Website –

Warnings Against – Financial Services and Markets Authority (Belgium) Address – Bundespl. 6, 6300 Zug, Switzerland & Spain

Introduction, website claims that they are trusted and secure cryptocurrency exchange. They claim they have the most advanced user interface for making a blockchain platform. They are located at Bundespl 6, 6300, Zug, Switzerland. In the UK they can be contacted by phone at +44 2045 770 768 and in Switzerland at +41 2153 03 142. You can also email them at: and Or you can drop a message by filling up the form.

Though the company claims to be in Switzerland, the laws governing the company are Spanish laws. The top of the icing is they are regulated by CySEC. On checking the Cyprus register, their name did not come up.

On reading their client agreement, we came to know that they are into forex and CFD trading. Read the complete review to know more about the scam broker.

Languages supported

They give services in English, German, French, Russian, Italian, Spanish, Polish, Chinese, and Arabic.

High initial deposit

The company asks for an initial deposit of $1000 which is very high. Most crypto exchanges ask for an initial deposit maximum of $250. Coinbase asks for $2 and Binance asks for a $10 initial deposit.

Services they provide

They claim to have qualified traders. The identity of the trader/investor is kept protected and remains unidentified on records. Traders/investors are safeguarded by a high-level encrypted system that stores the portfolio and profile of investments offline.

Their site claims they offer simple, reliable, and trusted trading solutions through charts, charting tools, trade history, and order books.

Their site claims they provide the best security services and that are well-researched and robust security measures.

For traders, there are advanced tutorials for personal bookkeeping that assists in trading choices and formulating strategies.

Deposits and withdrawal

You can deposit through Mastercard, Visa, Paypal, Maestro card, or bank transfer. Fundspromax offers bonuses. Throughout Europe and Australia, bonuses are banned. Bonus is such a dangling carrot that you cannot withdraw your money. Terms and conditions for bonuses are such that it is not practical for you to withdraw. Even the profit that you have made during trading cannot be withdrawn.

How does the scam work?

On the internet, you will see a promising ad, which gives you insane profits, and all you have to do is pay/deposit a very small minimum amount of money. Next, you are requested to give your email address and phone number. Then you will receive many calls to deposit money. Moreover, the depositing amount will get bigger and bigger as you move further. You will be glad that the amount you are depositing/investing is giving you a good profit. These are manipulation and tricks that are used by scammers. But when you withdraw the money you will face countless reasons why you cannot withdraw money. You will come to know numerous terms and conditions that you did not notice when you signed up. There will be many additional taxes you will have to pay, for withdrawing your money (bonus). At some point or the other, you will feel that something is wrong. At this time your broker will stop communicating with you. If you are still persistent, your account will be blocked.

What to do if you are been scammed?

Lucenteq helps recover your funds. We at Lucenteq provide consulting and investigating services. Lucenteq is hired mainly by scam victims who have been scammed online to get their money back. We are proficient in with dealing online scams. We provide money back to victims through tracking down digital fingerprints, disputes, cyber analysis, and in-depth investigation work. We undercover fake investment companies and brokers.

We are into financial consultation and analysis. We offer investment and binary option advice. We guide and help you to manage your investments in the best way and get a good ROI.

We have nearly 9+ years of experience in online scams. We are a team of 117+ members with a record of accomplishment for nearly 2000+ satisfied and happy clients.

We are fully crystal clear in our work and throughout the entire process.

We update the forex scammers list regularly. Do read to gain better knowledge and avoid scam companies.

For any queries, you can contact us, call us, or email us at 192 N Cities Service Hwy APT 6, Sulphur, LA 70663, +1 601 952 8830, or respectively. You can also file a quick complaint and send us.