Score

1.18 /10
Danger

FRTC.NET LIMITED

Suspicious Regulatory License

MT4/5 White Label

Chinese market only

High potential risk

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

License Index 0.00
Business Index 4.45
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

FRTC.NET LIMITED

Company Abbreviation

FRTC.NET LIMITED

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2023-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to withdraw

I WOULDN'T COME CLOSE TO THIS TRADING FIRM

Do not use this broker as a means to trade or invest because they have only dedicated their time to successfully convince investors like me into depositing large sums to their fraudulent trading scheme they also refused to close my existing positions so I went online and did it myself while also filing a case of stolen investment under the financial authority fintrack/ org I have asked them to return the outstanding balance of $72,000 but also got the profits returned as well Good thing I took a screenshot of some of my conversations with the broker.

2022-08-05 23:25
Unable to withdraw

Unable to withdraw. The balance of account is cleared.

On April 15th this year, the liar Pan Xinglong added me as a friend by phone number and then asked me to chat with Line. Finally, the liar Pan XingLong (Pan Xinglong) tricked me into trading gold futures on this fraud platform and invested more than 200,000 AUD, and then made some US dollars. The account ended up with more than 227,000 US dollars. When I wanted to withdraw the money, the platform asked me to pay more than 68,000 US dollars on the grounds that my account violated the operation. After I paid part of the risk deposit, I still owed more than 40,000 yuan. Then Pan Xinglong took me to trade, and the platform turned the money in my account into a negative number. Finally, I asked to close the account and return my insurance money. The platform customer service pushed three No solution to push four, and no response to emails to them. This black platform has a total of 4 gangs. Guo Juan, Wang Jin Chen , Pan Xing long , Shi Meng long. Registered address: Unit G1, capital House 61 Amherst Road, London E81LL United Kingdom.

2022-07-26 14:34

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    Write a review

    Mani Kumar Magar
    more than one year
    Do not trade with FRTC.NET LIMITED! Totally a scam company. Now their website is down and they don't respond to my messages at all.
    Translate to English
    2022-12-12 10:31
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    News

    ExposureFRTC.NET LIMITED did not allow a victim from Taiwan to withdraw and even asked for an extra fee

    Although forex trading is one of the market’s most profitable businesses, many people suffered heavy financial losses every year. The biggest problem that many traders met lies in withdrawal refusal. In today’s article, we will expose how FRTC. NET LIMITED denies the victim’s withdrawal request and even puts forward unacceptable demands.

    WikiFX
    2022-08-11 17:14
    FRTC.NET LIMITED did not allow a victim from Taiwan to withdraw and even asked for an extra fee
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