FXTMega: Potential Scam Warning

FXTMega is a scam that tries to impersonate FXTM /Forextime)

Some people might get tricked by the similar name. FXTMega even uses the same favicon as FXTM to further boost similarities. It’s a reason for people to get cautious because normally FXTMega could get sued alone for this.

FXTMega is offering binary options

Binary options are no longer permitted in the EU and several other countries worldwide due to the nature of it. Many people got scammed by binary options in the past and there is a reason why it is forbidden in many countries.

FXTMega promises trading results

Another huge red flag is that FXTMega promises results. “Invest and earn up to 20% in 1 hour” is what their main headline promises when you visit the website.

FXTMega does not have any license or regulatory overview

There is just a simple one-liner that highlights who is (maybe) behind the website. “© 2021 INVOLVA CORP – Nr. 104693. Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960″

We didn’t take the time to check if the address and company is legit itself or if it’s just an imaginary name, but that the website is offering financials services while having the company headquarters on the Marshall Islands without any license from any regulatory body shouts scam and avoid.