FusionTrade.co Review: They’re Dangerous Scammers

 
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FusionTrade.co is an unauthorized broker trying to get traders to use their bogus platform.

This is why they say that FusionTrade.co has over 120,000 active customers.

They imply that you can succeed on their trading platform because they are “safe” broker.

For $250, you can start trading on the CFDs platform. On the other hand, they say that CFDs are risky financial instruments that can make you suffer the loss of your entire deposit.

In the real sense, FusionTrade.co is going to make your work harder by trading against you.

Today we shade light on this scam to try and save people before they fall for the lies of this illegal broker.

FusionTrade.co review

The website is primary in French language which means they may be targeting French speakers.

The broker’s website is not providing anything special that we have not seen with other brokers.

It only keeps implying that they will “help” investors make money through the platform and also through their education materials.

This is like providing financial advisory services which is a highly regulated field.

Broker claims that it is not providing services to citizens of a few countries like the US but at the same time their door is open to citizens of various countries where trading of CFDs is regulated.

We don’t know the ownership of this brokerage as they have failed to disclose details of their company.

Actually FusionTrade could be the of a website and not a registered company.

We’re aware that this broker’s website first appeared in February 2023. We did this review a few months after it started doing business online and we can confirm that this website is not popular.

How they achieved the alleged 120K customers is impossible to tell, considering that this broker does not advertise its services either.

Why FusionTrade.co is a scam broker

There are so many red flags with this website that we cannot ignore. Let’s discuss some of them below.

1)Broker is on the FCA warning list

2)Broker has decided to not disclose their physical address as well as phone numbers

3)Broker has no track record

4)No valid license

5)Using lies to persuade investors to sign up

The FCA in the UK recently called them out stating that the firm is not authorized to provide trading or financial services to UK citizens.

Whenever you trade with such unregulated brokers and you have a complaint, it will be very difficult for the relevant authorities to help you out.

The financial regulator has even stated that the financial ombudsman in the UK won’t help you if you end up getting scammed by Fusion Trade.

We’re also concerned with the fact that this broker was deliberate when they decided to hide phone numbers and physical address.

Their website does not provide these details which means the broker thinks we’re not supposed to know this information.

Instead of building trust by providing this information, the broker is ruining their chances of ever winning our trust.

The broker’s lack of a track record is also bothering. It’s clearly evident that the broker is lying when it says they have thousands of active customers.

A broker with 120,000 customers is a very successful and popular broker. This website is not popular and they’re only trying to use lies to convince people who don’t know better.

Conclusion of this broker review

Everything that you read on the FusionTrade website is hot air.

There are better brokers to trade with and Fusion Trade is certainly not one of them.

This is just one more avenue for losing money on the internet and we discourage wasting time signing up on this broker’s platform.

The scammers are going to cheat you somehow and before you know it, they’ll be convincing you to transfer more money to their company for “better profits”.

They’ll even assign a cold caller to coerce you to deposit more funds. If you agree to do so, they’ll keep manipulating you until you lose a big amount of money.

If you’re a victim of this con game, you should read this information to learn what you should do from this point onwards.

Thanks for reading the FusionTrade.co review. Drop your comments so that we can all hear your story.

1 Comment

  1. Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..
  2. Leigh

    Is fusiontrade really a sham
    I’ve signed up to them and so far they have said that they have made me a couple grand
    mind you they did say it in a very rude manner
    and i was wondering are financial advisors allowed to talk to their clients in that kind of manner
    and so far they haven’t asked me for any more money

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