FXVC (Fcvc.com.au) is a CFDs and Forex broker scam to hit the lucrative Forex trading world. FX VC is claiming to offer investors lightning fast trade executions that are unmatched by any broker. Fxvc claims to be based in Australia and offers traders CFDs, Gold, commodities and much more. They also boast of dealing in Crypto currency markets. With all these claims, we had to conduct an investigation of FXVC.
What we always advocate for especially to newbie traders is to always read reviews. Reviews give newbies an idea of what to expect with a Forex product or service. This way, they will go in knowing the dos and don’ts of a Forex broker. With FXVC, there’s a lot to reveal about this Fake broker. What Fx vc has done is lay claims and promises that will entice newbie investors into signing up.
Claims and promises have been used by scammers to entice users to sign up. Scammers know for a fact that we all want to make a quick buck or two. They take advantage of this need by promoting the notion that they can make this work. What they do is entice users into believing that the can make high and quick returns. Folks, don’t be enticed by these claims and promises, scammers will do or say anything to make you sign up.
It’s Recommended that you always sign up with Accountable and Genuine Forex brokers at all times. Honest and Reliable Forex brokers will ensure that you have a smooth trading experience at all times. Go for Tested and Trusted Forex brokers that guarantee your safety when trading Forex. This is a proven way of making real money with Forex trading. Always go for Convenient Forex brokers and start making money today.
According to the disclaimer at the bottom of their homepage, FXVC is owned by Intelligent Financial Markets Pty LTD. They fail to mention the people who actually own and operate this mother company. Why have they failed to mention the CEO or CFO of Intelligent Financial Markets Pty LTD?
Want to make money automatically with Forex, Bitcoin and other Cryptocurrencies, Commodities etc without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! WorldMarkets is for you! With the WorldMarkets AI Managed Account Services, only YOU are in control of your investment funds. WorldMarkets is a trading platform that uses artificial intelligence to handpick highly profitable and low-risk trades for its users. It also goes ahead to trade for you based on analyzed data. And yea, you guessed right, “it almost never loses”. This is indeed the holy grail of trading. It is much more reliable and profitable than paying gurus to trade for you, mulling over candle sticks or playing the luck game. Using this system, investors and traders have recorded over 30% Returns on Investment in less than a month. And with a 100% compound return, you simply cannot lose with WorldMarkets. All you have to do is sit back, manage your funds and let the AI trade for you. Are you ready to start making aggressive profits regardless of the market’s direction? If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to WorldMarkets now and choose a plan to start trading. PS: WorldMarkets is a Profitable Forex/Crypto AI Managed Trading Service. 100% Verified and Recommended by Valforex.com.
Folks, scammers are good at one thing, being anonymous. Once you see that a broker is anonymous, stay away from them. This is a bad character to have as a broker as it involves crooked characters. FXVC claims to have a registration number 426359 which is simply a random number. They also have put up ACN: 155 185 014 as their licensing number given to them.
Just because a broker posts a licensing number does not mean that it’s true. Australian Financial Services does not issue licensing number in that format. What this means is that these scammers will do or say anything to make the platform look legit. It means that they have also put up a fake licensing and registration number. Now you know that we are dealing with a scam professional outfit that simply wants people to sign up.
If indeed this broker has registration documents, they would have posted the documents for everyone to see. Real brokers usually post their registry documents for everyone to see and for verification purposes. What this means is that this broker is out to simply steal money from unsuspecting investors. Make sure that you ignore their plea to sign up with them as they are an unregistered Forex entity.
By partnering with Crypto Mining companies, you can now start making money with digital currency. Crypto Mining companies will create a profit-making venture for all Crypto enthusiasts. Make sure to sign up with above board and credible Crypto Mining Companies with a proven track record. Start making the Crypto success journey by signing up with a recommended Crypto mining company. Reliable Crypto mining companies are a gem in the digital currency world.
According to their homepage, this broker uses MT4 trading platform for all their needs. Sadly, their MT4 trading platform does not work in any device. This includes Desktop, Mobile, and Tablet devices. Download started developing issues at 57% and this made it impossible to trust their platform.
Another disturbing detail with this platform is that it’s unstable. An unstable platform is bad news for any investors since it leaves users vulnerable. Hackers will easily bypass unstable platforms and steal personal data and credit card information.
Interested in dealing with Crypto Currency? Why not use Tested and Trustworthy Crypto Trading Robots. Sign up with the best Crypto Trading Robots that the industry has to offer. This is a sure way of making real money dealing with Crypto Currency. Sign up with Crypto trading robots that have been Vetted by the trading community. Start making money today with Genuine and Transparent Crypto trading Robots.
This broker offers users three types of accounts to choose from. They include FXVC Account Pro, FXVC Account Standard, and FXVC Account Islamic. FXVC account Islamic and Standard holders are required to make a minimum required deposit of 500AUD. Honestly; this is way too much considering the acceptable standards of 250AUD. Pro account holders are required to make a minimum deposit of 10,000AUD to start trading.
What we found odd with these accounts is that they have no other details. Apart from the details on their homepage, we have no concrete details regarding these accounts. All what we are told is that maximum leverage is 500:1 and 0.01 micro lots. What are the major advantages of one trading account over the other? These are some of the hidden details that makes this a major Australian Scam.
What we always say is the truth; funds are never safe with an unregulated broker. A red flag we spotted with FX VC is that they fail to mention their depository bank. Where do they deposit all the funds deposited by investors? It pays to know that a broker is depositing money to a known and verified bank. What’s more alarming is that users maybe depositing money straight to the owner’s personal bank account.
Another disturbing detail with this broker is that they don’t segregate accounts. What this means is that this broker is pooling funds in one account. This is a dangerous practice for one reason. In case this broker faces bankruptcy or insolvency, investors will lose all their funds. Another problem is that this broker does not have a compensatory scheme.
A broker should always thrive to be available when needed by users. This broker has a live chat box that stays long to answer. During our investigation, we tried to contact their live chat support team. All what we say was that the platform was calling the live chat support. Problem with this is that there was no one to receive our call. This is clear proof that FXVC wants to remain anonymous for a reason.
Having a broker that will take calls is a good thing for investors. This means that the broker will always answer your queries. With FXVC, this is far from happening; it means users are left alone. This is a classic scam trick where these scammers don’t want any backlash from victims and authorities. That’s the real reason why this broker does not have a live chat support that works.
FXVC is indeed a scam that has swindled hundreds of unsuspecting Forex investors. What this means is that whoever signs up will automatically be swindled. Best thing to do is avoid signing up with this broker. Make sure you ignore all their incoming pleas to register with them. Make sure you warn your friends from signing up with this broker.
What we have proven is that we are dealing with a professional scam outfit. From their level of anonymity to having fake registry details, stay clear from this platform. This is a dangerous platform that authorities should investigate. In order to remain safe, sign up with Tested and trustworthy Forex products at all times.
Go for Forex trading Robots that have been known to make Realistic Profit. Sign up with Forex trading Robots that come highly Recommended by the trading community. Stay safe and get Affordable and Accurate Forex trading Robots at all times. Start making money today with Dependable and Transparent Forex trading Robots all the time.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com 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… Read More