Score

1.54 /10
Danger

FX-TRADING

South Korea

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

Quantity 9

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.24

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

FXTRADING CORPORATION

Company Abbreviation

FX-TRADING

Platform registered country and region

South Korea

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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    FX-TRADING · Company summary

    Note: FX-TRADING's official website - https://www.fxtradingcorp.com/ is currently inaccessible normally.

    FX-TRADING Review Summary
    Founded2018
    Registered Country/RegionSouth Korea
    RegulationNo Regulation
    Market InstrumentsForex, cryptocurrencies, etc.
    Demo Account/
    Leverage/
    Spread/
    Trading Platform/
    Min Deposit$100
    Customer SupportEmail: support@fxtradingcorp.com
    Facebook

    FX-TRADING is an unregulated cryptocurrency investment platform based in South Korea that alleges to offer high-profit products to its investors. However, its official website is inaccessible, leading to strong allegations of fraudulent activity.

    FX-TRADING

    Pros and Cons

    Pros Cons
    /Non-functional website
    No regulation
    Lack of transparency
    Limited tradable asset classes
    Only email support

    Is FX-TRADING Legit?

    No license

    At present, FX-TRADING lacks valid regulation. Its domain was registered on July 24, 2018, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. We advise you to choose other regulated brokers instead.

    Domain information

    Investment Plan

    It offers high-profit potential, claiming to provide 1% - 2.5% of daily passive income for 200 days with an investment of at least $100. Total projected returns, including profit and capital, are as high as 400%. However, a withdrawal fee of 5% is charged.

    User Reviews

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    User comment

    2

    Comments

    Write a review

    Tiny Princess
    more than one year
    The minimum investment for FX-TRADING is $100, which is low compared to most other traders. But the lack of supervision of the company and the comments about the alleged fraud of the trader have made me cautious.
    The minimum investment for FX-TRADING is $100, which is low compared to most other traders. But the lack of supervision of the company and the comments about the alleged fraud of the trader have made me cautious.
    Translate to English
    2024-07-03 16:03
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    小雨78715
    more than one year
    FX-TRADING is an outright liar company. I was cheated of thousands of dollars, and I have not recovered it so far. Is it still possible for me to recover my funds?
    FX-TRADING is an outright liar company. I was cheated of thousands of dollars, and I have not recovered it so far. Is it still possible for me to recover my funds?
    Translate to English
    2023-02-28 14:05
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    0
    0
    9