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/10

FXCH

Item: FXCH
Rating: 1.54

United Kingdom|Scam Brokers|

http://www.forex-swiss.cn/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

Counterfeit

Server Name

FXCH-Demo MT4

Server Location

United States

Contact

info@forex-swiss.cn

http://www.forex-swiss.cn/

Licenses

FCA Suspicious Clone

Investment Advisory License

VPS Standard

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

Single Core

40G

Open Now

Broker Information

Company Name

FXCH Markets

Company Abbreviation

FXCH

Platform registered country and region

United Kingdom

Company website

http://www.forex-swiss.cn/

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 5

Previous Detection : 2023-12-06

This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!

The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

A Visit to FXCH in UK -- Finding No Office

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FX1332540440

more than one year

I have no words for this FXCH broker! It sucks! They manipulated the price and blocked my trading account when I make profits. I was happy to see it has been out of business. Actually, I wish they go to hell.