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Fake FXCM

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Operating status: SCAM

Website: https://www.global-fh.com; https://pc.fxcmmsafefx.cc/#

Broker violations and abnormal records
  • Jun 26, 2023 The Singapore MAS added Fake FXCM to its warning list

    On June 27, 2023, the Monetary Authority of Singapore (MAS) added Fake FXCM to its warning list for illegally providing financial services or products without proper authorization: https://www.mas.gov.sg/investor-alert-list

    On June 27, 2023, the Monetary Authority of Singapore (MAS) added Fake FXCM to its warning list for illegally providing financial services or products without proper authorization: https://www.mas.gov.sg/investor-alert-list
  • Jun 29, 2023 BrokersView has reviewed that Fake FXCM is an unregulated broker

    In an attempt to appear legitimate, Fake FXCM claims to be operated by FXCM Markets LLC, a company, in fact, having no association with it. Our thorough investigation suggests that Fake FXCM is trying to deceive investors by imitating real FXCM's logo and the outlook of their website. Additionally, the Monetary Authority of Singapore (MAS) has put Fake FXCM on its warning list for illegally offering financial services or products without proper authorization.

    In essence, Fake FXCM is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    In an attempt to appear legitimate, Fake FXCM claims to be operated by FXCM Markets LLC, a company, in fact, having no association with it. Our thorough investigation suggests that Fake FXCM is trying to deceive investors by imitating real FXCM's logo and the outlook of their website. Additionally, the Monetary Authority of Singapore (MAS) has put Fake FXCM on its warning list for illegally offering financial services or products without proper authorization.In essence, Fake FXCM is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Complaints

1 comments

ASIF AKRAM
Fx-cm.asiaNew scamer FXCM Financial Ltd Dear Customer:Hello! We are very sorry to bother you. We are [fxcm] Foreign Exchange Exchange. Recently, during the routine monitoring and verification of the remittance business and fund transactions of your international card account, some abnormal transaction characteristics were found. According to relevant laws and regulations and anti-money laundering regulatory requirements, your account currently has a risk warning of suspected involvement in money laundering activities.Please be aware that financial institutions have the obligation to cooperate with regulatory authorities to combat illegal money laundering and maintain the stability and purity of the financial market. In view of this situation, in accordance with the established procedures, we need your assistance in further investigation and clarification. At present, in order to ensure the smooth progress of subsequent investigations and the controllability of potential risks, according to relevant compliance guidelines, you need to pay a margin of 30% of the total account funds. The margin of 18,000 USDT is not a punishment for you, but a temporary custody. After the investigation is completed and it is confirmed that you have no violations, it will be returned to you in full and in a timely manner. We are well aware that this situation has caused you a lot of inconvenience, and we apologize for this. However, please be sure to pay attention. If you fail to pay the margin on time, some functions of your account may be restricted, affecting your subsequent normal use of fundsCopyright © 2021 FXCM. All rights
Jan 17, 2025
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