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Rating Forex / Brokers / Falcon Brokers

Falcon Brokers

Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?

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    Falcon Brokers review – exposing the scammer and honest reviews of the broker’s illegal activities

    Falcon Brokers Ltd is a large, actively developing company that provides brokerage services to clients in 29 European and 94 world countries. The STP counterparty is allegedly registered in Cyprus, operates in accordance with the MiFID directive and has licenses from several European regulators, including CySEC, FCA, BaFin. As a member of the compensation fund, the company protects its clients from financial losses by offering a variety of trading conditions and instruments on the MT4 and MT5 platforms. However, this is all a lie. Authoritative regulators have long since revoked licenses, and users are complaining about fraud.

    Status

    SCAM

    Year of foundation

    2012

    Affiliate program

    No

    Regulation and jurisdiction

    CySec

    Website

    https://www.falconbrokers.com/

    Contacts

    +357 25 891717

    [email protected] 

    41 Nouris Building, Kolonakiou Avenue 4103 Limassol Cyprus

    Pros
    • МТ4 and МТ5
    Cons
    • Licenses revoked
    • Complaints about money theft
    • Fraud with quotes
    Trading Platform

    MetaTrader4 (MT4)

    Mobile Platform

    Types of accounts

    Starter Account

    Standard Account

    Premium Account

    Pro Account

    VIP Account

    Currency

    USD, EUR, GBP, JPY

    Deposit/withdrawal

    Кредитные карты Visa/Mastercard/Maestro

    Электронные кошельки

    Криптовалюта

    Международные платежные системы

    WireTransfer

    Min Deposit

    $250

    Leverage

    1:100

    Min. order

    0.01

    Spread

    1.0

    Financial Instruments

    Cryptocurrency, currency pairs, indices, commodities, precious metals, international stocks, energy, Forex

    Order execution

    Market Execution

    Bonus

    No

    What is known about Falcon Brokers

    The office, with its head office in Limassol, Cyprus, is an active participant in the global financial market, providing services in 94 countries, including 29 European countries. The company operates in accordance with the MiFID directive and has licenses from leading European regulators:

    • CySEC (Cyprus);
    • FCA (UK);
    • BaFin (Germany).

    This confirms the high level of trust and security offered to clients.

    Despite the initial success and obtaining licenses, the broker faced serious problems, including the loss of a CySEC license in 2016 due to failure to meet the required standards. This caused significant distrust in the company and increased accusations of fraud and foul play against customers. The company has since been accused of:

    • manipulations with client positions;
    • setting up software for guaranteed losses by investors;
    • problems with payments;
    • orientation towards working with newcomers to quickly and effectively lure out money.

    Brokers Falcon contact information:

    • office address in Cyprus;
    • hotline;
    • internal chat;
    • Email.

    Many customers reported problems receiving quality support and resolving claims issues. This only increases mistrustFalcon Brokers official website The project is no longer working, so it is almost impossible to contact support managers.

    The project was founded on March 9, 2009, which indicates many years of experience in the market. Despite this, the company has faced serious allegations of fraud and loss of trust from customers, highlighted by numerous negative reviews and complaints about a lack of quality service.

    Trading conditions at Falcon Brokers

    Sharaga promises clients a variety of trading conditions that include multiple types of trading accounts, maximum leverage, various spreads, and the ability to trade a wide range of instruments on popular platforms.

    Scam offers three main types of accounts, each of which is designed for a specific category of traders:

    • Standard – the minimum deposit to open is $200. This account is suitable for beginners and experienced traders who prefer classic trading conditions;
    • ECN – requires a minimum deposit of $2,000 to open. An ECN account offers lower spreads and direct access to market quotes, making it ideal for experienced traders and professionals;
    • Educational – opens free of charge to everyone. This is a great way for beginners to try their hand at trading and test strategies without the risk of losing real money.

    Information about ECN support is not true. The office is unable to carry out transactions on the interbank market due to illegal activities. Many clients write about this Falcon Brokers personal account It’s better not to register here, because cooperation will end in losses.

    The maximum leverage is 1:200, which is quite attractive for traders looking to increase their profit potential, but it also increases risks. For ECN accounts, leverage is defined as 1% of the market price, which provides a more conservative approach to trading.

    The company offers both floating and fixed spreads, starting from 1 pip. This provides flexibility in choosing trading strategies and can be beneficial for traders who prefer both short-term and long-term trading. However, the office has many hidden commissions.

    Trading platforms Falcon Brokers

    Sharaga provides access to two of the most popular and feature-rich trading platforms in the industry:

    • MetaTrader 4 is a well-known platform that offers many tools for analysis and trading. MT4 is ideal for all types of traders due to its flexibility, reliability and wide range of trading tools;
    • MetaTrader 5 is a newer version that includes all the benefits of MT4, but with additional features such as improved charting tools, more time frames and support for additional order types.

    Support for popular platforms does not play a special role, since quotes are managed by employees Falcon Brokers Investments on enslaving conditions are doomed to failure. Such cooperation always ends in losses.

    Clients can trade a wide range of instruments including forex, metals, futures, energy and commodities CFDs. This provides traders with the opportunity to diversify their portfolio and select instruments according to their trading preferences and strategies.

    Trading conditions in Falcon Brokers seem quite attractive, especially for experienced traders, due to access to ECN accounts and low spreads. Offering a variety of account types and trading platforms is also a big plus as it allows traders to choose the terms that best suit their strategies and experience level. Additionally, the ability to use a practice account without the risk of losing real funds is a great way for new traders to learn the basics of trading and the platform.

    However, despite the apparent attractiveness of the terms, it is important to consider the broker’s reputation and customer reviews, especially in light of reports of loss of license and allegations of fraud. It is better for potential clients to refuse cooperation due to abnormally high risks.

    Expose Falcon Brokers: signs of fraud

    The dubious company is criticized by clients and experts. Recently, many allegations of fraud and dishonesty have been made against the company. During the project review, the following signs of fraud were identified:

    • One of the most obvious signs of problems in a broker’s activities is the loss of a license by the regulator. Falcon Brokers lost its CySEC certificate in 2016 due to non-compliance with established standards and requirements. The regulator’s license is an important indicator of the reliability and transparency of the broker’s work; its loss raises serious questions regarding the integrity of the company;
    • Customer reviews and analysis of Sharaga’s activities indicate possible manipulations with trading positions. This includes unjustified account drains, artificial creation of slippage and unexpected changes in order execution, which leads to clients losing funds;
    • many users reported delays or no payments at all. Lengthy verification processes, unreasonable refusals of payments and ignoring withdrawal requests are red flags indicating potential fraudulent schemes;
    • reports indicate that the firm’s representatives actively pressured clients to increase deposits and engage in questionable trading activities. This behavior is often associated with attempts to maximize profits at the expense of clients, without regard for their interests and financial security;
    • the broker primarily focused on beginners, offering them exclusive conditions and training, which in reality led to quick and significant losses of funds. This indicates a strategy aimed at easy mining at the expense of inexperienced investors;
    • opacity of trading conditions, hidden commissions and lack of clear information about risks are all signs that should alert potential clients. Fraud companies often use complex and unclear terms to hide their intentions.

    The listed factors clearly show why you should refuse services Falcon Brokers overview complaints confirms the inappropriateness of trading on the platform of the company in question.

    Expert opinion

    Eugene Rudenko

    Traders have no reason to trust Falcon Brokers reviews investors are shown that this is a cheap forex kitchen that steals clients’ savings. At one time the project actually had licenses from leading auditors, but as of now all of them have been revoked.

    Want to spread the word about your company or have you been in a negative review? Contact the portal editorial office right now

    Falcon Brokers reviews

    Nman from Pakistan notes that the Cyprus Securities and Exchange Commission (CySEC) has suspended the license of brokerage company Falcon Brokers Ltd. This event is a significant indicator of problems in the company’s performance, since licensing and regulation are key elements in confirming the legitimacy and reliability of a financial intermediary. Loss of a license indicates serious violations of financial auditor requirements.

    Stefan from Germany shares his experience of waiting more than two weeks for a withdrawal. He also mentions that he cannot contact the company by phone or email and wonders about the company’s possible bankruptcy. This review highlights payment problems and lack of communication, which is a worrying sign for any counterparty.

    Grisha, commenting on the situation, points out that the project has been operating without a license for a long time. He expresses bewilderment at how people could continue to invest in a company that had been blocked by regulators. Grisha also mentions the sharaga’s use of all possible kitchen methods to deceive clients, which makes any connection with the company a guaranteed failure.

    Karina shares her personal experience of losing $5,000, claiming that the company deceived her like a naive teenager. She found out about the loss of the company’s license after she had lost her money. Attempts to contact managers and complaints to the broker were useless, since no one was going to return her money. Karina calls Sharashka’s office rotten and claims that it does not deserve attention.

    There are also more restrained comments, but in most cases investors are still wary of the project due to problems with financial regulators.

    Conclusion

    Falcon Brokers – a cheap scam that steals money from newcomers. If you want to truly make money from trading, trust your investments to a regulated broker. To withdraw funds from account scam, write to us and we will help you make a chargeback.

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    FAQ

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    How do customer reviews influence Falcon Brokers on the company's rating?

    Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about Falcon Brokers on the main broker profile page.

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    How to write a review about cooperation with Falcon Brokers Online Forex rating?

    You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how to leave a review about the company Falcon Brokers.

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