FXBeat is a typical Forex scammer

Theft of funds by offices that call themselves experienced brokers is a typical problem. Such scammers buy sites with a long history, place self-promotion at every step, promising mountains of gold, which gullible newcomers are successfully led to. As soon as the scammers hook the newbie, they put on a performance of trading in front of the person and drain money or cheat during the withdrawal on commissions, taxes and checks.

In general, scammers have many options for deceiving the population, and the FXBeat scam is no exception in this regard. The creators of the sharashka office bought the site recently, prescribed non-existent benefits for themselves, hoping that no one would check this information, but they are focused on gullible beginners who do not understand anything about stock trading.

A short overview of the site and its offers

Considering the FHBit scam resource, you can immediately emphasize that the quality of its design and content is not as good as that of real brokers. As for the company's offers for customers and information regarding the work of a stockbroker, these data are as follows:

• traders will be able to take investments to a new level;
• spreads start from 0 pips;
• support from the experts of the exchange trader is available around the clock 7 days a week;
• maximum leverage 1:20;
• users can work without commission;
• you can work with stocks, raw materials, Forex, indices;
• there are no hidden fees, access to the markets around the clock for a whole week;
• multilingual customer support;
• the broker platform is powerful and secure;
• the company in the industry for 7 years, received more than 50 awards;
• more than 18 thousand transactions are carried out on the site every day;

• the company's platform is awarded;
• withdraw funds from FXBeat quickly and conveniently;
• immediately after registration, the user will be able to start trading on FXBeat;
• the company updates the latest news on the website regularly;
• the broker provides services in 190 countries of the world;
• the site has a certificate of workmanship, you can get protection against a negative balance;
• customers can receive comprehensive reports, use free documents in their work.

Having fully studied the company's website, it is worth saying that not all important aspects of its work are described accurately and in detail, which makes you wary. Many of the data on the site are inserted with pictures, there is no additional information and reviews about FXBeat on the network, so it turns out that the company cannot claim the role of a global exchange trader, it simply tells beautiful tales, luring money out of ordinary people.

Signs of a scam on the FXBeat website

The presented company completely failed the check on all important parameters, which proves its fraudulent intentions towards customers. It’s worth starting a review of FXBeat and evidence of the company’s fraud with the fact that the domain where the office is located was registered in 2004, but here the broker talks about 7 years of work experience, but the owner’s website changed in 2022, so there is a complete inconsistency here.

Further, it can be noted that the company talks about numerous awards that it received itself and went to the author's terminal, but this is not true. If an office has created a cheap site that is not adapted for correct viewing on devices with different screens, then scammers who have a real work experience of a couple of months will definitely not invest a lot of money for copyright software.

Not only is the data on awards fake here, it is also impossible to find such a company on the cards in St. Vincent, and the broker does not have licenses to conduct activities. The trading conditions on the site are not described in detail, they did not tell clients about the minimum deposit amount, available accounts, trading profiles.

The office does not have an agreement, there is only an English-language Privacy Policy, which is written as standard, like other scammers. The level of attendance of the FXBeat scam is low, and the owner of the project hides information about himself using paid services.

All the presented facts clearly confirm that the project is a banal sharashka office focused on impudent deception. These scammers lure newbies to themselves with beautiful offers, then swindle them by stealing money, and they didn’t describe the specific conditions for cooperation so that it would be easier to throw money at people on an individual basis.

Information about the site of a fresh scam

A full review of the official FXBeat website allows you to confirm that the project is a typical scam, deceiving at every turn. The main parameters of the site, which prove its dishonest intentions, are as follows:

• address in the network of the sharashka office - https://fxbeat.com/;
• the time the project was created – the site was registered on February 20, 2004, but the owner was changed on February 9, 2022;
• information about the owner of the project - information about the owner is hidden;
• communication with users and contacts of the site - address of the company's office, phone number +44 39 2534 3380, broker's e-mail [email protected].

If you conduct a separate search on the contacts of the company, not being too lazy to rewrite them (they are not allowed to copy), you can find out that many other scams indicate the same data, which once again confirms the deception.

Real reviews about FXBeat

There are still few mentions of the young scam in the network, respectively, the affected clients have not yet written reviews about FXBeat, because the project is very young. Given the real principles of the office and the lack of official documents, it can be said that you should not climb here, because scammers quickly steal money, and it will not be so easy to return them. Fraudsters hide behind non-existent awards, long work experience, lack of specific trading conditions, and then they would do whatever they want. On this site, they didn’t even get to present the User Agreement, so it’s not worth bringing money here, because they are guaranteed to be lost.

List of sources used

To write this article, information from the site of the broker in question was used, additional data was taken from the sites vklader com, google com, reg ru, scamadviser com.