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FXCT Investments Review

FXCT Investments Brokers

FXCT Investments is a brand new offshore / unregulated Crypto Forex CFD broker, which opened on March 11th 20201.

FXCT is officially located at: First Floor, First St. Vincent Bank Ltd Building James Street, Kingstown St. Vincent & The Grenadines. Their phone number is in the United Kingdom: +442037698283. Customer support email address is: [email protected], and the official website is: https:// FXCTInvestments.com.

For withdrawal problem and complaints, read this.

FXCT Investments Reviews

FXCT Investments provides their client day traders and investors, the web-based trading app made by TraderSoft. This trading app has CFD’s for trading on; Crypto Currency, Gold, Oil, Stocks and Forex. When comparing CFD brokers, the main difference between them is the leverage / margin rates offered on the various underlying assets. Offshore brokers offer higher leverage, because they are not regulated by the government.

Various account types are listed, with the minimum deposit showing $10,000. Actually, the minimum deposit is only $250. FXCT is a one platform broker, and they do not have available, the popular MT4 or MT5 trading apps. You can only trade with their basic web based trading platform. Their website is available in English, French, German and Russian. Most new investors first practice their trading ideas with a Free Demo Account, see here.

FXCT Investments Trading

Where is The Algorithm App?

You probably saw an infomercial about an investing app that can make thousands of dollars a day. They go by names like 1k Daily Profits, Bitcoin Revolution and more.

Before using a trading robot, you should really understand that:

  1. Automated trading apps are not 100% accurate.
  2. Most people lose money when using an algorithm trading app.
  3. CFD brokers are not authorized to offer managed accounts.

Go read more about automated trading robots.

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Is FXCT Investments a Legit Broker?

No, FXCT Investments is not regulated and not licensed. Also mentioned on their website is that they are owned by: Starrin Corporation Zrt, located at: 1089, Budapest, Orczy tér 4 A.ép.2. Iház.1 emelet 20.

When the Scam Broker Investigator reviews a new broker, we see if they are a legitimate broker by checking for a government license. All brokers must be licensed and regulated by a government authority in your country. For example; ASIC Australia, FCA United Kingdom or BaFin Germany.

Smart traders always verify that the broker they are going to invest with, is also licensed in their local country. You can find a list of all the popular Forex brokers here.

WARNING!!!  FXCT Investments is NOT Licensed by ASIC

Look at the Best Forex Brokers

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With hundreds of brokers to choose from, traders usually choose one of the established regulated brokers.

ForTrade is an established broker, that is licensed & regulated in Australia, United Kingdom and Canada, see here.

Try a Free Demo on their amazing trading platform, signup here.

 

What was your trading experience with FXCT Investments like? Please leave your review in the comments below.