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Is Your Forex Broker a Scam? | Fxclearing.com is a BIG SCAMM WITH FAKE REGISTRATION.

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https://www.fxclearing.com/ (FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.

Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Fxclearing.com Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409

Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines

James Tulabot
Team Leader

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines

Virgilito Dada
Account Manager

Elton Danao
Sale Manager
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

They work with your bank / credit card company, by filing a dispute / chargeback to try and recover you money. A freelance writer who has been regularly writing for BrokerXplorer since 2020. With my articles, I wish to provide forex traders with educational topics to learn from. I was traded with capital of 5000 pesos last may 23, 2021.and after the trade I made my successful withdrawal of $3500. But the support team said that due to high traffic volume they suspend my profit and they said https://www.fxclearing.com/ I have to pay a fee of $600 . I was convinced to join a broker by the name TRADERVC , they seemed to be in the UK . After depositing the money they told me that my money was lost in the field , yet they never told me that they will be doing the trading themselves not by myself. They also asked me to put more money so that they can gain the lost one but i refused. On the 26th of March 2021,i registered with this company after being made to believe that will get profits in some few days.

Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You may expect anything in life, and even if you take measures, you may end up getting cheated. If this unfortunate event occurs, you must contact Global Payback as quickly as possible.

Is the broker offering profits or rewards for opening an account?

Below are snips of a proven scam broker, CryptoRobot365. A look at TurboForex’s website reveals that they are not governed by any regulatory body. TF Trading Ltd., an offshore corporation registered in the Marshall Islands, owns TurboForex. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
Regulated vs Unregulated Forex Brokers
Instead, consider less risky and proven index or mutual funds for your investment endeavors. Any time a broker offers to place a trade on your behalf, tell them no! If you want to invest in Forex, then do your research and learn how to become a real trader. But do not think that someone else is going to make money for you. You received a phone call from a Forex broker, offering to invest your money. The problem is that trading Forex or Crypto Currencies is extremely risky.

They are professional marketers, they find you

Furthermore, CySEC mandates the separation of client accounts. This rule states that a broker is not permitted to freely access client accounts and “borrow” money from them. This is a process comparable to that of an insurance firm. All CySEC-regulated brokers are required to contribute a portion of their profits to a communal pool on a regular basis, which later serves as a guarantee against broker insolvency. If you trade with such a company and it goes bankrupt, your account will be protected forex scam for up to EUR 20,000. Vertical Markets additionally provide a type of fund management that is not clearly presented. Whatever the circumstances, a broker who provides this type of service has a high risk of conflict of interest. In these cases, extra caution is advised, especially when dealing with an unregulated company. This is literally the million-dollar question as no honest, hardworking trader could understand why anyone would want to carry out this kind of fraud and deception?
Therefore, it is necessary to know every detail about the forex trading scams. Most importantly, you need to know the ways to identify scam brokers. Our expert team have identified 500+ fake forex brokers list that you need to avoid. The rise of multi-level marketing enterprises centered on forex trading has contributed to the currency’s appeal.

We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky