Name of Broker: FxFixed
Warned By: National Securities Market Commission (CNMV)
Regulated By: None
Overview of FxFixed Review 2022:
There might be a Forex broker or any other broker latching on to you just as you read this sentence. With the advancement of technology, online scam brokers can reach us at the speed of light. Scam brokers follow different ways to fool innocent traders like – cold calls about the unending benefits of opening an account with their brokerage firm or through good online marketing, these scams have a unique yet common way of finding their victims.
FxFixed is an unregulated broker owned and operated by Unigreen Korlatolt Felelossegu Tarsasag. The broker claims to be located in Budapest, Hungary but we tracked down nothing about this broker in the register of the Hungarian controller. FxFixed gives no administrative data, nor contact subtleties. Controlled organizations keep all the data open to their clients. Clearly, FxFixed has no guidelines and no power to answer.
Do you want to avoid such scammers? If your answer to this question is yes, then read the FxFixed review and find out what you should look for in a broker before opening an account with them. If you find this FxFixed review 2022 useful, make sure to share it with your loved ones to save them from such scams as well.
What all should you look for in FxFixed Review 2022?
Scams are deadly.
Having the potential to make someone go into a debt trap, the scammers lure their victims in with irresistible offers and discounts. In this segment, we will be telling our readers about a few important points that you must look for in a broker before opening an account with them. Remember, nobody has a right over your money.
FxFixed Review: Regulation
The regulation is one of the most significant checkpoints that one must look for while searching for a brokerage firm. With the increasing inflow of scammers in the market, the regulations set up barriers to ensure the scammers stay away from the market. For this, they introduced the licenses. To acquire a license, the broker must go through some tests. However, these tests are not as easy as they might sound. If a company does not have a license, it means it is UNAUTHORISED and not fit for trading. In our case, if FxFixed is unregulated, then this raises the first red flag against FxFixed in this FxFixed review 2022. Read More Scam Broker Reports 2022.
FxFixed Review: Minimum Deposit
The minimum deposit is generally asked in small amounts by the legitimate brokers as taking huge amounts as the minimum deposit is not advised by the regulations. However, the tradition of taking huge minimum deposits is common in scam brokers as their main aim is to steal as much money as they can from the trader before they get suspicious. The usual amount asked by the legitimate brokers lies in the range of $5 to $10. If FxFixed asks for an amount more than the average, chances are that FxFixed is a scam.
FxFixed Review: Leverages
Leverage is yet another common checkpoint that one must look for while checking for a broker online. Due to their direct involvement with the risk, leverages are offered in small amounts. The leverage is even capped at 1:30 and 1:50 in the European countries and the USA respectively. If FxFixed offers leverage more than this, it is a sign that FxFixed is a potential scam.
Conclusion: Is FxFixed scam or legit?
To sum up, all that has been said above, we give you the power to decide whether FxFixed is a scam or not. We request the readers to move forward with extreme caution. If you have been a victim of FxFixed scam or any other broker, do not feel embarrassed. File a complaint right now and get instant help from our team!
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