FinCloud Broker Review

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FinCloud Broker Review


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FinCloud Broker Review – Watch Out For FinCloud.capital Trading Scam

A glance at our table should raise red flags about FinCloud brokers, no matter how experienced you are. There are no regulations, offshore headquarters, and all the conditions for scamming clients are met.

We recommend you read our FinCloud review and gather all the information you need to recover your funds if this fraudulent company scammed you.

Please read our scam broker reviews for CentoGX, C4U Capital, and Hexally before you continue reading this article. Also,it will save you money, nerves, and time without a doubt!

  1. Scam Broker Status: Offshore
  2. Regulated by: Unlicensed Company/No Regulated
  3. Websites of scammers: www.fincloud.capital / www.fincloud.center
  4. Forex Trading Scam Operating Status: Active
  5. N/A has blacklisted this scam as a scam
  6. Surreptitious Group LLC is the broker-owner
  7. St. Vincent and the Grenadines is the company’s headquarters.
  8. The year of foundation is 2021
  9. Platforms for online trading: WebTrader
  10. Trading via mobile device: Available
  11. The minimum deposit is $300.
  12. A 25% deposit bonus is available.
  13. Trading of crypto assets is not available.
  14. You can trade CFDs: Yes, you can.
  15. Trading instruments include Forex (FX), commodities, indices, and shares.
  16. Leverage maximum: N/A
  17. There is no Islamic account available.
  18. Live trading accounts are the only ones available, and there is no free demo account.
  19. Clients from the United States are not accepted: US traders are not accepted.
  20. The Global Fraud Protection Experts’ Verdict: Stay away from this scam broker!
  21. FinCloud Regulation – Important Things to Know

Kingstown, Saint Vincent and the Grenadines, is home to the FinCloud forex brand, which is located on notorious James Street. As it’s the home of scam brands such as AZAForex, OpoForex, and others, it was the first indicator to avoid the company.

Aside from that, the company’s official owner is Surreptitious Group LLC, which is not registered with the FSA. While the FSA is not an official regulator, being registered there gives clients some comfort, knowing that the company exists somewhere in the authority system.

FinCloud regulation is not under the control of the FSA, FCA, ASIC, BaFin, or any other Tier 1 regulator.

It would help if you also excluded InfinitGain, WinnGroups, and BoaCrypto from your list of potential brokers.

What’sWhat’s Wrong With A Trading License?

Our findings suggest that broker FinCloud is a fake financial services provider since there is no license. There is no compensation fund for sure, regardless of whether the website is located in Saint Vincent and the Grenadines or not.

Where Is FinCloud Trading Scam Active?

Based on FinCloud complaints, we can determine that the broker is mainly active in:

The list goes on to include comments from the UK, Austria, South Africa, and more.

It’s important to know that if you work with this trading firm, you won’t have a regulator to complain to, so avoid falling victim to FinCloud.

Negative FinCloud Reviews – Brazen Trading Scam

Offshore companies sometimes use fake reviews to lure clients and steal their money. FinCloud reviews on websites such as Trustpilot are excellent, but you shouldn’t trust them.

A closer look reveals that the reviews originate from the UK but are written in various languages, from Spanish to German. Due to this, you should be aware of and avoid the FinCloud trading scam at all costs.

Scammed By FinCloud Broker? – Talk To Our Recovery Experts

We’ve seen it all at Global Fraud Protection. Also, we make it our mission to assist clients defrauded by fake offshore brokers every day. Feel free to let us know if you encounter any problems while trading or fall victim to a FinCloud scam.

We will be more than happy to assist you if you contact us via online chat and request a free consultation with a chargeback specialist. Don’t let this scam trap you, and get your money back as soon as possible!

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FAQ Section:

1. What Is FinCloud, And Should I Invest Money In It?

Investing in FinCloud, an offshore CFD and Forex trading provider, is a bad idea.

2. What Is The FinCloud Minimum Deposit?

For FinCloud’s Start account, which comes with essential benefits, the minimum deposit is $300.

3. Can I Trade Cryptocurrencies And CFDs With FinCloud Broker?

You can trade CFDs but not cryptocurrencies with a FinCloud broker.