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Quantity 11
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Regulatory Index0.00
Business Index5.27
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
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Company Name
Estrategias Comerciales Pallay
Company Abbreviation
FXTRATEGY
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
I can't recover the investment from the fxtrategy platform.
I want to get back my money invested, it is more than 5 thousand dollars. Until now, they have not made the transfer to my account and not called or answered.
It's been two months since I had my nightmare with this one called Fxtradegy that has taken more than 5 thousand dollars from my accounts without my consent, saying that it would double or more my carrier accounts. Can you help me get my money back because I'm in debt?
Hello, my name is Mónica Muñoz Hernández and unfortunately I fell into this bad investment, I don't know how one gets carried away by these sites without first verifying, but unfortunately I fell and decided not to continue, the only thing I want is to recover the initial investment and know if I have penalties or something else that I should worry about in the long term, the truth is I am very distressed, my deposit was $4,000 pesos
They don't want to make the transfer to my account. They took more than 5 thousand dollars from me. Now they don't call or answer.
It's been 7 months and I still haven't been able to withdraw my funds from FXTRATEGY, they are 3,000 USD, and the ones I have on the platform are like $150,000mxn
Help! I just got scammed by a bunch of people posing as advertisers who help boost merchant reviews and sales. I have an amount of money in the apps that I cannot withdraw and they ask me for more and more money to be able to withdraw the money I have in the apps. Here I attach the evidence!
Good afternoon, my name is Guillermina Rodriguez Chavez. I am Mexican and I live in the State of Morelos. On Tuesday, October 17, 2023, I received a call to invite me to invest in the PEMEX platform and I was asked to deposit the amount of $4,000. 00 in Banco de destino STP, account code: 646010387801635851. And they told me to put my name as beneficiary, with the concept of payment: Inversión PEMEX Once I did it, I became very suspicious and I started to investigate. I saw many frauds with this name (FXTRATEGY). They have called me, after the deposit they asked me to send them my proof of address and my ID to validate and they also asked me to download an application called ANYDESK or another one called TEAMVIEWER, I know that these applications are to see all the information that is on your phone or computer, so I did not do it, I was afraid. That is why I turn to you to see if you can help me to recover my investment, thank you very much, I attach some evidence and proof of deposit.
It arrived in my email that I must deposit the sum of 459 dollars in my accounts to Banco América in three days, I doubt that it is true
They no longer call from the fxtrategy company, they have scammed me with more than 5 thousand dollars. They do not want to make the transfer to my account. I ask you to help me recover my invested money back.
| FXTRATEGY Review Summary | |
| Company Name | Estrategias Comerciales Pallay |
| Registered Country/Region | United States |
| Regulation | Non-regulated |
| Market Instruments | Stocks, Cryptocurrencies, Forex Exchange, Commodities, Indices, ETFs, Bonds |
| Demo Account | N/A |
| Leverage | N/A |
| Spread | N/A |
| Commission | No Subscription Fees |
| Trading Platforms | Sirix (Web trader) |
| Minimum Deposit | N/A |
| Regional Restrictions | Do Not Support Users of European Union and the United States |
| Customer Support | WhatsApp: +52 1 55 1291 2586 |
| Company Address | S.A. de C.V. Florencia 57, Juarez, C.P. 06600 |
FXTRATEGY is a trading service provided by the company Estrategias Comerciales Pallay. While the company is registered in the United States, it is important to note that it is currently not regulated by any financial authority or agency.
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No Subscription Fees Charged: FXTRATEGY doesn't charge any fees for subscription, which can reduce the initial costs for traders.
Non-regulated: FXTRATEGY is currently non-regulated, which indicates that it does not adhere to the strict standards and regulations inflicted by financial regulatory authorities. This could pose potential risks for investors as they would have limited protections.
Regional Restrictions on European Union and the United States: FXTRATEGY does not support users from the European Union and United States. This limits the demographics that can access and use their trading services.
Very Limited Customer Support: Limited customer support availability can lead to delayed responses and inefficient problem-solving.
Many Negative Customer Reviews: The presence of several negative customer reviews often suggests dissatisfaction with the services provided, which potential new users should also consider.
Regulatory Sight: FXTRATEGY is currently non-regulated. This means the company is not supervised by any financial regulatory authority. Users should be cautious as non-regulated platforms may not adhere to the strict standards set by financial regulators and may offer fewer protections for investors. It's advisable for traders to fully understand the risks and terms before engaging with non-regulated platforms.
User Feedback: From the user feedback, a prevailing issue seems to be difficulties in withdrawing funds from FXTRATEGY. Users claim they invested significant sums of money but were unable to recover their principal investment. Cases of unauthorized withdrawals that left users in debt have also been reported. Some users also indicated that the platform became unresponsive after deposits were made, ceasing calls and failing to provide assistance. Some users feel they were induced into fraudulent activity, noting unexpected demands for additional deposits. Multiple appeals for assistance in recovering invested money were made.
Security Measures: So far we haven't found any information about the security measures for this broker.
FXTRATEGY offers a broad range of market instruments across more than 200 countries in the world's major financial markets. These instruments include:
Stocks: FXTRATEGY offers opportunities for medium and long-term investments in the stock market. The value of these stocks can be affected by various events such as earnings reports, new product launches, or changes in competitor stock prices.
Foreign Exchange: They also offer opportunities in the forex market, where investors speculate on the changing values of various currency pairs. Further details aren't provided, but this typically involves short-term trading strategies.
Indices: Investors on FXTRATEGY can also participate in trading indices. These typically feature a basket of different stocks representing a particular segment of the market. Specific details about the available indices aren't provided.
Bonds: Bonds, considered as one of the safer investment options, are also available on FXTRATEGY. These involve lending money to a corporation or government for a fixed period in exchange for regular interest payments.
Cryptocurrencies: FXTRATEGY provides opportunities for trading in the volatile cryptocurrency market. Detailed information about which cryptocurrencies are available isn't provided.
Commodities: The platform also allows for trading in commodities, which can include physical assets like gold, oil, or agricultural products.
ETFs: Exchange-Traded Funds, which are investment funds traded on stock exchanges, are also offered. ETFs generally aim to track the performance of specific indices, sectors, or commodities.
FXTRATEGY states that they do not charge any subscription fees, meaning users can register and subscribe to their services free of charge. However, the platform does not provide detailed information on other possible charges. This could include transaction fees, withdrawal fees, or inactivity fees, often termed as hidden fees. Therefore, its important for users to inquire directly or read through all the terms and conditions to understand the full cost structure before starting trading.
FXTRATEGY uses the Sirix Web Trader platform for its trading services. Sirix is renowned for its user-friendly, intuitive, and secure design, enabling a smooth trading experience for users.
As a web-based platform, Sirix does not require any software downloads, making it highly accessible. Users can operate their trading activities using their smartphone, computer, or tablet from any location, and they can invest in all the major markets globally with just a single click. The platform is compatible with both macOS and Windows, further enhancing its accessibility.
In terms of functionality, Sirix is comprehensive and focuses on maximizing usability for traders. It offers accurate currency conversions and is said to possess a high level of security to protect users' investments and data. This combination of functionality, convenience, and security has made Sirix a preferred platform choice for thousands of users around the world. However, users should familiarize themselves with the platform's features to ensure they can effectively leverage its tools and functions for their trading activities.
FXTRATEGY, provided by Estrategias Comerciales Pallay, operates as a non-regulated trading platform registered in the United States. It offers a variety of market instruments via the user-friendly Sirix platform, but some major concerns raised by users include difficulties in withdrawing funds and limited customer support. Also, it operates restrictions for users from the European Union and the United States, limiting its accessibility. We do not recommend users to trade with this broker.
Q: Is FXTRATEGY regulated by any financial authority？
A: No, FXTRATEGY is not currently regulated by any financial authority or agency.
Q: Does FXTRATEGY charge subscription fees？
A: No, according to the information provided, FXTRATEGY does not charge any subscription fees.
Q: What trading platform does FXTRATEGY use？
A: FXTRATEGY uses the Sirix Web Trader platform for its trading services.
Q: Are there any regional restrictions for using FXTRATEGY？
A: Yes, FXTRATEGY does not support users from the European Union and United States.
Q: Is it safe to trade with FXTRATEGY？
A: No, it is not very safe. With a non-regulated status and several issues reported by users, we can say this broker is not an ideal choice considering security.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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