Scam Broker Investigator | is a BIG SCAMM WITH FAKE REGISTRATION. (FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.

Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409

Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines

James Tulabot
Team Leader

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines

Virgilito Dada
Account Manager

Elton Danao
Sale Manager
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

Finally, we would like to remind the investors that behind the bright surface is all blood and sweat, and there’s no such thing as free rides. Investors can filter out most of the traps if they get their ideas right and ask a few more questions. However, GFX Securities is asking its customers to deposit $1,000! This broker is owned as well as operated by GilgameshFX Limited , which operates from Bahrain, which is located in the Persian Gulf. The company claims to be registered in the United Arab Emirates. I am going to show you best forex bonus opportunities according to Top Forex Broker List I made. I would advise you to think again before opening an account with GoldFX and funding it. GoldFX’s partner GDMFX is a broker registered in New Zealand but not fully regulated. Because the broker does not implement the new rules introduced by the New Zealand regulator, the situation is a bit complicated.

It is a cardinal rule never to sign up with a broker who is not regulated. Working with a broker that does not have a license offers no protection in the case of a broker scam. Although the lack of a license is not a guarantee that a broker is fraudulent, it is the one factor that comes up time and time again when we investigate broker scams. We have done a thorough investigation of FXCL and want to share our findings with you. We have developed our research methods through years of working closely with regulators, banks, and government organizations connected with the financial industry. Our methods have kept thousands of people safe from broker scams. Therefore, our review of FXCL is a useful tool in making sound financial decisions.

Licensed by

Yeah man, there are and will always be that type of stuff about companies like this. “Backed by a legit company”, “is doing actual trading” , and the list goes on. What you need to do is ask yourself one simple question. Would someone really need your money to trade with them if they were already successful? I don’t think anyone is in the business of giving away free money. But even at that, I still lay it out in this review about how this can still benefit someone who is willing to take the risk.

So, if you see any new broker, you can look that out here. Furthermore, if you know any forex trading scams that are not listed here, send the information to us and report forex scams; we will add them up. It is nearly impossible to recover your money from scammers. If you get scammed, the only thing you can do is report forex scams to the regulatory body or proper authority. Thus, the regulators can alert the traders and brokers about the scamming organization. However, in some cases, your money might get recovered if the authorities can find the scammer. To act as real, some advanced broker from the list of forex scams may come across to you and explain about low risk or even no risk about trading.


The transaction is favored by short-term customers due to its low transaction costs and almost “zero difference” and is suitable for customers who want to get in and out quickly. While this may seem a small matter, many unsuspecting and gullible traders can get impressed by seeing how many awards a broker has won. And GFX Securities uses this weakness to attract more customers. When we signed into the demo account, we found out that the spreads were not that attractive. We found the spread for the benchmark EURUSD currency pair was standing at 1.9 pips, which is higher than the industry average range of 1 pip to 1.5 pips. Clients of the broker are complaining that they are unable to withdraw their funds, which is quite a serious issue. The first red flat we noticed was that nowhere on GFX Securities’ website did we find any information about the broker’s registration status or details. So, we decided to check with the online registry of the Bank of United Arab Emirates, the financial regulator in the UAE.

25% trading profit on a 7-% investment is a lot less than it would be on 100% of the investment. In fact after one month the investor will still be out running at a loss. Thank you John for your review and like the mantra of investments risk says only invest the amount you can afford to lose. There were new members who started with $30000 and $10000 and as long as people are bold enough to invest such amount they may last for a few years. From what i know, they make money everytime you withdraw your money. If someone is trading, and you trade other people’s money, the way to earn is to get commission out of their earnings. And yeah, their partner is EverFX, who does trading for them. Also being a member, you can learn from their academy how to trade and eventually trade on your own thru EverFX. And yeah, EverFX earns money too whenever you trade using their platform.

Common Forex Scams & How to Avoid Them

Cash FX Group is currently paying, and I’m sure that’s what a lot of you are concerned about. Join at your own risk, and please do not go using money that you will need next week, as you know that it will take a couple of months before you see that initial investment back. As with any form of retail business, some FOREX SCAM people make money and some lose money. However, there are definitely experienced traders who make BIG money in the Forex market. GFX requires you to make a minimum deposit of $1,000 to open a basic trading account with them. This is an excessively high amount since the industry standard ranges from $100 to $250.

*Information not comfirmed*