Fxgiants Is It A Scam? Review

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Optimized sections «Market» and «Signals» have been added in the advantages of its previous version. Therefore, the service belgian pro league bookmakers convenience has been improved considerably. Analytic functions of the terminal is one of its strongest points.

This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market. Finding a reputable FXGiants bdswiss broker review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. The FXGiants opinions is that they can withhold your money as long as they see fit and that is not the broker you want to be in business with. One thing we did like was the fact that FXGiants had numerous toll free numbers for different countries to call in.

Its sister company, GVS Pty Limited., doing business as FXGiants in Australia, is authorized and regulated by ASIC. In Australia, the regulatory agency in charge of regulating FXGiants’ operations is ASIC. All order types and execution modes, technical indicators and analytical objects. TopForexBrokers.Net team does not trust this broker and advises you not to sign up with it. FX Giants are not included in our list of recommended brokers.

From our own experience as well as that of numerous people around the net, FXGiants lacks any properly trained customer support staff. This is evident from their lack of knowledge and inability to assist with any concerns clients may have. FXGiants was identified to be operating under questionable and unethical methods due to their regulatory status and suspicious terms of service. Chargebax recommends that users do not trade with this FXGiants and if you are already involved, to contact them right away to cash out your funds.

Liquidspro Detailed Review

At the same time, a number of legal cases were filed against the parent company when finally the CySEC authority settled the fine to the company. FXGiants was founded in 2016 and is the brand name of Notesco Limited, a company registered in Bermuda. FXGiants offers multilingual customer support 24/5 via email, phone and contact form.

FXGiants is a registered business name of 8Safe UK LTD, a company authorised and regulated by the Financial Conduct Authority . Please, be advised that FXGiants does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. A valuable guide to the markets, everything you need to know about trading, from A-Z.

Reviews

There are actually two brokers operating under the brand FXGiants. Our FXGiants review took a look at both of these entities to see if they’re properly regulated. There is both the UK and an Australian version of this broker. The company was once called IronFX but changed its name after their Cypriot branch had to pay fines and was put under investigation for denying traders access to their funds. When it comes to regulation, we must be very careful and cross-check if what the company claims is true or not.

For trading on a phone or tablet, FXGiants offers the possibility to use the mobile terminal MetaTrader 4 (iOS/Android). This allows clients to trade without access to a computer, in any convenient place and at any time. FXGiants, a London-based brokerage company that began operations in 2016, is actually part of the IronFX brand. Both the Australian and British divisions were renamed shortly after CySEC ordered IronFX to pay €335,000 in November 2015 to compensate for the denial of withdrawals to more than 150 customers. Forex broker provides customers with the opportunity to profitably trade forex and CFD, as well as bonuses and affiliate programs. To this end, the production of detailed activity reports I supported.

I Am Pleased With This Trading Service

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Because I am deposit here $500 and when I earn here profit and put it withdraw request its declined my withdraw and suspended my account. Let other traders know if this service is worth checking or should be avoided.

Let our chargeback experts provide you with free instructions on how to recover funds at your bank. If you have experienced the following with FXGiants, it’s more than likely that you have been scammed or are involved in a scam. We therefore advise that you report a scam and file a chargeback against FXGiants as the first step to recover your funds. In this review, we will describe why your funds are not safe with FXGiants. Yes, this broker has licenses from the financial regulator for both of its primary offices, including the FCA in the UK and ASIC and Australia. Start by filling out the form above and we will get in touch with you and provide you with information on how to start the process.

  • The broker has clients from over 150 countries worldwide and supports transparent, reliable services 24/5, where clients receive multilingual language support.
  • The broker conducts a lot of different promotions, but this is not a plus, since most of them are completely useless and do not carry any practical sense..
  • Customer support will fix the issue for you so that you don’t miss any trade.
  • The benchmark EUR/USD spread is 2.2 fixed and a minimum of 1.1 floating.

The broker has many limitations, such as limited investment opportunities, a limited number of order types, and the number of transactions per day is limited by software functions. FXGiants claims to have registered under the FCA, but the statement is not verified. It has a service option in which the accounts will be under the non-regulated franchise of the firm. They keep their clients funds in segregated account of top tier banks.

Author at Scamrecovery.net Brandon Linton has spent the last 2 years writing financial reviews. When searching for brokers to conduct your trading activities with, the first and most important atfx broker review step should always be to learn about their certification. This will tell you whether they are regulated by a central authority or if FXGiants is an offshore and/or unregulated entity.

Different methods are subject to differing fees and conditions. The largest possible withdrawal fee that might be incurred is capped at $30. A wide range of Forex currency pairs, Indices, Commodities, CFDs, Futures and individual shares may be traded with FXGiants. You are kindly requested to provide us with your particulars (i.e.name and account number) in order to allow us to attend to any queries you may have. You can also write to us at for any clarifications you may require.

Fxgiants Scam Deposits And Withdrawals

The broker should have a modern trading platform that is supported by advanced analytical tools and the latest in forex technology. The trading platform provided by the broker must be user-friendly and intuitive enough for traders to quickly access their accounts and place trades quickly. Traders should also be able to customize it according to their own preferences. Experienced speculators, getting acquainted with the user agreement, determine immediately the reliability of a brokerage company on a number of aspects. FXGiant company posted this document on the website fxgiants.com in the «Legal Information» section.

Despite the fact that the platform is an updated version of the world-famous Iron FX branded company, the product line and customer offerings have remained almost unchanged. This is also confirmed by FXGiants’ support team, which refers to the Iron FX affiliate website IronFX.com for all questions regarding FXGiants’ trading conditions. Speaking of trading platforms, the trading platform must be robust and responsive.

Full Review

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. With the internet becoming a catalyst for scammers to prey on their victims with the benefit of anonymity, people have to stay extremely cautious to stay out of the traps of these cybercriminals. Now we know, all of you must be thinking about whether the internet and the online finance market have become a dangerous threat to society.

Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

Trading can be done 24/5 through the Metatrader 4 or Personal Multi-Account Manager platforms. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.

The FXGiants subsidiary which belongs to GVS Pty Ltd is based in Australia and is regulated by the ASIC while the FXGiants owned by 8Safe UK Ltd is based in London, England and is regulated by the FCA. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice. We don’t recommend trading with them and if you are trading with FXGiants contact them immediately and try to get your fund out.

To address the issue of safety, FXGiants maintains accounts with top tier banks, using the banking and treasury services of Westpac and other world class banking institutions. Customer funds are completely segregated, thereby assuring clients that their funds are held with clarity, integrity and security. Each client account comes with a unique code ensuring it is only to be used for that customer’s funding purposes. Established in 2015 in both the UK and Australia, FXGiants is a registered brand of Cyprus. In the United Kingdom, FXGiants is based in London and is a trade name of 8Safe UK Ltd, while FXGiants is a trade name of GVS Pty Limited in Australia. The two forex brokers were registered with financial regulatory bodies in their respective countries after becoming FXGiants in 2015 and 2016.

Complete security is guaranteed, since all information is securely encrypted. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed. Tell our team and traders worldwide about your experience in our User Reviews tab. A demo account is available, as is typical with nearly all spot Forex brokers.

You can also share your trading experience with FxGiants by commenting on this review. Withdrawals can be made from the client portal via debit/credit cards, bank wire, Neteller, Skrill, Coinbase and UnionPay. FXGiants does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria and North Korea. Questions relating to education level, trading experience, trading knowledge and risk profile.

Trading Forex, CFDs and other leveraged derivatives is considered a high risk investment and may not be suitable for everyone. We do not provide investment advice and the bonuses or promotions offered by brokers are listed for comparative purposes only. Please read our Terms and Conditions and Privacy Policy for more information, and NFA’s Forex Investor Alert. Although I had read various reviews before, and opinions were divided, someone wrote that they were deducing, and someone wrote that they were deceivers. This broker allows users to trade on several financial markets with one account.

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