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FVP Trade

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Operating status: SCAM

Website: https://fvptrade.com

Broker violations and abnormal records
  • 2021-07-13 BrokersView has reviewed that FVP Trade is an unregulated forex broker
    FVP Trade claims to be registered in the BVI (Registration number: 1958626) and regulated by the FINTRAC (MSB License No: M21364520), NFA (No: 0536360) and ASIC (AFS Representative Number: 001289584). However, BrokersView found that there are no matching records on the regulators' websites mentioned above. Therefore, it is a scam broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws.
    FVP Trade claims to be registered in the BVI (Registration number: 1958626) and regulated by the FINTRAC (MSB License No: M21364520), NFA (No: 0536360) and ASIC (AFS Representative Number: 001289584). However, BrokersView found that there are no matching records on the regulators' websites mentioned above. Therefore, it is a scam broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws.

Related Complaints

Q&A Complaints

Could you confirm if FVP Trade is regulated?

linchris
Singapore
2022-01-27
ANSWER FVP Trade is not a legit broker and should be avoided at all events. FVP Trade claims to be registered in the BVI (Registration number: 1958626) and regulated by the FINTRAC (MSB License No: M21364520), and FCA (FCA License Number: 956489). However, BrokersView found that there are no matching records on the regulators' websites mentioned above. So FVP Trade is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders to stay away from unregulated brokers like FVP Trade and trade with licensed brokers.
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12 comments

Isaac Ramli

They don't know where they are registered, they don't have a license from the regulator. I think it's more like pseudo-trading. And there are a lot of negative reviews about FVP Trade, where clients complain about manipulations on the part of the company. I advise you not to trust FVP Trade.
2023-09-15

Alessandro Phonseya

FVP Trade is the worst company I have ever worked with. I deposited $500 with them and now I can't withdraw it.
2023-09-12

Armghan Saprykin

FVP Trade's trading platform is rigged against traders. They manipulate trades and spreads to ensure you can never win.
2023-09-06

Wayne Balbas

Its very difficult and take a lot of time to withdraw. Sometime I do not get the full amount that I withdraw and the broker cannot give a clear and resonable explanation. Also there is no more customer support or any officer to handle my inquiries directly which make me feel uncomfortable and insecure. I lately cannot withdraw my profit and even my original fund on my account for some reason. The condition of bonus is quite suspected to cheat customer. I totally don't recommend this broker.
2023-09-01

Anastasis Welton

Do not make the mistake of trusting FVP Trade. They are criminals who prey on innocent people looking to invest their hard-earned money.
2023-08-30

Patrick HAJHAMOU

Customer support at FVP Trade is a joke. They ignore your complaints and requests for help once they have your money.
2023-08-29

Robert Consultant

I experienced constant price manipulation on FVP Trade's platform, causing me to lose money on every trade. This platform is a total scam.
2023-08-23

Penny Trinh

Their educational materials are designed to lure you in, but it's all smoke and mirrors. FVP Trade's sole purpose is to steal your money.
2022-08-18

Mikhail Saiyed

Withdrawals from FVP Trade are a nightmare. They come up with excuses to delay payments, and you'll be lucky to get any money back.
2022-08-16

Tomoko Farkouh

Stay far away from FVP Trade! They use manipulative tactics to convince you to invest, and then they disappear with your funds.
2022-08-14

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