Do you want to trade on Flextrading Fx? Here is what you must know about this broker flextradingfx.net. See reviews to find all about it.
This post promises to share helpful review to support users/traders in making the right decision.
What is Flextrading Fx?
Flextrading Fx located at flextradingfx.net is an offshore brokerage company with a lot of promises for traders. The broker claims it is a “UK-based cloud crypto mining initiative that prides itself on the security of its users”. This, you will know if it is true. More so, it promises account types like Learn, Trade and Invest.
What is more, the broker offers different instruments like forex, stocks, commodities, crypto, bonds and indices. Also, it presents a zero spread difference in Buy/Sell.
To clarify, traders must know they are dealing with an unlicensed broker with a false claim of regulation.
Withdrawal and Deposit
Under withdrawal policy, Flextrading Fx leaves us with no specific information on withdrawal fee nor processing days on withdrawal. Truly, this broker is not legit and its fraudulent schemes are clear.
Flextrading Fx Minimum Deposit:
Flextrading Fx minimum deposit is not indicated.
As for the payment methods, the broker claims different payment options. Truly, you should not consider making any payment with this broker because it is a risk. So beware!
Flextrading Fx Platform:
Flextrading Fx offers web based trading platform and not MT4 or MT5 (Industry standard trading platforms) which gives us more reason not to take this broker serious. Many scammers have trading software to fool their victims that their money is being invested.
As for the leverage, the broker says nothing about it. Truly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
Why flextradingfx.net Is A Suspicious Broker
First of, flextradingfx.net has no financial authority overseeing its financial services. We believe this broker is not worth your money because Financial Conduct Authority (FCA),UK does not have this broker on its database. Here, we are certain that Flextrading Fx is not an authorized broker, and that he is trying to deceive us. See below-
More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.
These are drawbacks for forex traders to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Flextrading Fx Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Flextrading Fx located at flextradingfx.net claims to be a trustworthy trading broker, however, that cannot be ascertained. From indications, we would advise traders to steer clear from this broker as it likely a platform run by scammers. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.
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Last Updated on December 6, 2022 by admin