Front x Trend: Warning about Financial Risks
What dangers does cooperation with the brokerage firm Front x Trend pose? This is a question that requires close examination. At first glance, the company appears to be a long-standing entity with a positive reputation, however, reality may prove otherwise. Independent platforms where investors express their opinions do not hold such a favorable view on the broker’s operations. Let’s explore the main aspects of their activities.
Analysis of Whois Registration Data
Despite the claimed London headquarters address and licensing in offshore regions, Front x Trend gives the impression of being an unserious organization. The company’s website is entirely in Russian without the ability to translate into other languages.
The website leaves a rather simplistic impression, indicating a low level of investment in its development. According to specialized services, the platform is valued at only 4 rubles! Parameters of the company Front x Trend, as per the website, indicate a 12-year experience in operation. However, there is a lack of documentary evidence of the broker’s official status and professionalism. Checking the registration data of the website through Whois shows that the information about the company’s operational tenure is a myth. In reality, scammers only began their operations in 2021, as reflected in recent trader reviews left after the platform’s launch.
Contact information is only provided through a feedback form and an email address, which may serve as a trap for scammers whose aim is to gather personal information. The claim of having a Telegram channel is also not substantiated by links on the broker’s official website. The company has not equipped itself with its own call center or online chat for customer support.
Legal Documentation Structure
Questions about legal transparency at Front x Trend remain unanswered. The company lists its headquarters address in London on Cheyne Walk Chelsea, SW3 5HH, the coordinates of which are confirmed on Google Maps, but in reality, it is a residential building at the indicated location.
The broker’s website lacks information about the managing company, and internal documents are only represented by a Privacy Policy regulating cookie usage. There is no client agreement, raising questions about contract agreements during registration.
As per the information on the website, Front x Trend holds a license in Belize (IFSC). Checking the document under the number №000138/210 confirmed its authenticity, however, in reality, the permission belongs to the company Roboforex LTD. Scammers utilized these details to conceal their activities.
Front x Trend’s operations in the Russian market have not yet come under close scrutiny by Roskomnadzor as fraudulent. However, considering the feedback and signs of a scam project, the company’s website may be blocked in the near future. The absence of a license from the Central Bank of Russia underlines the lack of guarantees in case of financial problems.
Trading Offers at Front x Trend
Front x Trend attracts traders with wide-ranging bonus offers, including a promise of $200 upon opening an account. However, the company remains silent about the terms of usage and wagering of bonuses, as well as the risks associated with such practices.
The broker does not provide demo accounts for practice. Users are faced with various types of accounts immediately after registering on the platform:
- “Basic”. Initial deposit – $100. The contract grants access to all assets, analytical tools, educational courses, and spreads starting from zero points.
- “Gold”. Balance from $300. Different from “Basic” with the ability to trade alongside experienced traders.
- “Premium”. Minimum deposit – $1,000. Additional benefits include a monthly trading portfolio, accelerated fund withdrawals, and new investment models.
Front x Trend prefers not to disclose details about its trading conditions, providing insufficient information for making an informed decision. Specifics about contracts, leverage, spreads, and other financial parameters are absent.
Factual Insights from Real Reviews
Attempts by Front x Trend to create a favorable image through positive reviews on their own website do not mask the negative aspect expressed on other platforms. Real clients have begun sharing their negative experiences:
Front x Trend Portal Fraud Scheme
The deception model of Front x Trend has long been known: low entry barrier and bonus promises. The controlled terminal creates an illusion of successful trades, pushing traders towards new investments.
The system is designed to attract novices and direct funds in only one direction. Once scammers stop earning from your participation, they lose interest and go silent, blocking access to your account. The next step is attempting to deceive for additional payments. This is indicated by real user reviews.
Final Thoughts on Front x Trend
Engaging with the company Front x Trend may lead to significant disappointment. It is a fraudulent structure utilizing dishonest methods, including license and managing company falsification. According to client feedback, the only dilemma is the time it will take for you to understand the operators’ manipulations before your capital vanishes inexplicably. Protect your funds and avoid such schemes!
