FC-e: reviews and overview of the brokerage organization
Reviews and Characteristics of the FC-e Broker
More than 40,000 traders have already chosen FC-e for its low spreads, absence of requotes, and reduced swaps. Despite claims of 5 years of experience in financial markets, there are currently no reviews of this broker online. Our review includes analysis of the company’s legal documents and website, as well as consideration of the commercial offer.
FC-e Website: Key Metrics
- Project Launch Date: 2018,
- Daily Turnover: $83 million,
- Active Users: 37,300 people,
- Transactions Daily: 341,720 operations.
However, a Whois check revealed contradictory results, uncovering details of FC-e’s past life. The domain was registered in 2013, owned by a private individual who used to sell on eBay. The contact details include an address in Limassol, a phone number, and a fake email.
The same phone number is used by the scam broker DepositoLogy, which has garnered several negative reviews. The websites of both companies are practically identical, with a few differences.
Licensing Status: Verification and Conclusions
FC-e claims to have licenses from the Cyprus Commission, the Mauritius Commission, and IFSC, but in reality lacks regulatory documents and operates against the law, as evidenced by absence in EGRUL and the Central Bank of Russia.
Internal documents defining the rights and obligations of the parties in a transaction are missing. Potential investors are vulnerable to speculations and may face financial losses without the possibility of recovering funds.
Rates and Cooperation Terms
FC-e offers three types of accounts: “Zero,” “Standard,” “VIP-Trader.” They differ in minimum deposit, terms, and offers. Despite the absence of reviews on fund withdrawals from the platform, the broker’s operation scheme raises serious doubts.
Traders’ Experience and Fraud Scheme Features
Users are wary of collaborating with FC-e and fear losing their funds. The company attempts to lure traders into its network by making false promises of stable profits.
The company uses a unique terminal to manage clients’ finances, engaging in manipulative and dishonest activities. Upon detecting suspicious actions, FC-e will cut ties with the client and accuse them of fraud, with no possibility of fund return. The contract will be terminated without warning.
Conclusion
While reviews about FC-e remain ambiguous, the risk of falling into a scam trap remains high. It is essential to stay vigilant and avoid such offers to prevent becoming a victim of a fraudulent company.