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    FxWinning: Exploring Legitimacy and Trading Success

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    Is FxWinning Legit or a Scam?

    No, this broker is not only unlicensed but a confirmed scam due to blacklists.

    What is FxWinning?

    FxWinning presents itself as an online trading platform, offering various financial instruments such as forex, commodities, and cryptocurrencies. However, the legitimacy of this broker has come under scrutiny, prompting an in-depth investigation to uncover the truth behind FxWinning.

    FxWinning Details

    Before delving into the red flags and customer complaints, let’s take a closer look at the key details of FxWinning:

    Broker status:

    Unregulated Scam Broker

    Regulated by:

    Not regulated

    Operating Status:

    Active Blacklisted Forex Scam

    Known Websites:

    Blacklisted as a Scam by:

    CMVM, Financial Commission, Finanstilsynet, AMF, FSMA, CNMV



    Headquarters Country:

    Hong Kong (suspected)

    Foundation Year:


    Online Trading Platforms:


    Mobile Trading:


    Minimum Deposit:


    Deposit Bonus:

    Not available

    CFD Trading Option:

    Not available

    Crypto Asset Trading:

    Not available

    Available Trading Instruments:

    Forex, Metals, Indices

    Maximum Leverage:


    Islamic Account:

    Not available

    Free Demo Account:

    Not available

    Accepts US clients:


    Global Fraud Protection Experts’ Verdict:

    Avoid this blacklisted scam at all costs!

    Deposits and Withdrawals

    One of the primary concerns with FxWinning revolves around its deposit and withdrawal processes. Many users have reported difficulties in withdrawing their funds, encountering delays and unresponsive customer support. Additionally, the minimum deposit requirement of $250 is relatively high, especially for a broker with questionable credibility.

    Account Types

    Based on the information gleaned from the user area and limited website details, it appears that there are no personalized account types. Even though it was obviously bogus, the duplicate domain was at least that diligent in its attempt to promote different bundles. 

    Specialized account kinds for a range of traders, their investing tastes, and their purchasing power are not available on Additionally, the broker anticipates fast deposits into the account you open, which is automatically designated as a live trading account. That also suggests that there isn’t a Demo at all. The minimum deposit for wire transfers is $1,000; it is $100 for single account types.

    Red Flags and Warning Signs

    This anonymous company, FxWinning, is thought to be based in Hong Kong; their TOS references a US court as the governing body, and their website is by default in Spanish.

    We would like to inform you right away that they are not included in any of the regulated entities’ databases. We verified this by looking through the registers of the SFC, NFA, FCA, ASIC, and CySEC.

    Due to the controversy surrounding FxWinning’s unlicensed sales of goods and services, multiple agencies have placed this company on a blacklist:

    • CNMV
    • The Financial Commission
    • AMF
    • FSMA
    • CMVM
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     Customer Complaints and Negative Reviews

    The online landscape is rife with customer complaints and negative reviews directed at FxWinning. Traders have shared their harrowing experiences, detailing issues with withdrawal requests being ignored, unexplained account closures, and an overall lack of professionalism from the broker.

    Got Scammed by FxWinning? We Help Victims!

    If you have fallen victim to FxWinning’s deceptive practices, you are not alone. Our team is dedicated to assisting victims in seeking recourse. Contact us for support and guidance on recovering your funds.

    In conclusion, the evidence compiled during this review strongly suggests that FxWinning is operating as a potential scam broker. Traders are advised to exercise extreme caution and consider alternative, reputable options to safeguard their investments and financial well-being. Remember, thorough research and due diligence are crucial when choosing a broker to ensure a secure and transparent trading experience.

    If you’ve experienced financial losses with companies like Venus4THeroFX, or FameEX, please report it using the form below.

    File A Complaint Against Scam Broker's


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      Kenneth Williamson

      Kenneth Williamson serves as the primary news writer at BCA, bringing his expertise in online marketing to produce high-quality industry coverage. His unwavering commitment to helping individuals and businesses succeed in the digital realm is evident in his writing. Additionally, Kenneth provides top-notch technical SEO and copywriting services to businesses of all sizes.

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