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Is FVP Trade ready to abscond with the money? Many Chinese victims had their funds frozen
Abstract：FVP Trade is an online forex broker offering financial instruments to its clients across the globe. Recently this broker is on the trend in the forex markets. And we find out that the freezing of funds of FVP Trade has caused quite a stir. Some Chinese victims also exposed FVP Trade to WikiFX as they cannot withdraw. In today’s article, we will discuss the experience that the Chinese victims met when they invest in FVP Trade.
About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
About FVP Trade
FVP Trade is an online forex broker without legitimate licenses. It is risky to put money in an unregulated broker as it may take your assets away fraudulently and no one can hold it accountable. According to WikiFX, this broker is getting involved in a Ponzi Scheme, and it has been given a very low rating of 1.8/10. Due to the collapse of the popular cryptocurrency Luna, the local authorities and international anti-money institutions have accused this broker of illegal activities. As a result, the funds held by FVP Trade are frozen. However, this broker never informs the clients of when the funds will be unfrozen. We think that this broker is very likely to take clients money away fraudulently since
WikiFX has received complaints against this broker from Chinese investors recently. Below are the transaction data and trading records offered by one investor.
Conclusion:
This is another case of FVP Trade. The victim from China cannot withdraw. And FVP Trade asked the victim to wait patiently without giving any useful information. We advise traders to avoid this broker as possible as you can.The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
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!
For more relevant cases about FVP Trade, do read the articles attached
https://www.wikifx.com/en/newsdetail/202207195914426773.html
https://www.wikifx.com/en/newsdetail/202207195564692448.html
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.
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