✔️ Information reviewed and updated in June 2024 by Eduardo López

IS Falcon FX RELIABLE? OPINIONS

In this post I will analyze Falcon FX. Is forex and cryptocurrency CFD broker Falcon FX (with website falcon-trades.co.za) really reliable? Is it safe to invest your money with this company? I will review this company in detail to evaluate its reliability and security

I will detail why I consider Falcon FX to be a low security and unreliable company. Be careful with these types of entities!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressUnited States
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ PhoneDoes not have
📧 Email[email protected]
🌐 Websitefalcon-trades.co.za
???? Live ChatNo
💳 Payment methodsNot mentioned
Company typeCFD broker in forex and cryptocurrencies

📞 LIST OF PHONE NUMBERS:

The absence of a contact telephone number in the information provided by the company raises some concern.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans/accounts that Falcon FX offers; They are divided into 3 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
BASICZAR5000
SilverZAR50000
BRONZEZAR500,000


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Falcon FX website
  • Age of the website: According to records, the domain “falcon-trades.co.za” was registered on November 26, 2023. This indicates that the website is relatively new, which could raise questions about its history and experience in the financial market. 🚩
  • The website does not provide information about the ownership or identity of those responsible behind the company. This lack of transparency can generate distrust among potential clients, since they cannot verify the legitimacy or reputation of the site operators. 🚩
  • The company does not refer to any regulation or supervisory authority, suggesting that it may not be subject to the standards and controls established by financial regulatory bodies. This represents an additional risk for investors, since they would not have the protection and guarantees provided by regulatory entities. 🚩

⭐ Falcon FX OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in the United States, but I think they are trying to mislead about their location. This discrepancy raises questions about the veracity of the information provided and suggests a lack of transparency on the part of the company.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

4) The company has a very bad reputation on the internet, according to the numerous customer complaints I have been able to find. These complaints may be indicative of questionable business practices or poor services on the part of the company.

5) The company mentions generating a large percentage of profitability in each plan that offers from 100% to 170% profit, which is so good and exaggerated that I think it is false.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “falcon-trades.co.za” was registered on November 26, 2023. It is very recent.

6) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE Falcon FX?:

Falcon FX, a company that claims to be based in the United States, raises serious concerns regarding his transparency y veracity. The lack of clarity about its actual location creates uncertainty about the authenticity of the information provided, suggesting a lack of transparency by the company 🌐.

Furthermore, the absence of any reference to its regulation indicates that Falcon FX could be operating without regulatory oversight, which increases the risks for investors in terms of safety and protection of their funds.

Hen/Stag high profitability promises up to 170% are too good to be true and raise doubts about the credibility y reliability of the company. This combination of factors, together with its short trajectory in the market, highlights the need for extreme caution when considering any relationship with Falcon FX 📈🚫.


📣 LATEST UPDATES:

1) Update May 2024: la FCA, Financial Authority of the United Kingdom, has denounced Falcon FX.


✔️ CLAIM MONEY FROM Falcon FX:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Falcon FX:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Falcon FX?

Falcon FX is a broker specialized in the intermediation of Contracts for Difference (CFDs) in the foreign exchange (forex) and cryptocurrency markets.

Is Falcon FX a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Falcon FX reliable?

Falcon FX is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Falcon FX?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (476 votes)

2 comments on «IS Falcon FX RELIABLE? OPINIONS»

  1. Paul Reply

    This company is a scam. THEY NEVER LET YOU WITHDRAW, don't do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Paul, Falcon FX is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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