https://www.fxclearing.com/ (FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.


Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Fxclearing.com Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

Bot3000 Level – This level will require a $3000 investment to join. Bot1000 Level – This level will require a $1000 investment to join. The only thing that you can do to gain access to the system and opportunity for certificate and training is when you make an investment and become an affiliate member. FXTrading is basically an MLM opportunity that you can earn money with. We wouldn’t want to join a company just to find out later on that it was not legitimate and we end up losing all the time and money we spent on it. These tips may help to ensure that your assets will not totally be wiped out even if one of your broker goes bankrupt, or commits fraud. The commodities broker was found to be in breach of several regulations at various points in time by the authorities, but clearly not enough was done to ensure future compliance through tighter oversight and enforced regulation. The summary judgment should clear the way for the court-appointed receiver to start returning some of the victims’ money. In addition to the prison time, Miller yesterday ordered Baere to pay $600,000 in restitution. Baere admitted to prosecutors in June that he misled hundreds of investors, but he said yesterday through his lawyer that he was unaware that the fund was bogus and that Matthews was making off with clients’ money.

1st Level – The first level of your unilevel compensation plan will only have your personally referred members on it. When dealing with referral commissions there are a few ways that you can earn commissions. In this section of the review, we are going to break down how the compensation plan works and how you get paid with FXTrading Corp. When dealing with an MLM company, you need to offer retail sales according to the FTC compliance guidelines. In this section of the review, we are going to take a look at the products that FX Trading Corp offers. You get some type of certification from the company at the end, of the training that the company offers, but not sure how you will be able to use it. We are going to dig into the information on the company, the products, and the compensation plan to get an overall look to see if the company is at least in compliance with the laws. One of the first things that we need to figure out is if the program that we want to make money with is a scam or not. Next, using leverage at any unsustainable level is not a sensible practice.

Is FX Trading Corp Accredited With The BBB?

You may have already heard about forex scams that are littering the forex world. One of the first things you must learn about the forex market is that although it is enjoyable and exciting, there is no magic button that will instantly turn your pennies into millions of dollars. They recently even erased my accounts, which still are worth $800. My FX accounts were on a payment plan of 400% in 200 days, before the days ended, it has turned to 100% after being half paid 50%. Am so stuck, how can I troubleshoot this problem to go back to my 400% payment plan. Make sure to click on the social share buttons on this review and share it with others so that people can learn all about what the FX Trading Corp opportunity is really all about. We have taken the time to review the information on the company, the products, and the compensation plan. If you have any experience in trading or investing in the Forex or Crypto market, you will know how volatile it is. You can join the FX Trading Corp opportunity for free with limited access to the opportunity and what FXTrading Corp offers.
Schemes, scams, frauds
Star 2 Rank – When you generate a total of at least $4000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 2 levels of your unilevel pay plan. Prosecutors said the two solicited clients with fraudulent claims of high annual returns on these currency trading accounts and falsely told investors their funds were insured and held in trust with a bank. Reported as a pyramid scheme by the National Bureau of Investigation in 2012, Aman Futures reportedly duped about 15, 000 people in Visayas and Mindanao of about 12-billion pesos of their hard-earned cash. It was centered around commodities-trading investments and promised an 80-percent return to investors within 20 days.

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They told investors that they could obtain returns of 3%-6% per month and sent bogus monthly account statements that showed consistent profits. It then assigns trades to particular accounts to create a desired pattern of profits and losses. They encourage such high commissions by financially rewarding account executives based only on the volume of options purchased, and by discouraging or prohibiting the purchase of more expensive options. The paramount goal of the sales operation is to maximize commission income by maximizing the number of options purchased by customers and by misrepresenting the profit potential of the options purchased for customers. Fraudulent currency trading firms often tell customers that their trading is done in the “interbank market” on your behalf. At this point, Frank will have more incentive to put in more money and, as word begins to spread, other investors grab the “opportunity” to participate, leading to a cascade effect because of the promise of extraordinary returns. Forex trading is very risky & that’s the main reason why we have our Free forex trading seminar available to any individual who wants to learn how this business works. 1 on 1 training with all of our client is also provided to make sure that they fully understand what they are getting involved with. I agree it seems crazy to shoot for small profits and risk giant unlimited losses.

Offered in three, five, and six-year terms, the group’s double-your-money schemes promised a 100-percent yield through rural banks that were affiliated with the Legacy Group. In this scheme, the deposits would yield 100 percent after three to six years. It was offered in all rural banks affiliated with the Legacy Group. The scheme lasted from March to July, and many investors re-invested after earning back their initial deposits. In fact, the company raised over $20 million in only a few months. But after a media report that encouraged investors to withdraw their money, the scheme collapsed. You can choose from thousands forex scam of CFD Trading companies online, however people usually invest with one of the best brokerslisted here. They are licensed and regulated in many countries, including Philippines, Canada and United Kingdom, read more. If you have fallen victim to any of these blacklisted brands our fund recovery specialists at PayBack ltd can help you with forex scam recovery, binary options recovery scam, and crypto scam recovery. This makes it easier for conniving companies and scheming individuals to mislead people into thinking that making money trading forex is as easy as clicking a button with their “End of the Rainbow” system.

For his crimes, Kim was slapped with a permanent ban from trading in cryptocurrency and soliciting funds, will now have to serve 15 months in prison and pay out over $1.1 million. Korean-born Philippines-native Joseph Kim solicited massive amounts of cash from several investors under the promises of sizeable returns with a “low-risk virtual currency arbitrage strategy”. All investments https://www.fxclearing.com/ carry a risk and most countries do not allow licensed investment advisers to advise investors otherwise. No Licence – most countries will require anyone offering investments to be licensed. The fraudster will request for personal information such as bank account details and then request that you pay an advance fee before they deposit your prize money into a bank account.

  • He also admitted that in order to conceal the theft, he made “Ponzi” payments using other investors’ funds and provided his investors with altered account statements.
  • And among the victims were twenty-one police officers and two fire officers, who filed syndicated estafa charges against the company.
  • In this section of the review, we are going to take a look at the products that FX Trading Corp offers.
  • At the time of its collapse in 2005, Refco, a New York commodity broker catering to forex traders, had about $4 billion in client assets, with liabilities reaching upwards of $75 billion.

You, or someone you know, may have seen or received an email or a phone call to invest in a product or property and to send money to secure your success. If the person who started this thread has their issue resolved, this whole thread will be marked as resolved. If you are having a serious problem with a company, you should open your own thread in Scam Alerts and give details. We did WARNED all of you on the JJPTR company before but No One Listened until the SEC released it’s official advisory. IMoney.ph is a leading financial comparison website and a trusted personal finance authority to help you make the most out of your money. Emgoldex used social media, particularly Facebook, for marketing and recruitment. And many of their victims were typically young or working overseas. Aman Future’s founder got out of prison in 2014 and, to this day, has not been extradited back to the Philippines after the Malaysian Department of Foreign Affairs declined the country’s request for extradition. Depending on your country of residence, determines which regulator the broker answers too. If a software or person opened your account for you, they can access to your account.

We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky

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