USDC Investment foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://usdc-vipfx.com/, about the company's legal and temporary regulatory information, the company's address .
USDC Investment Limited is a relatively new brokerage firm that was established within the last year. The company is headquartered in the United States and operates as a private entity. USDC Investment primarily caters to retail traders, offering a range of trading services across various financial markets. In its brief history, the firm has aimed to provide a proprietary trading platform that allows access to diverse tradable assets, including forex currency pairs, indices, commodities, stocks, and cryptocurrencies.
Despite its newness, USDC Investment has made strides in establishing a presence in the trading community. However, it is important to note that the company operates without specific regulation, raising concerns regarding its credibility and adherence to industry standards. The business model focuses on retail forex trading, providing clients with the opportunity to engage in various financial instruments. The lack of a demo account and limited educational resources have been highlighted as significant drawbacks for prospective traders.
This overview introduces the USDC investment broker, emphasizing its operational focus and the challenges it faces in the competitive trading landscape.
USDC Investment operates without valid regulatory oversight, which is a significant concern for potential investors. The firm claims to be regulated by the National Futures Association (NFA), but a search of the NFA database reveals that it does not have a valid forex license and is not authorized to provide financial services. As such, the regulatory status of USDC Investment is classified as unverified and unauthorized.
The absence of regulation implies that client funds are not protected under any regulatory framework, which poses a high risk for investors. Furthermore, there are no clear policies regarding the segregation of client funds, and USDC Investment does not participate in any investor compensation schemes, leaving clients vulnerable in the event of financial difficulties.
The firms Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are also not clearly defined, further contributing to the uncertainty surrounding its operational legitimacy. Investors are advised to exercise caution and conduct thorough due diligence before engaging with the USDC investment broker.
USDC Investment offers a wide array of trading products across different asset classes. The broker provides access to numerous forex currency pairs, allowing traders to engage in the global foreign exchange market. The firm also offers Contracts for Difference (CFDs) on various instruments, including:
The frequency of product updates and the introduction of new trading instruments remain unclear due to limited information available on the broker's website. Additionally, the USDC investment broker does not specify whether it provides retail trading services exclusively or if it caters to institutional clients as well.
The USDC investment broker offers a proprietary trading platform designed to facilitate fast and reliable trade execution. However, there is no support for MetaTrader 4 or MetaTrader 5, which are industry-standard platforms widely used by traders.
The platform provides access to various trading tools and features, including:
Currently, there is no information available regarding a web-based trading platform or mobile application for iOS and Android devices. The execution model used by USDC Investment is not explicitly stated, which raises questions about the quality of trade execution clients can expect.
Details regarding the account types offered by USDC Investment are sparse, making it difficult for potential clients to understand their options. The broker does not specify the conditions for standard accounts, including minimum deposits, spreads, or commissions.
The absence of advanced account types, such as VIP or professional accounts, is also notable. Furthermore, the broker does not provide a demo account, which is a common feature among many trading platforms, allowing traders to practice without risking real funds.
Leverage ratios and minimum trade sizes are not disclosed, leaving traders without critical information to assess their risk exposure. The lack of transparency regarding overnight fees and other trading conditions further complicates the decision-making process for potential investors.
USDC Investment offers limited information on the deposit and withdrawal methods available to clients. The broker does not specify the supported deposit methods, which may include options such as bank transfers, credit cards, or electronic wallets.
The minimum deposit requirements for different account types are also unspecified, along with the processing times for deposits. Information regarding deposit fees is not provided, making it challenging for potential clients to understand the costs associated with funding their accounts.
Withdrawal methods and any associated limitations remain unclear, as does the processing time for withdrawals. Furthermore, the fee structure for withdrawals is not disclosed, which could impact the overall trading experience for clients.
Customer support at USDC Investment is limited, with available channels including phone, email, and live chat. However, the quality and responsiveness of support have been questioned due to the lack of comprehensive information provided by the broker.
The service hours and time zone coverage are not clearly stated, which could hinder clients' ability to receive timely assistance. While the broker may offer support in multiple languages, specific language options are not listed.
Educational resources available through USDC Investment are also limited. The broker does not appear to provide extensive training materials or market analysis services, which are valuable for traders looking to enhance their skills and knowledge. Tools such as calculators, economic calendars, and signal services are not mentioned, indicating a lack of support for traders seeking to improve their trading strategies.
USDC Investment primarily serves clients in the United States, but detailed information regarding regional offices and their distribution is not provided. The broker does not specify which countries it accepts clients from or any restrictions on specific regions.
The lack of clarity regarding geographical limitations could pose challenges for potential clients looking to engage with the USDC investment broker. It is essential for traders to be aware of any legal restrictions that may apply to their location before opening an account.
In conclusion, while USDC Investment offers a range of trading products and a proprietary platform, the lack of regulatory oversight, transparency regarding account types and trading conditions, and limited customer support raise significant concerns for potential investors. Careful consideration of these factors is crucial before engaging with the USDC investment broker.
黑詠
Taiwan
On the third day after the liquidation, they left another text that made me feel intimidated. Since the other company said to compensate in full, it should automatically pay the amount instead of waiting for the customer to repay the liquidation funds before providing compensation.
Exposure
2023-12-11
黑詠
Taiwan
I made money in the past few times, but the most recent transaction resulted in a loss and liquidation. The company said it would compensate me in full, but the balance in my account must be paid before compensation can be given.
Exposure
2023-12-07
News WikiFX Exposure: The 10 most negative brokers in 2023
Forex trading is one of the most beneficial as well as risky businesses in the financial world. As a leading global third-party forex industry information service platform with over a decade of industry experience, WikiFX has the world's largest database of forex brokers. Protecting the legitimate rights and interests of forex traders is always the primary concern of WikiFX. In today’s list, we will show you ten notorious brokers we found in 2023. Let’s find them out.
Exposure USDC Investment defrauds their customers?
USDC Investment’s fraud came to light when an Indian user of the broker filed a complaint on Wikifx on December 14, 2023, regarding USDC Investment’s issue.
Exposure USDC Investment is a Honey Trap
“A Woman forced me to take a personal loan and I fell into her trap and took a personal loan of 10 lakhs and invested my money in the USDC Investment Limited platform. After this again she asked me to increase the principal by lakhs to make some good profit. I am hopeless now. I am now financially unstable as I have to repay my personal loan also and I don't have money to pay my EMIs”.
Exposure "USDC Investment is Nothing just a Fraud"~ User Said
A user of USDC Investment filed a complaint on Wikifx against it on 11 Aug, 2023. The user alleged that the broker did not let him withdraw his money. He said he has been trading with the broker since July 2023. "The last two times I did not face this issue."
Exposure "USDC does not withdraw and demands more money"- User Complained
A user of a USDC broker scammed by It. He reported on Wikifx on August 8, 2023. The victim wrote in his complaint that "he deposited 1682 dollars with the broker". He told that when he tried to withdraw money from his account. The broker asked him to deposit $5,000, and only by following this process he can withdraw his money.
Exposure USDC Investment is Total SCAM!
A random lady contacts a guy on WhatsApp and asks him to start trading with USDC Investment. More than one month, she daily urges him to Invest money with the broker. Ultimately, on May 24, 2023, He invested his hard-earned money in USDC Investment. This was the beginning of his downfall.
Exposure Fraudulent broker even Threatens victim
A user who turned into a victim now. Complaint on Wikifx regarding the Withdrawal issue on 16 July 2023. The user is from India. He told in his Complaint that he & one of his friend invested 11 Lakh in total as of now and facing a Withdrawal issue currently.
deva663
India
they rejected my request to withdraw
Exposure
2023-12-14