FXDEAL ONLINE Review

FXDEAL ONLINE

Warning Investors FXDEAL ONLINE

Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.) Registration of issuance, offer, or sale of securities/derivatives, and reporting requirements.

Introduction To:

FXDEAL ONLINE is an online trading platform that offers forex and CFD trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies. The broker claims to provide competitive spreads, fast execution, advanced trading tools, and professional customer support. However, the broker is not authorized by the Financial Conduct Authority (FCA), the UK’s financial regulator, and has been flagged by the FCA as a potential scam.

Regulation and Compliance Of:

According to the FCA’s website, FXDEAL ONLINE is not licensed or registered to provide financial services or products in the UK. The FCA has also warned that FXDEAL ONLINE may be involved in fraudulent or manipulative practices, such as insider dealing, market manipulation, misrepresentation of material information, or failure to comply with the registration of issuance, offer or sale of securities/derivatives, and reporting requirements. The FCA advises investors to avoid dealing with FXDEAL ONLINE and to report any suspicious activity to them.

Customer Support Offered:

FXDEAL ONLINE claims to offer 24/7 customer support via phone, email, live chat, and social media. However, many customers have reported that the broker is unresponsive, rude, or misleading. Some customers have also complained that the broker has refused to process their withdrawal requests, closed their accounts without explanation, or pressured them to deposit more money. The broker does not provide any physical address or company information on its website, which makes it difficult to contact or verify its legitimacy.

Customer Reviews Of:

FXDEAL ONLINE has received mostly negative reviews from customers on various online platforms, such as Trustpilot, Forex Peace Army, and Scam Broker Investigator. The majority of customers have rated the broker as a scam or a fraud and have shared their experiences of losing money or being scammed by the broker. Some customers have also warned others not to trade with FXDEAL ONLINE and to stay away from it.

Measures to Avoid Fraud Brokerages:

To avoid falling victim to fraud brokerages like FXDEAL ONLINE, investors should always check the regulatory status of the broker before opening an account or depositing any money. They should also verify the broker’s reputation by reading customer reviews and feedback on reputable websites. Moreover, they should be wary of any unrealistic or misleading offers or promises made by the broker, such as high returns, low risks, or bonuses. They should also never share their personal or financial information with the broker without proper verification. Finally, they should always report any suspicious or illegal activity to the relevant authorities.

Conclusion:

FXDEAL ONLINE is a forex and CFD broker that is not regulated by the FCA and has been warned by the FCA for engaging in fraudulent or manipulative practices. The broker has also received many negative reviews from customers who have lost money or been scammed by it. Therefore, investors should avoid trading with FXDEAL ONLINE and choose a reliable and regulated broker instead.


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