We’re dealing with yet another shady entity of Donnybrook Consulting Ltd, after we’ve already seen several, including OFXB and OptiMarket. Our main goal was to determine whether this brand is yet another scam entity or if the owner actually tried to have one legit and regulated firm.
Read our EuroFX review and find out more.
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| Broker status: | Unregulated Offshore Company |
| Regulated by: | Unlicensed brokerage |
| Scammers Websites: | www.eurofx.trade, www.eurofx.cc, www.eurofx.com |
| Blacklisted as a Scam by: | FCA, CNMV, FSMA, CONSOB |
| Owned by: | Donnybrook Consulting Ltd |
| Headquarters Country: | UK / Mauritius |
| Foundation year: | 2017 |
| Supported Platforms: | MT4 |
| Minimum Deposit: | $250 |
| Cryptocurrencies: | Available |
| Types of Assets: | FX, commodities, indices, shares, cryptocurrencies |
| Maximum Leverage: | 1:100 |
| Free Demo Account: | No |
| Accepts US clients: | No |
EuroFX Regulations and Security
Since we already know Donnybrook Consulting Ltd, we know it has no regulations whatsoever. Despite false claims that EuroFX has been regulated by the UK FCA and FSC of Mauritius, none of these allegations is true. Moreover, the UK FCA issued an official warning announcing that EuroFX is an unregulated scam you shouldn’t trust.
Therefore, there’s no security of the funds nor a compensation fund we can talk about. All you can do is file a dispute and request a chargeback if you ever have any issues with this fraudulent company.
EuroFX Warnings From Financial Regulators
As mentioned, the FCA published an official warning back in 2017, stating that EuroFX operates illegally.
Since the broker changed its domain, other regulators have noticed it and joined the warning.
We have an official statement from the Italian CONSOB about the EuroFX scam. Another warning came from Spanish CNMV. And for the end, Belgium FSMA followed all of the above and issued a warning itself.
Fund Withdrawal Issues With EuroFX
With everything being said, learning that EuroFX causes issues with withdrawals was not news. It was something expected, and unfortunately, it happens a lot. According to EuroFX reviews, clients that decided to invest with this fraudulent firm got all the assistance up to the point they submitted a withdrawal request. Once they did, broker’s account managers stopped responding, customer support was unavailable, and most of them could not even access their accounts anymore.
If you recognize yourself in this story, let us know immediately. In addition to this, you should avoid scam brokers such as SeaLTD, Future 500 FX and OBRinvest.
Traders About EuroFX Scam
The first thing we noticed is that all the traders have had a similar experience. They started small, made a significant profit, were lured into investing more funds, and once they did, they never heard from EuroFX again. It seems like a rather convenient pattern where you will see some fake numbers on the platform, be convinced you hit the jackpot with such a good account manager just to realize you’ve been scammed all along.
Don’t fall for the EuroFX scam!
How To Know If You Have Been Scammed Online?
If you cannot withdraw your funds or log in to your trading account, it’s evident that something is wrong. However, if you notice some subtle signs, such as making significant profit overnight, ask yourself whether it’s maybe too good to be true. Knowing EuroFX’s reputation, we wouldn’t be shocked if you’re being lured into investing more funds based on false profit.
Some brokers have become technologically advanced enough to change market prices on the platform, so if you notice that real-time prices and what you see on your trading account don’t match, report it instantly.
Scammed by EuroFX? – Tell Us Your Story Today
If you were scammed by EuroFX or a similar bogus broker, let us know. We’re here to advise you on the chargeback process and help you file a successful dispute.
But What Is A Chargeback?
A chargeback is a way for the bank to reverse fraudulent transactions provided that you have enough evidence. Contact us via online chat, tell us your story and book a free consultation with our specialists. Let’s get your money back now!
What Is EuroFX?
EuroFX is an online trading brokerage without regulations.
Is EuroFX A Scam Broker?
Yes, broker has been blacklisted in the UK, Italy, Spain, and Belgium.
Is EuroFX Regulated?
Despite false claims, this brokerage company is not regulated and operates illegally.
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
