User got trapped in the Honeytrap

On 17 December, 2023 a complainant wrote to Wikifx “a girl named Alyssa Chen and her sister Chen Xiaojing my first chat started with them. They use the Hong Kong number on WhatsApp, in the logo they told me about trading and taught me about it.”

This is the complaint of Fx Corp. user from India who trapped in the honeytrap of Fx Corp . He said, “scammer sent me a link to Fx Corp. said this is the company website, create your ID there, company email ID, support@corpfxltd.com and right here is the company website.” “The scammer told me about OKX then I downloaded the OKX application first time I bought 3000 USD then after that I bought 6000 USD then after that scammer told me about Fx Corp. link or TCR20 BLOCKCHAIN from 98 USD Shared IP address of.” Victim added.

User stated “I have also deposited USD 6 times in OKX through Fx Corp. but I got more amount and more profit, the scammer has charged huge fees and international tax, Money laundering law, and other charges, and because of the scammer, I have also transferred USDT from OK, so that I can help you, but never got full help, all my money was eaten by the scammer, 16 lakh rupees”

About FXCorp

FX Corp is an Australia-based company founded in 2020 that specializes in trading services. Although unregulated, it offers a low minimum deposit of $1 and provides competitive leverage of up to 1:400 with spreads starting from zero. The firm offers various trading platforms including the FX Corp APP and a web trade platform, catering to the needs of traders looking to invest in currency pairs, indices, commodities, and CFDs.

Customers can choose between Prime and ECN account types, and there's also an option for a demo account for those wanting to practice their trading skills. For support, they provide phone and email customer services, and transactions can be made through bank transfers or credit/debit cards. Furthermore, FX Corp furnishes its users with educational resources like news and analysis and a financial calendar.

Review

When we searched for FX Corp. on Wikifx, We found that its a non-licensed broker. The score is very low, at 1.08 out of 10. Wikifx also issued a warning by stating,

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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