Is it worth getting involved with FX Cartel: project review with feedback
Review of the FX Cartel service: a project exploration with reviews
FX Cartel positions itself as an international club of traders specializing in the development of professional trading in financial markets and investing. Founded in 2011, this club has around 80,000 active users. However, before registering on this platform, it is worth carefully studying all aspects of the services offered.
Roots and Reality of FX Cartel
The FX Cartel website, launched in 2013, provides information about the club, its history, and contains analytical materials, educational courses, and a blog. The project is led by Ivan Kroshny, who advocates the idea of accessibility of trading and mentions collaboration with Alexander Gerchik in creating the brokerage company Gerchik & Co. However, according to trader reviews, this company is considered dishonest and suspected of fraud and violations.
Regarding regulation and licensing, as an international club of traders, FX Cartel is not a broker requiring the appropriate regulator’s permissions. The organization provides consulting services and educational programs for traders for a certain fee. It is important to note that the company GTM EXCHANGE LTD, which owns FX Cartel, is registered in Cyprus with the specified legal address.
Offers from FX Cartel
FX Cartel offers a Russian-language website, as well as free educational sessions in Moscow. The club offers various types of club cards: Standart, Gold, and VIP, each providing specific privileges and discounts. The company also has an office in Kyiv and actively recruits staff for sales and management.
It is important to note that FX Cartel may offer additional educational courses for an additional fee and aims to attract clients to use their services. However, many user reviews indicate dishonest practices and potential financial risks.
Real User Opinions
Reviews about the FX Cartel company and the broker Gerchik & Co often contain negative feedback from clients who have faced issues during their cooperation with these organizations. It is important to be vigilant and conduct additional research before deciding to collaborate.
Review Summary
Although FX Cartel presents itself as a club of professional traders, it is important to thoroughly investigate all aspects and reviews about the company before deciding to collaborate. Many clients express disappointment regarding questionable practices and potential risks associated with this company.