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FXICA

United Kingdom|Scam Brokers|
5-10 years|Suspicious Regulatory License|Counterfeit MT4/5|Regional Brokers|High potential risk|

http://www.fxica.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Counterfeit

2
Server Name
ICA-Demo MT4
Server Location United States

Contact

support@fxica.com
http://www.fxica.com/

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

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Broker Information

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Company Name

FXICA

Company Abbreviation

FXICA

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 3
Previous Detection : 2024-03-29
  • 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

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Pyramid scheme complaint
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User Reviews

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User comment

3

Comments

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FX1606422297
more than one year
I was eyeing a promising breakout in GBP/JPY, my finger hovering over the buy button. But by the time the platform acknowledged my order, the price had shot up 20 pips, eating significantly into my profits. This wasn't just a one-time occurrence; it was a consistent pattern that eroded my confidence and my account balance.
2024-01-26 18:19
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0
0
Jerther
more than one year
I had a bad experience with FXICA. Lost $18,000 and can't withdraw. My account got frozen.
2024-01-03 18:20
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0
0
FX2403007569
more than one year
not satisfied
2022-10-12 21:24
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0
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