✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company ENCOREFX GLOBAL is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about ENCOREFX GLOBAL and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteencorefxglobal.com
🏠 Company*Does not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformMT5
📌 AddressUnited States
🕑 Website ageWebsite registered on: September 21, 2023
Company typeForex, CFDs and commodities

Company: ENCOREFX GLOBAL does not mention which company it belongs to. Be very careful, we notice a clear lack of transparency

Location: The company mentions being located in the United States, but we believe this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is ENCOREFX GLOBAL?

After having carried out an analysis of the company's website, we can say that ENCOREFX GLOBAL is a: CFDs, forex and commodities broker.

Account types

The company does not provide information about having different types of accounts.

Information on the web

encorefxglobal website

Here we present a screenshot of the ENCOREFX GLOBAL website, which is encorefxglobal.com. The capture was made in NOVEMBER 2023

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number:

 1-800-356-8933

– We have found the following email: [email protected]

* ENCOREFX GLOBAL regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 ENCOREFX GLOBAL final assessment 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of ENCOREFX GLOBAL and we have reached the following conclusions about this company:

Location: It mentions being located in a place considered safe such as the United States, but we believe that this is false information with which they try to deceive customers.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

The FCA's complaint against ENCOREFX GLOBAL, a forex, cryptocurrency and commodities broker, highlights the need to exercise extreme caution when considering any relationship with this company. This complaint by a financial regulator poses serious risks and signals the importance of cautiously evaluating any interaction with the entity.

Additionally, the lack of information regarding his business affiliation is concerning. ENCOREFX GLOBAL does not provide details about its association or membership with other entities, which generates mistrust and suggests a lack of seriousness and transparency in its business practices. This lack of key information indicates an alarming lack of clarity and honesty in its disclosure.

Despite claiming to be located in the United States, a location known for its security, there is growing concern about the veracity of this claim. The lack of transparency about its actual location and the absence of regulatory details suggest the possibility of operating without being subject to appropriate regulations. This lack of clarity in regulatory aspects poses serious financial and legal risks for those considering trading with ENCOREFX GLOBAL.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

News about ENCOREFX GLOBAL:

Date Update – news
November 2023Complaint against ENCOREFX GLOBAL financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8977 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with ENCOREFX GLOBAL.

At the end of the review you will find customer comments.


How to Claim Money Scammed by ENCOREFX GLOBAL

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report ENCOREFX GLOBAL

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to ENCOREFX GLOBAL?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report ENCOREFX GLOBAL?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is ENCOREFX GLOBAL reliable?

No. ENCOREFX GLOBAL is not reliable, it is a very unsafe company: its false location in the United States and its lack of regulation generates a lot of uncertainty and financial insecurity. It is a company with no track record in the financial field. Does this give you confidence? In addition, the company has warnings from regulatory entities. BE VERY CAREFUL.

How to recover money from ENCOREFX GLOBAL?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «EncoreFX Global: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Angel Reply

    They want me to invest with them, but I don't want them to steal my money or rip me off. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hello Angel, thank you for writing about EncoreFX Global. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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