New SCAM projects are constantly emerging on the international market, and Frax Trade is one of them. This is a fraudulent company designed for gullible investors with large starting capital. The stock broker describes excellent terms of cooperation, while in fact he takes away money immediately after it is received in the account. In this review, we will tell you how the scammer operates and what distinguishes him from a bona fide broker.
What advantages does the company talk about?
Frax Trade promises to provide all the necessary investment products. The market player gets ample opportunities to diversify the starting capital. The investment portfolio can be filled with assets from different groups, trading is carried out without commissions. The investor has access to shares, funds, option contracts and other derivatives.
The brokerage project website provides detailed information on buying and selling financial products. The client is provided with all the tools necessary to track price fluctuations in real time. Orders can be placed on the trading platform that can be cancelled at any time. The Frax Trade brokerage account becomes the client’s digital wallet. The company guarantees fast replenishment and withdrawal immediately after submitting the relevant application.
Frax Trade talks about the advantages that distinguish it from its competitors:
- Favorable trading conditions. You can start with a replenishment of 250 US dollars. The market player gets a wide choice of financial assets and account currencies.
- Secure transactions. All transactions are processed through secure servers. The client can use advanced encryption technologies that guarantee absolute security.
- Flexible leverage. Leverage up to 1:3000 is provided. The trader can significantly increase the size of the transactions and achieve a high level of profit.
- Bonus programs. When registering a new account, you can receive a bonus of 50% of the starting capital.
- Free VPS server. It becomes possible to automate trading. The robotic system will conduct transactions around the clock.
- Fixed low spreads. The client can enjoy minimal deductions. Swap-free accounts are provided, the commission depends on the selected financial asset.
The company guarantees 24/7 support from the best specialists. A market player can get advice by phone or via e-mail. The brokerage web portal Frax Trade is filled with loud statements, but they cannot be verified. The company publishes fake licenses that no regulator knows about. It publishes a lot of empty words, deceiving market players and luring them into its dubious system.
Frax Trade Trading Accounts
The brokerage project has developed tariff plans to attract different clients. Frax Trade accounts include:
- Standard – the account is ideal for beginners and anyone who wants to work with a minimum level of risk. It provides basic functions, allows the client to use the platform, support and educational resources. Activation from a replenishment of 250 US dollars.
- Optimal – a tariff plan for traders with little trading experience. It provides access to a whole range of advantages. A market player can use additional functions, advanced tools for conducting analytical research. Access to exotic investment products is provided. Tariff activation from a replenishment of $2,500.
- Professional – suitable for experienced investors and active traders. It provides access to premium tools, priority support and low trading fees. The starting capital is $5,000.
- VIP is the most advanced account that provides the client with exclusive trading advantages. The market player receives personalized investment recommendations, priority access to new features. The tariff plan will be relevant for professional traders who intend to receive individual support. To use the tariff, you will need to deposit $ 10,000.
The brokerage system also includes an account for managers. An experienced market player can attract investors and control their deposit. To open such an account, you will need to deposit at least $25,000. The trader receives an advanced program for managers, numerous tools, and prompt assistance from consultants.
Comments on cooperation with the company
The broker seems quite normal, but only at first glance. Frax Trade publishes information about having several licenses, but these statements are not true at all. The company hides behind fake documents in an attempt to gain the trust of market players. If you check the license numbers, you can easily identify the fake.
A stock broker lures traders with the help of advertising on social networks. The office offers trading on favorable terms, managers ask to pass verification to withdraw funds. The person received a good profit and provided documents for verification, but the scammers still blocked his account.
Will you be able to make money with Frax Trade?
The fraudulent project is covered by market trading, but it does not have real licenses. The company does not bring transactions to international markets, it brazenly lies about its numerous awards and professional achievements. Frax Trade is a typical SCAM that has nothing to do with global markets. The company lures people with empty promises, focusing on beginners without special knowledge and skills. This is a banal dummy, which is worth staying away from.
