Scam brokers try to deceive traders and present the desired as real. Cooperation with fake companies, according to reviews, can lead to the loss of funds, especially in the case of Fxecnbroker.
What is known about Fxecnbroker: a brief overview of facts
The company’s admins claim that Fxecnbroker offers competitive trading conditions, guarantees the safety and stability of trading, but it’s better not to deal with this organization. The website fxecnbroker.com, based on multiple signs, seems to be another attempt at deception.
According to the legend, Fxecnbroker has been operating since 2012 and has received numerous prestigious awards, although there is no evidence of this.
It has been discovered that the project started recently, despite claims of long-term activity. Checking the domain name revealed that it used to be LQDFX, and now it’s Fxecnbroker, which could indicate a reincarnation of an old scam.
The Fxecnbroker website is similar to other scam sites targeting traders. The site interface is available in English and Russian, and scammers insist on cryptocurrency transfers to maintain anonymity.
Review of Fxecnbroker’s legal documents: regulation and licenses
Fxecnbroker claims to care about protecting clients’ funds and is a member of The Financial Commission, but this may not be true. The broker is not regulated, lacks licenses, and its office in the UK is likely fictitious.
The managing company IC FXECNBROKER is registered in Saint Vincent and the Grenadines, an offshore jurisdiction where scammers operate with impunity.
Registration on the Fxecnbroker website in detail: overview of the procedure
The registration process on the website is simple but requires verification, which can be risky given the company’s dubious reputation.
When filling out the form, personal information is required, and you need to choose an account type (Micro, Standard, or Premium).
What are the trading conditions on fxecnbroker.com?
The system is completely anonymous, the spread is not specified, and the minimum losses amount to 500 euros. Trading is offered on the outdated MT4 platform, and there are no demo accounts available.
Reviews from former clients of Fxecnbroker
Despite the limited number of reviews about the company, existing feedback often points to fraudulent schemes and deception by Fxecnbroker employees.
Overview of the Fxecnbroker scam scheme
The company Fxecnbroker has extensive experience in deceiving traders, promising fantastic returns but actually trying to deceive clients and lead them into a debt trap.
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Summary of the Fxecnbroker review
It is not recommended to collaborate with Fxecnbroker. The organization lacks registration, licenses, and real offices. Fxecnbroker’s legal documents are designed to deceive traders.
