✔️ Information reviewed and updated in July 2024 by Eduardo López

IS Fxproxtrades RELIABLE? OPINIONS

In this post, we are going to investigate Fxproxtrades. Is the cryptocurrency, indices, forex, stocks, ETFs, options and energy broker Fxproxtrades, which has its website at fxproxtrades.com, a reliable and safe option? Is it advisable to invest your money with them? I will analyze this company in detail.

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


ℹ️ BROKER DATA:

Let me highlight two key points: (1) first, the regulation of the company and (2) second, its location. These are vital data to measure the seriousness and reliability of a company.

Is the company unregulated or regulated by an untrustworthy country? Is the company located in a place of dubious seriousness or does it not even mention its location? These are essential questions for any investor considering the company's reliability.

InformationAbout the company
Company typecryptocurrency, indices, forex, stocks, ETFs, options and energy broker
(I.e. CompanyNot mentioned
🕑 Website ageYour registration date was: June 29, 2023 (very recent)
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
???? AddressUnited Kingdom
🌐 Websitefxproxtrades.com
📧 Email[email protected]
️ ️ Phone+44 7449357018 
???? Live ChatYes
💳 Payment methodsNot mentioned

📞 LIST OF PHONE NUMBERS:

+44 7449357018 


💰 DEPOSITS AND ACCOUNTS:

Here is a concise analysis of the different types of plans/accounts offered by Fxproxtrades; These are divided into 5 categories. Below you will find a table with information on minimum deposits by plan/account type.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
STARTER $1000
BASIC$5000
BRONZE$10000
SILVER$50000
GOLD$100000


🌐 WEBSITE – WEBSITE:

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

Fxproxtrades website

  • The age of the website: the domain “fxproxtrades.com” was registered on June 29, 2023. This indicates that the website is very recent and not very old. 🚩
  • The website does not mention who it belongs to, which reveals a clear lack of transparency in very important data. 🚩
  • As I mentioned above, the company does not indicate that it is regulated, which leads me to believe that it is an unregulated company. 🚩

⭐ Fxproxtrades REVIEW:

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

1) The company mentions being located in the UK, but I think they are trying to mislead about their location. I recommend extreme caution.

2) The company makes no mention of being regulated or its regulation. This leads me to conclude that this is 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 “fxproxtrades.com” was registered on June 29, 2023. It is very recent.

4) The company's reputation on the internet is quite poor, with multiple customer complaints.

5) The company mentions generating a large percentage of profitability, which is so good and exaggerated that I think it is false.

6) The company has been singled out by financial regulators such as the FCA, the UK Financial Authority. This underlines that it is a high-risk undertaking; caution is recommended.

“If we speak frankly, I would not feel comfortable investing in a company like that: It is not regulated. It does not mention which company it belongs to. Honestly, I cannot support a company with these characteristics.”


💬 WHAT IS YOUR OPINION ON A COMPANY LIKE Fxproxtrades?:

Fxproxtrades, with its website registered on June 29, 2023, represents a recent investment broker that raises serious concerns for potential investors. The lack of transparency by not disclosing website ownership and the omission of regulatory details are worrying signs. This absence of official regulation suggests that Fxproxtrades operates without direct supervision, which could expose investors to significant financial risks.

Although Fxproxtrades claims to be located in the United Kingdom, there are serious doubts about the veracity of this claim. This lack of clarity on physical location reinforces the need to exercise extreme caution before considering any type of investment with this company. Furthermore, the lack of track record and the recent creation of the domain “fxproxtrades.com” indicate a company with no established history in the financial market.

Fxproxtrades' online reputation is not favorable, marked by numerous complaints from dissatisfied customers. Exaggerated claims about high returns also raise red flags about the authenticity of their profitability promises. Furthermore, warnings issued by financial regulators such as the FCA and the UK Financial Authority underline the high-risk nature of this company. In short, the combination of lack of transparency, absence of clear regulation and a negative reputation make Fxproxtrades an unsafe and potentially dangerous investment option.


📣 LATEST UPDATES:

1) Update June 2024: la FCA, Financial Authority of the United Kingdom, has denounced Fxproxtrades.


✔️ REQUEST MONEY BACK FROM Fxproxtrades:

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 start recovering your money.

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.


🚨 FILE A COMPLAINT AGAINST Fxproxtrades:

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 Fxproxtrades mean?

Fxproxtrades is an investment broker in cryptocurrencies, indices, forex, stocks, ETFs, options and energy.

Is Fxproxtrades 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 we trust Fxproxtrades?

Fxproxtrades is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How can I get a refund from Fxproxtrades?

If you have been the victim of a scam or lost money, it may be helpful to seek help from a capital recovery service.

Which broker is reliable to invest?

If you are looking for a safe and reliable company, I suggest you consult the ranking of the best brokers and 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 - (446 votes)

2 comments on «IS Fxproxtrades RELIABLE? OPINIONS»

  1. James Reply

    This company will rip you off. I assure you, I can't recover my investment, don't fall into the trap, I know you'll thank me.

    • reliableforexbroker.com Reply

      Hello James, Fxproxtrades 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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