If you were scammed by EuropeFX, we will give you few tips on how to get your money back
Europe FX is an online trading brokerage based in Cyprus. The brand is owned by Maxiflex Ltd from Limassol and has a CySEC regulation number 258/14. In order to find out everything about the broker, including the relevant information about the refund process, please read this EuropeFX review.
EuropeFX, as a CySEC regulated broker, operates within the EEA zone. However, as per our review, there are a couple of suspicious things related to this broker.
First of all, after Brexit, all the companies that wanted to provide financial services to the UK residents needed to opt for the FCA regulation. EuropeFX didn’t do it and kept working with the UK clients. It resulted in the FCA blacklisting this brokerage. So, if you are a UK resident, know that EuropeFX is banned there.
Also, despite CySEC regulation, this same authority fined EuropeFX several times. Last year, the broker was fined $370,000 for not complying with regulation requirements. That’s an excellent way to say it was scamming clients. Now, CySEC is well-known for giving several chances to brokers after punishing them, but investors should know who they are dealing with.
After you’ve seen a EuropeFX ad and signed up, you are receiving a call from their employees. These employees are pursuing you in joining the company. Most likely, you will see some profits quickly so that the broker can earn your trust. You’ll be prompted to add more funds to your trading account, but after you saw the results, you think it’s worth it. You’ll be asked to deposit more and more till the moment you understand it’s all a scheme, or you stay with no money. After that, your account will be suspended, and you won’t hear of the company again.
Don’t fall for such a scam — test the withdrawal system before anything further.
As already mentioned, the broker has been blacklisted by the FCA for providing financial services without the FCA regulation. As a result, the FCA published an official warning, informing citizens that the broker’s status is “Cancelled” and you should not proceed with further operations in regards to EuropeFX.
If you’re already dealing with EuropeFX and suspect anything, do not hesitate to report it. You are not the only person in this situation and many others already built their case. The chargeback is your refund solution. You need to file a dispute and ask for what’s rightfully yours.
Follow the link below and book your free consultations. You will be advised how to proceed in your particular case and how to get the funds back. Do not let the scammers go away for free, get your money back now!
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