FXTradeMarket

FXTradeMarket presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of FXTradeMarket uncovered.

Who is FXTradeMarket?

On the surface, FXTradeMarket looks like an ordinary forex and crypto broker. Its public site is presented at https://www.fxtrademarket.com/. But surface impressions are exactly what these operations rely on — the substance behind FXTradeMarket is where the problems begin.

Is FXTradeMarket regulated?

We could find no evidence that FXTradeMarket holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Unrealistic profit claims and pressure to deposit more
• Account dashboards that show “gains” with no real market exposure
• Aggressive “account managers” coaching clients to deposit
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
• No credible physical address or verifiable corporate record

Our analysis

According to its website, FXTradeMarket is located in the UK, after our verification, although it was found in the Financial Conduct Authority (FCA), they were listed as unauthorized brokers. The truth is that FXTradeMarket is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Can you recover money lost to FXTradeMarket?

If you have deposited with FXTradeMarket, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.