Fake FXCM Review : Fees, Pros and Cons, Reviews by Real Traders

Fake FXCM

Operating status: SCAM

Website: https://www.global-fh.com https://pc.fxcmmsafefx.cc/#

Broker violations and abnormal records

Jun 26, 2023 The Singapore MAS added Fake FXCM to its warning list
On June 27, 2023, the Monetary Authority of Singapore (MAS) added Fake FXCM to its warning list for illegally providing financial services or products without proper authorization: https://www.mas.gov.sg/investor-alert-list

On June 27, 2023, the Monetary Authority of Singapore (MAS) added Fake FXCM to its warning list for illegally providing financial services or products without proper authorization: https://www.mas.gov.sg/investor-alert-list
Jun 29, 2023 BrokersView has reviewed that Fake FXCM is an unregulated broker
In an attempt to appear legitimate, Fake FXCM claims to be operated by FXCM Markets LLC, a company, in fact, having no association with it. Our thorough investigation suggests that Fake FXCM is trying to deceive investors by imitating real FXCM's logo and the outlook of their website. Additionally, the Monetary Authority of Singapore (MAS) has put Fake FXCM on its warning list for illegally offering financial services or products without proper authorization.
In essence, Fake FXCM is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

In an attempt to appear legitimate, Fake FXCM claims to be operated by FXCM Markets LLC, a company, in fact, having no association with it. Our thorough investigation suggests that Fake FXCM is trying to deceive investors by imitating real FXCM's logo and the outlook of their website. Additionally, the Monetary Authority of Singapore (MAS) has put Fake FXCM on its warning list for illegally offering financial services or products without proper authorization.In essence, Fake FXCM is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.