Caution! FXanalytictrade is an offshore company! Your funds may be at risk.
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FXanalytictrade Key Facts
🔴 FXanalytictrade offers questionable investment opportunities – a clear sign of a scam!
🔴 FXanalytictrade provides fake contact information – beware!
🔴 FXanalytictrade lacks a license for the provision of its services – a huge red flag!
🔴 FXanalytictrade’s domain has been registered only recently – another off-putting detail!
FXanalytictrade products and services
FXanalytictrade is another in a long line of scams that operate by having their victims invest under false promises of high returns – in the case of FXanalytictrade, these promises include profit rates of upwards of 30% daily. It is not possible for it to achieve such rates at all – FXanalytictrade is not even trying to, as it seeks only to pocket your deposits.
People should always be cautious when dealing with businesses offering enormously high yields because it’s scammers’ trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it’s a scam, so beware.
FXanalytictrade company and regulation
FXanalytictrade is not a licensed company – and it does not claim to be one either, but this eagerness to operate outside of the bounds of the law is quite troublesome.
The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.
While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to.
Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.
FXanalytictrade address and contacts
FXanalytictrade provides an address line that other scammers have tried to pass as their own in the past – this line is 3031 Tischway Ste 80 San Jose CA 95128 and needless to say, you cannot reach FXanalytictrade on it. The other scammers, reviewed by us are available below:
Transparency is crucial when talking about brokers and investment companies, and it’s part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it’s generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company’s legitimacy.
FXanalytictrade website info
FXanalytictrade operates on a website that has been around for around a month, having been registered towards the end of January 2021. Such recent and unpopular domains are often the sign of a scam – and we can firmly claim that FXanalytictrade is not popular, since SimilarWeb does not even list it. The domain is hosted on an IP address that is painfully known to us – 184.108.40.206. There are over 29 other domains there, most of which are scammers. The ones we have reviewed can be found below.
We should also mention that the owners of the domain are not available to WhoIs lookups, which is another way in which they fail to live up to the standards of transparency we have outlined above.
We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority.
However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.
Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.
I want to get out my profit of the platform that I invest the company,, also I want to refund all I invest in this platform,, happen to me.. I would be truth all gonna paid a payment and also the upgrade,, I’m here to help me to cash out my profit regards on happened.. So that I didn’t receive all my profit , that I requested for withdrawals , a manager can take an action for this to refund all I invest,, in your company.. I am a poor person but you can’t be promise your being talk.. that today is my successful cashout. But literally happen what’s wrong ?? Help me and the government finance me ,, to cashout all profit.