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There are many things already said about the FMX Trade broker scam. You got it – the FMX Trade is a scam! Many signs make this broker a scammer. Read this FMX Trade review to uncover everything to make yourself aware of this scam broker.
Broker Website – https://fmxtrade.com/
Address – 3204 Glenview Drive, Texas, USA
Warned By – U.S. Securities and Exchange Commission (SEC)
FMX Trade Review: Introduction
FMX Trade is an online trading broker, and it is located at 3204 Glenview Drive, Texas, USA. The website of the company can be found at https://fmxtrade.com/, but it is currently not in use. They can be contacted by email at firstname.lastname@example.org and by phone at +1 332 217 1456. Other than this information, no more details are provided by the FMX Trade broker, which includes the regulated license, owner’s details, and legal documents. FMX Trade claims to be a legit broker but the truth the different from their claims. FMX Trade is a potential scam broker involved in online trading scams. Read a complete FMX Trade review to learn more about this broker.
FMX Trade Review: Regulation Status
Having a regulated license is necessary for an online trading broker. It shows whether a broker is legit or involved in scam activities. A broker is not applicable to provide its services without a regulated license. FMX Trade is an unregulated broker and not a reliable platform for trading. A public warning is issued against this broker, which indicates that FMX Trade is a scam broker.
FMX Trade Review: Warning issued against FMX Trade
FMX Trade got a warning from the authority of the U.S. Securities and Exchange Commission (SEC). According to the SEC, the FMX Trade broker is blacklisted by them due to their involvement in scam activities. It is better to stay away from an unregulated broker otherwise you will lose your precious money with scam brokers.
FMX Trade Review: Deposit and Withdrawal Method
We don’t have any information about the FMX Trade deposit and withdrawal method because the website is currently suspended. It is a major red flag and seems to be suspicious that this broker is legit or a scam broker.
How does the FMX Trade scam work?
Scam brokers use many tactics to steal money from new or inexperienced users. They contact them through social media, online ads, email, and phone calls. Scammers convince them by giving exciting offers like making easy money and good return and asking for an initial deposit for investing. If users will trap in their tricks, they ask for more money again and again until the user will realize that they were cheated by a scam broker. When you want to withdraw your money, fraudsters/scammers will delay your withdrawal process, or they can block your account. After 540 days, you cannot file a chargeback for fund recovery. We advise that never share your information without checking the regulated license of a broker.
FMX Trade Review: Complaints
We find that the FMX Trade broker got a negative review and low rating on all other sites. They also got a low trust score from the users. After reading this review and all the negative and positive FMX Trade reviews, Fraud Reports Online found that this broker is not legit and might be a potential scam broker. We provide a scam brokers list of scam brokers 2022 on our website that will help you to avoid scam brokers.
FMX Trade Review: Conclusion
If you are a victim of a scam broker, fill out a complaint form on the Fraud Reports Online website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery. Precaution is better than cure. Before investing, stay alert, and read reviews on different channels, after it is your hard-earned money.
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