1.7
☆☆☆☆☆ 1.7/5
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FCTrading Broker Review
- CFDs and crypto can both be traded with this firm
- The minimum deposit fee is high
- Brokers do not offer demo accounts, only live ones.
Overview
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FAQ
FCTrading Broker Review – Be Careful With The FCTrading.com Fraud
You may think FCTrading broker is your best choice if you’re interested in investing. It is a broker oriented towards you since its full name is Future Currency Trading.
Find out if everything is what it appears to be by reading our FCTrading review.
Before we proceed, we encourage you to read our reviews of FinCloud, ETHProfits, and Globalix scam brokers. However, it will save you time, money, and nerves!
- Scam Broker Status: Offshore
- Regulated by: Unlicensed Company / No Regulated
- Websites of scammers: future currency trading.pro / www.trading.pro o
- Forex Trading Scam: Active
- Scam-listed by: FCA, CNMV, CMVM, CONSOB
- Owned by: Infinium Solutions Ltd / F.C. F.C. EC Trading Ltd.
- Country of headquarters: Commonwealth of Dominica
- Year of foundation: 2021
- Platforms for online trading: WebTrader
- Trading via mobile browser is the only option.
- $250 is the minimum deposit.
- Bonuses on deposits: None
- Trading Crypto Assets: Available
- Trading CFDs is an option: Yes, you can trade CFDs
- Available Trading Instruments: Forex (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos)
- Leverage maximum: N/A
- No Islamic Accounts are available
- Demo Accounts are not available; only live accounts.
- The company does not accept US clients.
- Scam Broker Verdict: Don’t Invest!
Is FCTrading Regulated? – Why Does It Matter?
As a result of regulation, there is an authoritative body above the brokerage, overseeing its activities and ensuring there will be no problems. The possibility of a company stealing money from clients is wide-open if it does not have a license.
The company FCTrading is owned by Infinium Solutions Ltd, a Dominican company. We searched through the FSU register since it was established last year.
What’s Wrong With A License? – Beware Of Fraud
Obtaining an offshore license is more of an option than an obligation for brokers. Since offshore companies are getting money for being discrete, offshore countries aren’t too harsh on them. FCTrading’s regulation does not fall under the FSU of Dominica, nor does it under Tier1 regulators such as the FCA and ASIC.
This investment firm is unregulated, so beware of fraud!
Furthermore, we recommend excluding TradeTheBit, Kiplar, and ViaMarketsGo from your list of potential brokers.
Scam Warnings From Financial Watchdogs
Following numerous FCTrading complaints, the UK FCA issued an official warning against this fraudulent company. Their warning was echoed by the Spanish regulator, later republished by the Italian CONSOB and Portuguese CMVM.
A forex broker named FCTrading presented itself as a UK-based company owned by a company called Trading (UK) Ltd. Due to its official address in Dominica, we are unsure if this entity even exists. It never opted for FCA regulation.
The Spanish regulator, CNMV, has also warned FutureCurrencyTrading that it is not authorized to offer financial services in Spain.
Where Is FCTrading Trading Scam Active?
Based on our review, FCTrading scams primarily target:
- UK
- France
- Canada
Nevertheless, we’re confident these aren’t the only areas affected. Unregulated brokers can provide services anywhere and hope they won’t be penalized since they are not regulated.
Beware of the FCTrading trading scam! Could you not get caught up in it?
What Can FCTrading Fraud Victims Do? – Talk To Our Experts Today!
Feel free to let us know if FCTrading has scammed you. We at Global Fraud Protection are here to assist victims and help them get their money back.
Please send us an online chat to schedule a free consultation, and let’s discuss your needs. Get your funds back before it’s too late instead of allowing scammers to keep them!
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FAQ Section:
What Is FCTrading, And Should I Invest Money In It?
As an unregulated company, FCTrading should not be your time and money source.
Can I Trade Cryptocurrencies And CFDs With FCTrading Broker?
A broker like FCTrading allows you to trade crypto and CFDs.
Does FCTrading Give a Deposit Bonus When Opening an Account?
FCTrading does not provide information about their bonus, but withdrawals may be prevented.