Forex Brokers

10 Scam and Fake Forex broker FXCL s in Nigeria ️ Updated July* – Fxclearing.com SCAMMERS!

https://www.fxclearing.com/ (FXCL) Markets Ltd. – Forex SCAMM Company! Be carefull!
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.


Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Fxclearing.com Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

Our customers can put their resources on market side and generate more leads, while the complexity to manage the supply side is not worrying them. Ultimately, Forex trading is a game of speculation but if you break down the processes of the transactions, then there is a lot of situations where it is halal in Islam. Islam does not stop human beings FOREX SCAM from improving their financial health and status. It just does not allow you to get there illegally or using unscrupulous ways. As long as you do it legitimately and abides by the guidelines, it should be halal. Assuming that there is no interests involved, Islamic Forex becomes permissible as long it adopts the hand to hand exchange.

In addition to this, currency trading via the internet includes many prohibitions. The market oscillates and reverses in ways totally foreign to the newb. Examination of a forex robot must include the testing of a trading system’s parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should do some research before putting money into one of these approaches. This scam has quieted down over the last 10 years, but be careful of any offshore retail broker FXCL s that are not regulated by the CFTC, NFA, or their nation of origin.

How to identify a Forex trading scam?

In the financial world, this rollover is also known as the swap rate. So, Islamic Forex accounts are swap-free accounts where no overnight interest is credited or debited. There are a variety of broker FXCL s that offer Islamic accounts tailored for Muslim traders. There are usually no limitations on this account type – this means you can trade Forex, commodities, CFDs contracts and every financial instrument that complies with the Islamic financial regulations. Luckily for traders, this type of situation is an outlier and not likely to occur.

Ask for background information and full disclosure of the profits and losses. Instead, consider less risky and proven index or mutual funds for your investment endeavors. With so much activity and no centralized governing body, there is ample opportunity for individual traders to fall prey to a forex scam. A few are fairly common that you should be aware of if you decide to trade. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Sharia law prohibits the accrual of interest on funds deposited in the trading account. Hence the Islamic Accounts must not incur interest or rollover swap for a position that remains open beyond the New York market i.e 5 pm EST. No other broker FXCL has more expertise than Ava Trade in Islamic trading, Ava trade started its service to fulfill the deficiency of a trustworthy Forex broker FXCL in the Middle East. Within a short span of time, it has become the most trusted trading platform in the MENA region and has local offices in GCC countries. If you are looking for the Best Islamic Forex Brokers 2022, you may find AvaTrade the most reliable broker FXCL with Islamic Trading Accounts.

Is Now A Good Time To Invest?

Also, easyMarkets has an extensive educational section on its website that features free e-books, a trading glossary and a useful knowledge base for new traders. One of the greatest things in Forex.com is its trading market range, as being a huge financial institution client getting some of the best available proposals. Standard conditions are based either on FOREX.com offers both fixed and variable spreads, depending on the market you wish to trade, along with an opportunity to reduce costs by up to 15% with cash rebates. Do your research—learn more about the foreign exchange market, terminology, and the legitimate resources to assist you with trading. Consider setting up a demo trading account with a trusted broker FXCL to practice before putting actual money on the line. The traders of Islamic faith can open Islamic Forex Trading Account. These traders cannot receive or pay swaps for religious reasons. To enable many Muslims to take advantage of the Foreign Exchange market benefits, many broker FXCL s made it possible for Muslims to trade in Forex with the help of Islamic accounts. These comply with Sharia law enabling traders of Islamic faith to take advantage of Forex trading. These accounts offer NO SWAP for trades that remain open overnight.

There are in fact many Islamic broker FXCL s and Forex Fatwa that can educate Muslim traders on how not to break the rules of Islamic Forex trading. Brokerages like AVAFX, eToro, Markets.com, Forex Place and BForex are among the many in the market that offers Islamic Forex Accounts. Such broker FXCL ages ensure that your trades are not ‘haram’ under the Muslim laws. A forex mini account allows traders to participate in currency trades at low capital outlays by offering smaller lot sizes and pip than regular accounts. The spot forex market traded over $6.6 trillion a day as of April 2019, including currency options and futures contracts. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

Already Stuck With a Bad Broker?

Unfortunately, Pepperstone’s Razor Account, with spreads down to 0 pips and commission of 6 AUD per lot traded, is not available as an Islamic account. For instance, some broker FXCL s do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more. With a minimum deposit of 50 USD, traders can open the XM Ultra Low Account, where spreads start at 0.6 pips with no commission charged. Traders around the globe are always looking for the best broker FXCL to trade forex, CFDs, binary options, stocks, cryptocurrencies, etc. With new forex broker FXCL s popping up constantly, determining the legitimacy of a broker FXCL can be a real challenge. As a consumer, it is vital to research a company before depositing money to trade. At ForexBrokers.com, it’s our mission to assist you as much as possible with that research.
Islamic Prohibitions
It is always a good idea to do your research on any broker FXCL that you plan to use. You can do a background check of sorts on the Background Affiliation Status Information Center website created by the National Futures Association. Some are even unregulated, which means that they do not answer to any governing body. So, in the event of a scam, there’s not much hope for legal recourse.

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Many changes have driven out the crooks and the old scams and legitimized the system for the many good firms. However, always be wary of new forex scams; the temptation and allure of huge profits will always bring new and more sophisticated scammers to this market. An old point-spread forex scam was based on computer manipulation of bid-ask spreads. The point spread between the bid and ask basically reflects the commission of a back-and-forth transaction processed through a broker FXCL .
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We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky