Is BitCloudFXPro a Legitimate or a Scam Broker?
BitCloudFXPro has adopted a name that makes it sound like they have it all. However, they may not offer anything–at least when it comes to trading. Although BitCloudFXPro claims that it lets its customers trade cryptocurrencies and forex, their customers are more likely to lose everything than win big. One leading indicator is that it’s been flagged by the FCA, the Financial Conduct Authority of the UK.
We Have Found Problems with BitCloudFXPro
The FCA has called out BitCloudFXPro for several reasons. First, this fake broker has no license. This is a problem because the lack of a license provides no oversight to customers and no protections in case of something goes wrong with a broker. In addition, it’s been flagged for making misleading statements and engaging in questionable activities. We don’t recommend trading with any broker that has been flagged or has no license.
These Classic Red Flags Indicate BitCloudFXPro May Be a Broker Scam
- No license
- No transparency
- Misleading claims
- Flagged by FCA
- Negative reviews
What You Should Do If You Have an Account with BitCloudFXPro
If you currently hold an account with BitCloudFXPro, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!