FXUSolution Trading Platform Review: High Risk (Suspected Fraud)

FXUSolution Overview

FXUSolution is Foreign Exchange Custody Platform Rankinga forex broker registered and established in the United Kingdom, primarily offering trading services in forex, precious metals, commodities, and indices to investors. According to information on the FXUSolution official website, the company is registered in the UK. But the Companies House website in the UK did not yield any registration information related to this company. This suggests that the broker may be engaged in false advertising regarding its company registration information.

Domain Registration of FXUSolution

The Whois query for the website domain registration information indicates that the official website domain of the company was registered on October 30, 2023, and the domain registration period does not exceed one year from the present.

Is FXUSolution legit or a scam? Does FXUSolution have any regulatory licenses?

In the company introduction section of its official website, FXUSolution states that it is regulated by the U.S. MSB (Money Services Business) regulatory framework. Indeed, Traderknows found relevant registration information for this broker on the official website of FinCEN MSB (U.S. MSB). However, it is important to note that FinCEN MSB is a supervisory organization for anti-money laundering purposes and does not provide any oversight for the forex margin trading activities conducted by FXUSolution. Therefore, FXUSolution appears to be taking advantage of investors' limited knowledge of regulatory authorities, engaging in false advertising, and operating unlawfully.

Employees of FXUSolution

Traderknows was unable to find any information about the company's team members on public networks.

Trading Software Provided by FXUSolution

The official website of FXUSolution indicates that the company provides investors with MetaTrader 5 (MT5) trading software. The MT5 software offered by Ivision Market supports both desktop versions (Windows/MacOS) and mobile versions (iOS/Android).

Online Reputation and Client Complaints:

Unregulated and Fraud Risks: FXUSolution is an unregulated forex broker, implying that customers lack protective measures and may be exposed to financial risks. Unregulated brokers of this kind often attract clients by offering overly favorable trading conditions, which could later lead to delays in the withdrawal process or refusal of refunds.

Trading Products Provided by FXUSolution

The official website of FXUSolution states that the company provides investors with trading services in forex, precious metals, commodities, and indices. However, The website lacks specific information on commissions, spreads, minimum and maximum trade sizes, overnight interest, and other details for individual trading products.

Contact Information

This broker only supports email and lacks other contact methods such as phone and real-time chat.

Conclusion

FXUSolution is a forex broker engaging in illegal financial activities by utilizing false regulatory information. The broker has not disclosed any crucial information concerning user fund security, corporate employees, or registered address. Currently, this broker is labeled as "Suspected Fraud" on Traderknows. We caution you that FXUSolution is a highly risky forex trading platform. Please steer clear of this platform to avoid potential financial losses to your personal assets.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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