FXP360 Review – Be Wary Of fxp360.com Trading Scam

Is FXP360 An Unlicensed Broker?

FXP360’s regulation is one important factor to avoid this fraud broker. The broker did not reveal the country of their headquarters. It’s difficult to believe they were authorized by any institution to offer Forex and CFD Trading Services. We did look at the top Tier 1 regulators.

They don’t only violate ESMA rules, but any other Tier 1 regulator as well. We checked ASIC, BaFIN (Bay of Financial Instruments), Finma (Financial Conduct Authority), CNMV (Consob), CONSOB, and CySEC’s databases. The process is long, but it’s worth the effort. We get confirmation that FXP360 broker is a fraud.

Broker without license and shady platforms are already losing confidence. FCA has also issued a warning to this broker. The broker has also been a complete mystery about their trading conditions.

FXP360 Warning From The FCA

If lack of regulations was not alert for you to avoid this broker, this will do. FCA warned this broker at the beginning of April, 2023. All companies that provide services to UK residents must be regulated by the FCA or have a TPR. FXP360’s reputation as a broker declined quickly.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

FXP360 Trading Assets

A total of 7 classes of trading tools are available:

• Forex: USD/JPY, EUR/HKD;
• Metals: Gold, Palladium;
• Indices: FTSE 100, DAX 30;
• Commodities: natural gas, cotton, crude oil;
• Stocks: Goldman Sachs, Aurora Cannabis;
• Cryptocurrencies: ADA, DOT, BNB;
• NFTs (allegedly).

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Berry Markets, DexInvesting, CedarFX.

FXP360 Accounts

The only advantage that this broker offers through account types is higher leverage. This broker is not licensed and does not have negative balance protection. It’s extremely risky. In a flash, you can be in debt.

FXP360 is a trading scam that requires you to make huge deposits and receive virtually nothing in return. You have these options:

• Beginner: £0-£2.500
• Student: £10.000
• Bronze: £25.000
• Silver: £50.000
• Gold: £100.000
• Platinum: £250.000
• VIP: £500.000
• FXP360 Top Member: £1.000.000

FXP360: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about FXP360. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about FXP360!