Is Furion Global a scam or legit broker? Read Furion Global Review
According to its website, https://furionglobal.com, Furion Global is a well-known broker that serves hundreds of traders globally. Many currency pairs and CFDs on commodities, including precious metals, are included in their offering, along with minimal spreads, leverage up to 1:200, and a MetaTrader 5 interface.
Additionally, they claim to have offices in the US, Dubai, New Zealand, Hong Kong, and the UK, and to be subject to Australian Securities and Investments Commission regulation.
It sounds nice, but it’s all a lie. Furion Global is regulated is a topic that has a lot of varied viewpoints. Although Furion Global’s website is fully anonymous, they claim to have an Australian license.
What we were able to learn, however, is that this business offers financial services to customers all across the world despite the lack of supervision it faces. This means that if you are from a nation other than Australia, you will undoubtedly not know who to call in the event of fraud.
Possible scam activities of Furion Global
Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.
Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Furion Global review.
- The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
- The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
- The broker may have made a number of false claims through its website.
- The broker promises returns that are too good to be true.
- The risk warnings may not be disclosed on their webpage or would be hidden.
- The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
- The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
- This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.
Negative Furion Global Reviews and Complaints
Furion Global has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.
Example of Negative Furion Global Review
After Searching internet you will find many negative Furion Global Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Furion Global reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.
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Furion Global Review: Conclusion
To begin with, Furion Global is a mysterious site that needs validity. It isn’t authorized to offer trading services as it does not hold any valid license and is targeting clients of different nations. So, we advise you to stay away from a such brokers as your money may be at high risk with them.
Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions. These small details will prevent you to become a victim of broker scams.
Get more Information about Scam Brokers VisitScam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.
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Note: Report Scam Community has conducted many researches before flagging Furion Global as a possible scam in this Furion Global Review.Are you planning to trade with Furion Global and invest your money? Report Scam suggests you to read this Furion Global Review first.
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