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FXBreeze Review: Is FXBreeze.com Scam or Legit?

FXBreeze Review: Is FXBreeze.com Scam or Legit?

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FXBreeze is an online-based forex and crypto broker platform. They claim to offer you simple trading through the use of panda TS and various trading software such as MT5 and Sirix.

The platforms FXBreeze uses well-established trade software, but this should not quickly tempt you into believing the company is legit and meets its investors’ promises. The company claims investors can access the platform as long as they have an internet connection on their mobile phones and tablets.

The company promises investors investment opportunities in different assets and guarantee you profits. FXBreeze claim venturing in trades such as; Forex, Commodities, Crypto, Stocks, among other trades.

However, the minimum amount you can invest in the company is $250, which seems way too much. Forex and crypto trading brokers nowadays accept up to a minimum of $100 due to the vast growth and competition of the same business.

FXBreeze Review, Is FXBreeze.com Platform

The company guarantees you fixed spreads and high leverage that exceeds the limit that is expected by any brokerage platform. FXBreeze promises investors trade instruments that work and generate profits for you.

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The Investment firm promises investors excellent charting and that their platform is compatible with various trading indicators. The company also boasts of having a backtesting feature, and you’re entitled to an expert advisor before any decision in the trade.

The kind of level of experience this expert advisor has is not mentioned, and it is impossible to trust only words without any backup. Scammers will say anything to tempt you into believing the platform is legit.

FXBreeze.com Review

FXBreeze.com gives you a variety of trading tools that will always guarantee constant profits, yet they do not tell you what kind of tools you will be using. You’re also granted the capability to create your custom indicators

The platform accepts and supports various cryptocurrencies such as; Ripple, Ethereum, and Lite Coin. The company gives you leverage off 1:500; this is very high leverage and tempting, but any keen investor with experience in the trade will realize the shadiness behind the company.

FXBreeze claims to fall under another platform.  This company they claim partnership with is also not regulated and is allegedly based in Estonia. We also did some research and found out the company is banned by the Estonian regulatory body, and they are not regulated or even recognized by the regulators.

The Estonian regulators have even condemned the platform, and this is a major red flag if you still want to invest in the company. This platform is the dangerous broker and one that you will lose money too even the fact that they receive complaints from the government is a significant warning sign.

Furthermore, this platform charges extremely high amounts for the fixed trades; this disapproves of your trust in the company to offer a user-friendly experience. The platform estimates the level of pips from 2 to 3 proves that the company is trying to swindle your money.

Legit trading companies will provide you with a working demo in their trade methods. However, FXBreeze does not offer any demo account from the trading software it uses.

Regulation in customer support

The main reason to disapprove of this platform is a legit investment firm because they are not regulated and operating illegally, for any platform to generate money from investors all over the globe, you require regulatory data.

The owners of this platform risk facing criminal prosecutions, and this is the main reason behind this information getting hidden from investors. We conducted thorough research on the platforms’ regulatory policy and discovered it is not legit. There is no regulatory data that has been provided for us to approve this Investment firm.

The company claims it’s based in Australia and also in the United Kingdom. However, under ASIC and FCA, which legal, regulatory bodies the two countries FXBreeze is not under the radar, this is an ultimate red flag to avoid the platform.

Different countries have set up different laws to protect the public from investing, which scam companies or falling for their catch. There are no telephone contact details before to prove the company will reach out to you in case you require assistance.

Once FXBreeze swindle’s all investment, there is no way you can reach out to them, and your details may get blocked, and your account deleted. The unregulated companies smoothly go against the law whenever they choose to, and they’re not bound to any law.

The company has even received complaints from different governments,who are also warning citizens all over not to trust the company. FXBreeze provides the address as level 33, 25 Canada squares Canary wharf London E14 5 LB United kingdom.

The fact that the company is not regulated only proves that the location address they provide also does not exist, and you’re right to think so. During our research, we discovered that the company only uses this location to lie to investors, and it’s made up.

Funds Safety

This platform does not guarantee you the safety of your money, and you’ll only end up losing money to anonymous scammers. The company is not transparent in the method of operation, and it raises red flags.

There is no evidence of any investor who is seen to benefit from this company. The company also uses and unregulated brokers; this is a sign of scam warning to watch out for. You should trust only legit platforms with your money and ones that only are testes; they will generate money for you.

Domain Insights

According to whois.com, the company was registered in 2015 November, and the registration expires in 2020 the same month. FXBreeze uses Go Daddy.com, LLC, which is mostly loved by scammers for the freedom it allows investors to hide information of the owners.

The domain name for the company is FXBreeze.com. The fact that the platform uses registrar that allows them to hide their information is a risky warning.

Final verdict

FXBreeze method of operation is shady and that they are regulated only raises doubt in the platform method of service and constant profit. The company uses unregulated brokers, and you can prove this because no evidence of any regulatory data is visible.

The company is generating funds from the public without regulatory data and has even received complaints from the government in Estonia. Once the owners of this platform rob all your investment funds, reaching them for a refund is impossible.

The company tries to hide their murkiness by providing you with the profits claim that does not exist without evidence. FXBreeze will not only take your personal information, but you also will lose money to anonymous people. The founders of the company and the team of employees are also not mentioned anywhere on the platform.

There are no past trade transactions to prove the company is about forex trading or cryptocurrency. Legit trading companies will provide you with at least three months of the recent trade records for you to see genuineness.

You’re not guaranteed the security of your money, and the company is even illegal in some countries. There is no information on the regulation of the brokers; this platform uses, and you will get robbed all your money.

 

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