. Thus, TriumphFX is liable to pay clients compensation but its offshore subsidiary is not since it doesn’t operate in the EU.

TriumphFX Deposits & Withdrawals

As for the acceptable payment methods, they differ depending on whether the broker is onshore or offshore. Here’s a quick list of them:

• Credit/debit cards (both);
• Wire transfers (onshore);
• Skrill & Neteller (onshore);
• US Tether (offshore);
• AliPay (offshore);
• UnionPay (offshore);
• OnlineBanking (offshore).

You can see that the offshore options are less transparent and easier for executing fraud. The minimum deposit is 100 $ and there are no commissions, at least not charged by the broker. Also, TriumphFX does mention bank fees. 

TriumphFX Broker Scammed You? – Please Tell Us Your Story

This is a pretty sophisticated cyber scam that you don’t see every day. Hence, we understand why traders fall for it. Nevertheless, it’s imperative to put an end to it and we honestly hope you can help us there. 

If you’ve been scammed, please tell us how it all happened so we can report TriumphFX. Also, we are at your disposal if you’re ready to request a refund. Depending on the deposit method, there are several ways to go about it.

What Is the Chargeback Procedure?

• Credit/debit card transactions can be reversed via chargeback. You can request a chargeback at the issuing bank within 540 days.
• Wire transfers require a recall. It can only work if the transaction is incomplete.
• You’ll need expert support for crypto payments. These transactions must be traced to a wallet within a crypto exchange before requesting a refund.
• If you’ve deposited funds via e-wallets, you’ll have to contact the issuing companies or inform the police about it.

What Is TriumphFX?

TriumphFX is a Cyprus-based broker that scams traders via its offshore branch in Seychelles.

Is TriumphFX a Scam Broker?

Yes. Several Asian regulators have issued warnings against the broker and the company that operates it.

Is TriumphFX Available in the United States or the UK?

The broker accepts clients from both the United Kingdom and the United States.

Does TriumphFX Offer a Demo Account?

The Cyprus website does offer a demo account but the Seychelles website does not.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

STX Brokers is one of the shadiest and weirdest brokers we’ve had a chance to review. Compared even to offshore companies that we don’t think of as trustworthy, the STX Brokers scam is one step ahead.

Don’t take our word for it. Read this review until the end and check for yourself!

STX Brokers Regulation and Security Details

First of all, we found no information on the owner or headquarters of this illicit operation. It was an immediate red flag since you have nowhere to complain if you have any issues. Besides, there are no indications related to the regulation number and more, meaning this broker is not regulated.

It’s likely based in one of the safe-haven countries and has no intentions of paying out clients after all. Lately, we’ve seen many new brokers established within the previous year that are doing a so-called “hit and run” scheme.

They would scam thousands of clients, take their funds, and simply close the website. Beware of the STX Brokers scam!

Fund Withdrawal Issues With STX Brokers

Since the broker has no regulation, fund withdrawals are not guaranteed. Once you invest your money with such, there’s no authority body that could back you up if you’re scammed. No compensation funds can be used for your reimbursement. That’s why we always advise anyone to start trading with Tier1 regulated brokers.

However, if you were already involved with STX Brokers and cannot withdraw your funds, there is a solution. According to STX Brokers reviews, many have been in your place. You need to file a dispute and request a chargeback. Remember that you can do so up to 540 days from the fraudulent transaction, so make sure to start on time.

Contact us for any necessary assistance!

Traders About Forex Trading Scam

Since most STX Brokers traders have withdrawal issues, there’s nothing nice they could say. Besides this problem, they report that downloading an MT5 is impossible, leaving you with a broker’s proprietary web trader. Of course, this is the least secure way to trade since the company can access your funds at any time. Beware of it and avoid trading scams.

You should avoid STX Brokers forex broker and similar brokers such as Swissqb247, Axis Capital Group and Konano.

How To Know If You Have Been Scammed?

Obviously, if you cannot withdraw your funds, you know you will be scammed. However, before you get to this point, pay attention to more subtle signs. If a broker’s employees are constantly pressuring you to invest more and are not letting you submit withdrawal requests or your account access has been suspended, there is a high chance that you’ve been scammed. If you notice any trades that you never opened yourself, your money is at high risk.

Whatever suspicious activity you notice, let us know immediately.

Scammed by STX Brokers?

If you were scammed by STX Brokers, let us know. Our customer support team will book a free consultation with a chargeback specialist so that you can understand the entire process. Don’t let scammers run away with your hard-earned money. Take action now, and let’s get your money back before it’s too late.

What is STX Brokers?

STX Brokers is an online trading platform without financial regulation.

Is STX Brokers a scam broker?

Yes, STX Brokers is a scam company that doesn’t let clients withdraw their funds.

Is STX Brokers regulated?

No, this trading company has no financial regulations whatsoever for providing financial services.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

A firm that advertises the latest AI trading solutions should do a far better job at putting together a more professional-looking website. We’re unsure what kind of impression this blacklisted swindler is going for when their own site is falling apart. 

Such a poorly designed web presentation doesn’t inspire trust or belief in their alleged unmatched investment technology. To make matters worse, any activity they’re trying to conduct is completely unsupervised and unlicensed. 

So make sure you read this FXpremium review if you want to learn how to prevent fraudsters from striping you of your last coin. 

New And Already Blacklisted

Being one of the most diligent financial watchdogs, FCA was quick to detect the illegal actions going on at fxpremium.org. After 3 months of illicit operations, the domain was blacklisted for fraudulent notions. It appears that, after all, the website claims were all lies and fabrications in an attempt to lure in victims. 

Not owning any Tier 1 licenses deems this scheme unworthy of your investment. After consulting several more regulators like CySEC, ASIC and BaFin, we’ve determined that no authority ever issued this firm a proper license for any of their services. 

Be aware of the dangers hiding behind illicit entities – your funds aren’t safe, segregated accounts aren’t implemented and the same goes for compensation plans and risk-controlling measures. Another Forex dealer operating without a legitimate certificate is GfxRoyal.

Solicitation Methods

From what we can gather looking at the WhoIs register, the fxpremium.org website has not been around for a long time. In fact, it was only launched in July 2023, targeting the citizens of the following nations:

• Germany
• United States
• United Kingdom
• Netherlands
• France

Most of these fraudulent companies rely heavily on boiler room agents to attract new clients. Another such firm is JAFX. The main focus of these agents is persuasion and persistence.

Their usual story is that they are world-renowned crypto traders and experienced investors seeking financial backers. Once the victim cracks, they keep asking for more money over and over again.

Of course, it’s all a sham, and recovering funds from these deceivers is never easy. Fill out the form in the bottom of our page if you need help with FXpremium chargeback.

Dishonest About Costs

Trading conditions and costs are not revealed on this shady website. In order to inspire traders to invest in ridiculously fake plans, all actual information is covered up. It is simply impossible that all of the services provided by this investment portal are completely free of charge. 

Even reputable service providers have to earn somehow – though commissions, taxes and trading costs. To quickly trick unsuspecting investors into falling for their fake promises, the FXpremium scam claims no fees are charged. 

Since there’s not a single legal document posted on the site, we couldn’t even verify this statement.

No Notable Trading Tools

In the mess that the website represents, we couldn’t find anything worth mentioning, no matter how hard we looked. After all, no trading platform is shown. Trading tools and add-ons are also amis. The investment plans promise a lot, yet without a single guarantee of actually ensuring profitable results. 

Fake AI Powered Platform

It’s hard to trust a blacklisted domain that only offers promises of a premium platform. The “AI and Web 3.0 structural/innovative model” should be some technological miracle that conducts all the trades for you and only brings back profit. 

Needless to say, such solutions do not exist – the closest ones built were based on copy-trading of an existing strategy. Either way, all of the claims about this investment wonder are a farce.

What Is Traded

Crypto niche is swarming with swindlers like FXpremium, it’s becoming alarming. As many other investment frauds, this domain is also solely focused on crypto. 

To be precise, the only tradable asset claimed to be offered is Bitcoin. Not a single other more popular digital currency like Ethereum, Litecoin and Ripple, like you’d see with well-established trading portals.

Rip-off Plans

The investment plans are a total rip-off, with the cheapest coming at $500. This might not seem much, but remember it is a recurring payment that repeats each week.

The most outrageous of claims with this investment firm is with the return on investment. The company claims to be able to generate 400% on a daily basis for some investment packages.

Here’s an overview of plan costs, returns and recurring charges:

• Silver- $500 for 400% ROI weekly
• Gold- $1,000 for 400% ROI weekly
• Platinum- $5,000 for 400% ROI daily

You Won’t Get Paid

The lack of transparency is especially evident in the funding aspect. No legal documents or policies are there to outline the payment methods, procedures, timeframe and fees.

Entire story about the profit found on illicit websites like this one is based on the con artist’s goal to rush you into depositing. After that, the anonymous crypto transfer allows the cyber thief to get away swiftly and make sure the hand of law cannot touch them. 

As hard as it is to backtrack the transaction and establish the wallet’s owner, it is still not impossible, as long as you turn to the right source of help. 

Nobody Reads Support Tickets

While the site implements a chat option for FXpremium support, it doesn’t really work. There are no instant responses, and this alleged live support is just a contact form in disguise.

Sure, the firm says they will “respond as soon as possible”, but we didn’t receive any update on our ticket after waiting for hours. The only other means of contacting the company is through email, which is not exactly a prompt customer service channel either.

Need Help With Chargeback? Contact Our Professionals!

Ever since the advent of ChatGPT and other AI empowered software, companies claiming to have created an unmistakable intelligence specialized for finance have started popping like mushrooms. Unfortunately, many industry giants have burned millions of dollars in development of such programs, with little success.

It’s clear then, that this investment firm is yet another vulture waiting to profit on the inexperienced. Dealing with these entities quickly turns sour, with total investment loss. There are still means to get your money back, though, so get in touch with our chargeback experts!

FAQ Section

What Is FXpremium?

It is an illicit website running a crypto investment scheme without legal permits.

Does the FXpremium company act legally?

No, the company lacks regulatory oversight, as FCA explains in their public warning.

When can I deposit/withdraw from my FXpremium Investment account?

Although the site claims some returns are weekly, some daily, do not be fooled by this. Please contact our legal service to receive necessary support in the process of fund recovery.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

There’s not a lot to say about Xpoken broker. The company is offshore, unlicensed, and operates without following any regulatory rules. For more information about its business and what to do if you have been scammed, read our Xpoken review.

What About Xpoken Regulation?

According to Terms and Conditions, the company is allegedly owned by Xpoken Ltd from Saint Vincent and the Grenadines. Since this offshore country has an FSA, sort of a financial register, any new company has to sign up with them. Yet, Xpoken Ltd is nowhere to be found. 

In addition, the country itself has no regulator but requires companies to apply for licenses in service countries. After checking with the FCA, ASIC, BaFin, and several more Tier1 authority bodies, we’ve determined that Xpoken is not regulated and operates without following any rules.

Fund Withdrawal Issues With Xpoken Broker

Of course, offshore investment firms choose far-away headquarters for a good reason. A lack of regulatory supervision and a good distance guarantee successful scams. That’s why Xpoken feels good about extorting money from clients and not paying out any profits.

If you decide to submit a withdrawal request, you may find yourself without access to your trading account. The broker tends to freeze accounts and never communicate with the client again.

In addition to the above, we strongly advise you not to invest in UnionMarkets, Trading 360 and Zivyard fraudulent brokers.

Areas Of Xpoken Trading Scam

Mainly, Xpoken complaints come from France, Belgium, and Germany. Besides, we’ve seen comments from the UK, Australia and more. Basically, there are just a few restricted areas where the broker is not operating, while everyone else could be approached and defrauded.

Traders About Xpoken Scam

What could you say when involved with a scammer? The company has a terrific score on Trustpilot, 4.5 stars, which is why many investors are falling for the scheme. But if you check carefully, all the latest reviews are from France, a country we have already marked as Xpoken trading scam target. And all of them come from accounts with one review only – marvelous things about Xpoken. Should we believe such? Of course not.

Real reviews can be heard when talking to Xpoken customers who have lost their funds and cannot get them back since the company is not regulated.

Xpoken Assets and Markets

There are allegedly over 1,000 trading instruments, including:

• 90+ currency pairs
• Commodities, including precious metals
• Worldwide indices
• Cryptocurrencies like BTC, ETH, and XRP
• Over 1,000 shares

However, we wouldn’t believe these numbers. The leverage goes up to 1:400, which is against every regulation, while the spread is not disclosed. Yet, there’s no Demo account, so we’re limited in reviewing.

How Does Online Trading Scam Work?

Once you see an ad on Facebook or similar social media about investing $250 and making thousands in return, you should know that something is suspicious. After you sign up and leave your details, you will be pressured to invest without seeing the platform and without being left to check about regulations and more. All because Xpoken doesn’t really have one.

Then, you will be assigned with an account manager who will pretend to be your best friend while extorting everything you have in your bank. And in the end, when you ask this same account manager for withdrawal, the communication will stop and you will not be able to access your trading account again.

Also remember the names of the Swissqb247, DT-Index and Magnum Options trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Scammed by Xpoken? – Tell Us Your Story

If you were scammed by Xpoken or a similar bogus broker, let us know. It’s important to know that you’re not the only one in this situation, and getting your money back is actually possible, based on our experience. Our chargeback specialist will assist you in filing a dispute.

But What Is A Chargeback?

This is a way for your bank to recover the funds from the merchant within up to 540 days of the fraudulent transaction occurring. Contact us via online chat to tell us your story, and let’s find the best refund solution for you! Note that our consultation is free and we will quickly evaluate your case quickly.

What Is Xpoken?

Xpoken is a CFD and Forex trading provider from an offshore country.

Is Xpoken A Scam Broker?

Xpoken is a fraudulent broker based offshore without an actual license.

Is Xpoken Regulated?

Xpoken is not regulated and provides unauthorized financial services.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

This brokerage presents itself as a company with a professional and safe environment. They also claim to provide maximum security to their traders. However, they forgot to share ownership and address details. Not even a single contact option is available, either.

In general, nobody can say that a lack of information represents a trusted company. But not to go away from the topic, check out all the facts about this firm in our unbiased Tangent Capital Pro review.

Legal Info: Is Tangent Capital Pro Legit Or A Scam?

If you are about to invest money, you better do it with a licensed broker. Only then can you be sure that protection is guaranteed. Also, keep in mind to trade with Tier 1 licensed firms, such as the ones holding FCA, ASIC, or BaFin licenses. This way, you get the maximum out of the trading experience. On the contrary, when the company has no regulations, like Tangent Capital Pro, you get problems.

For instance, Tangent Capital Pro broker is found on numerous warning lists. To make it even worse, all the regulators that issued a warning are considered trusted in Europe. Starting with FSMA (Belgium), CONSOB (Italy), CNMV (Spain), and ASF (Romania).

Who Are Tangent Capital Pro’s Victims?

As it seems, the company has been active for only a couple of months. Unfortunately, only a few user reviews are publicly available. But enough to discover where this company is mostly active. In the case of Tangent Capital Pro Forex brokerage, those countries are: 

• United States
• France
• Turkiye
• United Kingdom
• Netherlands

Considering they are targeting highly regulated countries, it looks like they are experienced scammers. Most likely, they are just rebranding until they are exposed. But now, you know some of the tricks. Moreover, our Tangent Capital Pro review will help you learn some more. On the other hand, if you want to recover the lost funds, contact our team for consultation.

Leverage, Commissions, Spreads, Fees and Taxes

Another key fact about this company is its leverage of up to 1:200. This also tells you they are not regulated. Simply, all licensed firms are allowed to provide certain leverage. In some cases, 1:30, and in others, 1:50. Only in special cases, when traders become professionals, can they get higher leverage.

As for the other fees and spreads, the company claims to have minimum ones. But we highly doubt it. Also, they state they have negative balance protection, which, of course, they don’t.

Bonuses

Generally, the company doesn’t reveal precisely if they are offering bonuses. But T&Cs reveal there’s a catch with non-deposited funds. 

Of course, these clauses can easily prevent traders from withdrawing any funds. In this case, the minimum trading volume method is used. To learn how to recognize bonus scamming tricks, read our Atomic Trade review.

Tangent Capital Pro Trading Features

The only thing catching traders’ eye with this brokerage is the negative balance protection. Potentially a lightning-fast platform as well. However, knowing they are not regulated, all these statements are questionable. Especially once you see availabilities on the company’s platform.

Trading Platform Available

Instead of trusted options like cTrader or MetaTrader, Tangent Capital Pro trading is done on web trader. With this in mind, it becomes quite obvious they are just up to manipulation. These platforms are quite unpopular due to easy back-end access. Therefore, we suggest you choose licensed companies and trusted tools.

Available Trading Assets

Tradeable assets are another interesting topic. But very often, it is irrelevant if the company is a fraud. Simply, whatever assets they offer, market data, P&L, and balance could be fictive. If there are no such obstacles, you can still find flaws here. The company lacks indices and crypto assets. Instead, you can trade:

• Forex – USD/JPY, EUR/HKD
• Commodities – natural gas, crude oil
• Stocks – American Airlines, General Motors Company

Account Types

Trading accounts with this firm present you with nothing more than the amount they want from you. The only difference between the accounts is the leverage and minimum deposit requirement. Therefore, the options are: 

• Small – $100
• Medium – $5.000
• Big – $15.000
• VIP – $40.000

Mobile Trading App

Another key problem is that the company doesn’t offer any mobile applications. This is one of the key advantages of MetaTrader and any broker using it. Therefore, those trading away from their desktop setups can expect trouble. Similar to the one we reveal in our Bitchain review.

Demo Account

Generally, brokerages should offer a demo account. This way, traders can explore tools, charting options, indicators, and much more. 

Yet, with scam brokers like Tangent Capital Pro, that’s not possible. With this in mind, you know there is something hidden there.

Education

If you think that’s all, take a look at the company’s educational package. They only provide educational materials and glossaries. Practically nothing that you can’t find yourself on YouTube. Instead, take a look at any Tier 1 licensed company’s offer and see the difference.

Tangent Capital Pro Withdrawal

Withdrawing funds after numerous warnings and zero withdrawal transparency is quite impossible. The company is taking up to 7 days to process a withdrawal. In addition to that, traders have to wait a couple more days for funds to be transferred.

But before that, you can expect verification and fees-related issues. Since the company is not sharing any details about it.

Customer Support

One of the most disturbing facts about this brokerage is the lack of reliable customer service. Only e-mail and web-contact form is available. But only from 10 AM – 7 PM. Therefore, if you need something urgently, you may as well forget it.

Key Information To Consider About Tangent Capital Pro

Everything about this brokerage is suspicious. Luckily, numerous warnings have exposed their shady activities. But even without those, you can see patterns. From web-based platforms with risky and unclear conditions to zero transparency.

Therefore, if this company stole money from you, contact our team urgently. Once our refund team analyzes your case, you can get advice about refund options. On top of that, the first meeting is free. Send us a message today!

FAQSection

What is Tangent Capital?

Tangent Capital is an anonymous brokerage that is scamming traders all over the world. But after numerous warnings, their time is gone.

Is Tangent Capital Pro a Legit Broker?

Not at all. The company is not licensed by any authority but on the contrary. There are multiple warnings issued against them.

Can I Recover Money from a Trading Scam?

Surely. The key to that is to follow precise steps that depend on the payment method. For assistance, feel free to contact our refund team.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Read our in-depth RightFX review and find out why this broker is not a good option for you. There are many questions when you’re opening a trading account – is the broker regulated? Where is it based? Who is the owner? We’ve answered all these questions for you in our RightFX review.

• RightFX regulation and Security
• Is it possible to make money with RightFX?
• Scammed by RightFX?

RightFX regulation and Security

RightFX broker is very interesting for our review. The company claims to be based in London, but this cannot be true. Every company located in the UK needs to have the FCA regulation. If you check the register of the FCA, RightFX is nowhere to be found. 

When it comes to the security of the funds, the broker is equally not transparent. No information can be found about it.

Is it possible to make money with RightFX?

RightFX is a broker that is misleading its clients to be located in the UK. However, no company owner is listed anywhere, nor could we find RightFX in the FCA register. This is most likely another offshore broker with no regulation trying to convince clients of something else. Since the broker has no regulation, if you make a deposit, there is no guarantee that you can ever get your money back in case of an issue. This is why it’s best to avoid unregulated brokers.

Another thing, the broker is offering only the MT5 trading platform. Usually, all the serious brokers are offering MT4 as well since experienced traders enjoy it more. It seems that the broker is targeting clients with less experience that cannot recognize the scam.

If you pay attention to leverage, you will see that the broker is offering very high leverage of 1:1000. This is the way for clients to lose their funds fast. 

The broker is offering three types of accounts – Classic, Pro, and the VIP account. The difference is in the minimum deposit and the leverage offered for those accounts. When it comes to payment methods, they are not disclosed. The same stands for fees and commissions for deposits and withdrawals. 

When we tried to test the Demo account, we discovered that it’s not working. Be aware of the RightFX scam.

Scammed by RightFX?

What to do if you get scammed by RightFX? There is a solution. You need to file a dispute and request a chargeback. Since the procedure can be lengthy and you need to know where to start, the best is to contact our support team immediately! They will guide you through everything and make getting your money back easier!

Is RightFX a good broker?

RightFX is a broker with unknown headquarters and no regulation. Therefore, we can conclude it’s not a good broker to trade with.

Is RightFX a Scam?

The broker has no regulation, and it’s misleading its clients about being located in the UK. Based on this, we can say that the broker is untrustful and not safe to trade with.

Is RightFX regulated?

No. The broker is misleading its clients to be based in the UK, but it does have FCA or any other regulations. Be aware of this scam broker.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint