FXPlace offers a real team of professionals with over 1000 trading instruments at your service. The broker provides an advanced trading platform and a whole mountain of bonuses. But in reality, this is another contender for being blacklisted by fraudulent brokers. Where did we get it from? Read in this review.
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FXPlace: is it possible to withdraw funds from a scam broker
Brokers FXPlace scammers. Site analysis
The FXPlace site is built on a typical template that is used by many organizers of the projects we reviewed earlier on binarybets.ru. In addition to the standard structure, we see stock images and familiar promises. In a word, nothing unique. Search services are of little interest to such resources. That is why the price tag for the creation of FXPlace is minimal.
The home page consists of the following blocks:
- a header with a slider, a "start trading" button and a menu (trading products, platforms, accounts, training, trader's tools, about the company);
- education for traders with any level of initial knowledge and skills;
- why traders choose FXPlace;
- call to action.
In each block we see an intrusive button to go to the registration section, which cannot but annoy.
The footer contains a detailed site map, a button for downloading a branded application, logos of payment systems. At the very bottom is the traditional risk warning, which is written in English, despite the fact that the rest of the main page is published in Russian.
Let's check that our heroes have a license from the Central Bank of the Russian Federation, and at the same time we will inspect a number of other significant points.
FXPlace fraudulent broker: 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.
On the "about the company" page, the project organizers proudly declare that they are regulated by the Belize Commission. There they also give a license number, which looks rather strange (consists of zeros and includes spaces). We checked this information in the open register of the regulator, but we got the expected result. The license number on the FXPlace website is fake.
With the license of the Russian regulator, things are even more interesting. We did not find our monitored in the main register of the Central Bank of the Russian Federation. But on the black list of illegal participants in the securities market, they found a whole group of scam-broker projects introduced there at different times.
The company also provides a UK registered address. However, we did not find any confirmation that our heroes are actually stationed along it in Google maps.
There is no FXPlace in the register of economic entities of the United Kingdom.
In the user agreement of FXPlace, we found only information about the procedure for accruing bonuses. The company prefers to remain silent about how the interests of customers are protected. Because, in fact, FXPlace only pursue their own benefits.
The project itself was washed down in the summer of 2022, which automatically classifies its organizers as unreliable service providers (see the first screen in the article). Although in the section about the company they try to convince us that the broker has been operating for more than 5 years.
It turns out that we have another anonymous one-day garbage dump, the activity of which is not controlled by anyone.
Brokers (scam) FXPlace. Legend
FXPlace position themselves as an experienced player in the financial market who helps their clients achieve their goals by accessing liquidity and managing risk. Among the advantages that the broker indicates:
- training (many video courses, e-books, webinars);
- individual approach, focus on the client;
- free analytics, limitless technologies;
- safety, regulation;
- platform compatible with different devices;
- professional trading instruments, variety of assets.
To get started, you need to go through a simple registration procedure, confirm your account and deposit money. Clients can choose from six types of accounts based on their goals and financial capabilities. After all, the more options an account has, the higher its price.
The office pays special attention to the training of beginners, for whom, in fact, this project is designed. After all, only beginners, who still do not know how to identify adequate brokers among the hordes of fake brokerage firms, can take all these beautiful promises seriously.
FXPlace scam broker reviews
Despite the fact that the monitored site appeared quite recently, its owners have been trading in their dark deeds for quite some time. Only the names of the projects change. The scam remains the same. This is evidenced by the numerous negative reviews we found on the Internet. Let's take a look at some of the real comments.
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 FXPlace fraudulent broker, leave comments below this article. Perhaps it is your review that will save someone from losing money.
Bottom line: FXPlace scam broker, how to get your lost money back
Knowing how scam brokers work, let's summarize what we managed to find out about FXPlace. So, the office has the following signs of a scam:
- primitive, uninformative, cheap site;
- fake registration, license;
- lack of regulation;
- entering the company and its organizers into the black list of the Central Bank of the Russian Federation;
- lies about the age, experience and benefits of a broker;
- short life of the project;
- the presence of negative reviews.
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 scam broker FXPlace - impossible.
If you have become a victim of FXPlace 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.