Warning: Is Forex City Pro a Scam?
Our experts warn you to avoid Forex City Pro (forexcitypro.com). It operates without a valid financial license.
Forex City Pro (forexcitypro.com) Review
We audited Forex City Pro (forexcitypro.com) and found concerning details.
We found that it is located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, the phone number is '+964 7505008583, and the support email is info@forexcitypro.com.
Forex City Pro claims to be a trading platform, but it appears currently not authorized by any credible commission.
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Is Forex City Pro Safe?
Our investigation reveals that Forex City Pro is missing a valid license.
Trading with unregulated brokers is very risky. Trusted firms are always licensed with bodies like the SEC, ASIC, or FCA for your protection.
Forex City Pro lacks this protection. As a result, there is no protection if they keep your money. Many online scams involve unlicensed entities, and getting back money from them is hard without expert assistance.
For instance, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, meaning your capital is at risk.
How Forex City Pro Might Scam You
Investment fraud is evolving. Criminals use psychological tricks to steal your savings. Here are common methods seen in sites similar to Forex City Pro (forexcitypro.com).
Dating App Scams
"Pig Butchering" is a brutal method where scammers build trust over months. They build a relationship on social media. Eventually, they mention a "lucrative" investment. It is a lie to lure you onto a scam site like Forex City Pro.
The "Bonus" Trap
Fraudsters create websites that mimic real trading apps. They have charts and balances that go up. But it is a simulation. The scammer controls the numbers to make you feel rich so you invest more. When you try to withdraw, the "profits" disappear.
Other Warning Signs
- Cold Calling: They call you from "brokers" you don't know.
- Unregulated: The company has no legal registration.
- Guaranteed Profits: They promise 1% daily returns or risk-free trades.
- Cannot Withdraw: You cannot get your money out. They ask for "tax fees" first.
- Aggressive Sales: "Account managers" push you to invest bigger amounts.
Ignore positive ratings. Fraudulent brokers frequently post their own 5-star comments to appear real.
Verdict
We advise against Forex City Pro. It is likely a scam. Save your funds and use a licensed broker. Avoid forexcitypro.com at all costs.
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