Score

1.45 /10
Danger

FCG Market

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.50

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FCG Market · Company summary

Note: FCG Market's official website: https://fcgmarket.com/is currently inaccessible normally.

FCG Market Information

FCG Market is an unregulated brokerage company registered in China. This firm offers trading opportunities in forex, precious metals and CFDs. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

FCG Market Information
FCG Market Information
FCG Market Information

Is FCG Market Legit?

FCG Market currently does not hold any valid regulatory certificates. Although it is incorporated in China, it lacks regulation from any recognized financial authority.

Is FCG Market Legit?

Downsides of FCG Market

  • Unavailable Website

FCG Market's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

  • Lack of Transparency

There is a notable lack of information about FCG Market available online. This lack of transparency can really dampen investors' enthusiasm.

  • Regulatory Concerns

FCG Market is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Market Instruments

FCG Market gives you plenty of options for investing. Depending on your goals and risk tolerance, you can invest in:

  • Forex: USD, EUR, GBP, JPY, AUD, CAD, CHF, and other direct and cross currency pairs.
  • Precious Metals: Gold and silver with leverage ratios ranging from 50:1 to 200:1.
  • CFDs: US, European, and other major stock indices as well as various types of crude oil and related products.

There's no cryptocurrency trading or ETFs trading. But overall, you still have a good mix of trading options.

Market Instruments

Negative FCG Market Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative FCG Market Reviews on WikiFX

As of now, there is one piece of FCG Market exposure in total.

Exposure 1. Useless customer support and terrible trading conditions

ClassificationOthers (Terrible trading conditions)
DateMarch 13, 2023
Post CountryNetherlands

The user said he was disappointed about their useless customer support and terrible trading conditions. You may visit: https://www.wikifx.com/en/comments/detail/Co202303131231746429.html

Conclusion

Trading with FCG Market may undermine security as they have no valid regulatory certificates. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investments. When comparing brokerages, keep the potential risks firmly in mind.

User Reviews

More

User comment

1

Comments

Write a review

谭文
more than one year
I really disappointed about their useless customer support and terrible trading conditions. I cannot understand why it can exist for more than two years! Happy to see that it was shut down. My losses here are tuition fees.
I really disappointed about their useless customer support and terrible trading conditions. I cannot understand why it can exist for more than two years! Happy to see that it was shut down. My losses here are tuition fees.
Translate to English
2023-03-13 11:39
Reply
0
0