Scammers in the forex market: review and expose Fxcentrum.com

[ArtemMit]

Today we are going to review one of such fraud companies - Fxcentrum.com. In our review we will reveal their deceptive tactics and help traders avoid the traps set by this dishonest company.

Fxcentrum.com: fraudulent scheme review

Fxcentrum.com is a forex broker that, at first glance, may seem reliable and trustworthy. However, upon closer inspection, it becomes obvious that it is a typical fraudulent scheme.

One of the main signs of a scam is the lack of credible information about the company. The Fxcentrum.com website has no information about the licence, regulators or any other form of oversight. This immediately raises suspicions.

In addition, the domain of fxcentrum.com was registered very recently, which is also a red flag. Why would a company that has supposedly been on the market for several years register a new domain? The answer is obvious - they are trying to hide their fraudulent past and start afresh by scamming new victims.

Trader reviews

The lack of company reviews online is another red flag. Fxcentrum.com has no reputation, neither positive nor negative. Usually, when a company has been in the market for a long time, you can find trader reviews, both good and bad. In the case of Fxcentrum.com - silence. This can only mean one thing - the company has no real clients, and those who have encountered them prefer to keep silent.

Deception tactics

Fraudsters from Fxcentrum.com use a typical deception scheme. They offer traders attractive trading conditions, including high leverage and bonuses when making a deposit. However, as soon as a trader deposits funds, problems start. Traders are denied withdrawal of funds citing various conditions and clauses that were not mentioned earlier.

In addition, the trading platform provided by Fxcentrum.com can be manipulated. Traders may face situations where their trades will be executed with delays or at prices different from market prices, resulting in losses.

How to protect yourself from fraudsters

To avoid falling victim to scammers such as Fxcentrum.com, traders should follow simple rules:
- Check if the company is licensed and regulated.
- Study reviews about the company online.
- Be wary if the company offers too attractive terms and conditions.
- Never invest more money than you can afford to lose.

Conclusion

Fxcentrum.com is a typical scam scheme targeting inexperienced traders. They use attractive trading conditions to lure traders and then deny withdrawals and manipulate the trading platform. Be vigilant and do not become their next victim.

If you have been scammed by Fxcentrum.com or any other fraudulent scheme - email us at [email protected] and we will help you get your money back. Our experience and expertise will help expose the scammers and get your money back. Don't stay alone with the problem, we are ready to help!