WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

FX-TRADING

South Korea|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.fxtradingcorp.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Russia 3.46

Surpassed 15.40% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

support@fxtradingcorp.com
https://www.fxtradingcorp.com/
https://www.facebook.com/fxtradingcorp/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

FXTRADING CORPORATION

Abbreviation

FX-TRADING

Platform registered country and region

South Korea

Company website
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

FX-TRADING · WikiFX Survey

Users who viewed FX-TRADING also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IUX

8.82
Score
2-5 yearsRegulated in AustraliaStraight Through Processing(STP)MT5 Full License
Official website

CPT Markets

8.60
Score
10-15 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website

FX-TRADING · Company Summary

Note: FX-TRADING's official site - https://www.fxtradingcorp.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

FX-TRADING Review Summary
Company Name FXTRADING CORPORATION
Registered Country/Region South Korea
Regulation Non-regulated
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Commission N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Email: support@fxtradingcorp.com; Facebook

What is FX-TRADING?

FXTRADING CORPORATION is a cryptocurrency investment platform based in South Korea that alleges to offer high-profit potential to its investors. However, it's important to note that the platform is not regulated by any financial authority and appears to lack transparency and credibility. Its official website is inaccessible, and crucial information regarding its products, services, trading platform, and fees remains undisclosed, leading to strong allegations of fraudulent activity.

FX-TRADING

Pros & Cons

Pros Cons
  • Appealing Potential Profits
  • Very Likely to be a Scam
  • Non-regulated
  • Negative Customer Reviews
  • Limited Customer Support
  • Inaccessible Website

Pros:

  • Appealing Potential Profits: FXTRADING CORPORATION appeals to potential investors with the promise of high profits. While this can be tempting, investors must be cautious as substantial profit claims are often associated with high-risk or fraudulent ventures.

Cons:

  • Very Likely to be a Scam: The company has been flagged by multiple users for potential fraudulent activity. The inaccessibility of their official website and lack of disclosure of essential company details lend credibility to these scam concerns.

  • Non-regulated: FXTRADING CORPORATION is not regulated by any recognized financial regulatory authority.

  • Negative Customer Reviews: The platform has collected multiple negative reviews from its users, indicating potential issues with its offerings and overall operation.

  • Limited Customer Support: The company offers limited customer support only via email and Facebook. Such limited support channels can be a hindrance for clients seeking immediate assistance or resolutions to issues.

  • Inaccessible Website: The company's official website is inaccessible. This creates a barrier for users to gain accurate and reliable information about the company's operation, products, and services.

Is FX-TRADING Safe or Scam?

  • Regulatory Sight: FX-TRADING is not regulated by any recognized financial regulatory authority, which significantly undermines its credibility and security.

No license
  • User Feedback: Reviews from the customers depict a disturbing pattern of numerous issues, including the inability to access funds, the disappearance of the company's website and funds, unexpected and hidden fees, and extremely limited customer service. The overwhelmingly negative reviews and frequent mentions of scam allegations further underscore the concerns over the legitimacy of FX-TRADING CORPORATION.

User Exposure on WikiFX
  • Security Measures: So far we haven't found any information about the security measures for this broker.

Investment Plans

It offers high-profit potential, claiming to provide 1% - 2.5% of daily passive income for 200 days with an investment of at least $100. Total projected returns, including profit and capital, are as high as 400%. However, a withdrawal fee of 5% is charged. Given these figures, it's critically important for potential investors to understand the substantial risk that comes with high-return investments and the company's lack of regulatory oversight.

Conclusion

FX-TRADING, a South Korean cryptocurrency investment platform, presents a highly risky and non-transparent trading environment due to its unregulated status, lack of information, and inaccessible website. The company's offering of high-return investment plans should be approached with significant caution. We do not recommend users to trade on this platform.

not recommended

Frequently Asked Questions (FAQs)

Q: Is FX-TRADING regulated?

A: No, FX-TRADING is not regulated by any recognized financial regulatory authority.

Q: What are FX-TRADING's investment plans?

A: FX-TRADING claims to provide 1%-2.5% daily passive income for 200 days with a minimum investment of $100.

Q: Are there any significant risks associated with FX-TRADING?

A: Yes, FX-TRADING is unregulated, has numerous negative reviews, and lacks transparency in its operations, all of which present substantial risks.

Q: Is FX-TRADING a good choice or not?

A: FX-TRADING is not a good choice for traders due to the high risks involved, the inaccessible website, non-regulated status, and negative user reviews.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Review 10

10 Comments
Write a comment
All(10) Latest Neutral(1) Exposure(9)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com