Today, a brokerage company came to our review, which offers favorable conditions for cooperation, a huge variety of bonuses and all kinds of goodies. And at the same time it has official registration and regulation. It is called FXCentrum and in this article we will talk about the reasons why it got into our black list of fraudulent brokers.
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FXCentrum: is it possible to withdraw funds from a scam broker
Brokers are cheaters FXCentrum. Site analysis
The FXCentrum website has little to do with a reliable broker. A typical structure, complemented by stock images and the same standard promises that we constantly meet in our reviews on binarybets.ru - this is all that the broker can offer us. An independent service rated the efforts of the developers quite highly, as for the companies that we usually review on our site. But too low, as for an office that positions itself as a reliable, officially registered broker with extensive experience.
On the main page we see the following blocks:
- logo and menu (trade, platforms, analysis and education, promotions, company, partnership);
- a large sheet of benefits and a beautiful cup of merit in the financial market;
- payment systems available for transactions and information that no commission is charged through these providers.
- video presentation about the super-opportunities that you get by cooperating with FXCentrum.
And that is all. In the remaining sections, we see, mainly, information about all kinds of bonuses, promotions and goodies that you can earn on the project.
The footer contains information about the official registration and regulation in the Seychelles. There we also see contact details, buttons for social networks and language selection, as well as a warning about which residents the company does not work with.
Let's check the information provided for authenticity.
Fraudulent broker FXCentrum: licenses, registration
We remind you that the information that we voice in our reviews is purely our opinion, based on an analysis of official information provided by the company, as well as reviews. You can always share your experience in a particular project in the comments.
As mentioned above, the main country where FXCentrum operates is the Seychelles. The information about the registration of the office turned out to be genuine.
At both addresses in Google maps there is also information on our monitored ones.
As for regulation, we were unable to find these comrades in the FSA register. Perhaps some information was hidden from us. And perhaps this is because the main direction of work of these comrades is by no means brokerage services.
At least the Central Bank of the Russian Federation does not exactly regulate our heroes. This means that our traders have nothing to do in this project.
And the last one is the age of the project. Judging by the domain age check data, as well as the web archive, FXCentrum has been operating for quite some time. At the same time, in the header of the main page there is a hint that the broker has been operating since 2019. Whereas the first mentions of him in the web archive date back to 2020.
In addition, it is still not clear why, despite unprecedented promotions, constant drawings and a bunch of all sorts of advantages, their project remains so cheap and unpopular. Be that as it may, regulatory problems can ruin the reputation of even a good broker. Not to mention offices of this level.
Brokers (scam) FXCentrum. Legend
FXCentrum positions itself as a broker with which the impossible becomes possible. This is exactly what the slogan of the project sounds like, the organizers of which vouch for the transparency and quality of their services, and also provide the following goodies:
- generous bonuses;
- demo account for 100 thousand dollars;
- social trading;
- 100% first deposit bonus;
- minimum investment from 10 USD;
- multilingual trading platform;
- competitions, promotions, drawings of valuable prizes and money;
- huge leverage 1:1000;
- low spreads;
- zero transaction fees;
- trading signals, etc.
To get started, you need to register and replenish your account by choosing one of the four tariff plans. Starting investments are minimal. But the more you can deposit, the more comfortable your trading will be.
Along with regular trading, users can complete various tasks, bring other traders to the project and receive generous rewards for this.
All this, of course, is wonderful. It just seems really impossible. The broker is trying too hard to please its customers. Take at least a huge leverage of 1:1000. While noma is considered 1:30. Perhaps this is what is causing the problems with regulation. The information that we published in the next chapter is also confusing.
FXCentrum scam broker reviews
Although FXCentrum provides a link to a popular service where you can share your reviews about companies, not all user comments are highly rated.
A lot of negative reviews were found by us and on other resources. Although, most users complain that the office does not pay bonuses, perhaps these are the very first bells that should make you wary.
Is it possible to get money back from a fraudulent broker? It is easier to prevent their loss by reading our reviews and checking the information that scammers post. If you have been deceived by the FXCentrum fraudulent broker, leave comments below this article. Perhaps it is your review that will save someone from losing money.
Results: FXCentrum scam broker, how to get back lost money
Knowing how scam brokers work, let's summarize what we managed to find out about FXCentrum. So, the office has the following signs of a scam:
- cheap, typical site;
- misunderstandings with regulation, lack of a license from the Central Bank of the Russian Federation;
- overstating the expectations of users with a huge number of bonuses, promotions and sweepstakes;
- the presence of negative reviews;
- overestimate the age of the project.
It is worth noting that the FXCentrum office tried to ensure the image of a reliable broker as much as possible. The abundance of positive comments on the network may indicate that the broker may be paying its users some pennies. But the lack of regulation always creates risks for traders who can lose their investments and earnings at any time.
We do not claim that our reviews are the ultimate truth. But we only give an opinion on the main features that define scammers. Based on our assessment, we can safely assume that withdrawal of funds from FXCentrum scam broker - impossible.
If you have become a victim of FXCentrum and don't know how to get your money back from a fraudulent broker, leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to help you get a refund from a fraudulent broker.