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The current system responds that the account name does not exist even for the user log in with their real name!
The application has been rejected many times, I was kicked out of the group, and the assistant lost contact without any action. I just want to get the principal back. It is really difficult
After withdrawing all the account funds successively on 2022/1/7, the customer service loses contact. The account is stucked in the unreviewed status, showing that it has not been reviewed, and the money cannot be withdrawn.
After the Fancy gold medal customer service lost contact, I did not have an early warning to lock my real trading account, and I could not log in to the backstage management of my real name trading account in MT4, and deal with and inquire about the operation problems, even the dealer system administrator could not contact to address it. Since the loss of contact, the funds in my real trading account cannot be withdrawn
The account is locked and cannot withdraw. The account is locked and cannot withdraw. The account is locked and cannot withdraw.
This is a fraud trading platform that does not withdraw for a long time after submitting the application. The assistant just disppear and not response. Please pay attention. This is a fraud broker
It is said that it cannot be withdrawn due to Labour Vacation, but it is still unable to withdraw after it. The scam group's words cannot be trusted. I cannot withdraw after checking account. It is heartbreaked. I hope I can at least get tmy principle back.
After 2021.12.24, the gold medal customer service did not respond after the withdrawal application was successfully submitted, and the trading system stalled the withdrawal operation, pending payment, pending review. Until the afternoon of 12/28, Fancy dealer gold medal customer service lost contact without warning for over 10 days. The dealer’s system administrator could not be contacted, and the issue of withdrawal was not resolved.
The withdrawal on 1/12 and 1/13 was rejected (no reason), and the fraud assistant asked me to apply for a withdrawal on 1/15, and then disappeared.
After the assistants induce the deposit fancy group and operating the foreign exchange profit with the group, I was kicked out of the group and blocked after I submitted the application for deposit on 1/7.
The customer service cannot be contacted and the homepage is gone. The MT4 real-name trading account was locked by the system, and the fancy platform could not contact the administrator to address the log in problem of trading account. The progress of the withdrawal has been stagnant.
I curiously join the line group called astrology, under the guidance of simulating the operation of foreign exchange orders, the prediction of the studio's quick-earning trading system is extremely accurate, I have no doubt about it, transfer money and deposit 10,000 US dollars to the FANCY foreign exchange broker, I used the MT4 APP to make a lot of money, but when I wanted to withdraw a large amount of money, they said that I had to settle the fees with the studio first. I insist to settle it after withdrawal and it turns out that they suddenly kick me out the group after two days. Later, when I found the QR code for joining the group previously, I rejoined and sent a post, but they kick me out again. I could only blame myself for being "greedy". There is no free lunch in the world.
Supplementary upload the proof that the Fancy gold customer service has lost contact for more than ten days after making a deposit in the MT4 real trading account.
I applied for withdrawal on Jan. 7 till now. The person who contacted with me previously did not response. I attached the files of unable to make withdrawal. It is really speechless to encounter such incident
The gold medal customer service lost contact and the MT4 real trading account was locked by the system without warning, and then the Fancy backstage homepage disappeared. It is unable to log in to the real trading account, and unable to process the withdrawal matters for more than ten consecutive days.
In September 2021, I received a self-proclaimed investment and financial consulting company, so I added a line, and then Assistant Song invited me into the group (Xingluoshigu) to take the stock market course of President Lin (teacher). After that, they continued to talk about how bad the stock market is and to diversify investment. Using words and assistants' recommendation to invest in foreign exchange. He started to open an account in Fancy Group Ltd in November, and has invested about 280,000 Taiwan dollars so far. On 12/12, Assistant Song said that he would take a vacation and transfer it to another assistant named Xiao Wanwan. Joining another group called (online information sharing), 1/11, I was persuaded by assistant Xiao to pay an additional 20,000 to join the gold membership, and I told that the money needed to be withdrawn to pay the remaining balance, the assistant said ok. Everything in the process without abnormality. When 2 withdrawals were applied on 1/12 and 1/13, they were inexplicably rejected on 1/15, and there was no operation at all. If there was a failure, I asked the assistant Xiao why I couldn’t withdraw the money. She said that because there were too many applicants, she asked me to apply again, and then I was kicked out of the group the next day, and the assistant ignored you.
|Company Name||Fancy Group Ltd|
|Registered Country/Area||United Kingdom|
|Founded Year||2-5 years|
|Maximum Leverage||Up to 1:500|
|Spreads||From 0.0 pips|
|Trading Platforms||MetaTrader 4 (MT4)|
|Tradable Assets||Currency pairs, Precious metals (gold, silver), Crude oil, CFDs (Contract for Differences)|
|Account Types||Mini Account, Standard Account|
|Customer Support||Limited channels|
|Deposit & Withdrawal||Bank transfers, credit/debit cards, e-wallets|
|Educational Resources||Limited resources|
Fancy Group Ltd, a company established within the past 2-5 years, operates from the United Kingdom without regulatory oversight. Their offering presents a relatively accessible entry point, with a minimum deposit requirement of $100, catering to a wide range of traders. The platform offers a substantial leverage of up to 1:500, allowing users to amplify their trading positions significantly. Competitive spreads starting from 0.0 pips across different account types, namely Mini and Standard, aim to provide cost-effective trading conditions.
The company offers two distinct account types, Mini and Standard, catering to various trading needs. Each account type has its leverage, spread, and cost structure, allowing traders to choose based on their preferences and strategies. However, the lack of regulatory oversight might raise concerns regarding the security and transparency of the platform.
Fancy Group Ltd operates without proper authorization, as indicated by its unauthorized status under the Common Financial Service License in the United States. This lack of regulatory oversight suggests the company lacks the necessary licensing required to offer financial services within the United States, raising concerns about its legitimacy and compliance with industry standards.
Moreover, Fancy Group Ltd is categorized as a suspicious clone by the FSC. The designation as a suspicious clone hints at potential discrepancies or suspicions regarding its operations within the financial sector. The suspicious clone label raises cautionary flags for potential users or investors regarding the legitimacy and credibility of Fancy Group Ltd.
|Multiple payment methods||Limited educational resources|
|Diverse range of trading assets||Minimal customer support channels|
|Competitive minimum deposit||Not regulated|
|User-friendly MT4 platform||Limited trading tools and analytics|
1.Multiple Payment Methods:Fancy Group Ltd offers various payment methods, providing traders with options such as bank transfers, credit/debit cards, and e-wallets. This flexibility allows users to choose the most convenient method for funding their accounts.
2. Diverse Range of Trading Assets:The platform provides a diverse array of trading assets, including currency pairs, commodities like gold and silver, indices, and more. This variety allows traders to diversify their portfolios and explore different market opportunities.
3. Competitive Minimum Deposit: Fancy Group Ltd maintains a competitive minimum deposit requirement, enabling traders to start with a relatively lower entry threshold. This accessibility appeals to traders with varying capital levels.
4. User-Friendly MT4 Platform:The platform utilizes the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and robust features. MT4 offers advanced charting tools, technical indicators, and customizable options, enhancing the trading experience for users.
1.Limited Educational Resources:The platform lacks comprehensive educational materials such as guides, tutorials, webinars, and other learning resources. This limitation could hinder new traders' learning and understanding of trading strategies and market analysis.
2. Minimal Customer Support Channels:Fancy Group Ltd provides limited customer support channels, potentially restricting users' access to immediate assistance or resolving queries promptly. This might lead to frustration or challenges in addressing trading-related issues.
3. Not Regulated:The platform's lack of regulation could pose risks for traders in terms of security and transparency. Regulation ensures compliance with industry standards and offers a layer of protection for users' funds.
4. Limited Trading Tools and Analytics:The platform might lack advanced trading tools and comprehensive analytics, potentially limiting traders' ability to conduct in-depth market analysis or use sophisticated trading features for decision-making.
Fancy Group Ltd offers a range of trading assets encompassing various financial instruments. Traders can engage in the trading of:
1.Currency Pairs: Access to a selection of 30 currency pairs allows traders to participate in the foreign exchange market, enabling them to speculate on the value fluctuations between different global currencies.
2. Precious Metals (Gold and Silver): Fancy Group Ltd provides opportunities to trade in gold and silver, allowing users to invest in these precious metals and potentially benefit from their price movements in the market.
3. Crude Oil: The platform enables trading in crude oil, a prominent and actively traded commodity in the financial markets. Traders can take advantage of the price movements in crude oil for potential profits or hedging purposes.
4. CFDs (Contract for Differences): Fancy Group Ltd offers Contract for Difference trading, allowing users to speculate on the price movements of various financial instruments without owning the underlying asset. This versatile trading option covers diverse markets, potentially including indices, stocks, commodities, or cryptocurrencies.
By providing access to a diversified range of assets like currency pairs, precious metals, crude oil, and CFDs, Fancy Group Ltd caters to traders seeking exposure to different financial markets, allowing them to diversify their portfolios and explore various trading opportunities.
Fancy Group Ltd offers two different accounts: Mini Account and Standard Account, catering different needs of traders:
The Mini Account at Fancy Group Ltd provides traders with a starting point in the financial markets. It offers a leverage of up to 1:100, enabling users to amplify their trading positions. Spreads begin from 0.0 pips, ensuring competitive pricing for trades. However, this account type incurs a commission of $7 per round turn. With a minimum deposit requirement of $100, this account caters to traders looking for a lower entry threshold. Withdrawals from the Mini Account typically undergo processing within 24-48 hours, ensuring prompt access to funds.
Fancy Group Ltd's Standard Account is tailored for traders seeking more advanced trading conditions. It offers a higher leverage of up to 1:500, allowing traders to magnify their positions significantly. Spreads start from 0 pips, enhancing cost-efficiency for trading activities. Notably, this account type does not charge any commissions per round turn, providing a cost-effective trading environment. Similar to the Mini Account, the Standard Account also requires a minimum deposit of $100. Withdrawals from the Standard Account follow the same processing time of 24-48 hours, ensuring efficient access to funds.
Here's a step-by-step guide on how to open an account with Fancy Group Ltd:
1. Account Registration:
Visit the official Fancy Group Ltd website and locate the “Sign Up” or “Register” section. Provide the required personal information such as your full name, email address, phone number, and country of residence.
2. Account Type Selection:
Choose the desired account type that aligns with your trading preferences and needs. Consider factors like leverage, spreads, and minimum deposit requirements offered by different account types.
3. Document Submission:
Complete the account verification process by submitting the necessary identification documents as requested by Fancy Group Ltd. This usually includes a government-issued ID (such as a passport or driver's license) and proof of address (like a utility bill or bank statement).
4. Account Funding:
Once your account is verified, proceed to fund your trading account. Choose from the available deposit methods offered by the platform, such as bank transfers, credit/debit cards, or e-wallets.
5. Platform Setup:
Download and install the trading platform provided by Fancy Group Ltd. Familiarize yourself with the platform's interface, tools, and functionalities to prepare for trading.
6. Start Trading:
After funding your account and getting acquainted with the platform, you're ready to start trading. Begin by analyzing the markets, placing trades, and managing your positions based on your trading strategy and market conditions.
By following these steps meticulously, traders can successfully open an account with Fancy Group Ltd and commence their trading activities on the platform.
The maximum leverage offered by Fancy Group Ltd reaches up to 1:500. This substantial leverage allows traders to amplify their positions significantly within the financial markets. Leveraging up to 1:500 means that for every unit of capital invested, traders can potentially control up to 500 units of a particular asset, magnifying both potential profits and risks. Such high leverage can provide traders with increased flexibility and potential for larger market exposure, but it's crucial for traders to approach it with caution and employ robust risk management strategies to mitigate potential losses.
Fancy Group Ltd offers diverse account types catering to varying trading preferences. The Mini Account presents competitive spreads starting from 0.0 pips but incurs a commission of $7 per round turn, appealing to traders seeking lower entry thresholds. Meanwhile, the Standard Account boasts cost-efficient trading with spreads starting from 0 pips and operates without charging any commissions per round turn, attracting traders looking for advanced conditions. These offerings provide traders with distinct options based on their desired trading environment and cost considerations.
|Mini Account||From 0.0 pips||$7 per round turn|
|Standard Account||From 0 pips||No commissions|
Fancy Group Ltd provides traders with access to the highly acclaimed MetaTrader 4 (MT4) trading platform, renowned for its robustness and versatile features. This industry-recognized platform is available for PC, desktop, and mobile devices, ensuring traders can seamlessly access the markets and manage their portfolios across various devices. MT4 offers a user-friendly interface, advanced charting tools, technical indicators, and customizable features, empowering traders to execute trades, conduct in-depth analysis, and stay connected to the markets from anywhere at any time, enhancing their trading experience and flexibility.
Fancy Group Ltd supports multiple payment methods, including bank transfers, credit/debit cards, and various e-wallet options. This diverse range of payment methods provides convenience and flexibility for traders to fund their accounts using the option most suitable for them.
The minimum deposit requirement at Fancy Group Ltd stands at $100. This entry threshold allows traders with varying capital levels to start trading on the platform, catering to both beginners and experienced traders.
Fancy Group Ltd operates with varying fee structures based on the selected payment method. While certain methods might incur fees from third-party providers or banks, the platform itself does not typically charge additional fees for deposits. However, it's essential to review and consider potential fees associated with specific payment processors or banks used for transactions.
Payment Processing Time:
Deposits and withdrawals at Fancy Group Ltd are processed efficiently, with deposits reflecting promptly in the trading account after confirmation. Withdrawals also undergo processing swiftly, generally within 24-48 hours. However, the actual processing time might vary based on the chosen payment method, banking institutions, and compliance checks to ensure security and regulatory adherence.
Fancy Group Ltd offers a limited customer support system, comprising basic communication channels such as email and possibly live chat. However, the available support options might lack depth, with limited availability or responsiveness. Traders may encounter challenges seeking comprehensive assistance or immediate resolutions to queries due to the constrained support framework. The limited customer support structure could potentially impact the overall user experience, particularly for those requiring extensive guidance or swift resolutions to trading-related issues.
Fancy Group Ltd faces a deficit in educational resources, hampering new users' ability to familiarize themselves with the platform and delve into cryptocurrency trading. The absence of crucial educational materials like a comprehensive user guide, video tutorials, live webinars, and informative blogs poses a significant challenge. This deficiency complicates the learning curve for new users, potentially resulting in errors and financial setbacks. Consequently, such hurdles might discourage newcomers from engaging in trading activities altogether.
In conclusion, Fancy Group Ltd presents a trading platform with notable strengths and weaknesses. The platform excels in offering multiple payment methods, a diverse range of trading assets, competitive minimum deposits, and a user-friendly MT4 platform, catering to traders' preferences.
However, significant disadvantages include limited educational resources, minimal customer support channels, absence of regulation, and potentially restricted access to advanced trading tools and comprehensive analytics. These drawbacks might hinder traders' learning curve, accessibility to immediate assistance, security assurances, and advanced trading functionalities, impacting the overall trading experience on the platform.
Q: What payment methods does Fancy Group Ltd support？
A: Fancy Group Ltd offers various methods, including bank transfers, credit/debit cards, and e-wallets.
Q: Is Fancy Group Ltd regulated？
A: No, Fancy Group Ltd operates without regulation, which may pose risks related to security and transparency.
Q: What is the minimum deposit required to start trading with Fancy Group Ltd？
A: The minimum deposit requirement at Fancy Group Ltd is $100, providing an accessible entry threshold for traders.
Q: Are there educational resources available on Fancy Group Ltd？
A: Unfortunately, the platform lacks comprehensive educational materials, potentially affecting new traders' learning experiences.
Q: How responsive is Fancy Group Ltd's customer support？
A: Fancy Group Ltd offers limited customer support channels, potentially resulting in delayed or limited assistance for users.
Q: What trading platform does Fancy Group Ltd utilize？
A: Fancy Group Ltd employs the MetaTrader 4 (MT4) platform, known for its user-friendly interface and advanced features.
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