✔️ Information reviewed and updated in September 2024 by Eduardo López

IS Fugtradex.com RELIABLE? OPINIONS

Today we are going to evaluate Fugtradex.com. Is the Fugtradex.com cryptocurrency broker, operating through fugtradex.com, a company you can trust? Is it safe to invest your money with them? I will do a thorough analysis of this company.

I am going to tell you why Fugtradex.com is, in my opinion, a company UNSAFE AND UNRELIABLE. BE CAREFUL WITH COMPANIES LIKE THIS!


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.

Is the company unregulated or regulated by a country with little credibility? Is the company located in a non-serious place or does it not mention its location? These are questions every investor should ask themselves when evaluating the company's trustworthiness.

InformationAbout the company
???? AddressHertfordshire, United Kingdom
(I.e. CompanyNot mentioned
Company typeCryptocurrency broker
📄 Attend the eventNot mentioned
🛡️ RegulapainNot mentioned
🌐 Websitefugtradex.com
🕑 Website ageYour registration date was: May 17th 2023 (recently)
📧 Email[email protected]
???? Live ChatNo
💳 Payment methodsNot mentioned

📞 LIST OF PHONE NUMBERS:

No contact phone number is provided in the company. The lack of means to communicate makes me nervous. This is not common.


💰 DEPOSITS AND ACCOUNTS:

Here is a concise analysis of the different types of plans/accounts offered by Fugtradex.com; These are divided into 4 categories. Below you will find a table with information on minimum deposits by plan/account type.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
STARTER PLAN $50
STANDARD PLAN$1000
PREMIUM PLAN$3000
PROFESSION PLAN$5000


🌐 WEBSITE – WEBSITE:

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

Fugtradex.com website

  • About the age of the website: the domain “fugtradex.com” was registered on May 17, 2023. This suggests that the website is quite recent and lacks age. 🚩
  • The ownership of the website is not mentioned, showing a notable lack of clarity on crucial information. 🚩
  • As I mentioned above, the company does not mention being regulated, which makes me think that it is not subject to any regulations. 🚩

⭐ POINT OF VIEW ON Fugtradex.com:

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

1) The company claims to be located in the UK, but I have my doubts about the veracity of this claim. I recommend taking extreme precautions.

2) There is no mention of any regulation by the company or details about its regulatory status. Therefore, it appears to be an UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “fugtradex.com” was registered on May 17, 2023. It is very recent.

4) The company has a very negative reputation on the internet, as I have found complaints from customers.

5) The company mention generating up 100% of profitability, which is so good and exaggerated, that I think it is false.

6) Complaints have been made against the company with the following financial regulators: FCA, UK Financial Authority. This suggests that it is a risky venture, so it is advisable to be cautious.

“Personally, I would not be willing to invest in this type of company: It is not regulated. It does not mention which company it belongs to. To be honest, I cannot advise investing in such a company.”


💬 WHAT TO THINK ABOUT A COMPANY LIKE Fugtradex.com?:

Fugtradex.com is a broker and with a questionable reputation in the financial market. The Dominion "fugtradex.com” was recorded on May 17th 2023, indicating that it is a website relatively new and does not have an established track record as a broker.

The company does not provide information on its regulation, suggesting that it could operate no regulatory oversight. This absence of regulation It implies significant risks for users, since there are no guarantees of protection or minimum standards assured. Although the company claims to be located in the United Kingdom, there are doubts about the veracity of this claim, raising concerns about its legitimacy as a broker.

La Fugtradex.com's reputation on the internet is very negative, with multiple complaints from clients that highlight problems in their operations and services as a broker. Additionally, the broker has faced complaints to the UK Financial Authority (FCA), underscoring its perception as a high-risk company. Promises of excessively high profitability, such as up to 100%, also generate skepticism and could indicate possible deceptive practices. Therefore, extreme caution is advised when considering any type of interaction with this broker.


📣 LATEST UPDATES:

1) Update June 2024: la FCA, Financial Authority of the United Kingdom, has reported Fugtradex.com.


✔️ REQUEST REFUND FROM Fugtradex.com:

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 get your money back.

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 Fugtradex.com:

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 does Fugtradex.com mean?

Fugtradex.com claims to be a cryptocurrency trading and investment company founded by brokers with more than 10 years of experience and license in the stock market. They use advanced quantitative models to generate profits on the volatility of Bitcoin and other cryptocurrencies. However, your confidence may be questioned.

Is Fugtradex.com a scam or fraud?

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.

Can I trust Fugtradex.com?

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

What is the best way to recover funds from Fugtradex.com?

If you have been scammed or lost money, I suggest you explore recovery options. capital recovery.

Which broker is recommended to make investments?

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 - (485 votes)

2 comments on «IS Fugtradex.com RELIABLE? OPINIONS»

  1. John Reply

    This broker looks like a scam. It is true, I could not withdraw, do not fall into the trap, I know you will thank me.

    • reliableforexbroker.com Reply

      Hello John, Fugtradex.com 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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