FXLift Broker Review
- 350+ Tradable Assets
- The minimum deposit fee is high
- Not strictly regulated
FXLift Broker Review – Why You Shouldn’t Deal With FXLift.com
Officially, FXLift is a legitimate broker. However, the fact that they have an offshore entity led us to ask some questions. We wanted to know if FXLift is regulated offshore, how it operates, and what clients should do if they are scammed.
Find out everything you need about FXLift by reading our honest review. But first, we invite you to read our recently updated scam broker reviews for InstaForex and DeltaFX. There is a danger to your funds with them!
- Regulated offshore broker
- Licensed by: CySEC
- Websites of scammers: FXLift.com and FXLift.EU
- Operational Status: Alleged Forex Scam
- Scam listed by: N/A
- Owner of the broker: Notesco Financial Services Ltd
- Country of headquarters: Cyprus
- Date of foundation: 2010
- Trading platforms: MetaTrader 4 (MT4)
- Access to mobile trading: Yes
- Minimum Deposit: None
- Cryptocurrency Assets: Not available
- Forex (FX), commodities, shares, indices, and futures are available for trading.
- Leverage maximum: 1:30 (1:1000 for offshore entities)
- Islam Account: Not available
- Demo Account: Yes, it’s free
- Does not accept US clients: US traders are not accepted.
- Experts’ Verdict: Don’t Invest in This Scam Broker!
FXLift Regulation: Is the Broker Legit?
FXLift is a Cyprus-based online trading brokerage owned by Notesco Financial Services Ltd. Therefore, the broker is regulated by CySEC under number 125/10. IronFX, also suspected of fraud, is owned by the same company as FXLift.
Notesco Limited is a Bermuda-registered company with an offshore entity, which worries us the most. Because offshore companies are usually used to conduct schemes, we examined this company’s legitimacy and what clients can expect from it.
Questions to FXLift License – Reputation Problems
It is true that Bermuda is an offshore country, but it does have a financial regulator, the Bermuda Monetary Authority. However, we did not find any FXLift regulation after checking it. According to CySEC’s website, Fxlift.com’s offshore entity is not listed as approved.
Trading scams such as FXLift should be avoided. Additionally, we recommend staying away from scam brokers such as Lirunex, ActivTrades, and Capixal. Withdrawals are not possible!
FXLift Login Problems – One Of The Signs Of A Scam
Scams involving online trading can be identified by several signs. You should be suspicious of your broker if he or she is trying too hard to persuade you to invest your money, does not reply to your emails and calls, or rejects your withdrawal request. It appears that FXLift also suspends clients’ accounts, according to FXLift reviews. What does it look like? An error or login issue will appear after you try to log into your account.
Let us know if you cannot contact support for more than a few days. It’s highly likely you’re being scammed, and you’re putting your money at risk.
Scammed By FXLift Broker? – Talk To Our Experts Today!
We urge you to contact us immediately if you recognize yourself in our story, have problems logging in, cannot withdraw funds, or have similar issues. Imagine that FXLift or another bogus broker has scammed you. Our first step should be to file a dispute and charge back the fraudulent transaction as soon as possible.
Chargebacks have a limited time limit, so you must act quickly. Get your money back now by contacting us via online chat!
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FAQ Section:
What Is FXLift, And Should I Invest Money In It?
It would help if you avoided this online trading brokerage from Cyprus with an offshore entity in the Bahamas.
Is FXLift Safe?
In Bahama, FXLift’s offshore entity is unregulated. This makes it unsafe.
Which Assets Does FXLift Offer?
Trade currency pairs, commodities, indices, shares, and futures with this broker.