Review of FPC Trade: Analysis of Legal Framework and Trading Conditions
The company FPC Trade, presenting itself as a hero of the investment market, comes to the forefront with the slogan of a new development vector. When you open the company’s website, you will come across an unusual story – the company began its activities in 2021 but has already gained momentum. How true is this? Let’s delve into the details.
Are the words of FPC Trade honest?
Upon verification, it became clear that the domain fpc-trade.org was activated on March 23, 2023. Despite its short period of existence, the broker is actively advertised and already has negative reviews. User problems include not only trading and fund withdrawals but also support issues. The fake email for contact is just a small part of the deception.
Company’s Legal Framework
The firm cannot provide legal documents for legitimate actions. The address in Saint Vincent and the Grenadines listed on the website is nothing more than a loophole in legislation. The regulator, Financial Services Authority, has registered many fictitious companies, and FPC Trade is no exception. Regulators from CIS countries also do not recognize the company.
Trading Conditions and Financial Instruments
The company offers five tariff plans with different deposits. Spreads, variety of assets, leverage, advisor and indicator base, payment methods – all are included in the trading conditions. Despite promises of fast fund withdrawals, many reviews confirm that the reality is different.
What Do Real Users Say?
Reviews of FPC Trade already contain negative information. The company does not fulfill its obligations and adheres to a strategy of zeroing clients’ balances. This is just the beginning.
Methods of Deceiving Novices
Scammers use the UTIP terminal to fake trades and create the illusion of successful trading. However, their true intentions become clear when traders want to withdraw their funds. That’s when the circus of refusals and account blockages begins.
Final Opinion
The company FPC Trade presents itself as a reliable trading platform, but the reality is much darker. Both beginners and experienced traders face problems with fund withdrawals and deception. Not everyone will be able to recover their investments. Trusting only professionals in the field of payment recovery may be the last chance for salvation.
I am thoroughly disappointed with my experience dealing with FPC Trade. The service was beyond subpar, with serious delays in responses from customer support. Their lack of transparency was both frustrating and alarming – raising serious red flag. In addition, their platform had regular technical glitches which significantly impacted my trading activities. Also, they promise low spreads but in reality, they were considerately higher. Promises of smooth, seamless transactions turned out to be largely empty as I encountered issue after issue. Avoid FPC Trade and instead consider a broker that provides the professionalism and reliability you deserve.