Falcon Brokers

The office, with its head office in Limassol, Cyprus, is an active participant in the global financial market, providing services in 94 countries, including 29 European countries. The company operates in accordance with the MiFID directive and has licenses from leading European regulators:

• CySEC (Cyprus);
• FCA (UK);
• BaFin (Germany).

This confirms the high level of trust and security offered to clients.

Despite the initial success and obtaining licenses, the broker faced serious problems, including the loss of a CySEC license in 2016 due to failure to meet the required standards. This caused significant distrust in the company and increased accusations of fraud and foul play against customers. The company has since been accused of:

• manipulations with client positions;
• setting up software for guaranteed losses by investors;
• problems with payments;
• orientation towards working with newcomers to quickly and effectively lure out money.

Brokers Falcon contact information:

• office address in Cyprus;
• hotline;
• internal chat;
• Email.

Many customers reported problems receiving quality support and resolving claims issues. This only increases mistrustFalcon Brokers official website The project is no longer working, so it is almost impossible to contact support managers.

The project was founded on March 9, 2009, which indicates many years of experience in the market. Despite this, the company has faced serious allegations of fraud and loss of trust from customers, highlighted by numerous negative reviews and complaints about a lack of quality service.

Trading conditions at Falcon Brokers

Sharaga promises clients a variety of trading conditions that include multiple types of trading accounts, maximum leverage, various spreads, and the ability to trade a wide range of instruments on popular platforms.

Scam offers three main types of accounts, each of which is designed for a specific category of traders:

• Standard – the minimum deposit to open is $200. This account is suitable for beginners and experienced traders who prefer classic trading conditions;
• ECN – requires a minimum deposit of $2,000 to open. An ECN account offers lower spreads and direct access to market quotes, making it ideal for experienced traders and professionals;
• Educational – opens free of charge to everyone. This is a great way for beginners to try their hand at trading and test strategies without the risk of losing real money.

Information about ECN support is not true. The office is unable to carry out transactions on the interbank market due to illegal activities. Many clients write about this Falcon Brokers personal account It’s better not to register here, because cooperation will end in losses.

The maximum leverage is 1:200, which is quite attractive for traders looking to increase their profit potential, but it also increases risks. For ECN accounts, leverage is defined as 1% of the market price, which provides a more conservative approach to trading.

The company offers both floating and fixed spreads, starting from 1 pip. This provides flexibility in choosing trading strategies and can be beneficial for traders who prefer both short-term and long-term trading. However, the office has many hidden commissions.

Trading platforms Falcon Brokers

Sharaga provides access to two of the most popular and feature-rich trading platforms in the industry:

• MetaTrader 4 is a well-known platform that offers many tools for analysis and trading. MT4 is ideal for all types of traders due to its flexibility, reliability and wide range of trading tools;
• MetaTrader 5 is a newer version that includes all the benefits of MT4, but with additional features such as improved charting tools, more time frames and support for additional order types.

Support for popular platforms does not play a special role, since quotes are managed by employees Falcon Brokers Investments on enslaving conditions are doomed to failure. Such cooperation always ends in losses.

Clients can trade a wide range of instruments including forex, metals, futures, energy and commodities CFDs. This provides traders with the opportunity to diversify their portfolio and select instruments according to their trading preferences and strategies.

Trading conditions in Falcon Brokers seem quite attractive, especially for experienced traders, due to access to ECN accounts and low spreads. Offering a variety of account types and trading platforms is also a big plus as it allows traders to choose the terms that best suit their strategies and experience level. Additionally, the ability to use a practice account without the risk of losing real funds is a great way for new traders to learn the basics of trading and the platform.

However, despite the apparent attractiveness of the terms, it is important to consider the broker’s reputation and customer reviews, especially in light of reports of loss of license and allegations of fraud. It is better for potential clients to refuse cooperation due to abnormally high risks.

Expose Falcon Brokers: signs of fraud

The dubious company is criticized by clients and experts. Recently, many allegations of fraud and dishonesty have been made against the company. During the project review, the following signs of fraud were identified:

• One of the most obvious signs of problems in a broker’s activities is the loss of a license by the regulator. Falcon Brokers lost its CySEC certificate in 2016 due to non-compliance with established standards and requirements. The regulator’s license is an important indicator of the reliability and transparency of the broker’s work; its loss raises serious questions regarding the integrity of the company;
• Customer reviews and analysis of Sharaga’s activities indicate possible manipulations with trading positions. This includes unjustified account drains, artificial creation of slippage and unexpected changes in order execution, which leads to clients losing funds;
• many users reported delays or no payments at all. Lengthy verification processes, unreasonable refusals of payments and ignoring withdrawal requests are red flags indicating potential fraudulent schemes;
• reports indicate that the firm’s representatives actively pressured clients to increase deposits and engage in questionable trading activities. This behavior is often associated with attempts to maximize profits at the expense of clients, without regard for their interests and financial security;
• the broker primarily focused on beginners, offering them exclusive conditions and training, which in reality led to quick and significant losses of funds. This indicates a strategy aimed at easy mining at the expense of inexperienced investors;
• opacity of trading conditions, hidden commissions and lack of clear information about risks are all signs that should alert potential clients. Fraud companies often use complex and unclear terms to hide their intentions.

The listed factors clearly show why you should refuse services Falcon Brokers overview complaints confirms the inappropriateness of trading on the platform of the company in question.