FixMeaningPro – Real or Fake?

Website URL: https://www.fixmeaningpro.com/#

Founded: N/A

Regulations: N/A

Languages: English, French, German, Italian

Deposit Methods: SIMPLEX, Paymentspro, GumbalPay, PayCent, Ikajo, Intrarix, Certus, and IPayTotal

Minimum Deposit: $250

Free Demo Account: N/A

Number of Assets: 6

Types of Assets: Bitcoin, Stocks, SafeHaven, Exotic Pairs, Minor Pairs, Major Pairs

We don’t believe a broker named FixmeaningPro can ever be considered legitimate. The bottom line is that this firm is unregulated and poses a danger to investors. We arrived at this conclusion by just glancing at the website and browsing through the home page. There is, however, much more to say to persuade users not to invest here.

As we’ve seen, the name is absurd, and there’s nothing about it that makes us feel professional. Furthermore, FixmeaningPro does something that many unregulated brokers do that is quite irritating: it provides an unusually large quantity of information and subpages, the majority of which are absolutely worthless to traders.

The broker comes with one of the most popular layouts for opening an account, complete with stunning graphics and meaningless information. Unregulated brokers are the only ones who utilize this form. This registration form has never been used by a legitimate broker. Furthermore, the user area that follows is a comprehensive template that is highly common with fraudulent brokers. In a similar vein, the subsequence web trader is well-known. Users of this trading program may trade forex currency pairs, cryptocurrencies, indices, stocks, and commodities, according to the software.

Trading Accounts and Conditions

It was predicted that practically nothing useful would emerge from this deluge of data. Almost nothing in the texts and irrelevant subpages gives us a sense of where the broker is or if it is regulated or not, despite the fact that we already knew it wasn’t. None of the web pages are in any way useful.

There are three accounts available on the website: Standard, Premium, and Professional. €250, €2,500, and €25,000 respectively for the initial deposit.

The EUR/USD spread is 0.1 pips, which is an impossibly small amount. Either there is a commission or the broker has added it only to entice people and demonstrate a point. Spreads have commissions linked to them, according to the website. The higher account tiers are subject to these fees. However, we were never offered the option of selecting an account type. As a result, we assume that a spread commission is imposed automatically. At 1:200, the leverage is at its maximum.

FixMeaningPro – Advantages

No one has given FixMeaningPro a license. Worse, the broker does not even identify its address, so we have no idea who is supposed to be in charge of the firm. What we do know is that trading with an unregistered broker is extremely dangerous.

FixMeaningPro doesn’t have a license, there is nothing advantageous to using this broker. Why would anyone want to use a shady broker for their money?

FixMeaningPro – Disadvantages

Unregulated

The broker is regulated by the laws of Estonia, according to a relatively frequent assertion in the terms and conditions. This country is being exploited as a scapegoat once again, for reasons we don’t fully understand. One thing is certain: the broker is not licensed in Estonia, and if it is, it is operating entirely outside the law.

And that’s the closest we come to any kind of knowledge that may be useful in this situation. The broker is obviously unlicensed, but it’s also nameless, which makes it much riskier than we suspected. You can’t be tracked if you’re anonymous, and getting your money back is much more difficult.

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Very Shady Withdrawal and Deposit Methods

Clients have the freedom to invest in eight diverse and odd alternative payment methods, as displayed in the user area: IPayTotal, Certus, Intarix, Ikajo, PayCent, GumbalPay, Paymentspro, and SIMPLEX. A $250 deposit is required.

Nothing is revealed in the area where the withdrawal information should be. There aren’t any options for money withdrawal. Upon checking the website, users can discover the well-known withdrawal and deposit policy that is common among unregulated brokers, and which generally covers the same ground.

Wire transfers have a $50 fee, while cards incur a $35 fee and alternative methods incur a $25 fee. In order to withdraw, you must satisfy a 200-hour turnover requirement. Withdrawal requests are handled in 5 days and need a minimum of $250 for wire transfers and $100 for all other methods.

Not that this information should sway your opinion of the broker in any way. It is uncontrolled and poses a threat to everyone.

Conclusion

We highly urge consumers who have been defrauded to initiate a chargeback with their credit or debit card company. That is if they used a credit card to invest. The chargeback term for MasterCard and VISA is 540 days. Recovering bank transfers is more difficult, but not impossible. However, the deceived customer should change his or her bank username and password immediately. Then we encourage him or her to call the bank and work together to find a solution.

The FX market faces two major threats: a large number of fraudsters and high volatility. Only by ensuring that a broker is licensed can it be determined that it is not a scammer and is sufficiently equipped to cope with turbulent markets.

That is, regulatory authorities all over the globe monitor the brokers to whom they give licenses — for example, businesses in the United Kingdom are required to provide daily data on open and closed deals to ensure that no price-fixing or other forms of manipulation are taking place.

Such brokers must demonstrate that they have sufficient liquidity to deal with turbulent markets by maintaining a balance of at least 730,000 euros at all times. Even if the firm fails, its customers are entitled to compensation – up to 85,000 pounds will be given to each affected individual from the guarantee funds in which brokers must join.

FixMeaningPro

2.2

User Experience

2.0/10

Payment Options

2.0/10

Security

2.5/10

Support

2.3/10

Reputation

2.2/10

Pros

• None

Cons

• Unregulated
• Very Shady Withdrawal and Deposit Methods