FX Corp Broker Review

FX Corp Review 2

Latest All(2) Exposure(2)

Exposure

It's a big scam company , hired female staff for making people especially young generation fool with thier tricks.. Don't invest single penny in this.. Just in case you got friend request on FB, what's app, Instagram or any other platform just bear in mind these are scammers.. I have lost 2700 USD in FX corp.. You can deposit money but you can't withdraw.. The FX corp people will win your trust first and dream you big finance.. Will push you to invest more every time and get 10% profit every time.. But this profit is only a scam as you won't be able to withdraw your money at any cost.. When you try to withdraw from FX corp or Aradmax or ency FX they all are same, they won't let you withdraw any money.. They have won my trust because at first they allowed me to withdraw small amount so i can trust them more n more.. But when you actually want to withdraw they will say first deposit another 1000 USD as tax of your region .. Kindly stop investing in these kind of scam apps or trades.. Thanks Sharing some pictures of thier trap.. Thier numbers are here too.. Kindly take action against them..

+6

Ishi6951

2024-01-25

Exposure

I got scammed by using Fx corp trading App.

They text me on social media and made friendship with me and talk like a normal friend and told me about his family etc to make trust and asked about me and my job and savings etc and then he said I'm so poor and he showed me some screenshots and said I've invested in Gold market (XAUUSD.G) and my uncle has more than 25 years experience in this market. He showed me more than 10,000 $ profit on every trade and said this opportunity is also for you. Then i said okay i will try with some amount just for check. I deposited 500€ and made profit 50$. He said more money make more profit and like so i added more and more money approximately 10,000 $ in just one and half month and i got profit more than 70,000$. And when i wantet to withdraw some amount they said i must pay tax extra and i must deposit 5000$. I was in shock. Actually in initially i tried to do withdraw some money and it was working that's why i was satisfied. And infect they was trying to take my trust on them. And so that they scammed me. This application still in my phone. They are still asking to pay tax on whatsApp. I reported to police but i don't know if they can help me. So please aware from this gang. No one calp you in trading.

+4

Asif522

2023-09-07

FX Corp 2025 Review: Everything You Need to Know

　　Summary: FX Corp has garnered significant scrutiny in the forex trading community, with numerous reports indicating it operates as an unregulated broker. Users have expressed concerns about withdrawal difficulties and lack of transparency, raising red flags about its legitimacy. Notably, the broker claims to operate in multiple regions, which may complicate the regulatory landscape for potential clients.

　　Caution: It is essential to be aware that FX Corp operates under different entities across regions, which may affect its regulatory status and user experience. We have compiled this review based on various sources to provide a fair and accurate assessment.

Ratings Overview

Category	Rating (out of 10)
Account Conditions	3
Tools and Resources	4
Customer Service & Support	2
Trading Setup	3
Trustworthiness	2
User Experience	3

　　How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding broker operations.

Broker Overview

　　Founded in 2020, FX Corp claims to be a forex and CFD broker that offers a range of trading services. The broker operates through its website (fxcorpltd.com) and provides access to various financial instruments, including forex, commodities, indices, and cryptocurrencies. However, it lacks regulatory oversight from recognized authorities, raising concerns about the safety of client funds.

Detailed Breakdown

　　Regulated Regions: FX Corp claims to operate globally, but it is primarily unregulated, which poses significant risks to traders. Various sources indicate that it may be based in offshore jurisdictions, which typically offer little to no regulatory protection.
　　Deposit/Withdrawal Methods: FX Corp accepts deposits primarily in cryptocurrencies, such as Tether, and through bank transfers. This lack of traditional payment options, like credit cards, raises concerns about the ease of fund recovery in case of disputes.
　　Minimum Deposit: The broker has a notably low minimum deposit requirement, reportedly as low as $1, which may attract novice traders but also raises questions about the broker's credibility.
　　Bonuses/Promotions: There is little information available regarding promotional offers or bonuses, which is often a tactic used by less reputable brokers to entice new clients.
　　Tradable Asset Classes: FX Corp offers a variety of trading instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies. However, the depth and breadth of these offerings are not well-documented.
　　Costs (Spreads, Fees, Commissions): The spreads reportedly start from 0.7 pips, which is competitive; however, the lack of transparency regarding fees and commissions is concerning.
　　Leverage: FX Corp offers leverage up to 1:400, which can amplify profits but also significantly increases risk. Such high leverage is often restricted in regulated markets to protect retail traders.
　　Allowed Trading Platforms: The broker claims to provide its proprietary trading platform but lacks integration with widely recognized platforms like MetaTrader 4 or 5, which are preferred by many traders for their robustness and features.
　　Restricted Regions: While specific restrictions are not detailed, the lack of regulation may imply that traders from certain jurisdictions should exercise caution.
　　Available Customer Support Languages: Customer support appears to be limited, with reports indicating difficulties in reaching the broker's support team, further raising concerns about user experience.

Ratings Revisited

Category	Rating (out of 10)	Detailed Explanation
Account Conditions	3	The minimum deposit is low, but the lack of transparency and regulatory oversight is alarming.
Tools and Resources	4	Limited educational resources and no access to popular trading platforms like MT4/MT5.
Customer Service & Support	2	Users report significant difficulties in contacting customer support, indicating poor service.
Trading Setup	3	The proprietary platform lacks features found in established platforms, making trading less efficient.
Trustworthiness	2	The absence of regulation and numerous negative reviews suggest a high risk of scams.
User Experience	3	Negative feedback from users about withdrawal issues and overall service quality detracts from the experience.

Detailed Analysis

　　Account Conditions: While FX Corp's low minimum deposit may seem attractive, the overall conditions are marred by the broker's unregulated status and lack of transparency. Reports indicate that clients face challenges when attempting to withdraw funds, which raises concerns about the broker's operations.
　　Tools and Resources: The tools available for traders are limited. FX Corp does not provide access to popular trading platforms like MetaTrader 4 or 5, which are essential for many traders. This lack of advanced trading tools could hinder performance and limit trading strategies.
　　Customer Service & Support: Customer support is reportedly inadequate, with many users expressing frustration over the difficulty in reaching representatives. This lack of effective support can lead to unresolved issues and dissatisfaction among traders.
　　Trading Setup: FX Corp's proprietary trading platform has been criticized for its functionality and user-friendliness. Traders may find it challenging to execute trades efficiently, especially in a fast-paced market environment.
　　Trustworthiness: The absence of regulation is a significant red flag. Multiple reports indicate that FX Corp may operate as a scam, with users reporting difficulties in withdrawing funds and a lack of transparency in operations.
　　User Experience: Overall user experience is negatively impacted by reports of withdrawal issues and poor customer service. Many users have shared their frustrations, which underscores the risks associated with trading with FX Corp.

　　In conclusion, FX Corp presents numerous red flags that potential traders should consider seriously. The combination of unregulated status, negative user reviews, and lack of transparency suggests that it may not be a safe or reliable option for trading. Prospective clients are advised to conduct thorough research and consider regulated alternatives to protect their investments.