FXGiants – Is it scam or safe?

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FXGiants – Is it scam or safe?

FXGiants is a brand name of 8Safe UK Limited that is regulated by the Financial Conduct Authority (FCA). The FCA license allows it to offer financial services, including forex.

However, FXGiants is a branch of the broker IronFx that has been announced as a scam broker in many forex forums. In November 2015, the Cyprus Securities and Exchange Commission (CySEC) fined IronFx EUR335,000, for its refusal to pay the funds that 160 clients wanted to withdraw.

So far, we haven’t received any complaints from clients of FXGiants.

If you feel frustrated by FXGiants and have something to share with us, please fill in the form below, describing your case:

10 Complains

  1. Warning! This is scam and criminal company! Iron FX tries to fund new branch of its scam company. FX giants is another scam like iron fx. Stay away! This broker is the same as iron fx. They use similar website and have the same documents. They only have a different logo. Do not use this broker. Stay away!

  2. I am another one scammed by FXGiants. I got a bonus initially. Four months later I passed the requirement to withdraw my money and I requested a withdrawal. They refused to fill it. They said my IP was the same as the one with another live account. WTF! Another ridiculous reason to reject my request. I wanted to withdraw just USD300 but they didn’t do that. I think this scammer doesn’t pay at all!

  3. Guys, do not waste your time and money. This is the same scamming company as iron fx. They offer no deposit bonuses to collect more fishing clients. They promise many things on their site but in the end you will get nothing. No bonuses, nor money! A real broker will never call you asking for such personal information. Do not share your details. Stay away!

  4. FX giant is just a call center that collects clients to steal their money. They also offer 50% commission to other call centers for sending clients who open accounts with them. This is a scam. If you want to invest in some risky assets, buy an asset that you can hold it in your hands and can sell it later gain! Stay away!

  5. They manipulate prices. I asked them why their tick chart and the candlesticks have different prices and they answered me they couldn’t disclose this with me because this was confidential. So, they think fraud is confidential?? Do not trust them! Stay away!

  6. One of their account managers called me and made me open an account with them while I already had ones with two other brokers. He convinced me he could make my account profitable after I made some losing trades. I agreed and then they haven’t called call me for a month. After that they called me again pushing me to open an account and they would give me advice how to trade. Well, a month later while they were advising me I lost 80% of my money. Obviously, they are amateurs in trading. Their website is misleading, showing news headlines only but not the data. I deposited fast but the withdrawal took a month. Do not deal with them!

  7. I got a call from a trader for the first time in August 2019. Less than a year later, through a fabricated process of baiting me with unbelievable profits, and matching my losses, I was in over $185,000. The platform had assigned my personal broker to me, that called me from time to time to tell me about their new offers. And they said he was one of their top brokers, they further told me the broker had made a lot of people so rich. The broker told me there was an insurance that they get on them, every trade that we do that’s secured and we could never lose money, he will put in there that it’s an insured secure trade, and they buy the insurance for it. so i was assured, I won’t lose any money on if we lose. Okay? But the catch is, you have to bring in an additional $25,000 in order to get that secured trade status on your account. I stupidly did this. Once I hit a certain profit level, I tried to remove money from them. That’s when they denied me being able to take out my own money. They also told me to pay an additional fee to bring out my money. I was blocked out of my accounts and denied withdrawal even after i contacted them in various ways. Of course they never told me that up front. So when I heard that, then it was pretty obvious to me that they were running a scam.I was very sad and confused after investing a lot. Earlier this year i was researching for a recovery team luckily i came across a comment on a recovery website that recommended a funds recovery expert on binary/forex and bitcoin investment recovery, in the person of Mr Albert Murray, and i contacted him immediately through his email address and explained my issues with my investment broker to him, God so kind, him and his team worked relentlessly to get my refund, and was able to build a case against the scam broker with the information i provided about my trading experience and my funds was refunded back to me within a week interval, i was able to get access to my funds with his help, feel free to reach out to him if you are having issues withdrawing your funds, via his email address: [email protected] and he will guide you on steps to take and get your invested capital including your bonus refunded back to you.
    Good luck

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