FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.
Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)
Recently, there have been complaints from investors via the FxGecko APP regarding the unauthorized and malicious deduction of profits and commissions from their accounts by FP Markets.
The complainant revealed: On March 8th, I was trading on FP Markets using EA automated trading. I deposited 700andreceivedacommissionof100. As of April 30th, my account had a profit of 591.44.However,uponloggingintomyaccounttoday,Idiscoveredthat709.27 had been deducted from my account, leaving me completely bewildered. I did not receive any email explanation for this deduction. This innocent deduction is unacceptable. My account number is 63520710. There is no difference between such a platform and a fraudulent one.
Introduction to FP Markets:
FP Markets, a global trading broker, offers traders access to trade CFDs in Forex, stocks, commodities, and futures.
Traders can access over 10,000 trading products through a range of industry-leading platforms including MT4, MT5, IRESS, and Webtrader.
Founded in 2005, FP Markets is regulated in Australia and has grown to become one of the largest and most respected participants in the industry. Our company's vision is to create an exceptional Forex trading destination that enables traders to access a comprehensive range of products in global markets. The convenience of being able to trade CFDs across Forex, stocks, indices, commodities, and cryptocurrencies through a single account is one of the key reasons traders choose FP Markets.
FP Markets, as displayed on the FxGecko APP, holds three regulatory licenses. It claims to have an Australian ASIC MM market-making license and a Cyprus CySEC STP license, both in a regulated status. However, its St. Vincent and the Grenadines FSA financial services license is currently operating beyond its authorized scope.
FxGecko Risk Alert: There are 54 monitoring and warning notifications for FP Markets. Please note the early warning!
FP Markets, despite scoring 7.7 on the FxGecko APP, is recommended to be chosen with caution by investors, as a high score on FxGecko does not necessarily indicate that the platform is without issues.
