✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in European FX. We analyze the website, we observe every detail and we 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…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about European FX and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | europeanfx.co |
| 🏠 Company* | European FX Corporation |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | Web trader |
| 📌 Direction | United Kingdom |
⚠️ European FX is owned by European FX Corporation, the company is located in the United Kingdom, dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we are going to analyze the types of account offered by European FX, in this case, we observe that it offers 4 different types of account:
| Account type | Minimum initial deposit |
| Standard | €250.00 |
| Silver | €10.000 |
| Gold | €50.000 |
| Platinum | €100.000 |
Information on the web
European FX provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 European FX Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH European FX.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about European FX:
| Date | Update – news |
|---|---|
| October 2022 | We receive a large number of messages from European FX clients claiming that they are unable to withdraw their capital. |
| February 2023 | The company is sued for the regulatory body CONSOB. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with European FX.
At the end of the review you will find customer comments.
How to Claim Money Scammed by European FX
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 European FX
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
How can I report European FX?
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 European FX a scam – is it scam?
Yes. We believe that European FX is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is European FX reliable?
No. European FX is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from European FX?
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.
Are there (recommended) alternatives to European FX?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Consob denounced them, be careful.
Hi Valentin Egea, thanks for writing about European FX. This broker is considered a SCAM. The CONSOB (Italian Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See CONSOB link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
Hello, this platform is anything.
Hello pillar-2, thank you for your comment about European FX. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.
If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.