Score
FVP Trade
United Kingdom|5-10 years| https://fvptrade.info
Website
Rating Index
Contact
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
Basic Information
United Kingdom
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Website
fvptrade.info
Server Location
United States
Website Domain Name
fvptrade.info
Server IP
172.67.165.113
-
fvptrade.com
Server Location
Singapore
Website Domain Name
fvptrade.com
Server IP
18.136.92.79
Company Summary
| FVP TradeReview Summary | |
| Founded | 2023-02-09 |
| Registered Country/Region | United Kingdom |
| Regulation | Suspicious Clone(ASIC), Revoked(FCA) |
| Market Instruments | Forex, Metals, Indices, Commodities, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | / |
| Spread | Competitive |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Email: info@fvptrade.info |
| Facebook, LinkedIn, Instagram, Twitter, YouTube | |
FVP Trade Information
FVP Trade is a newly registered CDF broker specializing in various financial markets access to FX, indices, commodities, and other CFDs. The broker provides a demo account and 24/5 Multilingual Customer Service. Traders also can access the MT4 trading platform through FVP Trade. However, FVP Trade is still risky due to its abnormal supervision, incomplete necessary information, and negative voices.
Pros and Cons
| Pros | Cons |
| 24/5 Multilingual Customer Service | Suspicious Clone, Revoked |
| MT4 available | No fee information |
| Demo account available | Unspecific account and withdrawal information |
| Some negative information: unable to withdrawal |
Is FVP Trade Legit?
The Australia Securities & Investment Commission(ASIC) regulates FVP Trade with license number 001289584 and License Type Appointed Representative(AR). However, the 'Suspicious Clone' current status is less safe than a regulated one. Financial Conduct Authority also regulates FVP Trade(FCA) under Revoked status.
This is inconsistent with the broker's claims of being compliant and regulated. There seems to be suspicion of concealing actual supervision. Traders should pay attention.
What Can I Trade on FVP Trade?
FVP Trade offers various market instruments access to over 100 instruments, including currency pairs, indices, commodities, metals, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Trading Platform
Traders can conduct financial activities in MT4 with various trading strategies and implement EA systems. Junior traders prefer MT4 over MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | - | Junior traders |
Deposit and Withdrawal
FVP Trade accepts MasterCard, VISA, PayPal, Skrill, Yandex, NETELLER, UnionPay, and more for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Keywords
- Scam Brokers
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- United Kingdom Payment License Revoked
- Suspicious Overrun
- High potential risk
News
News FVP Trade: Fake or Real ?
FVP Trade is a forex broker based in the United Kingdom. As a brokerage firm, it offers a variety of trading instruments to its clients, including forex currency pairs, commodities, indices, cryptocurrencies, and metals.
2023-10-18 17:58
Exposure 5 Biggest Financial (Forex) Fraud Cases in Recent History
Forex trading is one of the most beneficial and riskiest businesses in the financial market. However, the entire financial sector is still riddled with traps despite increased efforts by national regulators. Today we look at five well-known cases of financial fraud in recent years.
2023-03-04 08:00
Exposure WikiFX Ranking: The Top 5 Most Dangerous Brokers in February 2023
There are many scam brokers in the forex market. With the passing of February, WikiFX has listed the top 5 most disreputable brokers in February 2023 to warn you of potential pitfalls.
2023-03-01 16:52
Exposure SITI prepares a class action against FVP Trade as Italian victims complain about FVP Trade fraud.
Italian victims complain to SITI about FVP Trade fraud. SITI is preparing a collective redress (Class Action) against this broker and is calling on investors to provide more evidence so that FVP Trade can be brought to justice.
2022-10-26 11:27
News Renault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"
On July 8, the vehicle manufacturer's website revealed the two firms' collaboration. On that occasion, Otmar Szafnauer, Team Principal of the BWT Alpine F1 team, made a statement.
2022-09-13 13:56
News 3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money
As of August 19, 2022, WikiFX has exposed a lot of scammers in the forex market. These scam brokers have caused a heavy financial loss to its forex traders, we wonder why so many traders continually fall into scammers’ “trap”. In today’s article, we will describe 3 tricky methods that unscrupulous brokers prefer to use in order to take clients’ money away fraudulently.
2022-08-20 09:00
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正善
Hong Kong
Unable to withdraw. Please return our money. Please return our principal.
Exposure
2023-02-25
股票
Hong Kong
This is a fraud broker and cannot withdraw. Ask you to deposit first, but do not withdraw later. Fraud platform
Exposure
2023-02-21
二小姐28416
Hong Kong
Return our principle! FVP is deceiving us and induce to invest. Then, they abscond very quick and disappear!
Exposure
2023-01-30
陌路90204
Hong Kong
Fraud platform. Unable to withdraw. It is said three months, but it has been half a year.
Exposure
2022-11-25
FX3042538072
Hong Kong
Cannot open the mainnet, we suffer a heavy losses, and the company can’t be found! [d83d][de21][d83d][de21][d83d][de21]
Exposure
2022-11-22
Quach Thi Hong Tham
Vietnam
Since FVP announced to temporarily freeze the account due to inspection until August 25, 2022, we have not received any notice from FVP company. and currently we are not able to withdraw money either. So our investors applied for the help of the British Consulate General in Ho Chi Minh City, Vietnam to verify if the FVP Trade company is a real company or a virtual one. If it is true, then we want to apply for a visa to go there to meet the representative of FVP Trade company. Currently, investors are very confused. Because the people who brought me back to Vietnam have completely escaped and can't be contacted.
Exposure
2022-11-08
Rmcltd{at}protonm ail
United States
I invested about a lot with this firm over the since February , and rencenly , they issued me an email informing me that my activities were unlawful and that I had to pay a nearly $17,000 fee before I could continue trading or request a withdrawal. I repeatedly reached out to customer care to enquire about what exactly was prohibited about my business, but I never heard back. the withdrawal did not go through. USERNAME. Without them, they would have held my money in their possession forever.
Exposure
2022-11-05
FX5743883
United States
Betrayal is the theme of this firm. They con you into giving them your money and then claim you must pay taxes on it in order for them to return your investment money. Of course, you become wise and realise this is a scam.The Assetsclaimback/com increased my investment after I was able to withdraw them but it’s all fraud don’t invest with FVP Trade it’s all fraud they can be exposed try it.
Exposure
2022-10-28
FX3747971676
United States
FVP trade have swindled a lot of us and absconded but they couldn't get away with my funds just like that.It all started when i was introduced to this broker by an online friend whom i later realized to be part of the whole scam. I transferred funds to FVP wallet address from my exchange so as to fund my MT5 account and started trading. I traded to a certain point where i decided to withdraw and all withdrawal requests were declined. Not too long after the requests were declined, Their website got shut down and it was at that point I realized painfully that I have been involved in a scam. I made consultations to a Tech friend who advised I report to the cybercrime police department with joint conjunction with private investigative firms and the outcome is represented below in my proofs below showing my deposits and others.
Exposure
2022-10-28
FX72864103
United States
I was aggressively convinced to invest with this broker and in an attempt to realize profit, i did what i was told and began making profits like they said Before finrecoup each of my request to withdraw was met with rejection my saving grace was that i kept receipts of my transactions with FVP Trade they really wanted me to keep investing with no end in sight
Exposure
2022-10-28
Chanduispat
India
FVP trade duped investors and now their website is not able to access. People invested in crores and now there is no where abouts of FVP heard. we are not able to login and there is no point of withdrawal. I invested 2,000 dollars and after few weeks the app stopped working and they quoted absurd reasons and now they are not in communication.
Exposure
2022-10-23
金玉满堂27147
Hong Kong
It is about to abscond. Everyone report now. Mohan Nadi website can no longer be logged in!
Exposure
2022-10-19
comdrjeff
Malaysia
I cannot login to the FVP/AMG website anymore. Kept getting the attached error message. Anyone going after the founders?
Exposure
2022-10-19
尼尼660
Hong Kong
flukes value management solutions pty ltd's withdrawal requires 15 to 20 days. It is weird
Exposure
2022-10-15
萌奋
Hong Kong
The announcement claimed that FVP was injected money by AMG, and the handover period was 3 months, but the latest announcement was still on August 25, which has been overdue for more than a month, and no one from the company has come forward to explain that. Now it's even too lazy to update the announcement! Obviously, it is defrauding investors, delaying time, and defrauding funds.
Exposure
2022-10-06
Rajendra
India
This company made scam by taking money from people . I'm one of victim who stuck and falls in these Ponzi scheme. They showing attractive return upto 10% every month . I get attracted to these Charmful return and get stuck. Even I invested 3k dollar by taking loan from bank and by now situation has come I thought about suicide. Because unable to paid EMI of loan. They will not live their life in well manner who involved in these scam. Shameful people.
Exposure
2022-09-27
Mosquito
Brazil
I have more than 7500 dollars blocked
Exposure
2022-09-15
FX3705967838
Hong Kong
After 7.18, it has been delaying. It is said that the funds have been frozen, please wait patiently, and on the 7.25th, an announcement is issued and saying that all member information will be removed. On 8.25, another announcement was issued saying that it was cooperating with the investigation. just don't withdraw
Exposure
2022-09-01
军哥13421
Hong Kong
Save us please. Can't withdraw money. Fvp can't withdraw. Save us please. Many of us are done
Exposure
2022-08-29
空城旧梦62158
Hong Kong
Fraud in the foreign exchange industry. It is a deep trick. On July 19th, they all run away. FVP,
Exposure
2022-08-23