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ALERT | FXEdge Market Review: Is it Legit or a Scam

FXE Logo
1.5
Rated 1.5 out of 5
Scam Company
1.5 out of 5 stars (based on 2 reviews)

FXEdge Market Investigation Highlights

Item Description Website Information
COMPANY NAME:
FXEdge Market
COMPANY ADMIN:
Unknown
REGULATION:
Unregulated
HEADQUARTERS
88 Queensway, London, Select State, W2 3RR
OPINION ON SOCIAL MEDIA AND REVIEW SITES:
Negative
PRIMARY PHONE NUMBER:
Unknown
CONTACT EMAIL:
WEBSITE URL:
https://fxedgemarket.com/
WEBSITE IP:
51.89.87.113
IP COUNTRY:
Germany
DOMAIN CREATION DATE:
2022-06-0
HOSTING:
OVH SAS

What Is FXEdge Market About?

FedgeMarket

A brokerage firm called FXEdge was founded in 2014. It offers a variety of trading options through MetaTrader 4, including currency pairs, metals, and other financial assets.

Along with automated trading, the organization permits scalping tactics and position hedging. Traders have direct access to several liquidity sources in the foreign exchange market thanks to FX-EDGE.

The broker also provides its clients with a variety of training resources. Any questions you may have regarding trading can be answered at any time by the FXEdge customer support team. Moreover, according to their website, the FXEdge market is a team of software developers, designers, and financial geeks to alter how the world views investment in cryptocurrencies.

Welcome to Fedge Market

What Is FXEdge Market Promising To The Clients

Every trader may feel at ease with FXEdge, and every trading system must perform flawlessly under its trading conditions.With assured execution at more than 50,000 deals per second, you can trade from anywhere. You might obtain market news, economic news, forex signals, trading tools, and many other crucial things related to currency trading if you choose to register an account with FX-EDGE. Additionally, they provide a referral program where you can recommend friends and other benefits. But, the question arises Can FXEdge Market be trusted?

Is FXEdge Market Legit Or A Scam?

We exclusively recommend regulated offshore brokers because working with unlicensed ones is extremely risky.

It’s believed that the FXEdge Market is a fraud.

It has been proven, for instance, that brokers who are supervised by the FCA (Britain) and CySEC (Cyprus), two organizations that enforce strict legislation to ensure the safety of clients’ money, are both safe.

Did you get the answer to Is FXEdge Market a scam? The answer is Yes!

IS FXEdge Market Licensed?

This business is primarily targeted at UK citizens but has not received authorization from the Financial Conduct Authority (FCA).

The likelihood that you’ll receive your money back if something goes wrong is low because you won’t be protected by the Financial Services Compensation Scheme (FSCS) or have access to the Financial Ombudsman Service.

FCA

Investment firm FXEdge Market is unregulated. Because there will be no recourse available if the company is liquidated or a client is scammed, investors run a substantial risk. The victim is unable to receive assistance from financial regulators or the financial ombudsman. Furthermore, the company’s registration number is registered to another company.

Company Registration

Gov UK

We found that FXEdge Market has similar websites. Upon further investigation, we found that their structure and offers are similar and we didn’t find any mention of affiliation between the websites. On the list, FXEdge Market seems to be the youngest website which was made in mid-2022. We suspect that this might be a network of unauthorized offshore brokers or the sites could be involved in a scam network.

List of similar sites:

  • https://fxcurrencysys.com/
  • https://evergreenanalysis.com/
  • https://protraderunit.com/
  • https://excaliburfxltd.com
  • https://lintstrading.com/

Duplicates Sites

FXEdge Market Opinions On Review Sites, Social Media, And Contact Information

The people behind this organization are unknown and have kept a secret identity, which is quite suspicious! 

There is no social media presence along with no phone number. They also have a lot of negative sentiments on review sites. Furthermore, based on the Scam Advisor Website trust rating is low.

Scam Adviser

Scam Adviser

DO YOU NEED EXPERT ADVICE?

We have encountered victims who were mentally and emotionally drained when they were scammed out of their money. We can help you with your legal and technical concerns. We can help you get your money back.

Comparing FXEdge Market To Well Established Companies

Customers of FX-Edge can trade both currencies and precious metals. With this broker, 41 currency pairings are accessible. 

The broker permits the use of the scalping trading strategy. Additionally, clients can create new positions. Furthermore, FX-Edge traders have access to automated trading. A demo platform and instructions are available on the broker’s official website, which may be used by traders to create their trading strategies.

However, Binance provides more than 65 tradable coins for customers in the United States. As a result, cryptocurrency investors and traders have numerous options. 

Trades can keep more of their profits thanks to the platform’s low costs. A few of the trading options offered by Binance include spot trading, margin trading, and peer-to-peer trading. Limit orders, market orders, stop-limit orders, stop market orders, trailing stop orders, post-only orders, and orders in which one cancels the other are only a few of the available numerous order types. Customers in the United States cannot use some of these products, like margin trading.

How To Get Your Money Back If You Were Scammed By FXEdge Market

Money Back

Investors who choose to deal with unregistered brokers are taking a big risk with their money.

A fully regulated broker offers traders safeguards against scams, which is essential in any scenario where things go wrong.

In addition to having a piece of mind knowing that their broker must go by all laws and regulations established by their regulatory body, which protects them from unfair treatment, investors who choose a licensed broker can get cash compensation if their brokerage firm fails.

But if you’ve been scammed, start by contacting the police, the relevant authorities, and fraud prevention organizations. Reduce financial loss by deactivating your cards and informing your bank.

You can’t do much if you deposited cryptocurrencies, but you can submit a chargeback. The procedure is really simple, and we are here to help you at every stage. Send me or any other The Claimers representative an email using our contact page, and we’ll get to work processing your asset recovery application in the following 8 to 12 hours.We hope this FXEdge Market review answered all of your questions about this particular broker. Please beware of such frauds and always find licensed and honest brokers to make sure your money is safe.

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