✔️ Information reviewed and updated in November 2024 by Eduardo López
IS FXTM RELIABLE? REVIEWS
In this article I will be reviewing FXTM. Is FXTM (with website fxtmtrading.info) really a reliable option? Is it safe to invest your money with this company? I will do a thorough analysis of this entity.
I will show you why I consider FXTM to be a LOW RELIABILITY company AND I JUDGE IT AS UNRELIABLE. BE CAUTION WITH THESE TYPES OF COMPANIES!
ℹ️ BROKER DATA:
There are two important aspects to consider: (1) the regulation of the company and (2) its location. Both data are essential to evaluate the seriousness and reliability of a company.
Is the company unregulated or regulated in a country with little seriousness? Is the company located in a shady location or does it not even mention its location? These are questions that every investor should consider when evaluating the reliability of the company.
Details | About the company |
---|---|
(I.e. Company | Not specified |
???? Address | Not specified |
📄 Attend the event | Not specified |
🛡️ Regulator | Not specified |
️ ️ Phone number | Not available |
Not available | |
🌐 Website | fxtmtrading.info |
🕑 Website age | Registration date: November 30, 2023 (very recent) |
???? Live Chat | No |
💳 Payment methods | Not specified |
❓ Company type | forex broker |
📞 PHONE CONTACT LIST:
The company does not provide a telephone number for contact. The absence of a means of contact is worrying and unusual.
💰 ACCOUNTS AND DEPOSITS:
FXTM does not offer different account options.
🌐 WEBSITE – SITE ANALYSIS:
Below is the company's website along with a brief analysis:
- Domain age: “fxtmtrading.info” was registered on November 30, 2023. It is a site that has been online for a short time. 🚩
- The website does not disclose its owner, indicating a lack of transparency. 🚩
- As mentioned before: the company does not indicate whether it is regulated, which suggests that it may not be regulated. 🚩
⭐ FXTM REVIEW:
After reviewing the company, I have come to the following observations:
1) The company's location is not provided. This reveals a notable lack of transparency, as location information is essential for assessing the company's security.
2) The company does not mention anything about its regulation. This suggests that it is not regulated.
3) The company seems to have a very short history. According to the available information, the domain “fxtmtrading.info” was registered on November 30, 2023, which indicates that it is quite recent.
4) The company has a negative reputation online; I have found numerous customer complaints.
5) It has been reported by the following financial regulators: FCA, UK Financial AuthorityThis indicates that the company is unsafe; proceed with caution.
“Honestly, I would not recommend investing in this company: it is not regulated and does not provide information about its affiliation. In my opinion, such a company is not recommended.”
💬 WHAT TO THINK ABOUT A COMPANY LIKE FXTM?:
FXTM, whose domain “fxtmtrading.info” was registered on November 30, 2023, is a relatively new broker on the market. This recent age may be a warning sign, as brokers with little track record may lack a solid and reliable track record.
The FXTM website does not provide information about who owns it, indicating a lack of transparency on crucial data. Furthermore, the company does not mention any regulation, suggesting that it might be operating without the necessary oversight. Lack of regulation is an indicator that the company might not meet security and investor protection standards.
FXTM also has a poor online reputation, with complaints from clients who have had negative experiences. The company has been reported by the FCA, the UK’s Financial Authority, reinforcing the perception that it could be an unsafe option. Given the lack of transparency, lack of regulation, and existing complaints, it is recommended to proceed with great caution and consider more established and regulated brokers before investing.
📣 LATEST UPDATES:
1) Update September 2024: la The UK Financial Services Authority (FCA) has reported FXTM.
✔️ CLAIM MONEY FROM FXTM:
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.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT FXTM:
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:
FXTM is a broker that offers investment services in the foreign exchange (forex) market. Users have the possibility to trade in various currency pairs globally.
In my opinion, FXTM could be considered a scam. Various characteristics and practices associated with this company suggest that it might not be a safe option for investors. It is advised to proceed with caution and do thorough research before committing funds.
In my assessment, FXTM does not present itself as a reliable option. The company displays characteristics that could indicate a lack of security and transparency, making it necessary to take additional precautions when considering this investment option.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
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. .
They are offering me to invest, I am afraid, I do not want to lose my savings or be scammed. do you have information? Thank you so much!.
Hi Maya, FXTM is a SCAM, we are receiving many complaints from investors, they do not return the money, you should never invest in an unREGULATED broker.
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.