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Monday, 22 July 02:28 (GMT -05:00)



Foreign exchange market

How Scams Exploit FxPro Reputation


Financial markets are not pure figures, reports, and charts. Any market implies human players in the first place. Unfortunately, not all of those people are kind and honest. Forex and its participants - traders, investors, and brokers - have always been subject to various kinds of manipulations and fraud. With that being said, a market participant can fall pray to scams an all kind of unfair play in the industry surrounding the international currency market.

It's not a secret that FxPro has been one of the world's leading forex broker. Fair brokers are always sensitive about their reputation, which is why they have to monitor the situation and report about all kinds of offline and online fraud related to their brands in order to warn their existing and potential clients against dealing with these scams trying to exploit the brand to trick unsuspecting people.

 

The other day, FxPro officially warned the community about another way of scamming forex folks online.

 

FxPro: Forewarned is Forearmed.

 

There nothing new about pretending to be a major brand and scamming people for money this way. Those scams can sell you fake products and services while claiming high quality. However, the cases of fake forex brands operating on the web are not that frequent compared to other industries.

 

Still, these days you can find more and more fake sites claiming they represent FxPro, a major forex brand, which has been in the game since 2006 and can boast 5 major licenses, including those issued by the FCA, MIFID, and the CySEC. It has proven to be a reliable FX partner for thousands and thousands of traders in more than 100 countries of the world.

 

The FxPro press service reported to Masterforex-V about numerous cases of such fake websites currently operating online. In particular, all of those sites exploit the FxPro brand name, but slightly changed this time - having number 24 at the end of the domain name: fxpro24.ru, crypto.fxpro24.top, and so much more. So, we would like to inform you that FxPro has nothing to do with those sites, whatever those fakes claim.

 

Also FxPro draws your attention to the fact that  fxpro.com (English) and fxpro.ru.com (Russian) are the only 2 official websites of the forex brand. This is something any existing or potential FxPro client should keep in mind when considering any transactions or other activities.

 

The thing is that many FxPRo clients, both inexperienced and seasoned traders and investors, have already fallen prey to those scams due to being unattentive or driven by the promises of huge profits. The fake sites promote some trading robot that is claimed to make you tons of money in no time. They also promise you access to cryptocurrency markets. Obviously, that's a lie!

 

The client feedback related to fxpro24 is purely negative - people keep losing money, with no chance of stopping the trading process or getting their money back.

 

FxPro would appreciate it if you could really careful and attentive when navigating to the company's website. These are the only 2 valid domains: fxpro.com and fxpro.ru.com.

 

If you come across another fake website like fxpro24 on the web, or pretty much any other website claiming to be related to the FxPro brand, please don't hesitate to report this case to FxPro's rech support.

 

Please, always keep in mind that you can win big in the long run only by working with a trusted and reliable forex broker!


 

You are free to discuss this article here:   forum for traders and investors

 

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