RealFXPro is another offshore broker on the market. Logically, you will ask yourself if it is legit. Can this broker scam you? We did our review to figure out this and much more. Read our in-depth RealFXPro review and see why this broker is so poorly rated.
Regulated by: none |
Headquarters Country:Saint Vincent and the Grenadines |
Foundation year:unknown |
Supported Platforms:web trader |
Founder company: Syntric LLC |
Regulation and Security
The broker is based in Saint Vincent and the Grenadines. On its website, the company stated that it’s FCA regulated. However, once we checked the FCA register, we discovered that the company doesn’t exist. It’s just a clone firm. It is using someone else’s registration number. Major red flag at the very beginning. When it comes to the security of the funds, the broker gives no information whatsoever. The website is not in function currently.
So far, for the sake of our reviews, we can say that this broker is not safe.
RealFXPro Warnings
As previously mentioned, RealFXPro is using someone else’s registration number with the FCA for its false statements. Therefore, FCA issued a warning against this broker as a clone firm. Also, they invited everyone to report this broker’s activity.
Besides FCA, IOSCO (International Organization of Securities Commissions) reported RealFXPro as not a legit broker last week.
We strongly recommend you not to take any offers from this broker!
In which countries does this broker work?
Since RealFXPro is not regulated by any regulatory body, it cannot provide financial services anywhere. However, the broker is very poorly rated, especially by traders from the UK and Australia. When it comes to restricted areas, looks like this broker does not stop itself from performing scam anywhere.
If you ever come across this broker or get an offer from its agents, we strongly recommend you not to go for it. There are many companies regulated by FCA, ASIC, or any other regulatory body that are legit.
How Online Trading Scams Work
Since the Forex market exists, scams are part of it. Every day $5.1 trillion is traded on this market. Unfortunately, some companies are using this fact to earn money in a bad way. Usually, everything starts with your registration with a not legit broker. Like it’s the case with RealFXPro, some brokers are adding to their website fake regulation. You think that you are in the right place, with the right company. Some person gives you a ring representing itself as the market expert that can help you make a lot of money. It’s all a nice story to convince you to add more money. And you do it. Because you believe that this money will grow, and your future will change. But not so long after, you understand that you cannot withdraw your funds. And you understand that you’ve been scammed.
What to do if you got scammed?
If you got scammed by RealFXPro, the most important thing is to report it immediately. As you’ve seen throughout our review, this broker is not regulated. Therefore, you have no regulatory body that will return you the funds. You need to act by yourself. How?
Chargeback Is Your Solution! You need to file a dispute and request your money back.
In case you are wondering. What is a chargeback?
Chargeback is a way for funds to be returned to your card in case of online scams. If it happens that you paid for a product or service, and you didn’t get it, you are entitled to chargeback.
Get in touch with our staff today and let’s start the procedure immediately!
Is RealFXPro a good broker?
RealFXPro is a scam broker with fake FCA regulation on its website. We strongly advise you against trading with this broker.
Is RealFXPro a Scam?
Yes. The broker is falsely representing as FCA regulated broker. Be aware of the RealFXPro scam.
Is RealFXPro regulated?
No. RealFXPro claims to have an FCA license, but it’s just a clone firm with no regulation.
Where is RealFXPro broker based?
RealFXPro is based in an offshore country, Saint Vincent and the Grenadines.
Source:
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