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Do You Want to Know If FXTradePlus Is a Legitimate or Scam Broker?
FXTradePlus insists on its website that it is a “legal” company. Actually, a “legal” company would imply they are attorneys, but that isn’t the only error we found in the web content. They also insisted that they were “professional” but did not reveal any information about licensing or who they were. The lack of transparency is usually a sign of a problem. Reliable brokers provide licenses, and have an “about us” page with actual identities.
There Are Some Problems with FXTradePlus
One thing we noticed on the FXTradePlus website were guaranteed returns in just 24 hours and 48 hours or several days. The percentage of guaranteed return would increase– for instance 180% for 18 hours and 210% for 24 hours. Guaranteeing returns is almost impossible for any broker. No broker that claims to do so is being honest. In addition, FXTradePlus is an offshore broker, and has a license from a regulator that doesn’t protect clients.
Red Flags that FXTradePlus Could Be a Scam Broker
- Poor web content
- Exaggerated guarantees
- False claims
- Offshore license
If You Need Fund Recovery from FXTradePlus, Talk to Us
We create these reviews to warn consumers about brokers that may be fraudulent. If you have an account with FXTradePlus close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports and will assist with fund recovery efforts.