In this review of FazoFx,(https://fazofxcorp.com/), we will explain why it’s an offshore unlicensed entity, likely to deceive, steal, and disappear.
FazoFx is registered at St Vincent and Gradenius, an offshore location notorious for hosting scam brokers. One of the signs of these scam entities is that they like to be anonymous.
Usually, they operate for a short time, close down, open another website with a different name, and continue stealing. Their mode of operation is to abuse regulation and always lie about who they are.
That is why we confirmed that FazoFx is newly registered and has all the signs of disappearing soon. If you have already lost funds to this scam broker, register your complaint on the form below, and we will guide you until you recover your funds.
That is why we will explain why it’s an offshore scam to avoid before it disappears with your funds.
FazoFx Review-unlicensed offshore scam broker
It’s important to check the regulation status, location, and owners of every broker you intend to invest in. This helps to reduce the chances of investing with scam brokers.
FazoFx is owned and operated by FazoFxLiquidity Corp registered at St Vincent and Gradenius. This is an offshore heaven for most forex scam brokers. This broker chose this location since they are aware that the local regulator does not monitor or supervise forex brokerage firms.
This means FazoFx is operating illegally without any license. They do not comply with any rules and regulations. Your money will be lost and they are not accountable.
The fact that this broker chose this location, proofs beyond any doubt, that they intend to operate in an unfair and unsatisfactory manner. Moreover, it is common to most scammers.
Considering all the above facts, we can confirm that indeed they are an unregulated scam entity. Most unregulated brokers are the main cause of fraudulent activities. Be sure FazoFx will find a way to easily and freely steal your funds.
How do FazoFx Scams work?
Most scammers make the critical decision of hosting their bogus website in an offshore location. This is strategically important since they are not accountable or reliable once you lose funds.
Meaning you are on your own in any case they aim to steal from investors but do not offer any favorable trading environment. This scam brokers like FazoFx offer unrealistic promises with terms that are beyond the normal requirements of regulators.
They specifically offer an attractively designed platform, However, their mode of trade is by stimulated platform. They freely and easily use elaborate measures such as price manipulation and steal your funds.
The most common issue of this scam site is that they do not allow withdrawals. Once you have deposited to their accounts it’s a done deal.
Whenever you request to withdraw with or without profit they will give ream excuses to continue holding your funds. Eventually, they will not realize it at all. That is when you realize that they have conned you
What you do at that stage is find a way to recover your funds. Our solution, if you need to get back your money from this scam site, is as follows.
How to recover funds from offshore scam brokers
Remember this offshore broker operates without any government watchdog. This means you are on your own. In case you may want to recover your funds on your own it will be frustrating and often impossible.
However, our solution is to seek guidance from this recovery firm. They know and understand how to recover funds from bogus brokers.
Register your case with them and they will prioritize and file a chargeback on your behalf. They will follow it up until you recover all your funds.
Contact them and provide all relevant information about your case now and you can easily be able to recover your funds.
Conclusion on FazoFx
It’s advisable not to trade with unregulated brokers, but it’s even extremely risky, to attempt to invest with an offshore, unregulated broker. The chances of losing funds are real.
They usually offer attractive rates, bonuses, and other incentives. However, that should not be the reason why you should lose your hard-earned money. Always avoid scam brokers like Safe Crypto World, they will expose you, to the world of scammers.
Never give up, recover any amount of money lost to scammers. Keep fighting by contacting this company and you be able to quickly recover your money.
