(FXCL) Markets Ltd. – Forex SCAMM Company! Be carefull!
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.

Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409

Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines

James Tulabot
Team Leader

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines

Virgilito Dada
Account Manager

Elton Danao
Sale Manager
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

Based on the types of trading account the traders have opted and the assets traded, the spreads at FXCL can start from generally as low as 3 pips. Detailed list for the spreads are available on FXCL’s website under their asset index. The FXCL broker FXCL is on the growth of the financial industries like forex, binary options trading. There are many established broker FXCL s over the past year that has moved to offer their services to include their binary options. Metatrader 4 is a widespread trading platform in which traders can place orders on Forex market that is equipped with most useful tools and features as well as graphical ptterns and strategies for best market analyses and successful trades. The most experienced investors can open a Platinum account with a minimum deposit of $20,000. This gives many benefits including withdrawal processing within two days and a free private VPS as well as all of the benefits of the other two accounts. While the contract for differences trading is a form of derivative trading that enables traders to speculate on the rising or falling prices of fast-moving global financial markets, it’s trading on shares will incur commission. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.

  • The website is easily navigated and is available in several different languages.
  • Representatives can be reached at the main offices in London and Cyprus as well as at their office in France.
  • XTB provides 2 different live trading accounts, Standard and Swap-Free.
  • Withdrawals are processed within seven days for the Silver account, five days for a Gold account, and two days for a platinum account.

The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. doesn’t retain responsibility for any losses readers might face as a result of using the information presented in this website. In accordance with FTC guidelines, has financial relationships with some of the products and services mentioned on this website. may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products. If you want to trade forex, you have to choose a good broker FXCL to support you whenever you need it. For a good trading result, you need a partner that will provide you with the best trading environment there is and a trading platform flexible enough, so that you can develop your own trading techniques. FXCL is a regulated broker FXCL based in Cyprus and we traded with them for several weeks in order to test all elements of their trading platform, their support system and the safety of funds and of trader’s personal information they provide. Read our expert FXCL Review 2016 and see what we found out during our time with this company.

Trading Platform Offered by FXCL

The Islamic Account owners receive a commission free account that can be left as long as the owner wishes to leave his position open. Spreads are fixed and there is special support 5/24 from an account manager. FXCL Trader is one of the only forex apps that enables you to access the most up to date trading resources and trading platform under one roof. Stay up to date with the capital markets, run a quick technical analysis and when the time is right make your trade. FXCL was developed by traders and investors who understand the importance of market insight when investing making 24 FX an industry leader. Various account types are offered by the broker FXCL to the trader at FXCL. The level of trading account varies with the feature the broker FXCL provides and betters the benefits.

We strongly suggest choosing a broker FXCL that has gained a high score through excelling in all departments instead. To learn more about how we test and recommend broker FXCL s, read our methodology. Ethereum is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice. Funds can be deposited in a FXCL account by means of credit and debit cards, bank wire, and payment wallets such as Qiwi, CashU, Neteller, Skrill, Sofort, Moneta, and GiroPay. According to research FXCL is a Forex broker FXCL located in Cyprus, a nationally recognized international leader in the banking and trading industry. Join the community of 1.8 Million Muslims and receive our newsletter everyweek. Funds can be deposited in a FXCL account via credit and debit cards, bank wire and a wide choice of payment wallets such as Qiwi, CashU, Neteller, Skrill, Sofort, Moneta, GiroPay, and others. Join the hundreds of investors trading Forex, Options and CFDs with the FXCL Trader app every day. If you are not satisfied with the Company’s final decision you have the option to maintain your complaint through the Financial Ombudsman of the Republic of Cyprus and seek mediation for possible compensation.

Commission & Spreads

Drop and Forget Renko Scalping System is a forex strategy for scalping. Overall I2Investment is a choice for you if you are seeking investment or financial advice. I think, auto trading system should not allow in any forex competition. My understanding is more or less what you said, to get the prize of the demo contest, you must open a real account before the contest is ended. needs to review the security of your connection before proceeding. As long as there is no interest element and deals are concluded immediately with some logical reasoning to expect a likelihood of resulting financial gain, there is no clear reason why Islam must prohibit online Forex trading. This broker FXCL did not score well during our testing process and is not recommended by our experts.
fxcl scammers
Trading on the new platform includes both binary options trading and the new ability to trade Forex, CFD’s and commodities. Like many online forex broker FXCL s, 24 Options isn’t applying any commission on the clients, therefore, widening a currency pair’s dealer spread to compensate themselves. The broker FXCL is offering a variety of spreads depending on the account type of the trader. The best way to start our FXCL Review 2016 is by examining FXCL Trading Platform.

All FXCL account managers have a solid background in the financial industry and make themselves available round the clock. The 24Fx platform offers preloaded indicators and charting tools, making analysis accurate and fast. Hence, although no deposit bonuses are a great way to help you start trading, the terms to benefit from it often require trading with such a high volume before you can withdraw profits, that it may not be worthwhile. This trading volume must also be reached within the given trading period, that a trader needs to achieve the requirement, otherwise the bonus along with profits earned from it expire. The team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading. Several calculators are posted on the website to help traders decide how and what to trade. The Pivot calculator, Fibonacci calculator, Deal Size calculator and Pip calculator can be used directly from the site and provide useful information for all traders. has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
 Trading Platform
A powerful visual tool for online traders that gives a visual interpretation of market conditions for currencies, as well as major market trends. The 24Fx platform offers popular indicators and charting tools already preloaded right into MetaTrader4, making analysis accurate and fast. Expert Advisors can be custom designed in order to automate your trading. Please note that you had changed and remove your stop loss several times. Also you tried to close the positions During abnormal market volatility Thus the price you were asking to close your trade was not available at that moment . As for the withdrawal, you have to fill out a simple withdrawal form and you will have your money transferred to you within 7 business days.

What Makes Trading Indices Halal?

For traders who wanted to trade while they travel, they can also perform with FXCL mobile trading platform. This is designed to allow the majority of mobile devices like iPhones, iPads and Android mobile devices. Beginner traders can imitate the trades of the more experienced traders using this trading platform. It therefore seems clear that the key issue in Islamic law regarding the trading of stocks or shares is whether owning part of the company itself is haram. Fortunately, this can often be easy to determine by consulting approved Islamic listings of stocks and shares which are deemed to be halal stocks or haram stocks. Most Forex / CFD broker FXCL s offering trading in stocks and shares tend to offer trading in mostly the largest, most well-known publicly traded companies on the stock exchanges of wealthy developed countries.

In fact, one could extrapolate that it was natural and accepted for a deal to made between two different parties. Withdrawing funds is simple and can be done by completing a withdrawal form and sending it via fax or by email. Funds are transferred back via the same method as the original deposit was made and withdrawals will take a maximum of seven days to complete depending on the type of account held. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It is really important that you do not trade any money that you can’t afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a time that you lose. A glossary containing financial terms and a FAQ page with information on trading account opening procedures and how to fund accounts are also available.

IFX24 protocol allows you to borrow funds without waiting for a counterparty or peer. You can use borrowed tokens to run protocols to accumulate more assets, withdraw for personal use without paying any interest. They provide different platforms with various specifications to fit any desires. Trading Forex is one of the quickest ways to make real money if you know what you are doing and also working with professional broker FXCL s who also appeal to your needs. In Forex, “short selling” refers only to a making a trade where it is hoped the price of a currency pair or cross goes down. There is no essential difference between making a short or long trade in Forex, and there is no essential borrowing element required to make this transaction. We can therefore be clear that there is no problem per se with Forex short selling in Islam. Several calculators that help traders decide how and what to trade are available.
Markets local time Clocks
The company charges no deposit fees, but some fees are charged on certain types of withdrawals. Alas, these are the common rulings on the matter of forex trading and we can only do our best to live our life in accordance with the Islamic teachings. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor forex scam protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. This means that if a trader received $100 in bonus, then that trader must achieve $1,000,000 worth of trading volume in order to withdraw the bonus. There is also Webtrader platform that allows traders to trade directly from the web, thereby no need for downloading to begin trading.

Account Type

The wide range of account types that are being offered by 24 Option are assessed for each client depending on the account manager’s evaluation. A swap free account is an account which does not charge or pay any overnight interest on positions kept open over 5pm New York time, which is a common practice in Forex trading. These swap free accounts can remove the riba element from Forex trading, making them suitable for Islamic Forex traders. CFDs are essentially derivative instruments, based upon the price of an underlying asset. Typically, trading CFDs involves an element of riba, although Islamic broker FXCL s offer them without the overnight interest payments or charges. In the olden days, there were of course no computers or telephones, so the aspect of making a deal face to face wasn’t much of a question.

  • Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.
  • For a good trading result, you need a partner that will provide you with the best trading environment there is and a trading platform flexible enough, so that you can develop your own trading techniques.
  • The risks involved in trading binary options are high and may not be suitable for all traders.

*Information not comfirmed*