FVP Trade has just announced a new statement about this current situation on July 25

About FVP Trade

FVP Trade is an online forex broker that recently attracted much attention. In the previous articles, we mention that this broker freezes clients trading accounts.

As we know so far, FVP Trade is suspected to get involved in a Ponzi Scheme. WikiFX has given this broker a very low rating of 1.8/10. A broker with such a low score can take your money away fraudulently.

On July 25, 2022, we note that FVP Trade just announced a new statement about this current situation.

(Source: FVP Trade)

According to the statement above, FVP Trade first described its current situation and explained the reason why the funds were frozen. Then FVP Trade claimed that it is trying its best to collect and upload all required documents from all over the world to prove the money held by it is legal. In addition, this broker denies any involvement in money laundering. FVP Trade urges its clients to wait patiently. In addition, FVP Trade asks the traders not to believe the “fake news” or rumors from its competitors.

Conclusion:

There was nothing really useful in this statement. The purpose of this broker is to calm the victim's anxiety. However, this practice is usually a deliberate attempt by scam brokers to buy time to abscond with the money. If you want to know more about this broker, you can read this article via this link

WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!