Score

1.83 /10
Danger

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

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Comparison

Quantity 99

Exposure

Open Account
Website

Score

License Index0.00

Business Index6.07

Risk Management Index0.00

Software Index6.91

Regulatory Index0.00

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

Licenses

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

Single Core

1G

40G

open now

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! 8
Previous Detection : 2022-12-07
  • 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.

WikiFX Verification

Pyramid scheme complaint
Expose

    User Reviews

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    User comment

    31

    Comments

    Write a review

    3-6months
    只有报警才能解决问题,那就报警吧, 血汗钱,人在做天在看,早晚受报应
    Translate to English
    2022-10-25 11:18
    1
    7
    2
    Kheang moul
    0-3months
    wing
    Translate to English
    2022-10-19 21:02
    Reply
    2
    1

    News

    ExposureSITI prepares a class action against FVP Trade as Italian victims complain about FVP Trade fraud.

    Italian victims complain to SITI about FVP Trade fraud. SITI is preparing a collective redress (Class Action) against this broker and is calling on investors to provide more evidence so that FVP Trade can be brought to justice.

    WikiFX
    2022-10-26 11:27
    SITI prepares a class action against FVP Trade as Italian victims complain about FVP Trade fraud.

    ExposureFVP Trade has been confirmed to have absconded.

    In the previous articles, WikiFX has exposed FVP Trade to the public. We recently got the latest news about this broker. According to some reports, this broker has absconded.

    WikiFX
    2022-10-19 17:30
    FVP Trade has been confirmed to have absconded.

    NewsRenault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"

    On July 8, the vehicle manufacturer's website revealed the two firms' collaboration. On that occasion, Otmar Szafnauer, Team Principal of the BWT Alpine F1 team, made a statement.

    WikiFX
    2022-09-13 13:56
    Renault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"

    ExposureNews Update: FVP Trade has just announced a new statement about its current situation on August 25

    On August 25, FVP Trade once again announced a new statement about its current situation. What is the content of this new statement? Is FVP Trade finally unfreezing the money? Or is it just another meaningless excuse? Keep reading to figure out the truth.

    WikiFX
    2022-08-25 17:07
    News Update: FVP Trade has just announced a new statement about its current situation on August 25

    News3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money

    As of August 19, 2022, WikiFX has exposed a lot of scammers in the forex market. These scam brokers have caused a heavy financial loss to its forex traders, we wonder why so many traders continually fall into scammers’ “trap”. In today’s article, we will describe 3 tricky methods that unscrupulous brokers prefer to use in order to take clients’ money away fraudulently.

    WikiFX
    2022-08-20 09:00
    3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money

    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
    2022-08-18 14:28
    GENERAL RANKINGS – 5 FX SCAM BROKERS ON AUGUST 2022 BY WIKIFX

    NewsRisk of Losing Money When Participating in FVP Trade

    Continue with the story how FVP trade has lured participants into their trap.

    WikiFX
    2022-08-12 18:15
    Risk of Losing Money When Participating in FVP Trade

    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.
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