PerfectFXOptionLive Review: About PerfectFXOptionLive
PerfectFXOptionLive might appear to be a trustworthy forex broker initially, especially given their claim of being registered in the United States, a nation recognized for its strict financial regulations. However, the reality is that they lack proper regulation, significantly undermining their credibility and reliability.
It is advisable to avoid engaging in any financial transactions with perfectfxoptionlive.com to safeguard your hard-earned money.
Website – https://www.perfectfxoptionlive.com/
Address – 6595 Boles Road Johns Creek, GA 3009, USA
Regulation – Unregulated, Blacklisted, Scam
Warning – Financial Conduct Authority (United Kingdom)
Domain Age –
|October 22, 2021
|2 years, 29 days, 5 hours, 28 minutes, 10 seconds
PerfectFXOptionLive Review: Lack of Regulation
In this PerfectFXOptionLive review, Perfectfxoptionlive has unveiled concerning details. Contrary to their claims, the company lacks regulation in the U.S. and does not possess a legitimate forex license anywhere globally.
Adding to the alarm, the Financial Conduct Authority (FCA) in the UK, a prominent regulatory body, has publicly denounced PerfectFXOptionLive for engaging in fraudulent activities. Through an official warning, the FCA explicitly states that the company is not authorized, raising serious concerns about the safety of its investment services. Investors are advised to exercise extreme caution when dealing with PerfectFXOptionLive due to the potential risks associated with its operations.
PerfectFXOptionLive Review: Trading Platform
Despite PerfectFXOptionLive’s claims of having an advanced web-based trading platform, it is merely a basic charting tool driven by TradingView. It’s crucial to recognize that this platform cannot facilitate authentic trading activities. Consequently, users are unable to undergo real profit or loss experiences, posing a significant disadvantage for individuals genuinely committed to engaging in forex trading.
Perfectfxoptionlive Review: Deposit and Withdrawal Methods
PerfectFXOptionLive’s lack of transparency is evident in their trading conditions, where essential details such as the minimum trading amount and available account types remain undisclosed.
Furthermore, the company’s payment policy is notably restrictive, accepting payments exclusively through cryptocurrencies.
The trend of opacity persists on Perfectfxoptionlive.com website, extending to information about withdrawal fees and requirements. Withdrawal policies, encompassing associated fees and specific conditions, are pivotal components of a broker’s service. This information is important for traders to comprehend the costs and conditions associated with accessing their funds.
PerfectFXOptionLive Review: Trading Conditions
PerfectFXOptionLive claims that its platform facilitates trading across many asset classes, including Forex, Stocks, Options, and Cryptocurrencies.
However, the lack of transparency concerning spread values is a notable area where PerfectFXOptionLive lacks clarity. Since spreads are a vital aspect of trading costs, the failure to disclose specific spread values raises concerns for traders.
The absence of leverage information is another transparency issue associated with PerfectFXOptionLive. Understanding the leverage offered is crucial for traders to make decisions about their trading positions and risk management.
How to protect yourself from the PerfectFXOptionLive scam?
- Do thorough research: Verify the legitimacy of a trading platform. Check for reviews, regulatory approvals, and any red flags.
- Be skeptical of unrealistically high returns: If the PerfectFXOptionLive opportunity seems good to be true, it probably is. Exercise caution and consider seeking advice from financial professionals.
- Verify regulatory status: Ensure that the trading platform is regulated by relevant financial authorities. Legitimate platforms typically comply with regulatory requirements.
PerfectFXOptionLive Review: Conclusion
It’s crucial to approach online trading and investment opportunities with caution. Always conduct due diligence, seek advice from financial professionals, and be wary of offers that seem too good to be true. If you have specific questions about a financial service or investment opportunity, it’s advisable to consult with a financial advisor who can provide personalized advice based on your unique situation. If you have fallen victim to a scam such as the PerfectFXOptionLive scam or any other fraudulent activity, please visit our website and complete a complaint form. Our specialists are available to provide a free consultation on the fund recovery process.
Visit Facebook Page.