FXReino Review: Awful Forex Broker Scam

× Alert!
  • - Can't withdraw your funds from this fraudulent company or broker?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:

Fill out the form below to recover your lost funds from this scam company

FXReino Review: Awful Forex Broker Scam

FXReino ( is a CFDs and Forex scam broker claiming to make investors rich within a short time. FX Reino is offering users claims and promises that include 500:1 leverage and comes with a deposit of $10. Complaints have been sent to us by some users who have been swept clean by FXREINO. This is why we deiced to conduct a full and thorough investigation. Here’s what we found out.

FXReino Review

FXReino Review:

What we always say in most of our reviews is that never open an account without reading reviews. Reviews were created so that users can know more about a product before committing themselves to it. FXReino has used some dirty tricks to lure unsuspecting investors into signing up with them. Here, we are about to reveal all the lame tricks that these scammers use to get people to sign up.

Claims and promises are what scammers use the most for their bag of tricks to work. Scammers know that we all want to make an extra buck in our lives. This said and done, they take advantage of this need by claiming to have answers. What they do is make claims and promises that seem so good and thus, investors sign up. Some of these claims are purely lies and made to entice users. Find out more in this detailed review.

Always go for Dependable and Honest Forex Brokers who have been vetted by the trading community. These Forex Brokers are Genuine and professionals in all their activities. Best sign up with Accountable and Accurate Forex Brokers who will ensure your safety when trading. Sign up with Trustworthy and Tested Forex brokers who have the reputation needed in Forex trading. This is a sure way of making money with Forex trading.

Who Owns FXReino?

FXReino is apparently owned by Evest Group SV LTD, this according to the disclaimer at the footer of the homepage. They also add in that this firm is registered in St. Vincent and the Grenadines. What they admit is that they are an offshore brokerage firm which is a problem in our eyes. According to the disclaimer, they have a registration number 25182 IBC 2018. Folks, we will reveal more on this below.

First red flag that we spotted with FXReino is that there’s no clear detail regarding the owners. Who actually owns Evert Group SV LTD? Why have they failed to name the CEO or CFO of the mother company? If we knew the people behind this platform, it would make verification easier. These scammers don’t want to be names anywhere for a reason; they simply don’t want the backlash from victims.

👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now

Is FXReino Licensed or Regulated?

FXReino Scam

FX Reino is not licensed or Regulated by any regulation body that we know off. What this means is that they have no authorization to conduct any Forex transactions. Third parties who give consent for FX Reino to conduct Forex business are at risk of being scammed. No regulatory body will help recover money lost since users are dealing with an unregulated entity. And this is where we draw the line.

A legit Forex broker ensures that they post their regulatory documents for everyone to see. Where are the Licensing documents for FXReino? They surely don’t have any and that’s why they fail to mention or post them. Folks, this is a dangerous platform to use as they will close down shop without warning. Always go for brokers that have been regulated by bodies such as FCA, CySEC, and FSA.

Trading Platform.

According to their homepage, this brokerage firm uses MT5 trading platform. For a Broker to be considered effective, their platform must be compatible with all devices. What this means is that a platform must be compatible with Desktop, Mobile, and Tablets. Problem we encountered with their platform is indeed a red flag. This platform could not be downloaded on any of our devices which is a huge disadvantage.

What this means is that their platform stalled at 57% when we were downloading. This is proof that we are dealing with an unstable platform which is bad news for investors. Unstable platforms have been known to be the center of attraction for hackers. Hackers take advantage of unstable platforms to steal personal data and credit card information.

Why not use alternatives that are convenient and easy to use? Get Forex trading Robots that have been Authenticated and Proven to make Realistic profit. Sign up with Forex trading Robots that are Affordable and Comfortable to use. Experts and Newbie investors have made money using industry Vetted Forex trading Robots. 

Types of Accounts.

FXReino is offering users three types of trading accounts to choose from. Users can choose from STP Account, ECN Account, and I-ECN Account. STP Account holders are required to make a minimum deposit of $100 to start trading with FX Reino. This account comes with spreads and 0.00 lot commission. ECN Account holders must make a minimum required deposit of $1000 to start trading.

I-ECN Account holders must make a minimum required deposit of $5000 to start trading. This account comes with a commission of 30% per lot. Problem with all these claims is when it comes to required minimum deposit. Why did they initially claim to make $10 as the minimum required deposit? What made them change this price tag? Folks, FXReino is a professional scam group that’s out to take your money.

Are Funds Safe with FXReino?

FXReino Fake Review

With an offshore broker, your funds will never be safe and this is another red flag. What we found out will most likely shock you when it comes to funds safety. To begin with, this broker fails to mention their depository bank. Where do they bank all the money being deposited by users? Another red flag is that users maybe depositing money straight to the owner’s personal bank account.

FXReino is not following the simplest of rules; they don’t participate in a compensatory scheme. What this means is that users will never be compensated in case of Bankruptcy and Insolvency. And this folks is a huge red flag and reason enough not to deposit with them. FX REINO does not segregate accounts which is another flaw with this broker. What this broker is doing is pooling funds in one account.

Fake Demo Account.

When it comes to their demo account, this broker has taken scams to the next level. Once you sign up with their demo account, you will most likely make over 90% successful trades. This broker has rigged the demo account intentionally to lure users to sign up with a real account.

A real account is different from the demo account as it requires users to deposit real money. What these scammers do is give users wrong information and news so that they can lose money. Once investors lose money, they share the spoils with other rogue brokers. And now you know better than to sign up with a rogue Forex broker such as FXReino.

Is FXReino a Scam?

FXReino is indeed a scam that’s simply wants you to deposit money with them. Evidence that we have clearly shown confirms this statement. From the level of anonymity to being Unregulated, FX Reino is surely a scam. Folks, you are not to sign up with this broker unless you are in the mood to lose money. Make sure to warn your friends regarding this broker and don’t enlist in their introducing broker program.

FXReino Final Verdict.

FXReino Scam Review

Option we are left with is to add FXReino in our scam blacklist. What will happen next is that this platform will shut down and save investors the agony of losing money. Make sure to ignore all incoming emails sent by their email marketing team. Mark all their emails as Spam and never click on any links sent by them.

On all occasions, sign up with Tested and Trusted Forex brokers who have been verified. Want to make real money with Forex trading? Sign up with Dependable and Genuine Forex brokers who will ensure your safety when trading. This is a sure way of making money with Forex trading.

We wish you all the best in your online investments, remember to always remain safe at all times.

Leave a Reply

Your email address will not be published. Required fields are marked *


Follow Us will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.