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Score
United States
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
Clone Firm United Kingdom
Suspicious Overrun
High potential risk
Add brokers
Comparison
Quantity 19
Exposure
Score
Regulatory Index0.00
Business Index7.59
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
FXSolutions
Company Abbreviation
FXSOL
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
The platform has absconded instead of making me suffer losses,which is unacceptable.
They accused me of cheating the platform’s money via data loophole. That was apparently a trick used by fraudsters to prevent you withdrawing money.
I knew this person on facebook for 3 months. He said he was familiar with foreign exchange and led me to deposit. But my account was blocked later and I had to pay more money to unlock it. I could not withdraw or log in my account. Beware.
I didn’t know how she added me through Wechat.She told me that she could help me trade international forex,with professional team and 5 to 10 times of profits.When I withdrew money,I was told to pay hundred thousand RMB.Then,they claimed that my credit score was not enough,and tax and risk fee,500000 RMB or so in total,should be paid for.She helped me pay more than 100000 RMB.Actually,they are all masterminds.
I deposited ¥89,000 but I can’t withdraw. Fraud company. How can I get my money back?
The scammer asked for additional fees before withdrawal. The website and app were disabled. When you found it was a scam, you were unable to withdraw.
Why there are so many fraudsters cheating on clients by all kinds of means and APP without the police’s control,which is extremely disappointing.These rapacious are still cheating at large, claiming persons’ families.Where are your conscience?
At first someone added me through Wechat, saying that he can teach me how to do forex with a specialized team to guide me and the profit would be 5-10 times. When I tried to withdraw, they said there was a bank card error or something and I need to deposit hundreds of thousands. Later, they said my credit point was insufficient and I need to pay more. During the whole process I paid so-called taxes, risk-control fee or something, all together over 500,000.
I was led to deposit under the guidance of a man I knew on the Internet. The police could not help about it.
Hope you tell the police the severity of this matter,or fraudsters will continue to cheat instead of being punished.Person live,as if dead,while fraudsters set aside the rules,which is unbelievable.
Hope more people see to this matter and call the police, otherwise the Public Security Bureau does not pay attention to it. I have called the police for two months. The platform,with its staff,run away, and the Public Security Bureau did not have any news. Ah, so everyone should work hard together. Ignoring the police and law,how could you?
The broker plays tricks. First, they added me on Wechat and seduced me into investing. After depositing, the programmer guided me to operate, which was rather profitable. When I tried to withdraw, they told me I had a bank card number error, which could be solved if I pay a high margin. After depositing again, editing my account and passing the audit, I didn’t receive my money, and the service is missing. And they even blocked me on Wechat. Such a scam broker!
It keeps defrauding me. Now the website is inaccessible. These swindlers are enjoying themselves abroad, leaving us feeling bad.
I knew this person on facebook for 3 months. He said he was familiar with foreign exchange and led me to deposit. But my account was blocked later and I had to pay more money to unlock it. I could not withdraw or log in my account. Beware.
The fraudster added me by means,saying that he could help me invest forex with professional team and 5 to 10 times of profits.When I withdrew moneu,I was told that my bank card number was wrong ,with that,I need to pay hundreds of thousands of yuan and other tax fee and risk fee,RMB 500000 or so in total(the fraudster is still cheating,with his Wechat,iphone 8 GB).
At the beginning, the salesman contacted me by WeChat said that they could help me earn money via some data. At first, I deposited 60,000 yuan, and the technician helped with trading. After I gained profits and wanted to withdraw money, the customer service personnel asked me to pay for 25% of the balance as margin with the excuse of wrong card information. But my money remained inaccessible after payment. They explained that my credit score only reached 80 because of my wrong card information. They asked me to increase the score up to 100 with the price of RMB7,000 per score. I did. The request for withdrawing money was approved but the money would arrive my account unless I transferred 20% of the profits as individual income tax into an appointed account. I didn’t do that. Now, I have no access to the platform. (the salesmen also helped you with a part of payments, but they work with the personnel)
Since FXSOL's official website (http://www.fxsol.com.cn/) is temporarily down, we could only piece together a rough picture of xx as a forex broker by gathering relevant information from other websites.
General Information
Registered in the United States, FXSOL is a forex broker providing a series of trading instruments, such as currency pairs, indices, stocks. As this brokers official website cannot be opened for now, we could not obtain further details.
Please note that the claimed UK FCA regulation (License No. 113942) is verified as a clone, and it has been verified that this broker is not authorized or regulated by any regulatory authority. Please be aware of the risk.
WikiFX Field Survey
The WikiFX field survey paid a visit to this FXSOL‘s regulatory address, but disappointedly found that this broker’s actual address is not consistent with its regulatory address, which could be served as further evidence that this broker is probably a scam.
Please note the content is for informational purposed only.
Leverage
Trading leverage cannot be found anywhere. Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Trading Platform
FXSOL provides access to the industry-leading MT4 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform offers a powerful set of tools available with one click, a flexible trading system, technical and fundamental analysis, professional MQL5 development environment, multi-currency tester and alerts.
Customer Support
If clients have any inquiries or trading-related issues, they can get in touch with this broker through the following contact channels:
Telephone: 400877787
Email: service@fxsol.com.cn
Negative Reviews
The number of the complaints received by WikiFX have reached 19 for this broker in the past 3 months. Quite a few traders shared their awful trading experience on this platform, saying this brokerage is just a fraud platform rejecting their withdrawal requests. Come to WikiFX to see the whole story.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
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