FIATVISIONS Review

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Investors Alert FIATVISIONS – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Introduction:

Online trading can be a lucrative and exciting activity for many people who want to access the global financial markets and make profits from their investments. However, online trading also comes with significant risks, especially when dealing with unregulated or fraudulent brokers who may not have the best interests of their clients at heart. One such broker is FIATVISIONS, a website that claims to offer online trading services in various financial markets, such as forex, stocks, commodities, and cryptocurrencies. However, several regulatory authorities have issued warnings against this platform, alleging that it is involved in fraudulent or manipulative practices that harm investors. In this blog post, we will review the evidence and the risks of dealing with FIATVISIONS, and provide some tips on how to safeguard against fraudulent brokers.

Products and Services:

FIATVISIONS claims to offer online trading services in various financial markets, such as forex, stocks, commodities, and cryptocurrencies. It also claims to provide educational resources, market analysis, trading signals, and account management services to its clients. However, these claims are not backed by any evidence or verification. In fact, FIATVISIONS does not disclose any information about its trading conditions, fees, spreads, leverage, or execution policies. It also does not provide any demo accounts or risk warnings to its potential clients. This suggests that FIATVISIONS is not transparent or fair in its dealings with its clients, and may be hiding some unfavorable or illegal terms and conditions.

Financial institution & regulatory license:

FIATVISIONS claims to be operated by a company called FV Marketing Ltd., which is allegedly registered in St. Vincent and the Grenadines. However, this does not mean that FIATVISIONS is regulated or authorized to offer online trading services in any jurisdiction. In fact, several regulatory authorities have issued warnings against this platform, stating that it is operating without proper authorization and may be involved in fraudulent or manipulative practices. These regulators include:

– The Australian Securities and Investments Commission (ASIC), which warned that FIATVISIONS is not licensed or registered to provide financial services in Australia, and may be a scam.

– The Ontario Securities Commission (OSC), which warned that FIATVISIONS is not registered to trade securities or derivatives in Ontario, and may be engaging in activities that pose a risk to investors.

– The Autorité des marchés financiers (AMF), which warned that FIATVISIONS is not authorized to offer investment services or solicit investors in Quebec, and may be conducting illegal activities.

– The Financial Conduct Authority (FCA), which warned that FIATVISIONS is not authorized to provide financial services or products in the UK, and may be running a scam.

These warnings indicate that FIATVISIONS is operating illegally and may be subjecting its clients to fraud or manipulation.

 

Trader’s Reviews and Customer Service:

FIATVISIONS does not have a good reputation among online traders who have dealt with it. Many of them have reported negative experiences with this platform, such as:

– Difficulty in withdrawing their funds or closing their accounts.

– Pressure from account managers to deposit more money or accept bonuses with high turnover requirements.

– Manipulation of prices or execution of trades without their consent.

– Harassment or threats from customer service agents or representatives.

– Loss of their entire investment due to poor performance or hidden fees.

These reviews suggest that FIATVISIONS does not care about its clients’ satisfaction or well-being, and may be using deceptive or coercive tactics to exploit them.

How do online trading scams operate:

Online trading scams are schemes that use online platforms to lure unsuspecting investors into depositing money with them, promising high returns or low risks. However, these platforms are not regulated or authorized to offer online trading services, and may be using fake or misleading information to attract clients. Once the clients deposit their money with them, they may face various problems, such as:

– Difficulty in accessing their funds or accounts.

– Poor customer service or communication.

– Unfavorable or hidden terms and conditions.

– Manipulation of prices or trades.

– Loss of their entire investment due to fraud or mismanagement.

Online trading scams may also use various techniques to persuade or pressure their clients to invest more money with them, such as:

– Offering bonuses or incentives with high turnover requirements or restrictions.

– Providing false or exaggerated testimonials or reviews.

– Claiming to have exclusive or insider information or access to the markets.

– Using social media or online forums to promote their platforms or services.

– Impersonating legitimate or reputable brokers or regulators.

Online trading scams are designed to take advantage of the clients’ lack of knowledge or experience in online trading, and to exploit their emotions or greed.

How to Safeguard Against Fraudulent Brokers:

To avoid falling victim to online trading scams, investors should be careful and vigilant when choosing an online broker. Some of the steps they can take to safeguard themselves are:

– Researching the background and reputation of the broker, including its registration, regulation, location, and contact details.

– Checking the website and platform of the broker, including its security, transparency, functionality, and features.

– Reading and understanding the terms and conditions of the broker, including its fees, spreads, leverage, execution policies, and risk warnings.

– Testing the platform and services of the broker, including its demo accounts, educational resources, market analysis, trading signals, and customer support.

– Verifying the information and claims of the broker, including its testimonials, reviews, market access, and performance.

– Comparing the offers and conditions of different brokers, and choosing the one that best suits their needs and preferences.

– Being cautious and skeptical of any unsolicited or too-good-to-be-true offers or promises from the broker or its representatives.

– Being aware and informed of the risks and challenges of online trading, and managing their expectations and emotions accordingly.

Conclusion:

FIATVISIONS is a scam website that offers online trading services without proper authorization. It has been warned by several regulators for engaging in fraudulent or manipulative practices that harm investors. Investors should avoid dealing with FIATVISIONS and any other similar platforms that may pose a risk to their funds or interests. Instead, they should choose a reliable and regulated broker that can provide them with a safe and fair online trading experience.

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