Caution Investors FXWINNING.PRO – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)
FXWINNING.PRO Review: Is it a Scam or Legit?
Overview:
FXWINNING.PRO is a website that claims to offer online trading and investment services in various financial markets, such as forex, stocks, commodities, and cryptocurrencies. The website is operated by FXWINNING LIMITED, a company registered in the United Kingdom with the registration number 13031345. However, the website does not provide any information about the company’s address, contact details, or regulatory status. In fact, FXWINNING.PRO has been flagged by the Comisión Nacional del Mercado de Valores (CNMV), the financial regulator of Spain, as a potential scam.
Regulation and Compliance:
According to the CNMV, FXWINNING.PRO is not authorized to provide investment services or advice in Spain, nor is it registered in any other European country. This means that the website is operating illegally and without any oversight or protection for its clients. The CNMV warns that FXWINNING.PRO may be involved in fraudulent activities, such as manipulating prices, withholding withdrawals, or stealing personal and financial information from its users. The CNMV advises investors to avoid dealing with FXWINNING.PRO and to report any suspicious activity to the authorities.
Customer Reviews:
A quick search on the internet reveals that FXWINNING.PRO has a very poor reputation among its customers. Many users have complained that the website is a scam and that they have lost money by trading with it. Some of the common issues reported by customers are:
– The website does not verify the identity of its clients, which raises concerns about money laundering and identity theft.
– The website does not provide any terms and conditions, privacy policy, or risk disclosure documents, which are essential for any legitimate online trading platform.
– The website does not offer any customer support or communication channels, such as phone, email, or live chat. The only way to contact the website is through a web form that does not guarantee a response.
– The website does not allow its clients to withdraw their funds, either by imposing unreasonable fees and conditions or by simply ignoring their requests.
– The website uses fake testimonials and reviews to lure unsuspecting investors into its scheme. The website also uses fake logos and endorsements from reputable organizations and media outlets to create a false sense of credibility and legitimacy.
Products and Services:
FXWINNING.PRO claims to offer a variety of trading and investment products and services, such as:
– Forex trading: The website claims to offer access to over 50 currency pairs, with low spreads and high leverage.
– Stock trading: The website claims to offer access to over 1000 stocks from global markets, with low commissions and fast execution.
– Commodity trading: The website claims to offer access to over 20 commodities, such as gold, oil, silver, and natural gas, with competitive prices and flexible contracts.
– Cryptocurrency trading: The website claims to offer access to over 10 cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple, with high volatility and profitability.
– Investment plans: The website claims to offer various investment plans with guaranteed returns ranging from 10% to 50% per month.
However, these claims are not backed by any evidence or proof. There is no information about how the website executes its trades, what platforms or software it uses, what fees or charges it applies, or what risks or limitations it entails. Moreover, the website does not provide any educational or analytical resources for its clients, such as market news, charts, indicators, signals, or strategies.
Location:
FXWINNING.PRO does not disclose its physical location or address on its website. The only information available is that the website is operated by FXWINNING LIMITED, a company registered in the United Kingdom. However, this registration does not mean that the company is regulated or authorized to provide financial services in the UK or elsewhere. In fact, the UK’s Financial Conduct Authority (FCA) has not issued any license or approval for FXWINNING LIMITED or FXWINNING.PRO. Furthermore, the UK’s Companies House database shows that FXWINNING LIMITED was incorporated on 19 October 2020 and has not filed any accounts or reports since then.
Customer Service:
FXWINNING.PRO does not provide any customer service or support for its clients. The only way to contact the website is through a web form that requires filling out personal and financial details. However, there is no guarantee that the website will respond or address any issues or queries raised by its clients. Moreover, there is no phone number, email address, live chat option, or social media presence for FXWINNING.PRO. This makes it very difficult for customers to communicate with the website or to seek help in case of any problems.
Conclusion:
FXWINNING.PRO is a highly suspicious and potentially fraudulent website that offers online trading and investment services without any regulation or compliance. The website has been warned by the Spanish regulator as a possible scam and has received numerous complaints from its customers who have lost money by dealing with it. The website does not provide any information about its location, contact details, or trading conditions. The website also does not offer any customer service or support for its clients. Therefore, we advise our readers to stay away from FXWINNING.PRO and to look for more reliable and reputable online trading platforms.
