FXD24

This project was founded back in 2003, but 11 years later the service was blocked due to numerous complaints about the lack of payments. Over the entire period of their work, scammers have deceived quite a lot of users. They lured naive people with beautiful tales about high and stable earnings, which supposedly could be obtained after the first transactions.

However, in reality, representatives of this office simply deceived their clients. This is evidenced by the lack of data regarding the founders of the pseudo-broker. At the same time, the scammers did not provide users with any guarantees and had no legal basis for carrying out their financial activities.

To begin, you had to register. Only after providing all your personal data to the administrators would you be able to access the trading platform. The minimum deposit started from $10. However, the broker does not provide pricing plans, so no details were provided regarding trading conditions.

It is important to emphasize that this office did not provide a demo account, so it was not possible to test the terminal. Instead, clients were offered an affiliate program whose structure was more reminiscent of a financial pyramid, which was powered by referred referrals investing their deposits.

Security of trading with a broker

The scammers did not bother to obtain an official license. Therefore, they acted without legal permission to provide their services. The scammers also published a fictitious registration address on their website, and there was no contact information at all. It is obvious that the employees of this office had no intention of helping their clients in case of account cancellation.

The official website of FXD24 also did not provide a single legal document, so it also could not be counted on to protect the interests of traders.