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

In this section we will tell you why You should NOT invest in FXWINNING. 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 FXWINNING and tell you why we came to such a conclusion:

Basic Information

🌐 Websitefxwinning.net | fxwinning.pro
🏠 CompanyFxWinning Ltd and its owner is David Merino Quintana and Teo Zuñiga Arredondo is also involved
RegulatoryCySEC
📧 Email[email protected]
📈 PlatformMetaTrader5 (MT5)
📌 AddressSuite C, Orion Mall Palm Street, Victoria Mahe, Seychelles

⚠️ FXWINNING is owned by FxWinning Ltd, the company it's located in Cyprus, Hong Kong and Saint Vincent and the Grenadines, a potentially dangerous tax haven 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 move on to analyze the account types that FXWINNING offers, in this case, we note that it does not offer account types.

Information on the web

FxWinning website

FXWINNING provides a basic explanation about the financial products it offers, calculators, economic calendar, a bit of information, really not much more than this.

List of phone numbers

  • +357 97723265

🚫 FXWINNING Final Rating 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH FXWINNING.

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.

FXWINNING Video Review

Updates

News about FXWINNING:

Date Update – news
March 2021Complaint against FXWINNING from financial regulator: CNMV.
August 2022FXWINNING is associated with Theo Zuniga.
September 2022FxWinning broker is linked with Turbo y ZETA A company with a bad reputation.
February 2023Complaint against FXWINNING from financial regulator: CNMV.
April 2023Complaint against FXWINNING from financial regulator: AMF.

User Reviews

[democracy id = ”671 ″]

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

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


How to Claim Money Scammed by FXWINNING

How to Report FXWINNING

Frequently Asked Questions

How can I report FXWINNING?

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 FXWINNING a scam – is it scam?

Yes. We believe that FXWINNING 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 FXWINNING trustworthy?

No. FXWINNING 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 get money back from FXWINNING?

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 FXWINNING?

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.

158 comments on «Is FxWinning a scam? 2023 Reviews»

  1. Milly V Reply

    In Peru, those involved with that Teo company have already fallen. He was sending all the funds abroad and here they have seized cars from July

    • Recommended-brokers.com Reply

      Hi Mily, thanks for the information, if you want to explain more in detail what happened, you will help many people.

      Greetings.

  2. affected Fxwinning Reply

    In the American continent there are thousands of victims left by this Brokers.

    Since 2020, groups of people from different countries have offered investments under the umbrella of a major US company, where they included the possibility of investing in FX WINNING/TWT, and other investments, without making efforts and predicting profits of up to 10% per month.

    They used meetings in luxurious hotels, digital media showing sumptuous lives, instagram groups, telegram where they showed their successful forex operations and with promises of investments in digital currencies, shares, they boasted of multimillion-dollar earnings and traveled the world; thus they convinced thousands of people of different nationalities.

    Today, no one is responsible for this fraud, those who sold the illusions of million-dollar investments continue adding to their wallets and posing on social networks as the nouveaux riches of the American continent, while the victims hope to recover their investments despite the fact that there are very strong rumors that these two companies belong to a Mr. Teo Zuñiga who has apparently done the same thing on several occasions.

    It is also rumored that the operations were fictitious, that those responsible for Fxwinning invested the investors' money in cryptocurrency operations that were unsuccessful in Europe and that those who sold the investment programs received hefty commissions knowing in advance that this was an illegal Broker with fictitious or fraudulent operations.

    What do you recommend to those affected on the American continent who are patiently waiting for Fxwinning/twt to respond for their investments?

    Fxwinning/twt has issued statements delaying the payment since the beginning of 2023. Could it be that the delay is to disappear from the authorities' radar or are they actually going to respond to investors?

    • Recommended-brokers.com Reply

      Hello affected Fxwinning, UNFORTUNATELY, THEY ARE NOT GOING TO PAY ANYTHING, THEY ARE EARNING TIME TO SAVE THEMSELVES PAYING THROUGH OUR CHARGEBACK SERVICES OR COURT LAWSUITS, THE MORE TIME PASSES THE MORE DIFFICULT IT WILL BE TO RECOVER THAT MONEY THAT ALL THE INVESTORS HAVE SCAMMED. Thank you for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  3. Anderson Bonilla Reply

    When I went to withdraw the total capital, it is not possible, they say that they are verifying and it has been 3 months now. I think they robbed me, this has happened to the person who invited me and to many other mutual friends, I think they scammed us, I do not recommend anyone to put money on this platform is a hoax

    • Recommended-brokers.com Reply

      Hi Anderson, thanks for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  4. Esteban Reply

    Good evening, I'll get in touch with a problem with the transfer of funds in fxwinning. I would like to know if you can advise me and what actions to take. I'm from Argentina... I await your response. Thank you, thank you, thank you for helping newbies like me who fall into the hands of perhaps scammers who keep all our savings I hope I can count on you

    • Recommended-brokers.com Reply

      Hi Esteban, thanks for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

      • Yura

        Hello, good morning, I am a victim of fxwinning. How can you help me? They say that we have patience and nothing else, there are no signs of the creator of this system.

      • Recommended-brokers.com

        Hi Yura, UNFORTUNATELY, THEY ARE NOT GOING TO PAY ANYTHING, THEY ARE GAINING TIME TO SAVE THEM PAYING THROUGH OUR CHARGEBACK SERVICES OR COURT LAWSUITS, THE MORE TIME PASSES THE MORE DIFFICULT IT WILL BE TO RECOVER THAT MONEY THAT ALL THE INVESTORS HAVE SCAMMED. Thank you for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
        Greetings.

      • Yura

        I was scammed by a broker, can they help me get my money back?

      • Recommended-brokers.com

        Hi Yura, UNFORTUNATELY, THEY ARE NOT GOING TO PAY ANYTHING, THEY ARE GAINING TIME TO SAVE THEM PAYING THROUGH OUR CHARGEBACK SERVICES OR COURT LAWSUITS, THE MORE TIME PASSES THE MORE DIFFICULT IT WILL BE TO RECOVER THAT MONEY THAT ALL THE INVESTORS HAVE SCAMMED. Thank you for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
        Greetings.

    • Recommended-brokers.com Reply

      Hi Lola, thanks for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  5. Yayita Reply

    Good morning, Fxwining requested to fill out a form for natural persons and legal entities regarding the KYC verification of clients to identify and verify the origin of the money, which is an audit therefore withdrawals are frozen. And that when they are verified they begin to release capital. How reliable is this information and how to verify that it is a scam or they are really doing the audit. Thank you

    • Recommended-brokers.com Reply

      Hello Yayita, it's a lie, they are excuses for not paying and gaining time, they are scammers and they don't want to return the money, only you can make that happen through us, they will never return your money voluntarily and they will constantly invent excuses to extend the payment time that in the end will never be effective Do not believe anything

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.

      Greetings.

  6. CHEATED Reply

    THESE THIEVES HAVE ALREADY STARTED TO STOP PAYING!

    WHERE ARE David Merino Quintana and Teo Zuñiga Arredondo? SOMEONE GIVE US THE DIRECTIONS AND WE'RE GOING TO GIVE BOTH OF THEM A GOOD BEATING.

    • Recommended-brokers.com Reply

      Hello SCAMMED, thanks for commenting on FxWinning. At present it is 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 Link CNMV).

      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

      Hi huber, thanks for commenting on FxWinning. At present it is 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 Link CNMV).

      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.

      • Lucia

        Good morning !! Fxwinning does not return my money ... I live in Gran Canaria

      • Recommended-brokers.com

        Hi Lucia, thanks for commenting on FxWinning. Currently she is 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 Link CNMV).

        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.

      • Maria Arboleda

        Please can you tell me if this broker is really going to repay the resources we invested in how long they will carry out this procedure. Because I see that the processes are taking longer every day and what they are demonstrating with this is that they do not see interest in the refund of the funds that we deposited with them
        Waiting for an answer

      • Recommended-brokers.com

        Hello Maria, UNFORTUNATELY, THEY ARE NOT GOING TO PAY ANYTHING, THEY ARE GANING TIME TO SAVE THEM PAYING THROUGH OUR CHARGEBACK SERVICES OR COURT LAWSUITS, THE MORE TIME PASSES THE MORE DIFFICULT IT WILL BE TO RECOVER THAT MONEY THAT ALL THE INVESTORS HAVE SCAMMED. Thank you for commenting on FxWinning. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it 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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
        Greetings.

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