FVP trade review – Offshore scam without a license

Rating
Broker status Offshore Broker
Regulated by No regulation
Scammers Websites https://fvptrade.com/
Blacklisted as a Scam by No Info
Owned by FVP Trade Ltd
Headquarters Country British Virgin Islands
Foundation year 2017
Supported Platforms MT4
Minimum Deposit No Info
Cryptocurrencies FX, commodities, indices, shares, cryptocurrencies
Types of Assets LTC, BTC, ETH - total 4
Maximum Leverage No Info
Free Demo Account Yes

FVP trade detailed analysis

Are you familiar with people who talk a lot but say little? FVP Trade is a great example. Although the broker presents a variety of awards and regulations, nothing is true. We can only tell you that we will try to withdraw your money as quickly as possible for those who are trustable enough to believe the scam.

Learn how to get your money back by reading our FVP review.

FVP trade regulation and security

FVP Trade Ltd is the brand name of FVP Trade Ltd. It is said to be based around the world. According to the website of the broker, there are regulations in Australia, Canada, USA, and BVI. We found nothing in any of the registers that we looked at. FVP Trade Ltd isn’t even registered, so it’s not regulated. You should look for a Tier1 regulated broker such as ASIC, FCA or BaFin if you want to trade. Make sure you check the register of your regulator first.

Fund withdrawal issues

Let’s say you start investing with FVP Trade brokers. It’s not easy because the broker doesn’t disclose minimum deposits. This means you’ll have to wait to hear back from the employees about your financial situation. After you make a deposit, you will receive a $100 bonus or $200 bonus. It sounds great, free money, nice boost. You must turn over at least 6 lots within the first 30 days to withdraw the boost. Average traders start with 0.01 lots, which is the minimum.

Brokers often give the bonus to clients without asking, and try to convince them that it is part of their terms.

The minimum withdrawal amount allowed is $5. There are so many fees involved that you won’t be able to withdraw less than $5.

Traders opinion

Clients will be required to sign the so-called MMA Agreement. This means that your account is fully managed by an account manager. This sounds great, especially if your knowledge of the market is limited. But if you insist on withdrawing, the same manager will invest your money poorly, so you’ll lose everything and cease bothering the company.

We can all agree that it sounds like a beautiful cyber fraud.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

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What is the online trading scam?

Trading ads that appear to be false are often the starting point of online trading scams. FVP Trade allows you to deposit money and offers many options, including:

  • Credit card
  • Sofort,
  • Giropay,
  • BPay,
  • Neteller,
  • Skrill,
  • WebMoney
  • bank wire,

You will be asked to increase your money. A financial adviser will explain the “money makes more money” story. It’s true if you work with a legitimate operation. You will know you get paid every month if you work with a legit company. A broker like FVP Trade can be a great way to make money. Your account will be closed and money will not return. Your account will be suspended if you request withdrawals more than once. You will no longer be able to make any changes.

Scammed by FVP trade?

Tell us about your experience with FVP Trade, or any other illegal broker. Assistance Refund has heard many stories and helped many. Brokers can deceive clients in sophisticated ways, but there will always be a chargeback.

What is a chargeback?

This is a method of reimbursing your card in the event that you have been scammed online. If you can prove that you are the rightful owner, your bank will take steps to retrieve the money. Our team of experts can assist you with such bureaucratic tasks.

FVP Trade: Video

Below you will find a short video about FVP Trade. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about FVP Trade!

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Author: William Thompson
William Thompson

Copywriter with more than 10 years of experience. Wrote analytical content for one of the largest forex brokers in the world. Works as an editor-in-chief at assistance-refund.com

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FAQ

  • What is FVP Trade?

    FVP Trade is an online brokerage that offers trading without the need for a license to provide financial services.

  • Is FVP Trade a fraud?

    FVP Trade is an unregulated business that scams clients and refuses to approve withdrawal requests.

  • Is FVP trade regulated?

    FVP Trade isn't a regulated business and does not have the authority to offer any type of financial services.

  • Fund Withdrawal Issues

    The minimum withdrawal amount is $5. However, there are so many fees that if you try to withdraw any smaller amount, you will cover commission and get nothing to your bank.

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