Warning: Is AffluenceFxTrade a Scam?
⚠️ AffluenceFxTrade has been reported by the Financial Conduct Authority (United Kingdom).
Be careful of AffluenceFxTrade (affluencefxtrade.live); it displays several indicators of a scam. It operates without a valid financial license.
Is AffluenceFxTrade (affluencefxtrade.live) a Scam?
Be cautious of AffluenceFxTrade (affluencefxtrade.live); it exhibits several indicators of a scam.
We found that it is located at 11 Grace Avenue, STE 108, Great Neck, New York, 11021 USA, the phone number is '+702706446, and the support email is support@affluencefxtrade.live.
AffluenceFxTrade claims to be a trading platform, but it is currently not authorized by any credible commission, such as the FCA or SEC.
Cannot Withdraw from AffluenceFxTrade?
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Safety Analysis: AffluenceFxTrade
Our investigation shows that AffluenceFxTrade does not hold a valid license.
Investing with unlicensed firms is very unsafe. Trusted firms are must be authorized with bodies like the SEC, ASIC, or FCA to ensure consumer safety.
AffluenceFxTrade operates without this protection. As a result, there is no protection if they keep your money. Many investment fraud use unlicensed actors, and getting back funds from them is hard without expert help.
For instance, in the UK, unauthorized firms are not covered by the compensation schemes. In the US, they are not part of regulatory bodies, so your money is at risk.
How They Steal Money
Investment fraud is evolving. Scammers use psychological tricks to steal your savings. Below are common tactics seen in sites similar to AffluenceFxTrade (affluencefxtrade.live).
The "Romance" Trap
The "Romance Scam" is a common tactic where scammers groom victims over weeks. They fake a romance online. Once trust is built, they mention a "lucrative" crypto opportunity. It's a trap to lure you onto a scam site like AffluenceFxTrade.
Rigged Platforms
Fraudsters create websites that mimic real trading apps. You see graphs and balances that increase. But it is a simulation. The scammer manipulates the prices to convince you to deposit more. If you ask for a payout, the "profits" are gone.
Red Flags
- Unsolicited Contact: They call you from "brokers" you don't know.
- Unregulated: The firm has no authorization.
- Guaranteed Profits: They promise 1% daily returns or risk-free trades.
- Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
- Pressure Tactics: Agents push you to deposit more.
Ignore positive ratings. Scammers frequently write their own 5-star comments to look legitimate.
Verdict
Our verdict is to avoid AffluenceFxTrade. It appears to be a scam. Save your funds and find a regulated broker. Avoid affluencefxtrade.live at all costs.
DigitalReviewCenter