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

In this section we will tell you if we consider that the company Encoreminingfx is a safe company or an unreliable 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 Encoreminingfx and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websiteencoreminingfx.site
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressUnit 4 Kinetica, 13 Ramsgate Street, London, England, E8 2FD (fake)
🕑 Website ageWebsite registered on: August 01, 2023
Company typeFund management

Company: Encoreminingfx does not mention which company it belongs to.

Location: Encoreminingfx mentions being located in the United Kingdom, however this is false information.

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

What is Encoreminingfx?

After having carried out an analysis of the company's website, we can say that Encoreminingfx is a fund management platform.

Account types

The platform offers 5 different accounts to carry out operations:

Information on the web

encoreminingfx website

Here we show you a screenshot of the Encoreminingfx website, which is encoreminingfx.site. The capture was made in JANUARY 2024.

Contact: phone numbers and email

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

Encoreminingfx 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!

🚫 Encoreminingfx Final Rating 🚫

Let's delve into the intriguing world of Encoreminingfx, a fund manager that seems to operate in the shadows, with a series of elements that raise serious doubts about its legitimacy.

First, let's take a look at the statement on their website. They talk about an aggressive commercial strategy, which in itself already sounds like a warning. “Neglect of optimal risk values” sounds more like a dangerous game than a prudent strategy. Deliberately overestimating risk per trade in pursuit of maximum profits in minimum time poses significant risk to investors' funds. Furthermore, the fact that they highlight this approach as their “know-how” raises questions about transparency and accountability.

The address given on the website, Unit 4 Kinetica, 13 Ramsgate Street, London, England, E8 2FD, turns out to be a dead end when looking for an investment company in that location. This raises serious concerns about the authenticity of the information provided and casts a cloud of uncertainty over the true location and operations of Encoreminingfx.

Additionally, the fact that it is unregulated is a major red flag. Regulation provides an essential safety net for investors, and the absence of it leaves investors without protection and without recourse in the event of problems. The FCA warning confirms this: Encoreminingfx is not authorized to operate. This is a strong reminder that caution is essential when it comes to investments.

In short, Encoreminingfx has too many disturbing aspects. From their aggressive trading approach to the lack of transparency on their actual location and the FCA complaint, the signs are clear: this is not a safe path for investors. My recommendation would be to stay away from Encoreminingfx and look for more reliable and regulated alternatives in the vast world of fund management. Protect your money and choose wisely. Invest with caution and responsibility!

Updates

News about Encoreminingfx:

Date Update – news
January 2024Complaint against Encoreminingfx financial regulator FCA

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

User Reviews

[democracy id = ”9244 ″]

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

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


How to Claim Money Scammed by Encoreminingfx

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 Encoreminingfx

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 Encoreminingfx?

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 Encoreminingfx?

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 Encoreminingfx reliable?

No, Encoreminingfx is not reliable at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by the FCA, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to recover money from Encoreminingfx?

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 «Encoreminingfx: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Juan Carlos Reply

    This company is a hoax. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Juan Carlos, thank you for writing about Encoreminingfx. 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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