Abstract:FVP Trade has been taking its trading clients on a roller coaster ride since it froze their accounts without any prior warning. Although FVP Trade claimed that the main reason it made this decision was to protect its clients from money laundering syndicates, nobody truly buys that explanation. Not only do we at WikiFX constantly receive complaints regarding FVP Trade’s irresponsible act, but it seems that several companies that were collaborating with FVP Trade had also decided to drop their business relationship for good.
FVP Trade has been taking its trading clients on a roller coaster ride since it froze their accounts without any prior warning.
Although FVP Trade claimed that the main reason it made this decision was to protect its clients from money laundering syndicates, nobody truly buys that explanation.
Not only do we at WikiFX constantly receive complaints regarding FVP Trades irresponsible act, but it seems that several companies that were collaborating with FVP Trade had also decided to drop their business relationship for good.
Previously, iFX EXPO Asia 2022 featured their FVP Trade on their official website as one of their main sponsors and exhibitors – which we had warned our users 2 weeks ago: https://www.wikifx.com/en/newsdetail/202207218234937790.html.
At that point, iFX EXPO Asia still had FVP Trades logo on their homepage. However, its logo is nowhere to be seen now on https://bangkok2022.ifxexpo.com/meet/#sponsors, which means that FVP Trade has now been disqualified from participating in iFX EXPO Asia.
On the other hand, the French F1 team Alpine could also be suggested to have dropped their partnership with FVP Trade.
Just 1 month ago, the Alpine team was proudly announcing their partnership with FVP Trade. (Article source: https://sportskhabri.com/alpine-join-forces-with-fvp-trade/).
Nevertheless, upon searching the official website of the Alpine team (https://events.bwtalpinef1team.com/en/), there was no logo of FVP Trade spotted.
In summary, it could be deduced that the incident of FVP Trade raised the awareness of its partners who then decided to terminate their relationship with FVP Trade, natch. No legitimate business would want any risk of being involved with an allegedly fraudulent broker.
Yabo Market Limited is an online forex broker registered in China. It was newly established. Recently this broker has caught our attention because one trader from Turkey told WikiFX that Yabo Market Limited does not allow him to withdraw. Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. In this article, we will expose this case to you in detail based on the evidence provided by the victim.
Wisdom Forex is the trading name of Wisdom Technology Services Ltd, a company registered in Saint Vincent and the Grenadines. Wisdom Forex says it offers access to a wide selection of financial markets, advanced MT4 trading platform to use.
VOREX is said to be established in Georgia in 2008, offerings its clients access to a series of financial markets, including Global Stocks, Cryptocurrency, Commodity Futures, Foreign Exchange. VOREX provides its trading services with clients ranging from seasoned and novices to fund managers and institutional clients.
Despite being taught to “stay away” from risky or dangerous places, things, and events from young, many forex traders seem to forget about the basic survival rule when it comes to forex trading. Many forex traders participate in the currency market without the awareness of risk management.