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Abstract:FVP Trade has been taking its trading clients on a roller coaster ride since it froze their accounts without any prior warning. Although FVP Trade claimed that the main reason it made this decision was to protect its clients from money laundering syndicates, nobody truly buys that explanation. Not only do we at WikiFX constantly receive complaints regarding FVP Trade’s irresponsible act, but it seems that several companies that were collaborating with FVP Trade had also decided to drop their business relationship for good.
FVP Trade has been taking its trading clients on a roller coaster ride since it froze their accounts without any prior warning.
Although FVP Trade claimed that the main reason it made this decision was to protect its clients from money laundering syndicates, nobody truly buys that explanation.
Not only do we at WikiFX constantly receive complaints regarding FVP Trades irresponsible act, but it seems that several companies that were collaborating with FVP Trade had also decided to drop their business relationship for good.
Previously, iFX EXPO Asia 2022 featured their FVP Trade on their official website as one of their main sponsors and exhibitors – which we had warned our users 2 weeks ago: https://www.wikifx.com/en/newsdetail/202207218234937790.html.
At that point, iFX EXPO Asia still had FVP Trades logo on their homepage. However, its logo is nowhere to be seen now on https://bangkok2022.ifxexpo.com/meet/#sponsors, which means that FVP Trade has now been disqualified from participating in iFX EXPO Asia.
On the other hand, the French F1 team Alpine could also be suggested to have dropped their partnership with FVP Trade.
Just 1 month ago, the Alpine team was proudly announcing their partnership with FVP Trade. (Article source: https://sportskhabri.com/alpine-join-forces-with-fvp-trade/).
Nevertheless, upon searching the official website of the Alpine team (https://events.bwtalpinef1team.com/en/), there was no logo of FVP Trade spotted.
In summary, it could be deduced that the incident of FVP Trade raised the awareness of its partners who then decided to terminate their relationship with FVP Trade, natch. No legitimate business would want any risk of being involved with an allegedly fraudulent broker.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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