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FVP Trade -

Score

1.51 /10
Danger

FVP Trade

United Kingdom

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

United Kingdom Payment License Revoked

Suspicious Overrun

High potential risk

https://fvptrade.info

Influence

D

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Comparison

Quantity 102

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.03

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

FVP trade Ltd

Company Abbreviation

FVP Trade

Platform registered country and region

United Kingdom

Company website

X

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Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 8
Previous Detection : 2025-04-30
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Survey

Danger

FVP Trade

United Kingdom

WikiFX Verification

Exposure

102 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw

Unable to withdraw. Please return our money. Please return our principal.

ZHENGSHAN
2023-02-25 15:02
Unable to Withdraw

Fraud platform

Fraud platform. Unable to withdraw. It is said three months, but it has been half a year.

MOLU90204
2022-11-25 09:44
Unable to Withdraw

FVP return our money! Return money! Return money! Return money!

Return our principle! FVP is deceiving us and induce to invest. Then, they abscond very quick and disappear!

ERXIAOJIE28416
2023-01-30 08:24
Unable to Withdraw

Unable to withdraw

This is a fraud broker and cannot withdraw. Ask you to deposit first, but do not withdraw later. Fraud platform

GUPIAO
2023-02-21 02:37
FVP Trade · Company summary
FVP TradeReview Summary
Founded2023-02-09
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone(ASIC), Revoked(FCA)
Market InstrumentsForex, Metals, Indices, Commodities, Cryptocurrencies
Demo Account✅
Leverage/
SpreadCompetitive
Trading PlatformMT4
Min Deposit/
Customer SupportEmail: info@fvptrade.info
Facebook, LinkedIn, Instagram, Twitter, YouTube

FVP Trade Information

FVP Trade is a newly registered CDF broker specializing in various financial markets access to FX, indices, commodities, and other CFDs. The broker provides a demo account and 24/5 Multilingual Customer Service. Traders also can access the MT4 trading platform through FVP Trade. However, FVP Trade is still risky due to its abnormal supervision, incomplete necessary information, and negative voices.

FVP Trade Information

Pros and Cons

Pros Cons
24/5 Multilingual Customer ServiceSuspicious Clone, Revoked
MT4 availableNo fee information
Demo account availableUnspecific account and withdrawal information
Some negative information: unable to withdrawal

Is FVP Trade Legit?

The Australia Securities & Investment Commission(ASIC) regulates FVP Trade with license number 001289584 and License Type Appointed Representative(AR). However, the 'Suspicious Clone' current status is less safe than a regulated one. Financial Conduct Authority also regulates FVP Trade(FCA) under Revoked status.

This is inconsistent with the broker's claims of being compliant and regulated. There seems to be suspicion of concealing actual supervision. Traders should pay attention.

Is FVP Trade Legit?
Is FVP Trade Legit?
Is FVP Trade Legit?

What Can I Trade on FVP Trade?

FVP Trade offers various market instruments access to over 100 instruments, including currency pairs, indices, commodities, metals, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Precious Metals✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on FVP Trade?

Trading Platform

Traders can conduct financial activities in MT4 with various trading strategies and implement EA systems. Junior traders prefer MT4 over MT5.

Trading PlatformSupported Available Devices Suitable for
MT4✔-Junior traders

Deposit and Withdrawal

FVP Trade accepts MasterCard, VISA, PayPal, Skrill, Yandex, NETELLER, UnionPay, and more for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

News

NewsFVP Trade: Fake or Real ?

FVP Trade is a forex broker based in the United Kingdom. As a brokerage firm, it offers a variety of trading instruments to its clients, including forex currency pairs, commodities, indices, cryptocurrencies, and metals.

WikiFX
2023-10-18 17:58
FVP Trade: Fake or Real ?

Exposure5 Biggest Financial (Forex) Fraud Cases in Recent History

Forex trading is one of the most beneficial and riskiest businesses in the financial market. However, the entire financial sector is still riddled with traps despite increased efforts by national regulators. Today we look at five well-known cases of financial fraud in recent years.

WikiFX
2023-03-04 08:00
5 Biggest Financial (Forex) Fraud Cases in Recent History

ExposureWikiFX Ranking: The Top 5 Most Dangerous Brokers in February 2023

There are many scam brokers in the forex market. With the passing of February, WikiFX has listed the top 5 most disreputable brokers in February 2023 to warn you of potential pitfalls.

WikiFX
2023-03-01 16:52
WikiFX Ranking: The Top 5 Most Dangerous Brokers in February 2023

ExposureSITI prepares a class action against FVP Trade as Italian victims complain about FVP Trade fraud.

Italian victims complain to SITI about FVP Trade fraud. SITI is preparing a collective redress (Class Action) against this broker and is calling on investors to provide more evidence so that FVP Trade can be brought to justice.

WikiFX
2022-10-26 11:27
SITI prepares a class action against FVP Trade as Italian victims complain about FVP Trade fraud.

ExposureFVP Trade has been confirmed to have absconded.

In the previous articles, WikiFX has exposed FVP Trade to the public. We recently got the latest news about this broker. According to some reports, this broker has absconded.

WikiFX
2022-10-19 17:30
FVP Trade has been confirmed to have absconded.

NewsRenault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"

On July 8, the vehicle manufacturer's website revealed the two firms' collaboration. On that occasion, Otmar Szafnauer, Team Principal of the BWT Alpine F1 team, made a statement.

WikiFX
2022-09-13 13:56
Renault Alpine Declines FVP Trade: "We No Longer Have Any Relationship"

ExposureNews Update: FVP Trade has just announced a new statement about its current situation on August 25

On August 25, FVP Trade once again announced a new statement about its current situation. What is the content of this new statement? Is FVP Trade finally unfreezing the money? Or is it just another meaningless excuse? Keep reading to figure out the truth.

WikiFX
2022-08-25 17:07
News Update: FVP Trade has just announced a new statement about its current situation on August 25

News3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money

As of August 19, 2022, WikiFX has exposed a lot of scammers in the forex market. These scam brokers have caused a heavy financial loss to its forex traders, we wonder why so many traders continually fall into scammers’ “trap”. In today’s article, we will describe 3 tricky methods that unscrupulous brokers prefer to use in order to take clients’ money away fraudulently.

WikiFX
2022-08-20 09:00
3 Tricky Methods That Many Forex Brokers Cheat And Steal Your Money
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User comment

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Comments

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万奇
more than one year
Horrible company. You will never get your money back. If you buy an account you'll be assisted for the first 2 days but once you request a withdrawal you'll be ignored. It's been 2 weeks and I still haven't received any email from this company. I hope this review is seen by everyone before joining. No one should be scammed.
Horrible company. You will never get your money back. If you buy an account you'll be assisted for the first 2 days but once you request a withdrawal you'll be ignored. It's been 2 weeks and I still haven't received any email from this company. I hope this review is seen by everyone before joining. No one should be scammed.
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2023-02-20 16:00
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dhewsh
more than one year
The desktop trading platform still times you out every 30 seconds and doesn't allow you to use it. I've lodged a complaint with support, but it's not resolved yet. I've introduced new traders who are more accustomed to using desktop platforms compared to MetaTrader, but I have to advise them to pause their trading or stop altogether so they don't lose money.
The desktop trading platform still times you out every 30 seconds and doesn't allow you to use it. I've lodged a complaint with support, but it's not resolved yet. I've introduced new traders who are more accustomed to using desktop platforms compared to MetaTrader, but I have to advise them to pause their trading or stop altogether so they don't lose money.
Translate to English
2024-03-22 16:11
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