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WikiFX

Score

1.80 /10
Negative

FVP Trade

United Kingdom

Scam Brokers

2-5 years

Regulated in United Kingdom

Payment License

MT4/5 full license

Regional Brokers

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

Influence

E

Better than 10% brokers
Open Account
Website

Score

License Index0.00

Business Index5.89

Risk Management Index0.00

Software Index6.91

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

E

Better than 10% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Provide service support by WikiFX

Single Core

1G

40G

Open for free

Broker Information

More

Company Name

FVP trade Ltd

Company Abbreviation

FVP Trade

Platform registered country and region

United Kingdom

Company website

Twitter

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 7 Previous Detection: 2022-08-17
  • This broker bas been verified to be illegal and all of its licences have been 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.

This platform is a Ponzi Scheme. Please stay away!

Previous Detection 2022-08-17 Risk 7

Pyramid scheme complaint
Expose

News

NewsGENERAL RANKINGS – 5 FX SCAM BROKERS ON AUGUST 2022 BY WIKIFX

As we know so far, forex trading is one of the most profitable businesses in the financial market. However, it doesn’t mean everyone can win big while trading forex. Instead, many people suffer a heavy loss in the forex market. The biggest challenge for them lies in seeking a solid broker. Based on WikiFX’s official website, we have listed the 5 FX scam brokers in August 2022 to protect you from getting scammed.

WikiFX
2022-08-16 16:57
GENERAL RANKINGS – 5 FX SCAM BROKERS ON AUGUST 2022 BY WIKIFX

ExposureFVP Trade Update: Vietnam State Television (VTV) has exposed FVP Trade scams.

On August 11, 2022, the Vietnam State Television(VTV) exposed FVP Trade scams to the public. The show gave a lengthy and comprehensive overview of the FVP Trade scam. The show lasted nearly six minutes. Just a short time ago, Vietnamese police arrested the Head of the FVP Trade Representative Office in Quang Binh, Vietnam.

WikiFX
2022-08-12 17:31
FVP Trade Update: Vietnam State Television (VTV) has exposed FVP Trade scams.

ExposureFVP Trade News Update: The Head of the FVP Trade Representative Office has been arrested

WikiFX just receives the news on August 8th,2022 that the head of the FVP Trade representative office in Quang Binh, Vietnam. Has been arrested. Keep reading if you want to know more.

WikiFX
2022-08-08 18:13
FVP Trade News Update: The Head of the FVP Trade Representative Office  has been arrested

ExposureArresting FVP TRADE Quang Binh Office Head Swindling Investors almost 700,000 USD

FVPTrade is introduced a forex, metal, commodity, index, cryptocurrency exchange which has not been licensed in Vietnam. Up to now, this exchange has suspended withdrawals and frozen all accounts, deleting data in order to swindle investors' assets.

WikiFX
2022-08-08 16:55
Arresting FVP TRADE Quang Binh Office Head Swindling Investors almost 700,000 USD

NewsFVP Trade: A Ponzi Scheme You Need to be Aware of

FVP Trade is a CFD broker that has recently gained the attention of the WikiFX investigation team as we have been constantly receiving complaints regarding the true nature of this broker. It is suggested that FVP Trade is a Ponzi scheme in disguise and today WikiFX is going to unveil the truth.

WikiFX
2022-07-19 16:35
FVP Trade: A Ponzi Scheme You Need to be Aware of

NewsDANGOTE WOULD INVEST IN THE STEEL INDUSTRY AND STOP OBTAINING FOREX FROM THE CBN.

In keeping with its commercial development strategy, the Dangote Group said on Thursday that it was diversifying into the steel sector due to its huge potential.

WikiFX
2022-05-29 12:30
DANGOTE WOULD INVEST IN THE STEEL INDUSTRY AND STOP OBTAINING FOREX FROM THE CBN.
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※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
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