FXL: customer reviews of the company’s performance in 2023
FXL: assessment of safety and professionalism
FXL positions itself as a reliable and convenient platform for earning money, suitable for both experienced traders and beginner crypto enthusiasts. Despite the claimed number of users and presence in 100+ countries, reviews about the company are just starting to appear. Let’s figure out the reason for this.
Verification: facts vs. legend
At first glance, FXL appears to be a serious company focused on creating a modern ecosystem for trading various assets. However, it is important to pay attention to the available information before drawing conclusions. There is no information about the timeframe for providing services and development plans.
We conducted a check of the domain name fxl-trade.com via the WHOIS service and found that the site has been active since November of last year, which may explain the recent emergence of reviews.
Users complain about the quality of customer service and the lack of contact information, which is only available via email. Information from the reviews indicates attempts by scammers to collect traders’ personal data for resale and use in fraudulent schemes.
Licenses and regulation
It is important to note that on the FXL platform there are no legal documents confirming the legality of the company’s activities. The provided legal address in the Marshall Islands is dubious and associated with other suspicious pseudo-brokers.
A check revealed that FXL is not registered anywhere except under names of organizations that are already closed. Reviews on Russian-speaking forums point to active promotion of the broker’s services in CIS countries without the necessary licenses.
Conditions and scam schemes
FXL does not provide complete information about tariff plans, but it is known that the platform offers:
- 400+ types of assets
- Opportunities for various types of trading
- Absence of hidden fees
- Execution of trades without delays
User reviews indicate difficulties with withdrawing funds, as well as attempts at deception by fraudsters, leaving investors without their deposits.
Food for thought
There are still few reviews about FXL, but their number is gradually increasing. By reading comments from real clients, you can learn more about the existing fraud schemes and decide on your future actions. Share your opinion about the company – it can help protect the capital of other potential clients.
Conclusion
It is not recommended to trust your money to FXL. An independent check has shown that the company is engaged in deception, operating without the necessary regulatory documents. We advise you to consider other brokers with a more transparent reputation.