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0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

FVP Trade

United Kingdom United Kingdom | 5-10 years |
Scam Brokers | Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://fvptrade.com

Website

Rating Index

Contact

https://fvptrade.com
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Keywords 5
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
6

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
FVP trade Ltd
Abbreviation
FVP Trade
Company employee
--
FX1009833320

FX1009833320

Unverified

Hong Kong

Platform is aggressively engaged in a pyramid shceme with Ponzi scheme mode. Lots of poeple have been deceived. Be aware.

Exposure

ZhiY

ZhiY

Unverified

Hong Kong

The platform is just a Ponzi scheme. Be aware of risks. Everyone be careful.

Exposure

请善待他人

请善待他人

Unverified

Hong Kong

Maliciously inviting people. let's make a foreign exchange into pyramid scheme. Fake supervision and take pictures

Exposure

正善

正善

Unverified

Hong Kong

Unable to withdraw. Please return our money. Please return our principal.

Exposure

股票

股票

Unverified

Hong Kong

This is a fraud broker and cannot withdraw. Ask you to deposit first, but do not withdraw later. Fraud platform

Exposure

二小姐28416

二小姐28416

Unverified

Hong Kong

Return our principle! FVP is deceiving us and induce to invest. Then, they abscond very quick and disappear!

Exposure

陌路90204

陌路90204

Unverified

Hong Kong

Fraud platform. Unable to withdraw. It is said three months, but it has been half a year.

Exposure

FX3042538072

FX3042538072

Unverified

Hong Kong

Cannot open the mainnet, we suffer a heavy losses, and the company can’t be found! [d83d][de21][d83d][de21][d83d][de21]

Exposure

Quach Thi Hong Tham

Quach Thi Hong Tham

Unverified

Vietnam

Since FVP announced to temporarily freeze the account due to inspection until August 25, 2022, we have not received any notice from FVP company. and currently we are not able to withdraw money either. So our investors applied for the help of the British Consulate General in Ho Chi Minh City, Vietnam to verify if the FVP Trade company is a real company or a virtual one. If it is true, then we want to apply for a visa to go there to meet the representative of FVP Trade company. Currently, investors are very confused. Because the people who brought me back to Vietnam have completely escaped and can't be contacted.

Exposure

Rmcltd{at}protonm ail

Rmcltd{at}protonm ail

Unverified

United States

I invested about a lot with this firm over the since February , and rencenly , they issued me an email informing me that my activities were unlawful and that I had to pay a nearly $17,000 fee before I could continue trading or request a withdrawal. I repeatedly reached out to customer care to enquire about what exactly was prohibited about my business, but I never heard back. the withdrawal did not go through. USERNAME. Without them, they would have held my money in their possession forever.

Exposure

FX5743883

FX5743883

Unverified

United States

Betrayal is the theme of this firm. They con you into giving them your money and then claim you must pay taxes on it in order for them to return your investment money. Of course, you become wise and realise this is a scam.The Assetsclaimback/com increased my investment after I was able to withdraw them but it’s all fraud don’t invest with FVP Trade it’s all fraud they can be exposed try it.

Exposure

FX3747971676

FX3747971676

Unverified

United States

FVP trade have swindled a lot of us and absconded but they couldn't get away with my funds just like that.It all started when i was introduced to this broker by an online friend whom i later realized to be part of the whole scam. I transferred funds to FVP wallet address from my exchange so as to fund my MT5 account and started trading. I traded to a certain point where i decided to withdraw and all withdrawal requests were declined. Not too long after the requests were declined, Their website got shut down and it was at that point I realized painfully that I have been involved in a scam. I made consultations to a Tech friend who advised I report to the cybercrime police department with joint conjunction with private investigative firms and the outcome is represented below in my proofs below showing my deposits and others.

Exposure

FX72864103

FX72864103

Unverified

United States

I was aggressively convinced to invest with this broker and in an attempt to realize profit, i did what i was told and began making profits like they said Before finrecoup each of my request to withdraw was met with rejection my saving grace was that i kept receipts of my transactions with FVP Trade they really wanted me to keep investing with no end in sight

Exposure

Chanduispat

Chanduispat

Unverified

India

FVP trade duped investors and now their website is not able to access. People invested in crores and now there is no where abouts of FVP heard. we are not able to login and there is no point of withdrawal. I invested 2,000 dollars and after few weeks the app stopped working and they quoted absurd reasons and now they are not in communication.

Exposure

金玉满堂27147

金玉满堂27147

Unverified

Hong Kong

It is about to abscond. Everyone report now. Mohan Nadi website can no longer be logged in!

Exposure

comdrjeff

comdrjeff

Unverified

Malaysia

I cannot login to the FVP/AMG website anymore. Kept getting the attached error message. Anyone going after the founders?

Exposure

尼尼660

尼尼660

Unverified

Hong Kong

flukes value management solutions pty ltd's withdrawal requires 15 to 20 days. It is weird

Exposure

萌奋

萌奋

Unverified

Hong Kong

The announcement claimed that FVP was injected money by AMG, and the handover period was 3 months, but the latest announcement was still on August 25, which has been overdue for more than a month, and no one from the company has come forward to explain that. Now it's even too lazy to update the announcement! Obviously, it is defrauding investors, delaying time, and defrauding funds.

Exposure

Rajendra

Rajendra

Unverified

India

This company made scam by taking money from people . I'm one of victim who stuck and falls in these Ponzi scheme. They showing attractive return upto 10% every month . I get attracted to these Charmful return and get stuck. Even I invested 3k dollar by taking loan from bank and by now situation has come I thought about suicide. Because unable to paid EMI of loan. They will not live their life in well manner who involved in these scam. Shameful people.

Exposure

Mosquito

Mosquito

Unverified

Brazil

I have more than 7500 dollars blocked

Exposure

FX3705967838

FX3705967838

Unverified

Hong Kong

After 7.18, it has been delaying. It is said that the funds have been frozen, please wait patiently, and on the 7.25th, an announcement is issued and saying that all member information will be removed. On 8.25, another announcement was issued saying that it was cooperating with the investigation. just don't withdraw

Exposure

军哥13421

军哥13421

Unverified

Hong Kong

Save us please. Can't withdraw money. Fvp can't withdraw. Save us please. Many of us are done

Exposure

空城旧梦62158

空城旧梦62158

Unverified

Hong Kong

Fraud in the foreign exchange industry. It is a deep trick. On July 19th, they all run away. FVP,

Exposure

102
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Official Website

Website

  • United States fvptrade.info
    172.67.165.113
  • Singapore fvptrade.com
    18.136.92.79

Genealogy

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FVP Trade

Related Companies

FVP TRADE UK LTD(United Kingdom)
United Kingdom
FVP TRADE UK LTD(United Kingdom)
Deregistered
United Kingdom
Registration No.13515140
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

FVP TradeReview Summary
Founded2023-02-09
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone(ASIC), Revoked(FCA)
Market InstrumentsForex, Metals, Indices, Commodities, Cryptocurrencies
Demo Account
Leverage/
SpreadCompetitive
Trading PlatformMT4
Min Deposit/
Customer SupportEmail: info@fvptrade.info
Facebook, LinkedIn, Instagram, Twitter, YouTube

FVP Trade Information

FVP Trade is a newly registered CDF broker specializing in various financial markets access to FX, indices, commodities, and other CFDs. The broker provides a demo account and 24/5 Multilingual Customer Service. Traders also can access the MT4 trading platform through FVP Trade. However, FVP Trade is still risky due to its abnormal supervision, incomplete necessary information, and negative voices.

FVP Trade Information

Pros and Cons

Pros Cons
24/5 Multilingual Customer ServiceSuspicious Clone, Revoked
MT4 availableNo fee information
Demo account availableUnspecific account and withdrawal information
Some negative information: unable to withdrawal

Is FVP Trade Legit?

The Australia Securities & Investment Commission(ASIC) regulates FVP Trade with license number 001289584 and License Type Appointed Representative(AR). However, the 'Suspicious Clone' current status is less safe than a regulated one. Financial Conduct Authority also regulates FVP Trade(FCA) under Revoked status.

This is inconsistent with the broker's claims of being compliant and regulated. There seems to be suspicion of concealing actual supervision. Traders should pay attention.

Is FVP Trade Legit?
Is FVP Trade Legit?
Is FVP Trade Legit?

What Can I Trade on FVP Trade?

FVP Trade offers various market instruments access to over 100 instruments, including currency pairs, indices, commodities, metals, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on FVP Trade?

Trading Platform

Traders can conduct financial activities in MT4 with various trading strategies and implement EA systems. Junior traders prefer MT4 over MT5.

Trading PlatformSupported Available Devices Suitable for
MT4-Junior traders

Deposit and Withdrawal

FVP Trade accepts MasterCard, VISA, PayPal, Skrill, Yandex, NETELLER, UnionPay, and more for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Keywords

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

Are You Facing Withdrawal Problems with FVP Trade? You're Not Alone!

Exposure Are You Facing Withdrawal Problems with FVP Trade? You're Not Alone!

A lot of people invested in FVP Trade, a foreign exchange broker believed to be operating in the United Kingdom, hoping to make good returns. However, they incurred losses through this scam broker. Check out this story.

FVP Trade:  Fake or Real ?

News FVP Trade: Fake or Real ?

FVP Trade is a forex broker based in the United Kingdom. As a brokerage firm, it offers a variety of trading instruments to its clients, including forex currency pairs, commodities, indices, cryptocurrencies, and metals.

5 Biggest Financial (Forex) Fraud Cases in Recent History

Exposure 5 Biggest Financial (Forex) Fraud Cases in Recent History

Forex trading is one of the most beneficial and riskiest businesses in the financial market. However, the entire financial sector is still riddled with traps despite increased efforts by national regulators. Today we look at five well-known cases of financial fraud in recent years.

WikiFX Ranking: The Top 5 Most Dangerous Brokers in February 2023

Exposure WikiFX Ranking: The Top 5 Most Dangerous Brokers in February 2023

There are many scam brokers in the forex market. With the passing of February, WikiFX has listed the top 5 most disreputable brokers in February 2023 to warn you of potential pitfalls.

Renault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"

News Renault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"

On July 8, the vehicle manufacturer's website revealed the two firms' collaboration. On that occasion, Otmar Szafnauer, Team Principal of the BWT Alpine F1 team, made a statement.

3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money

News 3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money

As of August 19, 2022, WikiFX has exposed a lot of scammers in the forex market. These scam brokers have caused a heavy financial loss to its forex traders, we wonder why so many traders continually fall into scammers’ “trap”. In today’s article, we will describe 3 tricky methods that unscrupulous brokers prefer to use in order to take clients’ money away fraudulently.

View More

Wiki Q&A

Is FVP Trade a reliable or highly suspicious trading platform?

FVP Trade exhibits a highly suspicious profile. Operating under the corporate entity FVP Trade Ltd in the United Kingdom for 5-10 years, it has a WikiFX score of 1.55. The broker's stated business scope raises fundamental questions, and it operates without valid regulatory oversight for forex trading, representing a significant operational consideration for potential investors.

12h
United States

What regulatory licenses does FVP Trade hold?

FVP Trade lacks valid, active licensing for forex brokerage activities. It holds a revoked Financial Conduct Authority (FCA) Payment Service Provider license, which does not authorize it to operate as a trading broker, and an unverified Australian Securities & Investment Commission (ASIC) Appointed Representative authorization. In essence, the entity operates without verified mainstream regulatory supervision for its trading services.

12h
United States

When was FVP Trade established?

FVP Trade has been operating for an estimated 5 to 10 years. The specific details regarding minimum deposit, leverage offerings, or supported trading platforms are not publicly disclosed, creating notable information gaps for any detailed trading condition analysis.

12h
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

11h
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

11h
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

11h
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

11h
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

11h
United States
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