Fx Mundo Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of Fx Mundo Trading Company
FXMundo is a forex broker that provides a range of trading instruments, including stocks, indices, currencies, commodities, bonds, and exchange-traded funds (ETFs), for your personal investment and trading needs. Customers' ongoing complaints about this broker, who does not appear to have a license or regulator, cast doubt on the broker's dependability.
The broker does not provide customer service, contact details, or compensation money despite claiming to be registered in the Marshall Islands. This broker has received warnings from reputable organizations like IOSCO, FSMA, CONSOB, and CNMV. These alerts function as warnings and cast doubt on the broker's compliance.
Although it is simple to deposit money onto the platform, user reviews of FXMondo indicate that the broker's difficulty in withdrawing profits is a key sign of a scam. The industry-standard platform used by reputable brokerage firms is different from the trading platform used by FXMUNDO and Sirix. AnyDesk, a remote access tool that assists in taking control of victims' computers, altering settings, and carrying out fraudulent activities, is included with the trading platform. You might wonder what this broker is capable of doing with this tool.
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Contacts
Registration address | FXMundo claims that they can be reached at “support@fxmundo.com,” and they claim to have a physical address in London (Suite XX, Unit 3A, 34-35 Hatton Garden, Holborn, London EC1N 8DX UK) and the USA. |
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has Fx Mundo been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against Fx Mundo by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Fx Mundo is down, not updated or operates with clear errors and some features are not available;
• Fx Mundo has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if Fx Mundo got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why Fx Mundo got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from Fx Mundo?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if Fx Mundo is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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