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FXtrading Corporation Is it scam or good crypto robot?

FXtrading Corporation Review - is fxtradingcorp.com scam or good crypto robot?

RATING: 1 / 5 REVIEWS FXtrading Corporation
Beware! FXtrading Corporation is most probably a scam!

 

General information

 

FXtrading Corporation is one of one of those shady providers in the trading world that offer some groundbreaking platform for automated trading in forex and cryptocurrencies, targeting mainly inexperienced investors.

 

Like most other crypto trading robots, FXtrading Corporation’s website is not very informative and features only a promotional video where their “offer” is presented. Obviously, they didn’t have much of a budget, as they didn’t even higher a native English speaker as a narrator.

 

 

Allegedly, the broker uses special artificial intelligence bots that will trade for you until you achieve 400% profit of the initial investment, which is supposed to happen within a year. Until then, clients of FXtrading Corporation are promised 2.5% daily profit immediately available for withdrawal, if they sign up for any of their investment plans. The minimum deposit required is $100.

 

Additionally, clients of FXtrading Corporation are offered various bonuses, and some gifts such as luxurious cars and watches. Besides, when they achieve the 400% profit goal, they get a renovation package.

 

 

Any verified track record?

 

As is usually the case with most crypto robot websites, FXtrading Corporation have provided no explanation on the auto-trading algorithm of their software, nor any proven track record of the historical performance. Instead, they have simply stated that their proprietary algorithm buys Bitcoin when it is cheaper, and sells when it is more expensive, while the customers “benefit by assuming the profit, which is deposited directly into their online accounts”.

 

 

FXtrading Corporation's platform. Click to view larger.

 

So, we cannot have any assurance whatsoever about the promised results and profits. By comparison, most forex trading robots and Expert Advisors (EAs) provide a track record of their historical performance as a proof that they are real and work as intended. Besides, some of the most popular social trading networks like ZuluTrade or eToro also provide such data. On top of that, these brokers are regulated and have been operating for years, while the corporate situation of FXtrading Corporation is utterly unclear.

 

 

Regulation and security of funds

 

Despite our thorough research, we did not find any information on the website regarding the registered address, the supposed company behind the operation, nor even the country of origin. Some sources suggest that the people behind the FXtrading Corporation are South Korean, but they seem to target investors from all over the world.

 

Nonetheless, such anonymity makes this financial services provider seem utterly unreliable. Whoever is the entity behind the website, it is not bound by any laws, nor fall under the oversight of any governmental authority. This also means that FXtrading Corporation’s operation on any regulated market, such as the USA, Europe or Japan, is illegal.

 

That being said, we also have to point out that the Spanish Comisión Nacional del Mercado de Valores (CNMV) has officially warned the public against FXtrading Corporation. Such clear-cut warning signs, together with the obvious lack of credible regulation, make us almost certain that this broker is just another fraudster on the forex and crypto market.

 

 

Precisely such crypto robot websites, promising quick and easy buck through automated crypto trading, mislead traders into registering and carelessly giving away their address, phone number and email. Minutes later, that same personal data is usually sent to some scam brokers, who start cold-calling registered traders, urging them to deposit. Needless to say, the crypto robots receive a commission for every trader who invest.

 

Given the number of investment scams in the trading world, regulation is the most important thing to look for in any financial services provider. If you are into Bitcoin, you’d better trade it on a regulated crypto-exchange or with a licensed forex broker.

 

 

>> Licensed Bitcoin forex brokers <<

 

 

Latest news about FXtrading Corporation
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Traders` reviews for FXtrading Corporation

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Fxtrading corporation scammers

They are scammers, they will scam you and take your money, after that they will refuse to release you money and wìll ask you to pay more to get back your money

Rakesh Kumar 08/24/2019

liar company: FX and FX2 Trading Corp

I come from China. I was cheated by this liar company, named FX Trading Corp (abbr. FX), for about $50,000! Don't believe in it! FX2 Trading Corp (abbr. FX2) is an uppdated version of the FX, both are downright liar company with the same group and boss (one boss is Philip Han, a liar from South Korea). FX said at the beginning that the investment had a 400% profit, and then suddenly fell to 200% in June 2019 in the name of an upgrade. The withdrawal time was limited to one month from the original every day and one week. FX suddenly reduced the profit to 100% in July 2019 without any reasons, and the withdrawal is only permitted on every 20th day of each month. In just one or two months, FX changed five or six times and did not return the customer's principal for various reasons. Now the same team and boss are promoting an upgraded version of FX, named FX2 Trading Corp. In fact, FX2 and FX are the same thing, just changing the initial profit margin from 400% of the FX to 300% now. Any other operation is the same. Obviously, both FX and FX2 are the same scam company.Please don't be greedy to invest in this company. I also hope that the deceived people will join the police or the international police to catch this swindler as soon as possible and let them be sanctioned by law.

FKFX1and2 07/28/2019

Scam FX1 and FX2 TRADING CORP

I come from China! I was cheated by this liar company for about $50,000! Don't believe in it! FX Trading Corp and FX2 Trading Corp are both downright liar companies. FX1.0 said that the rebate was 400%, and then suddenly fell to 200% in June 2019. The withdrawal time was limited to one month from the original one; FX later suddenly reduced the rebate to 100% in July 2019. And it is stipulated that it can be withdrawn on the 20th of each month. After a month or two, five or six times, FX will not return the customer's principal for various reasons. FX2.0 and FX1.0 are exactly the same, definitely a liar company. Don't be fooled by this junk company.

FKFX12 07/26/2019

Scam - fxtradingcorp 2.0

I worked hard creating a network, helping a lot of people how platform and digital wallets work, then after all I did for them they still over 5000 dollars of my investment. Now they are coming back with a new scam called fxtradingcorp 2.0 and the person behind this P. Han

pablo riva 07/11/2019

scam alert

Dear All

I think this company is fraud. i have invested 101$ plan with 10$ registration on 2nd April 2019 but till now the amount is not showing in the site & there is no reply from support team as i have sent them the transaction detail. be-careful to invest. SCAM ALERT

shareef 04/08/2019
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