https://www.fxclearing.com/ (FXCL) Markets Ltd. – Forex SCAMM Company! Be carefull!
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.
Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.
Base information about Fxclearing.com Forex SCAM company:
Real adress in Philipines and company name is:
Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520
Top managment of stealer who scam money of clients:
Juan Belleza Jr
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409
Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
Allen Roel Costales
522 Tanglaw St. Mandaluyong City Barnagay Plainview
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
639175048891 / 639991854086
All of this persons need be condemned and moved in Jail.
!!!!!STOP STEAL Philippines MONEY!!!!!!
A forex account is a trading account held by a trader with a company like FXCL, that is issued with the primary purpose of trading through its platforms. The broker FXCL age was introduced in 2014 with the aim to offer traders globally opportunities to trade Forex, commodities, indices, and stocks with the use of up-to-date market technology in a transparent and safe trading environment. It is a globally decentralized market where businesses, investors, banks, governments and traders come to exchange currencies. Being the largest and the most liquid market in today’s world, forex trading has reached stupendous levels of popularity, resulting in an average daily turnover exceeding approximately $5 trillion. This is a risk free account, which allows traders to practice trading via the various platforms without having to commit any funds. Traders can use this account type to test the broker FXCL ’s web-trader, mobile platform and the MT4 platform server.
MiFID is a European regulation that increases the transparency across the European Union’s financial markets and standardizes the regulatory disclosures required for firms operating in the European Union. The bonus usually compensates traders for choosing a certain broker FXCL , since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader, once the person has proved himself as an active trader. Although FXCL is rated highly by some customers in personal reviews, there is no definite information available on the FXCL homepage about any awards the company had received. In the world of forex broker FXCL companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation. In order to withdraw the cash bonus received along with profits earned from trading the bonus, traders must reach achieve a trading volume of 10,000 for every $1.00 worth of bonus. WebTrader allows each trader to access detailed statistic about all open and closed trades in a visual fashion. Includes several methods of analysis and statistics can be viewed over multiple time frames. There are no deposit fees charged to the client but some fees are imposed on certain types of withdrawals.
Features of FXCL
Bitcoin is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap. The company also charges a fixed swap fee on commodities and indices for keeping a position overnight open. The FOREX SCAM cost of trading depends on different factors like commissions, spreads, and margins. The company is owned and operated by Rodeler Ltd. and regulated by CySEC in Cyprus. They also comply with The Markets in Financial Instruments Directive regulation.
The WebTrader, powered by Sirix, is a cutting edge, web based trading platform that gives traders full access to market information from any internet connected device that supports a web browser. Clients of FXCL can access the WebTrader to gain unparalleled control over trading decisions and have complete market access at their fingertips. There is no clear information on the deposit bonus but the landing page indicates that the broker FXCL offers traders a welcome bonus of up to $10,000 upon funding their accounts. This amount depends on the level of deposit made by the client and cannot be withdrawn unless a trader meets the requirements put down in the bonus policy. FXCL is a Forex broker FXCL owned and operated by Rodeler Ltd, located in Cyprus and regulated by CySec and MiFid. It was introduced in 2014 and offers global traders opportunities to trade Forex, Commodities, Indices and Stocks with the latest market technology in a completely transparent trading environment. You can also easily use the broker FXCL ’s mobile trading platform if you prefer trading on your mobile devices, and if you don’t want to download the platform to your computer, you can always use Webtrader instead.
In order for buying or selling an index to be halal, we would have to know that every single company within that index would be halal as an individual share. This is unlikely to be the case, unless the index is from the stock market of an Islamic country which imposes Islamic law upon its stock market. Therefore, the question as to whether trading such indices is halal is an important one. Having reduced the issue to one of trading spot Forex and assuming there is no interest element deemed to be involved, we move onto the next issue.
They have developed Mobile version of their trading platform for iOS and other operating system cellphones or tablets. Traders can easily utilize the particular features designed on Mobile App. They provide multilingual and dedicated support to assist their clients with highest standards and services around the world. FXCL’s biggest downfalls are their slightly less than competitive spreads and their lack of ability to accept US traders. This broker FXCL may be new to the game, but they provide an impressive amount of features and educational resources for clients. Traditional-style short selling, where stocks or shares are borrowed at interest to be sold, is widely agreed to be haram.
FXCL is fairly new, therefore lauded for its good choice of account types, the platforms offered, and easy-to-use website. Although a bonus is offered according to the landing page of their website, there is uncertainty on how it works. The Sirix powered WebTrader gives traders access to market information from any kind of internet-connected device that supports a web browser. Clients of FXCL can access their WebTrader platform for any trading decision and have complete market access at their fingertips at all times. This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus. Execution-only broker FXCL s, which do not involve in personal investment advice and give traders complete control over how they trade the markets, usually charge lower commissions. The 24 Trader app for Android delivers a broad spectrum of financial trading tools and capital markets insight with high performance and functionality in one efficient, easy to use app.
In life we are confronted with many choices, the outcome of which is unclear, and we strive to use intelligence and skill in choosing the available option that will produce the superior outcome. However, we then must go on to say that gambling is strictly forbidden by Islamic law, even as a form of recreation or entertainment when undertaken with small monies which the gambler might be said to be able to afford to lose. There is also the option to open an Islamic account, which is ideal for investors of the Muslim faith who require an account that is operated within Sharia law. Withdrawals are processed within seven days for the Silver account, five days for a Gold account, and two days for a platinum account. Some fees are charged on certain types of withdrawals and fees from financial institutions may apply. More information on commissions can be obtained from the customer support service.
The types of trading accounts are Silver Trading Account (Minimum Deposit $250), Gold Trading Account (Minimum Deposit $5000), Platinum Trading Account (Minimum Deposit $20,000). The Silver account is designed for the use of novice traders and requires a minimum deposit of $250. The benefits of this account include withdrawals within 7 days, fixed spreads, hedging and minimum lot sizes of 0.01. The latest financial information, newsfeeds, daily reports and daily market reviews are offered and fundamental and technical analysis provide traders with the information they need to trade profitably and with reduced risks. The Silver account requires a minimum deposit of $250; $5,0000 is needed to open a Gold account and $20,000 for the Platinum account. All three accounts use a fixed spread, have a minimum order of 0.01 and offer the use of hedging. The Gold and Platinum accounts benefit from 24/5 support, videos and webinars, news alerts and dedicated account managers. Trading at FXCL broker FXCL can be performed on MetaTrader 4 platform or Sirix WebTrader. Both platforms have already proven that the platforms for the traders have nothing to worry about their reliability, credibility and efficiency.
As we have already highlighted in the first paragraph of our article, FXCL is a broker FXCL regulated by CySEC – the financial regulatory agency of Cyprus, meaning they can do business in any of the European Union member-states. Furthermore, the traders’ funds are held in the accounts that are separated from those used by the company, which only increases the level of broker FXCL ’s safety. Also, we would like to emphasize once more that we have tested all types of monetary transactions offered here and we had no problems at all. Considering all of that, asking is FXCL a scam really seems unnecessary. However, if you want to learn more about this company and what it has to offer, read our FXCL Review 2016. Every trader needs to know how to deposit and withdraw funds with their broker FXCL . You can fund your account by using major credit cards , wire and bank transfer, but you can also use some alternative methods . As already stated here in FXCL Review 2016, the minimum deposit is $250, but you can also deposit in other currencies . Should you have any questions, FXCL Contact offers more than enough ways to find answers.
The company must not conduct business or invest in a business which is unacceptable under Islamic law. For example, it would be forbidden to trade in the shares of a casino. However, in most cases, the trader never takes ownership of the shares, and is really only taking a position on whether the price of the shares rises or falls. Many terms used in Forex derive from stock trading, as Forex trading in the modern sense was mostly unknown until about the year 2000. In fact, before the 1970s, the exchange rates between almost all major currencies were fixed. We can start by saying that Islam recognizes that nearly all adult human beings strive to improve their financial positions, and that life involves a large element of uncertainty.
- Also, 24 Options is offering CFD’s on up and coming U.S Stocks, like Google, Apple and Facebook.
- For example, when you are dealing with the same kind of currency (e.g. dollar for dollar), the exchange needs to be of equal amounts (e.g. 1 dollar for 1 dollar).
- Equity indices are representative baskets of all the shares trading on a particular stock market.
- Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market.
- The account managers have a strong background in the financial industry and are available round the clock by Skype, phone and email with advice and assistance.
There is also a fixed swap fee on commodities and indices for keeping the position open overnight. The account managers have a strong background in the financial industry and are available round the clock by Skype, phone and email with advice and assistance. Representatives can be reached at the main offices in London and Cyprus as well as at their office in France. Live Chat did not come on automatically but is offered by clicking on a button at the top of the page. A full glossary of financial terms and a FAQ page with information on procedures for opening a trading account and how to fund it are available. An economic calendar is available to keep traders apprised of all the upcoming economic reports from countries around the world and the Asset Index shows the most up-to-date prices which are provided through of the broker FXCL ’s liquidity provider. Gold accounts minimum spreads are slightly lower with the minimum starting at 2 pips. Platinum accounts enjoy the best spreads with the lowest being 1.5 pips. And you can leave the pool and retrieve your tokens after 30 days lockup period. But, when it comes to the wallet, it is always ideal to choose the top bitcoin wallet for a better experience and safety.
There is a choice of several trading accounts as well as demo and Islamic accounts so no one is excluded from becoming a FXCL client. The trading platforms are the best in the industry—MetaTrader4 and WebTrader–and a mobile trading app can be downloaded and used from anywhere at any time. The website is easily navigated and is available in several different languages. Forexscambuster.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it.
Fortunately, this is not a problem in Forex trading, as currencies are paired, so “going short” in Forex does not necessarily have to involve borrowing any asset or any interest element. It should be stressed that though we’ve researched the issue of Islamic Forex and its validity within Islamic law at length, we are in no way attempting to provide religious guidance for readers of this article or their acquaintances. As evidenced in the research presented here, there are certainly many people who believe that in the right circumstances, Islamic Forex trading is permissible. However, there may be some that aren’t comfortable using these workarounds, and this is a completely valid approach as well. A solid and respectable Forex broker FXCL will have concrete answers and will make you feel at ease, not uncomfortable. There are a number of Sharia-compliant equity indices, but unfortunately, very few Forex / CFD broker FXCL s offer them for trading. However, “regular” spot Forex trading offered by Forex broker FXCL s, with no overnight interest payments or charges, could clear the hurdle of riba.
Trading cubes allow the trader to see all their preferred assets at a glance and make trades with rapidly. MetaTrader 4 is well known for its ease of use and intuitive interface. It offers traders multiple methods for opening and closing trades, even right from the chart. MetaTrader 4 is the most popular charting and analysis software, offering quick execution, all the charting and analysis capability that any trader could wish for, and immediate order execution right from the chart. Liquidating your asset due to loan default can be costly; IFX24 offers traders a chance to borrow directly from IFX24 liquidity pool protocol to offset their loan instantly.
Anyways there are some companies that are developing and prevails the trend. The best established broker FXCL 24Option has launched a trading platform recently called FXCL.com that seeks to provide services on forex and trading related services. The FXCL brand is a misnomer since the broker FXCL really deals in the whole gamut of individual stocks, indices, commodities, and the ever-popular crude oil and precious metals (in CFD’s). For the most part, the last three trades are futures trades, involving selling short or buying long. There is no thought to actually taking receipt of the crude, gold, silver or platinum ingots in future. There is a large number of Shariah-compliant ETFs and these can be another option for Muslims who want to be exposed to a broad range of shariah-compliant stocks. This leaves the case of lesser-known companies who may not have been assessed much, if at all, by Islamic authorities. Here, the trader may need to apply the laws concerning which stocks are halal themselves if the broker FXCL offers no help and there is nothing online. As they are regulated, they can be considered to be reliable and reputable, and with their various account types they cater for the needs of all kinds of investors. Their range of payment methods and excellent customer service also makes this a good choice of broker FXCL .
*Information not comfirmed*