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

In this section we will tell you why You should NOT invest in Fergatex. 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 Fergatex and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitefergatex.com
🏠 CompanyFergato LLC
RegulatoryNot regulated
📧 EmailDoes not have
📈 LeadingMT4 – Web Trader
📌 DirectionUnknown

⚠️ Fergatex does not appear in any registry and the published address does not correspond to any investment company. Clients are unprotected. ⚠️

Account types

Now we move on to analyze the types of account that Fergatex offers, in this case, we observe that it offers 3 different types of account:

Account typeMinimum initial deposit
Standard-
Premium-
VIP-

Information on the web

fergatex website

Fergatex 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.

🚫 Final evaluation of Fergatex 🚫

Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH Fergatex.

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 Fergatex:

Date Update – news
October 2023Complaint against Fergatex financial regulator CNMV

Video about FERGATEX

User Reviews

[democracy id = ”8322 ″]

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

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


How to Claim Money Scammed by Fergatex

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 Fergatex

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 Fergatex?

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 Fergatex a scam – is it a scam?

Yes. We think Fergatex 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 Fergatex reliable?

No. Fergatex is not trustworthy, 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 Fergatex?

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 Fergatex?

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

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.

6 comments on «Is Fergatex a scam? Opinions»

  1. Manuela Reply

    SCAM of more than €60.000! Some scoundrels! They tell you that the money is on the way and never arrives, or that your money is in your Wallet and when you go to transactions you see that the same day it came in they transferred it somewhere else. Nothing they tell you is true, neither company nor employees, nor form of investment. They ruin people's health and lives!

    • Recommended-brokers.com Reply

      Hello Manuela, thank you for commenting on Fergatex. It is currently considered a SCAM. The CNMV (The Financial Regulator of SPAIN) has put an alert on them, for not having the regulation to carry out their activity (See CNMV link).

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hello Pilar, thank you for commenting on Fergatex. It is currently considered a SCAM. The CNMV (The Financial Regulator of SPAIN) has put an alert on them, for not having the regulation to carry out their activity (See CNMV link).

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Angel Reply

    They are inviting me to invest, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hello Ángel, thank you for writing about Fergatex. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

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