Name of Broker – FXGroup100
Website – https://fxgroup100.com
Address – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Island
Owned by the – AAA Global Ltd
Warning Issued By – Not Recommended By Review Website Like All Scam Reports
FXGroup100 Domain Status:
|Date Registered||August 09, 2021|
|Domain Age||11 months, 12 days, 23 hours, 14 minutes, 58 seconds|
FXGroup100 claims to be one of the safe and secure online trading platforms, and it is owned by AAA Global Ltd. The company is located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Island, MH96960. Their website can be found at https://fxgroup100.com. They can be contacted by email at email@example.com. They don’t provide any contact number or company owner’s name. Read a complete FXGroup100review to know more about this broker.
FXGroup100 regulated license
FXGroup100 claims to be regulated by its jurisdiction. Don’t believe in their claims. Most of the unregulated broker makes false claims on their website. The Company address is in the Marshall Islands which comes under an offshore region and the offshore region doesn’t have financial regulators. This is a major red flag that FXGroup100 is not a legit broker or they might be involved in scam activity. If you want to check the broker’s regulated license, check the broker’s name on the regulator’s site.
Regulated brokers offer $50 to $100 as a minimum deposit to their clients, but FX Group 100 does not provide any information about its minimum deposit. It makes it very suspicious and indicates whether they are legit or not.
How does the FX Group 100 scam work?
Unregulated brokers mostly used a common method like they will contact people via online ads and social media or through phone calls and ask for an initial amount to deposit. After that, they ask for more and more money to invest. If once you realize that your broker is not reliable and you want to withdraw your money, scam brokers will block your account, or they will steal your money from your account.
Is your money safe with FXGroup100?
Before investing money with any broker, first, check all the details about them otherwise, you will lose your hard-earned money with a scam broker. All Scam Reports suggest that the FXGroup100 platform is a suspicious broker and your funds are not safe with this broker.
FXGroup100 Customer Review
Customer reviews and trust scores are important for a trader before investing money with a broker. FXGroup100 got a low trust score and negative reviews on other sites. After pursuing this review and all other FXGroup100 reviews, we found that this broker is might be an offshore entity or potentially involved in scam activity. Reading all the reviews is beneficial for you to avoid scam brokers. We provide a scam brokers list on our All Scam Report website that helps you to avoid such scam brokers.
FXGroup100 hides the details like contact number, owner’s name, regulated license, etc. These points show that this broker is not reliable for trading. If you are a victim of FXGroup100 broker or any unregulated broker, you can file a chargeback for fund recovery. Fill out a complaint form on our website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery.