FXGrow Capital Review
Welcome to our review on FXGrow Capital.
We will explain why it is a scam that should be avoided by all means.
FXGrow Capital is a dubious unregulated broker just like Vandebeek Wealth Management.
It was founded in 2012 and its headquarters are in Cyprus. The minimum deposit is $100 and they claim that they are being used by over 10000 traders.
One of the characteristics of offshore brokers is that they are anonymous and can disappear at any time without any notice whatsoever.
Offshore brokers more often than not, abuse regulations and they are not reliable at all.
The broker is not registered and regulated. It is a requirement that all financial services providers are registered and regulated in the jurisdictions that they are operating in. Lack of regulation is a major indication that this broker is a scam that cannot be trusted by your money.
Is your money safe with FXGrow Capital?
Your money is definitely not safe with this broker. They have withheld key information about themselves which brings us to the conclusion that this is an offshore brokerage firm.
This broker has not provided any banking information thus they may go bankrupt any time.
In addition to the above, Vandebeek Wealth Management is a clone of an FCA authorized firm. They will disguise themselves as an authorised firm to defraud you thinking that you are dealing with a legitimate company.
Should you invest in FXGrow Capital?
Once you deposit the minimum amount required , we guarantee that you’ll definitely lose it.
This broker is making money off you and in the most fraudulent ways while not caring about the losses you are making.
That is why even their trading conditions are not good.
FXGrow Capital is a scam which will dube you to invest with them then they unceremoniously disappear with your money.
Have you been scammed by this broker? CLICK HERE to recover your money.