ALERT | Fxprocapital.org Review: Is it Legit or a Scam?

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FXPROCAPITAL.ORG INVESTIGATION HIGHLIGHTS

Item Description Website Information
COMPANY NAME:
FxProCapital
COMPANY ADMIN:
Unknown
REGULATION:
Unregulated
HEADQUARTERS
3238 Doctors Drive, Los Angeles, UNITED STATES OF AMERICA, 90017
OPINION ON SOCIAL MEDIA AND REVIEW SITES:
Negative
PRIMARY PHONE NUMBER:
+7451211814 (Russia)
CONTACT EMAIL:
support@fxprocapital.org (active)
WEBSITE URL:
WEBSITE IP:
66.147.239.119
IP COUNTRY:
US
DOMAIN CREATION DATE:
2022-06-23
HOSTING:
HostRocket

Disclaimer: The information on this document was based on information gathered during the website investigation period. Please note that the information provided might be outdated because there might have been changes on the investigated website (i.e. website had been suspended or website had changed owners and changed its content).

What is Fxprocapital about?

According to online sources Fxprocapital identifies as a multi-asset broker and international internet trading platform for finance, FxPro was established in 2006. Six asset types are available through FxPro as Contracts for Difference (CFDs): Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energies. However all of this is considered a mere facade by many.

fxprocapital.org about us

What is Fxprocapital offering to the clients?

While taking a look at their online website and other sources it can be seen that they provide access to the financial markets through their cutting-edge execution approach. The company also claims to have access to stock indices, metals, and energy resources, however there is no such evidence of that.

Is Fxprocapital.org legit or a scam?

CFDs are complicated financial instruments that carry a high risk of losing money quickly because of leverage. 

When trading CFDs and spread betting with this operator, 75.78% of retail investor accounts experience a loss. You should think about your understanding of CFDs’ operation and your ability to bear the substantial risk of financial loss. The only products offered by FxPro are CFDs and FX. Average non-trading fees are in addition to an inactivity fee that begins to accrue after a year of no trading. The trading costs for some stock CFDs are substantial.

After doing some research on social networking sites (such as Facebook, Twitter, and Instagram) and online trading forums, a common theme of people’s dissatisfaction with FxProCapital developed. This customer feedback suggests that FxProCapital is an unreliable broker, so extra caution should be exercised before making any investments using their brokerage platform.

fxprocapital.org investment plans

Is Fxprocapital.org Licensed?

They assert that the FCA, CySEC, FSCA, and SCB oversee their operations. Despite claiming to be licensed and aiming its marketing at UK residents, the company Fxprocapital is not approved by the FCA. 

You won’t be covered by the Financial Services Compensation Scheme (FSCS) or have access to the Financial Ombudsman Service, making it unlikely that you’ll get your money back if something goes wrong.

Financial Conduct Authority (FCA) and The Financial Commission have issued warnings about a fraud company that operates illegally, is put on a blacklist, and is targeting the United Kingdom.

Fxprocapital.org Opinions on review sites, social media, and contact information

The FPA has uncovered information suggesting that FxPro is paying non-clients to post fictitious favorable ratings. Numerous overwhelmingly suspiciously good reviews were posted. The FPA would prefer it if FXPro staff members stopped posting reviews as clients. They wanted to discuss this with the firm CEO, but they are not responding to the FPA. 

The corporation is currently refusing to cooperate further unless the FPA signs a non-disclosure agreement and forbids the FPA from emailing the CEO.

Source: https://www.fca.org.uk/news/warnings/fxprocapital

Comparing Fxprocapital.org to well-established companies

Fxprocapital says it has set the highest standards of security for the money of its clients. Due to the complete segregation between client funds and corporate funds, prominent international banks are used to store client funds.

By utilizing Binance’s liquidity and market depth, the Binance Link Program enables corporate clients to develop their businesses using Binance technology and earn commission from trading fees.

Fxprocapital accepts payments via credit card, bank transfer, PayPal, Neteller, and Skrill. Binance, however, only accepts bitcoin as a form of investment. The processing period for payments also varies, although for Fxprocapital it takes just one day. When utilizing Binance.com, the capital is in danger.

The world’s largest cryptocurrency exchange by liquidity, Binance.com offers a huge variety of cryptocurrencies (700+), a lot of financial products in the form of derivatives (Vanilla options, futures, etc.), and cutting-edge trading platforms with viewable order books for free. Binance.com provides more secure investment opportunities, better deals, better teaching for cryptocurrency beginners, and an established community. Fxprocapital.org’s platform is not user-friendly and lacks real equities or ETFs.

Do you suspect that someone had scammed you?

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How to get your money back if you were scammed by this company?

When a broker is unregulated or is regulated by a body that is not in your country, you have little to no legal remedy if your money is stolen. If there is theft, complaints can only be filed if the broker has a license from the regulatory body in your country.

Don’t freak out if you lost money with FxProCapital. There have been others before you, and there probably will be more. Even the most diligent investors occasionally make mistakes, which should be viewed as a teaching opportunity.

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The good news is that assistance is accessible. 

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EZChargeback only partners with the most trustworthy and capable scam recovery organizations.

Once you consult with us, we will be able to help you solve your problem and refer you to the top asset recovery firms that will get your money back!

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