✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in FxLatam. 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 FxLatam and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | fxlatam.com |
| 🏠 Company | AMI Group LTD |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | MT5 |
| 📌 Address | Unknown |
⚠️ AMI Group LTD is not listed in any company register and there is no data on its location either. Clients are unprotected. ⚠️
Account types
Now we will analyze the types of accounts offered by FxLatam, in this case, we observe that it offers 5 different types of accounts:
| Account type | Minimum initial deposit |
| Gold | $2.500 |
| Platinum | $10.000 |
| Diamond | $50.000 |
| Emerald | $100.000 |
| Corona | $100.000 |
Information on the web
FxLatam provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.
List of phone numbers
- +56232104286 (Chile)
- +5715085319 (Colombia)
- +525511638627 (Mexico)
- +5078388437 (Panama)
- +5117009736 (Peru)
- +442031502952 (UK – United Kingdom)
🚫 Final valuation of FxLatam 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH FxLatam.
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 FxLatam:
| Date | Update – news |
|---|---|
| - | No news at the moment |
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 .
At the end of the review you will find customer comments.
How to Claim Money scammed by FxLatam
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 FxLatam
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 FxLatam?
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 FxLatam a scam – is it a scam?
Yes. We believe that FxLatam 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 FxLatam reliable?
No. FxLatam 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 FxLatam?
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 FxLatam?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I, Nemesio sullca, am also from Peru. It will be true that btc.trader bought from fxlatam, because they called me and told me that I can enter my account as long as I pay an amount to activate it, I don't know if they could confirm this, thank you very much, I was scammed By fxlatam.com for the amount of 20.000 dollars I have been from Peru since 2018 and for a year they have not answered me to withdraw my money and they tell me you want to recover your money they ask me for my credit card there must be an amount of $/300 Dollars.
Hello nemesio, do not believe these scammers, after having scammed thousands of customers, they invent new excuses to continue obtaining more money with invented excuses, write the websites that they give you or the emails and we will make a review so that they do not scam nobody else.
Greetings.
I want to see my fx latam account
please your help to review my account in fx latam which was created in 2020
Hello RONALD, they are scammers, you must ask permission from them or your advisor or agent of this broker, but surely they will ask you for more money to access and they will never return it to you.
Greetings.
I am Raul from Peru, I have been scammed by the broker fxlatam.com the sum of 500 dollars in 2019, since then I have never recovered anything, they blocked all communication. I hope to recover in full, since different supposed companies called me that my funds have already exceeded more than 15,000 dollars and they ask me to deposit 10% of that amount, I think they want to scam me with the story of my return on capital, I can not find who to believe, hopefully you give me correct information to recover, thank you.
Hi Raul, thanks for exposing the new way they have to defraud their clients, thanks for commenting on FXlatam. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Information that I think I can help for Warning, a "Bank Of America advisor" has called me to request my identification data and bank account number to deposit surpluses that the broker sent to the bank for transactions made in FXLATAM, they sent me a whatsapp with the name of Sara Leiva, they are scammers do not send any information since the Bank Of America help desk indicates that it is a scam, they do not have that service.
Hello Patricia, thanks for exposing the new way they have to defraud their clients, thanks for commenting on FXlatam. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I am Mr. Nemesio, I am from Peru, they scammed me, be very careful with two companies app.trades-btc .com, fxlatam .com and orotrader .com they are scammers. They stole more than 5.000 dollars from me, they are liars.
And no one answers.
help me spread please I know 2, he says he is the manager jhon bramk, Colombia more people who were scammed, and cronies, help me so they don't continue scamming people
Can someone help me where to place one or many alerts so that more people DO NOT fall into the hands of these lying scammers. app.trades-btc.com, fxlatam.com and orotrader.com
Hello NEMESIO, the 3 brokers you mention are a scam, you cannot invest any money with them, they will rob you without mercy, they are scammers. You can search the reviews by their name and you will see the number of negative comments all of them have.
Greetings.
Hello, FXLATAM are thieves, they are very good at sweetening your ear at the beginning but they never allow you to withdraw, everything that other people comment on has already happened to me. They are super insistent, when you block them everywhere they look for a way to contact you again. Some time later they looked for me from a supposed law firm that was going to sue them… they just wanted more money. Now they are looking for me again directly from FXLATAM to tell me that they have blocked my account due to inactivity, that my capital has generated 10 times the value of my investment and to give it to me I have to pay taxes Hahahaha, as the moderator correctly comments, everything is a fraud, be careful with these scammers, do not give them anything, do not allow them to continue stealing. They are Latin Americans who are in a poor country, so they don't see anything wrong with stealing from other countries. BEWARE of them, they are career scammers.
Hi Roberto, thanks for commenting on FXlatam. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I wanted to ask you something if you are a company called Empire trust.com tradebasefx are regulated there are many people who do not know where to make their complaint
Hello Cayo, we are with several reviews at the moment, but we will put yours as a priority to be able to assess this broker. If you have the exact websites much better.
Greetings.
Greetings, My case is with the FXLATAM platform, I was scammed about 2 years ago and gave up the capital I invested.
The reason I am writing is because Bank of America and the FCA recently contacted me, both saying that they are regulatory entities and could help me recover the money that is in preventive blockade. I would be very grateful if you would contact me, or my niece, who is the one I have been handling the case with and they contact her directly.
My cell phone number is: XXXXXXXXX
My niece's number is: XXXXXXXXX
Hello Hector, it is a fraud, all those who call you are themselves, the banks do not do that to call to recover and the FCA does not call anyone, it is all a set up to get more money from you. Thanks for commenting on FXLATAM. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
I recommend that you read the review and comments of other users: fxlatam
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Good afternoon, I'm from Peru, I was scammed by fxlatam .com with 40,000 dollars and they blocked me, they don't let me enter my account and they just called me from rockford saying they bought fxlatam .com and they want to work with me but they ask me to pay the 10 percent to reopen the account, they also called me from the FCA who supposedly could send me my money in exchange for payment of taxes
Hello Daniel, the FCA does not ask for money for ransoms, they are the ones who pretend to be the FCA. Don't pay anything, it's a SCAM.
Greetings.
Again I share the experience with FX Latam a month ago a certain Sebastián Valencia from the Bank of America spoke to me to tell me that they had my assets in their bank, a recovery product from FX Latam that no longer operates and they asked me for $ 2500 to deposit $ 49. dollars, which I did not do since I investigated and the Bank of America does not do that type of transaction, and I have almost two years trying to get my money back, today a certain Arturo Acevedo from the Fca spoke to me so that I could receive my assets since they indicate that fx latam It is already being investigated and they want to help users recover their capital plus profits so they ask for your data and a debit card so that you receive your money but it must be active and it must have a backing of $ 300 that is the condition Then I received a message from my bank saying that the transfer to a private account for the amount of $ 300 could not be made because I did not have enough balances so he spoke to me and told me I am upset that if I already knew the conditions why I did not comply with them and I told him well, I have no money, he was upset and told me how lucky to get your money back I would like to call everyone so that together we can recover our money I am from Mexico and no longer fall for these lies they are only looking for ways to get more money someone who has already been able to recover their money please comment and help us
Hello Daniel, you must recover what was stolen from you, for that you can talk to our CHAT and at the same time if there is a way to sue much better, write to our CHAT so that they contact you, thank you for sharing your experience with FXLATAM. This company is a SCAM, do not send money, you will lose it, bad or no Regulation and little transparency.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
It will be true that rockford bought fxlatam, because they called me and told me that I can access my account as long as I pay an amount to activate it, I don't know if they could confirm this for me, thank you very much, I was scammed by fxlatam .com for the amount of 40,000 dollars I am from Peru since 1919 and for a year they have not answered me
Hi Daniel, it's all a lie, don't believe anything about these manipulators, they want your money at any price. The FCA does not ask for money for ransoms, they are the ones who pretend to be the FCA. Don't pay anything, it's a SCAM.
Greetings.
A couple of years ago, I invested about 40000 Euros in the NYSE through the Cia Trade GF London, today I understand it to be called Trade GF – FX Latam. Whose broker was John Jimenez.
When I realized that he was scamming me, I cut off the communication and gave up more than 100.000 euros that the screen reflected.
After two years they communicated again, (another broker) Santiago Angel Rodriguez, from the same company, communicating that they had to liquidate the assets and that the undersigned could recover the almost 50.000 euros, which soon became more than 80000 euros. . In these conversations they took a few dollars from me for insurance and bank transfer expenses.
Almost at the same time I was contacted by Mr. Sebastian Flores Vilca from WAYNE BARNES New York who operated for FCA, offering to help me rescue my capital, which was on the stock market and which allows me to pay duties and taxes in installments.
As the situation arose, it was very clear, only that FCA London does not know that this type of advice exists and even that Mr. Flores is an official of this Consumer Defense organization.
I have already paid the tax corresponding to 20% of the capital and recently I have been informed that the board of the stock exchange for Latin America has ordered that taxes be paid for 50% of the capital. All these inaccuracies make me distrust, and make me ask if it is the right way or definitely abandon the efforts of 3 years.
Feeling that they continue to scam you is not pleasant, but if you make complaints to those who say they are the authorities, they have no results.
I ask you to help me confirm that the documents are faithful, that they correspond to the organizations that they claim to be, that the brokers who appear signing the documents are within the Law
Hello M, you must recover what was stolen, for that you can talk to our CHAT and at the same time if there is a way to sue much better, write to our CHAT so that they contact you, thanks for sharing your experience with FXLATAM. This company is a SCAM, do not send money, you will lose it, bad or no Regulation and little transparency.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
NORVERTO VERDUSCO FX LATAM, AND TRADE GF ARE SCAMMERS, THEY NEVER RETURN YOUR INVESTED CAPITAL, ALSO THEY APPLY CHARGES WITHOUT AUTHORIZATION, (YOU NEED TO CANCEL YOUR CREDIT) AND ALL ARE BANDITS AND ALSO THEY KEEP TALKING TO YOU WITH THE PROMISE TO RETURN CAPITAL BUT WHAT DO YOU HAVE WHAT TO PAY BEFORE ISR TAX, ANOTHER LIE IS THAT THEY ASK YOU TO PAY A KIND OF INSURANCE TO BE ABLE TO ACTIVATE YOUR ACCOUNTS BEWARE THEY ARE VERY INSITENT AND WITH (BINANCE) TRICKS TO KEEP STEALING: ID 515231 TRADE GF, ID 128494 FX LATAM OR YOU HAVE TO USE CREDIT CARD INSURANCE AGAINST CHARGES FOR SERVICES NOT RECEIVED AND THEY APPLY UP TO 540 DAYS WITHOUT A DOUBT THEY ARE SCAMMERS BEWARE …… VERY CAREFUL
Hello, you can talk to our CHAT to get in touch. Thanks for commenting on Trade GF. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.