Fexmon Global Ltd

Caution Investors Fexmon Global Ltd – Regarding operating the website www.fexmongloballltd.com, has been operating as an investment firm / investment business firm in the State in the absence of appropriate authorisations. 

Overview:

Fexmon Global Ltd is a company that purports to be an investment firm/investment business firm in Ireland, offering services such as forex trading, binary options, stocks, commodities, cryptocurrencies, and more. The company claims to have a physical address on the 2nd Floor, 13 Upper Baggot Street, Dublin 4, Ireland, and a phone number +353 1 254 9499. However, there is no evidence that the company actually operates from this location or that it has any legitimate contact details.

Regulation and Compliance:

The most alarming sign that Fexmon Global Ltd is a scam is that it is not authorised by the Central Bank of Ireland (CBI) to provide any investment services in Ireland. The CBI issued a warning notice on 17 August 2023, stating that Fexmon Global Ltd has been operating as an unauthorised firm and advising consumers to avoid dealing with it. The CBI also warned that consumers who deal with unauthorised firms are not eligible for compensation from the Investor Compensation Scheme or the Financial Services and Pensions Ombudsman.

Customer Reviews:

Another way to verify the credibility of an investment firm is to check its customer reviews online. Unfortunately, Fexmon Global Ltd has very few reviews on the internet, most of which are negative. Many customers have complained that Fexmon Global Ltd has scammed them, that they have lost their money, that they have been unable to withdraw their funds, that the company’s agents have harassed them, and that they have received no response from the company’s customer service.

Products and Services:

Fexmon Global Ltd claims to offer a wide range of financial products and services, such as forex trading, binary options, stocks, commodities, cryptocurrencies, and more. However, these products and services are not regulated or supervised by any authority in Ireland or elsewhere. Moreover, the company does not provide any information about its trading platform, its fees and charges, its risk disclosure, its terms and conditions, or its privacy policy. This means that customers have no idea what they are signing up for or what risks they are taking when they invest with Fexmon Global Ltd.

Location:

Fexmon Global Ltd claims to have a physical address on the 2nd Floor, 13 Upper Baggot Street, Dublin 4, Ireland. However, this address is not registered with the Companies Registration Office (CRO) in Ireland. In fact, there is no record of Fexmon Global Ltd being incorporated or registered in Ireland at all. Furthermore, the company’s website domain name www.fexmongloballltd.com was registered on 12 July 2023 by a person named John Smith using an email address [email protected] and a phone number +1.1111111111. This indicates that the company’s website is not secure or trustworthy.

Customer Service:

Fexmon Global Ltd claims to have a phone number +353 1 254 9499 and an email address [email protected] for customer service. However, many customers have reported that they have never been able to reach the company by phone or email. Some customers have also claimed that they have been contacted by the company’s agents using different phone numbers or email addresses than the ones provided on the website. These agents have allegedly pressured customers to deposit more money or threatened them with legal action if they try to withdraw their funds.

Conclusion:

Based on the above evidence, it is clear that Fexmon Global Ltd is not a legitimate investment firm in Ireland but a scam that aims to defraud unsuspecting investors. Therefore, we strongly advise you to avoid dealing with this company and to report it to the CBI if you have been contacted by it or if you have already invested with it. You should also seek professional advice if you need help recovering your money or protecting your rights.