简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:FVP Trade has attracted a lot of attention recently, so WikiFX paid a visit to the broker on July 23th and 28th, 2022, to find out whether it is in business or not.
FVP Trade, which is an online forex broker offering financial instruments to its global clients, has attracted a lot of attention recently. As you can see from the screenshots below, this broker is not a regulated broker, and it has been given by WikiFX a very low rating of 1.8/10.
Source: https://www.wikifx.com/en/dealer/8049290722.html
The WikiFX team found the address of FVP Trade Ltd in the UK through GOV. UK (the official enterprise inquiry platform of the UK) and made a field survey on July 23th first. We want to verify if the address of this broker really exists and give you a clear view of the reliability of this broker. The survey address is 71-75 Shelton Street, London, Greater London, United Kingdom, WC2H 9JQ.
The destination is located near a developed commercial area. Since it was Saturday, when the WikiFX survey team arrived at the designated location, they found that there was very little traffic and many shops were closed.
The WikiFX survey team found the office of FVP Trade but there was no one on duty in there. Therefore the survey team paid a 2nd visit to the broker on July 28th. This time the destination was open for business. They found that there was a water sign in the lobby after entering the building. It is a shared office. According to the receptionist, visitors need to make a reservation and registration before entering the office. The receptionist also checked and said that the broker FVP Trade does not have an office in the building. The broker moved away from this address last week, and its whereabouts remains unknown.
Source: https://www.flexioffices.co.uk/london/garden-studios-shelton-street-wc2h_id0013Y00002VvHs3QAF
The survey team ultimately found no trace of FVP Trade at this address. To be sure, FVP Trade is not here. So we believe that the registered address of FVP Trade is false.
As we expected, since FVP Trade is a Ponzi Scheme, constantly changing its name and location, and setting up new scams to lure investors to join, it is reasonable for us to fail to find its address. Therefore, FVP Trade doesn't have any credibility. If you invest in such a dealer, your money might be lost. If you are curious about the fraud cases of FVP Trade or you want to know more about this broker, you can read the following articles.
https://www.wikifx.com/en/newsdetail/202207299924230394.html
https://www.wikifx.com/en/newsdetail/202207283824476876.html
https://www.wikifx.com/en/newsdetail/202207273634690379.html
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.
The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.