Before beginning to trade with a new fx broker or any other trading platform, an investor has to be aware of their broker. You should read this in-depth Firstmetroglobal review if you intend to trade with Firstmetroglobal. The Scam Help Center Team believes that Firstmetroglobal.com is a dishonest broker. Read the details here.
Website – https://www.firstmetroglobal.com/
Website Availability – YES
Address – 47 W 13th St, New York, NY 10011,USA
Blacklisted Status – Financial Conduct Authority (United Kingdom)
Domain Age Information –
Domain Name: FIRSTMETROGLOBAL.COM
Registry Domain ID: 2889812331_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.hostinger.com
Registrar URL: http://www.hostinger.com
Updated Date: 2024-06-12T09:07:41Z
Creation Date: 2024-06-12T08:23:13Z
Registry Expiry Date: 2025-06-12T08:23:13Z
What is Firstmetroglobal (https://www.firstmetroglobal.com/)?
Firstmetroglobal emphasizes itself as a global online broker that trades equities, currencies, commodities, and cryptocurrencies. The platform has a beautiful website, providing potential investors easy access to worldwide markets. It claims to provide innovative financial solutions, cheap spreads, and quick transaction execution while attracting new traders with its user-friendly interface.
Despite these claims, numerous investors have expressed reservations about Firstmetroglobal’s credibility, citing a lack of transparency in its ownership, regulation, and business operations. Investors who are contemplating this platform should exercise care.
FCA Warned against Firstmetroglobal
One of the most significant red flags surrounding Firstmetroglobal is the warning given by the Financial Conduct Authority (FCA), a reputable regulatory organization in the United Kingdom. The FCA issued an official statement informing potential investors that Firstmetroglobal is not permitted to operate or provide financial services in the UK. According to the FCA, the platform lacks the requisite licenses to legally provide trading services, putting any investor’s money at risk if they use this broker.
The FCA warns that Firstmetroglobal may be involved in fraudulent activity or may mislead investors. The lack of regulation is a key concern since it means the platform is not subject to severe financial supervision, allowing the corporation to engage in unethical or criminal actions without fear of repercussions.
False Promises and High-risk Investments
One of the most worrying characteristics of Firstmetroglobal is its tendency to entice potential investors with promises of large profits and low risk chances. As with any investment, there is always some risk involved, but Firstmetroglobal frequently downplays the potential losses in favor of great profit possibilities, providing a false sense of security.
Many internet evaluations and complaints indicate that Firstmetroglobal pushes traders to make high-leverage, high-risk transactions without offering enough instruction or risk management techniques. These types of investments can result in significant losses, particularly for novice traders who may not fully comprehend the potential risks.
Final Conclusion- Is Firstmetroglobal.com a fraudulent or legit broker?
Given the regulatory warnings and negative Firstmetroglobal reviews, this situation suggests it may be a potential scam. Investors are advised to exercise extreme caution and consider choosing forex trading platforms with proper regulatory licenses and a strong reputation in the trading community.
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Got Scammed by Firstmetroglobal? Scam Help Center Is Your Solution for a Refund!
For victims of Firstmetroglobal.com, getting help through platforms like the Scam Help Center is important. If you suspect deceit, filing a chargeback might help you get your funds back. To successfully enhance your case and speed up the recovery procedure, take immediate action and document everything thoroughly.
Find out more about your chargeback rights and available solutions. Contact us for expert guidance.
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