fvptrade.com — Review

Scam Broker 2021 Alert

File a Complaint Against

FVP Trade

Know Your Options and Recover Your Funds

Caution Investors FVP Trade – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements


FVP Trade is a website that claims to be operated by FVP Holdings Ltd, a company registered in St. Vincent and the Grenadines. The website also claims to have offices in Australia, Hong Kong, Singapore, and the UK. However, according to the ASIC alert, FVP Trade is not authorized to provide financial services in Australia or any other jurisdiction where it operates. Moreover, the ASIC has received reports that FVP Trade has been making unsolicited calls and emails to potential investors, offering them unrealistic returns and bonuses, and using high-pressure sales tactics.

Regulation and Compliance:

One of the most important factors to consider when choosing an online trading platform is whether it is regulated by a reputable authority. Regulation ensures that the broker follows certain standards of conduct, such as keeping client funds in segregated accounts, providing fair and transparent pricing, and adhering to anti-money laundering and consumer protection laws. Regulation also provides a mechanism for dispute resolution and compensation in case of misconduct or insolvency. FVP Trade, however, is not regulated by any authority and does not comply with any of these requirements. This means that investors who trade with FVP Trade are exposed to a high risk of losing their money and have no recourse in case of fraud or dispute.

Customer Reviews:

Another way to assess the credibility of an online trading platform is to look at the customer reviews and feedback. A reputable broker should have a positive reputation among its clients and provide them with quality service and support. However, FVP Trade has received numerous complaints and negative reviews from its customers, who have reported various issues such as difficulty in withdrawing funds, manipulation of prices and trades, false promises of profits and bonuses, and aggressive marketing tactics. Some customers have even claimed that FVP Trade is a scam and warned others not to trade with them.

Products and Services:

FVP Trade claims to offer a wide range of trading products and services, such as forex, CFDs, stocks, commodities, and cryptocurrencies. The website also claims to provide access to various trading platforms, such as MetaTrader 4, MetaTrader 5, WebTrader, MobileTrader, and FVP Trader. However, these claims are not verified by any independent source and may be misleading or false. For instance, FVP Trade does not have a license to offer securities or derivatives in Australia or any other jurisdiction where it operates. Moreover, the trading platforms that FVP Trade claims to offer may not be genuine or secure and may contain malware or viruses that can harm your device or steal your personal information.


FVP Trade claims to have offices in Australia, Hong Kong, Singapore, and the UK. However, these claims are not substantiated by any evidence and may be false or fabricated. According to the ASIC alert, FVP Trade does not have a physical presence or a valid address in Australia or any other jurisdiction where it operates. Furthermore, the company that FVP Trade claims to be operated by, FVP Holdings Ltd, is registered in St. Vincent and the Grenadines, which is a notorious offshore jurisdiction for unregulated and fraudulent brokers. Therefore, it is very likely that FVP Trade is hiding its true identity and location from its customers and regulators.

Customer Service:

FVP Trade claims to provide 24/7 customer service via phone, email, live chat, and social media. However,

these claims are not consistent with the customer feedback and experience. Many customers have reported that FVP Trade’s customer service is unresponsive, rude, or nonexistent. Some customers have also reported that FVP Trade’s representatives have harassed them with unwanted calls and emails, pressured them to deposit more money or accept bonuses with hidden terms and conditions,

or threatened them with legal action if they tried to withdraw their funds or complain about their service.

Is Your Money Safe in an unregulated company?

The answer is no. Trading with an unregulated company like FVP Trade is extremely risky and unsafe for your money. Unregulated brokers do not follow any rules or standards of conduct that protect your interests as an investor. They can manipulate the prices and trades on their platform,

charge hidden fees or commissions,

or simply refuse to process your withdrawal requests.

They can also use your personal information for identity theft or fraud.


you have no legal protection or recourse if you encounter any problems or disputes with an unregulated broker. You cannot file a complaint or claim compensation from any regulatory authority or scheme. You are essentially trading at your own risk and peril.

Defensive Measures Against Fraudulent Brokers

If you want to avoid falling victim to fraudulent brokers like FVP Trade, you should follow some basic defensive measures, such as:

– Do your research before choosing a broker. Check the broker’s website, registration, license, reputation, and customer reviews. Verify the information from independent sources, such as regulators, industry associations, or consumer watchdogs.

– Avoid brokers that offer unrealistic returns, bonuses, or guarantees. These are usually signs of a scam or a Ponzi scheme. Remember that there is no such thing as a free lunch or a risk-free investment in the financial markets.

– Avoid brokers that contact you unsolicited or use high-pressure sales tactics. These are usually signs of a cold call or a phishing attempt. Do not give out your personal or financial information to anyone you do not know or trust.

– Avoid brokers that ask you to deposit money via untraceable methods, such as wire transfer, cryptocurrency, or prepaid cards. These are usually signs of money laundering or fraud. Use only secure and regulated payment methods, such as credit cards, bank transfers, or e-wallets.

– Avoid brokers that make it difficult for you to withdraw your money or impose unreasonable conditions or fees. These are usually signs of a withdrawal scam or a lock-in scheme. Read the terms and conditions carefully before accepting any offer or bonus. Request a withdrawal as soon as possible and keep a record of your transactions and communications.


FVP Trade is an online trading platform that has been flagged by the ASIC for operating without a license and engaging in deceptive practices. Trading with FVP Trade is very risky and unsafe for your money and personal information. You should avoid FVP Trade and any other unregulated or fraudulent brokers and follow some basic defensive measures to protect yourself from scams and frauds in the online trading industry.