Faexgroup
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
General information or what is the essence of the scam - Faexgorup broker review, reviews of the scammer
The company legend says that it began its activities in 1998 in the Swiss city of Bern. It entered international trading platforms in 2002 and spread to 70 countries around the world. In 2015, the company entered into cooperation agreements with the largest financial institutions in the UK, China and Switzerland.
The company names as its advantages:
- trading training from world-renowned experts;
- ability to work on any device;
- more than 200 tools for making money;
- effective analytics;
- automatic operations for all types of activities;
- simple deposit and withdrawal of funds;
- instant technical support;
- innovative trading platform;
- high level of data protection.
The website contains a certificate of incorporation, but there is not a single confirmation of the legality of actions on the Internet. The company operates eight websites with different domain names in the com, info, net zones.On official website faexgroup.pro Two emails have been published – for support and for resolving controversial issues. After checking it turned out that they were not valid. And this is one of the signs of fraud, of which there are more than enough in the company.
| Status |
SCAM |
| Year of foundation |
1998 |
| Affiliate program |
No |
| Regulation and jurisdiction |
No |
| Company Features |
Negative balance protection. There is a Demo account. Bot testing system. Technical support 24/7. 200 assets for trading, training for traders. |
| Contacts |
No |
| Website |
faexgroup.pro |
- Fixed and floating spreads
- Withdrawal and replenishment of balance without commission
- Free training for beginners
- No registration or licenses
- No information about the founders. The site is closed. This is SCAM
- Withdrawal not configured
| Trading Platform |
Faexplatform |
| Types of accounts |
Standart, Mini, ECN, Gold, Platinum |
| Currency |
USD, EUR, RUB |
| Deposit/withdrawal |
No commission, payment cards, crypto wallets |
| Min Deposit |
$500 |
| Financial Instruments |
Currency pairs, CFDs, metals, raw materials |
| Mobile Trading |
Yes |
| Trading Features |
Trading on your own platform. 4 accounts with different minimum deposits. SMS messages with signals. Training from a trading guru. Personal advisor for every trader. Process automation. |
| Bonus |
Yes |
How clients are scammed in Faex Group Pro
In this regard, scammers have not come up with anything new. They lure people to their website by offering to register and try trading on a demo account. They promise serious training from the world’s top trading experts, but in reality they don’t give anything that can’t be found on the Internet.
It is known that when trading on the demo version of their own platform, virtual investments in faexgroup.pro bring super profits. Beginners want to start playing the real game as soon as possible, so they invest real money.
As soon as money is deposited into the account and the newly minted trader starts working, his balance very quickly resets to zero. The advisor strongly recommends replenishing it again and again to achieve maximum benefits. As long as the beginner obediently follows the mentor’s advice, everything goes well, but as soon as he begins to resent or resist, personal account faexgroup.pro blocked and accounts reset.
If a scam broker has stolen your money, then all you have to do is contact our chargeback specialists. They will sort everything out and force the offenders to return your funds.
Terms of cooperation with Faex Group
To begin with, the client is asked to register. After that, a demo account is opened for him, on which he finds out how to make money with faexgroup.pro. Once a person is ready to move to the next level, he is asked to choose a trading account on which he will work:
- Mini;
- Standard;
- Gold;
- Platinum;
- ECN.
Balance replenishment – from $500 to $50,000, general rules apply to everyone, but with an increase in the tariff, new functions and accesses are added. Customers who open an ECN account receive maximum benefits. They have unlimited possibilities and elite tools, and also receive priority when withdrawing funds.
The company sends trading signals to all traders via SMS notifications, that is, clients receive timely information and can apply it to their work.
Withdrawal of earned money occurs to crypto wallets and payment bank cards Visa and MasterCard. Take screenshots of payments, withdrawal requests that remained unanswered, and also save receipts. All this will be evidence that the scammers have deceived you. With their help, you can initiate chargeback proceedings.
License
On its website, the false broker posted a fake document, which states that the company was registered in 1998 in Switzerland. But the specialist will immediately say that this document was concocted thanks to Photoshop and cannot be trusted. The scammers thought that this would be enough to attract new victims to their scams.
Reviews
It’s amazing how indignant they are reviews about the company faexgroup.pro were found on the website vsyapravda.net. People simply shout so that other users can hear them and not fall for the tricks of scammers.
The false broker’s client Irina asks for help because she was robbed broker faexgroup.pro. She writes that she initially invested $5,000, but was persuaded to make another deposit for $10,000. She took out a loan for this, but ended up left without money. The scammers offered her to increase the deposit again in order to close the loan and make a profit, but she no longer believed it. As a result, I was left with a loan and no money and doesn’t know what to do now.
Another user Arsen asks people not to trust the broker faexgroup.pro because all the training he gives can be found on the Internet. And in general, this is a complete scam. The company’s employees blatantly lie, do not provide normal analytics, and only scam people out of money. You can’t listen to advisors either, they deceive you.
Those who read reviews about brokers are less likely to end up in different kitchens. They have a real opportunity to save and increase their money instead of giving it to scammers. Therefore, always be on alert and take the time to check how true their words are and how they are confirmed.
Conclusion
Investments in faexgroup.pro will only bring bitter disappointment. So don’t deal with this company. It’s easy to lose money and self-confidence here, because they will brazenly take the latter away from you, force you to get into loans and debts, and then leave you with their own interests. You will not see profit because your own platform only creates the appearance of real trading, and withdrawal does not work here.
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FAQ
Customer reviews are one of the main criteria that influences the placement of a broker in the ranking of the best companies. See all reviews about faexgroup.pro you can visit the company’s official website.
Register on the Rating Forex website – it’s free and takes up to 5 minutes, taking into account the registration confirmation via the link that will be sent to your email. Detailed instructions on how to leave a review faexgroup.pro, posted at the link.
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Expert opinion
Faex Group is an ordinary scam, of which there are many on the Internet. It costs them nothing to trick a person around their finger in order to take possession of his funds. It’s not for nothing that they operate as many as 8 websites, and they may also have clones. At the same time, there is false information about registration and regulation. Who else needs this if not swindlers? Avoid this office so as not to accidentally get hooked on them.