You’ve read that right – all you need to know about this trading scam is here in our Fuelta Review. Make sure to read the entire text.
Despite Fuelta’s website being unavailable at the time of this writing, it did not stop us from completing our review and exposing the scammer that Fuelta is. Allow us to prove why this broker is not worth your money!
Fuelta is a dubious brokerage, i.e. we do not know anything about this entity’s legal background. There is no info about the company that operates this broker, the jurisdiction under which it does business or the governing law that binds the agreement clients make with Fuelta.
Since there’s no info, we decided to do some digging and check the databases of some regulators we consider reputable when it comes to trading.
Thus, we checked the registers of financial market watchdogs operating under the European Securities and Markets Authority (ESMA) such as the Italian CONSOB, Spanish CNMV, and German BaFin but found nothing that would give us a clue to Fuelta’s regulation.
Fuelta is not licensed, we got that, but what do traders think about this broker? We found several complaints against Fuelta on Trustpilot and WikiFX.
It seems that withdrawal issues and poor customer service are inevitable if you trust Fuelta. Please do not ignore the experiences of these victims and dissatisfied traders.
Hello I have a deposit of 250€. Then come I win, please pay out, don’t come, blocked the account, phone all wrong, e-mail not available, a platform scam, don’t trust anyone investing at fuelta.co…
Their support staff does not have literacy skills. I have provided a copy of my driver’s license for them to check. However, they say that we are unable to verify your identity and requests a copy of your driver’s license. They are utter nonsensicality. I was so blind to choose this broker! I advise that you guys don’t come.
Fuelta was active in several heavily regulated areas. Let’s make an overview of the domains, i.e. countries in which Fuelts tried to provide its illicit services:
This trading scam is like the vast majority of the ones we covered in our reviews. It adopts a similar framework – Fuelta persuades traders to invest, provides them with a rigged web platform, creates an illusion of profits and finally, denies clients their withdrawal requests.
It seems that Fuelta does not use social media. The main communication tools of this scammer are emails and phone calls.
According to our sources, Fuelts offers a browser-based trading platform with limited features. The broker’s WebTrader includes elementary charts, graphs, and indicators, and can be accessed via both desktop and mobile systems (Android & iOS).
Unfortunately, the web trading terminal lacks advanced tools such as automated trading and multiple timeframes. Fuelta does not support valid third-party platforms such as MT4, MT5, SiriX, or cTrader.
Given Fuelta’s fraudulent and unregulated status, we believe that the broker’s WebTrader is rigged, i.e. manipulated to show fake trading profits.
One source claims that Fuelta does offer a risk-free demo account. Another one begs to differ. As the broker’s website is unavailable, we cannot check for ourselves.
Nevertheless, we’re convinced that this review has shown enough evidence already to deter you from investing in this scam. First, make sure your broker is licensed and then check if there is a demo account.
Fuelta claims that the following payment methods are available:
The Basic account type costs a minimum of 10,000 $ and yet Fuelta allows clients to deposit 250 $ to open a live account. Even 250 $ is too much to risk with this scammer. The deposit and withdrawal fees are unknown.
If you have evidence that Fuelta violated any terms and conditions, we would appreciate it if you share that information with us. We can use it to report the scammer to the authorities.
Global Fraud Protection can also help you get your money back. For that, you will need to request a chargeback or recall, depending on the payment method, at your issuing bank.
Book a free consultation with our team to learn how the process works and what you need to do. You must act as quickly as possible!
Contact us today and start your chargeback process.
Absolutely not. Fuelta is an anonymous trading scam. Please do not invest in this fake brokerage. Call us if you need help getting your money back.
Although Fuelta says that the minimum deposit for the Basic account is 10,000 $, the broker accepts 250 $.
We cannot say for sure as we do not have access to Fuelta’s website.
Absolutely not. Fuelta is an anonymous trading scam. Please do not invest in this fake brokerage. Call us if you need help getting your money back.
Although Fuelta says that the minimum deposit for the Basic account is 10,000 $, the broker accepts 250 $.
We cannot say for sure as we do not have access to Fuelta’s website.
The post The Fuelta Review Contains the Truth About This Trading Scam appeared first on Global Fraud Protection.
