FCTrading Review – Key Facts That Should Keep You Away
FCTrading Review – Key Facts That Should Keep You Away

Even at first glance, you realize there is something wrong with the FCTrading broker. In the first place, the company doesn’t share any ownership or precise address information. With this in mind, you know there is nothing much to expect from this one.

On top of that, the company operates since 2021. This gave them enough time to prove themselves and build credibility. However, they are still failing heavily. Keep reading this detailed FCTrading review to find all the flaws of this shady broker.

Regulated by: No regulations
Is This Company Safe? No
Known Websites: fcmarketpro.net
Have Warnings from: N/A
Registered in: UK (allegedly)
Operating since: 2021
Trading Platforms: Proprietary automated trading software
Maximum Leverage: N/A
Minimum Deposit: N/A
Deposit Bonus: Not available
Trading Assets: Cryptocurrencies and Forex
Free Demo Account: No
How to Withdraw from This Company? The company doesn’t reveal a transparent withdrawal policy, so you can expect issues during the process. If you experience any, feel free to contact our team for assistance.

Legal info: Is FCTrading Legit or a Scam?

Starting with regulations, you can already see why not to trust this broker. With their address that puts them in the UK, it’s easy to determine where to look. Primarily, in the FCA register but also other Tier 1 regulatory databases, such as BaFin, ASIC and CFTC.

Lies About US FCM markets

However, neither one of those mentioned has any records of their license. Therefore, you can’t expect any protection from FCTrading scam broker.

Who are FCTrading clients?

With their fingers spread worldwide, they managed to reach out far from the UK. All this without any authorization. Actually, the demography of mostly scammed traders is:

  • United Kingdom
  • Netherlands
  • Canada
  • Brazil

In addition to that, all the countries have strict regulations. But obviously, this scam broker doesn’t care. Neither should you if you were their victim. If you don’t want to let them get away with it, contact us for advice on the next step.

Leverage, Commissions, Spreads and Fees With FCTrading

Generally speaking, if the broker is not revealing trading costs there is something hidden behind it. Either they are manipulating those or they will rip you off heavily. In fact, with FCTrading scam broker none of the information is available.

Therefore, everything remains questionable and open to manipulation. Instead, you can opt for Tier 1 licensed brokers and avoid such headaches.

FCTrading Trading Features

The general idea of automated trading is quite attractive. But a broker without regulations is something we have seen many times before. Yet, none of those proved themselves as reliable. Practically, with an FCTrading broker that’s the only thing that might attract you. Thus, there is much more to diminish your desire for trading with them.

Available Trading Assets

Another key fact is the availability of tradeable assets. In general, brokers tend to provide as many options as possible. Mainly to attract traders to get on board. Yet, FCTrading decided to keep their classes narrow and offers only:

  • Forex (USD/EUR, EUR/JPY)
  • Cryptocurrencies (BTC, LTC, ETH, XRP)

Account Types

Another motivation comes from the account types. However, this broker doesn’t reveal any. It seems like everyone gets the same conditions at the beginning. Thus, throughout your journey with them, it might change. Important to realize that not even a minimum deposit is revealed.

Mobile Trading App

Considering their high anonymity level, we are not surprised they don’t share the software that they use. Not to mention the lack of information about the mobile app. But even if they have it, it would be quite suspicious without adequate regulations.

Demo Account

Unfortunately, completing the FCTrading login procedure doesn’t reveal a demo account. Unless you are eager to deposit, you can’t get insight into their platform. But if you check any Tier 1 licensed broker you will see many risk-free options for the start.

Education

In general, you should trust only licensed brokers with educational programs. Luckily, FCTrading broker doesn’t offer any. At least on their website, but tricks may come out of the sleeves if you register.

FCTrading Withdrawal

Another key fact is the FCTrading withdrawal policy. Or ifyou like, the lack of it. To be precise, there are no legal documents available at all. With this in mind, you know that you can expect the unexpected.

Scam brokers often use dirty tricks with account verification, taxes or non-existent fees. If you hear about any of those, you know that most of the time there is something wrong. Especially if you are trading with a non-licensed broker. Expand your knowledge about brokers and keep yourself protected by reading our honest ITradeFX and Limeberg reviews.

Customer Support

In these hard times for the trading industry, customer support plays a key role. But the FCTrading platform didn’t bother investing much in it. Instead of many different options, this broker only allows you to contact them via e-mail.

This leaves enough room for them to prolong any request. Especially if it’s withdrawal-related. Obviously, it’s a clear sign to avoid them at all costs.

Key Information To Consider About FCTrading?

As can be seen, there are numerous reasons not to trust this broker. Primarily, the missing regulations and transparency about the ownership details. On top of that, quite poor address and contact information. Important to keep in mind are the shady conditions and non-transparent legal documents. The list is countless.

Getting scammed is not the worst thing that can happen. Even worse is not to know what to do next. There are different ways to recover lost funds. However, those depend on a few factors that we can talk through together. If you book a consultation with our expert team, you can see how easy it might be to get the money back. Book yours now!

FAQ Section

What is FCTrading?

FCTrading is allegedly a UK-based broker offering automated software for FX and Cryptocurrency trading.

Is FCTrading legit?

No. The company doesn’t have any regulations and they are quite mysterious about legal documents, address, contact and trading information.

What Is FCTrading’s Domain Age?

FCTrading website fcmarketpro.net is active since 2021. If you had any issues with them, feel free to contact our specialized team for further advice.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

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