A short glance at the FX Wonders website told us we are dealing with a fraudulent broker. Why? The first thing you see on the website is the name “Financity.” You might think it’s some sort of a company owner or anyhow related. Yet, it’s a legit US financial company not associated with this offshore scam.
We decided to expose what else the FX Wonders broker lied about in our review.
Broker status: | Offshore Broker |
Regulated by: | Unregulated |
Scammers Websites: | https://fxwonders.com/ |
Owned by: | N/A |
Headquarters Country: | Saint Vincent and the Grenadines |
Foundation year: | 2020 |
Supported Platforms: | MT4 |
Minimum Deposit: | $500 |
Cryptocurrencies: | No |
Types of Assets: | FX, commodities, indices, shares |
Maximum Leverage: | 1:500 |
Free Demo Account: | Yes |
Accepts US clients: | No |
FX Wonders Regulation and Security
FX Wonders is one of those anonymous, shady brokers that haven’t listed who stands behind the entire operation. That’s why we marked it as the first red flag, one of many on the list. All we see is some dubious address from Saint Vincent and the Grenadines. This exact address was used by scam brokers, including CCXMarkets, HonorFX, WesternFX, and many more.
Once we tried to contact the support team and ask if the company is regulated, they told us they are regulated “by the USA.” Another proof we are dealing with a lousy fraud.
Fund Withdrawal Issues
Getting money back from an unregulated broker is never easy. These people tend to take as much money as they can and simply disappear. According to FX Wonders reviews we’ve seen, this company does not hesitate to take the last penny from their clients, but once they should get a payout, their account is blocked. Does it sound like something a legit company regulated “by the USA” would do? Of course not.
Do not trust anything you hear from broker and its employees.
Beware of the FX Wonders scam and other brokers such as Zeyfex and 60op.
Traders Opinion
Checking what traders think of the broker, we came to the last and the worst red flag. According to every website showing FX Wonders reviews, the broker is stealing clients’ funds and refusing to return them. As per these reviews, clients are forced to download AnyDesk or similar software and give control of their computer to a broker. Once they do so, all of their banks are wiped out, and they have no way to return the money.
If this is something that happened to you, let us know immediately.
How Does Online Trading Scam Work?
Nowadays, trading scams have evolved on different levels. False brokers don’t choose means and tools to defraud their clients. However, everything starts with your application on some video you see on social media. This video promises a luxurious life, paid off debts, and whatnot. Only for you to invest money. And once you do, you’re falling into the black hole of scammers. A way out is hard to find, and even if you go out, the question is if you will get any of your money with you.
Never start trading before you thoroughly check the broker.
Scammed by FX Wonders?
Suppose you started investing with FX Wonders. Since our company received numerous complaints about this particular broker, we can assure you that you are not the only victim of the FX Wonders scam. If you have any bad experiences, request a chargeback immediately.
But what is a chargeback? This is a way for your bank to retrieve the money you’ve lost if you were scammed. Get in touch with our support team and get all the information during a free consultation. Let’s get your money back now!
What is FX Wonders?
FX Wonders is an online trading broker based in Saint Vincent and the Grenadines.
Is FX Wonders a scam?
Yes, FX Wonders scams clients and pretends to be a regulated company.
Is FX Wonders regulated?
No, the broker does not have any kind of financial regulation.
Source:
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