How FXNobel tricks clients out of their money

There is a great variety of brokers in the FX market. Some of them are fairly reliable, whereas others just wait for the moment to trick gullible traders out of their money. FXNobel belongs to the latter category. Judging by the languages provided on its website, the broker is mainly focused on clients from Russia and from the countries of the EU. What is more, FXNobel claims to be a young and ambitious broker. It makes quite a good first impression. It is no wonder that so many traders have easily walked into its trap. The official website is well-designed and full of all sorts of catchy phrases and big promises on how to get rich on trading. However, after having searched a bit more information about this broker on the Internet, it becomes apparent who you are dealing with…

How does FXNobel work?

FXNobel is an offshore broker headquartered in Malta. It has been operating since 2017. The broker is relatively young. The alleged main aim of the broker is to provide traders with the opportunity to trade on Forex. It offers a standard set of trading instruments such as currency pairs, shares, CDF contracts, and cryptocurrencies. FXNobel clients can work via computer or mobile apps. The broker also provides several account types. It goes without saying that the more expensive the account is, the more advantages a trader has. In addition, FXNobel has a bonus program. At first glance, this broker seems quite common unless you start digging deeper.

FXNobel is regulated by the Financial Commission. There was even an article about it.

However, later, the broker’s membership was revoked. Apparently, it was due to FXNobel’s fraudulent schemes. Curiously enough, the broker lost its membership almost immediately after obtaining it.

After losing its membership, the broker did not stop to provide financial services. FXNobel changed its domain and contact information. All of a sudden, the Bulgarian broker has now a head office in Malta. Even its office in Bulgaria never existed. A specified address on the website belongs to the transportation company. There is no need to continue. This information should be enough to draw the conclusion about this broker.

Clients’ feedback on FXNobel

Naturally, when it comes to the Internet and, especially, to the feedback section, we need to be careful as some reviews may be trustworthy while others are far-fetched. Online comments are the most popular communication tool used by everyone without exception. With a rational approach and a bit of deduction, an Internet user can get an overall picture of any subject. It works the same way when you need to learn more about some broker.

What do people write about FXNobel?

Anton, December 21, 2018
FXNobel is a fraudulent broker. I managed to make good money. So, when I tried to withdraw some, the broker started making up different obstacles such as taxes and etc. Do not even think to work with this scammer!

Vyacheslav, January 12, 2019
I fell victim to the dishonest schemes of this broker too. I had been closely working with Vladyslav Turovskiy for about 3 months. Not only did he pool the wool over my ears all this time but he also convinced me to find money and made a deposit. He called me 4-5 times a day. Even when I refused to cooperate, he continued to call. Once I lost control and in quite a rude form told one of the staff member to back off. Do you think it helped? They still call me.

Vera, May 5, 2019
I would also like to say a couple of words about FXNobel staff members. They just deceive people telling them fairy tales about the broker’s reliability. All they want is to squeeze as much money as possible from you. Their rascal scheme is quite simple: the broker is headquartered outside Russia and hides its identity behind fake names. So, if they take your money, you will never get it back as there is no address or contacts to find them. Stay away from these scammers and do not even think to trust this broker!!

Origamaur, May 9, 2019
Imagine my astonishment when I have worked with the broker for some time and then it just blocked my account. I have lost all my money. I have been collecting it for a long period of time. Now I do not have a penny. They convinced me to trade cryptocurrency with them. As a result, I have lost everything. I worked with Valery who called me from the number +7499*** and 79*****972. Then, I got calls from Mark who always told me about depositing more money to my trading account. I also talked to Rustam (rustam.ma****v@fxnobel.com), skype rustam***m*****v@fxnobel.com, (a) senior analyst, who also told me to deposit funds.

Velym, May 9, 2019
I have lost a big amount of money due to this scammer! I will show you a copy of an insurance policy that seemed quite legit to me. I was such a fool and deposited more and more money: https://prnt.sc/nmbrl7. Instead of getting my honestly earned $10,000, I saw that in my account I had - $10, 628. I just want you to know that all this time I have worked with Maria Evgenievna Herman via Viber +35795***8. She sent me different documents via email marina.***@fxnobel.com
Ira, May 11, 2019
Thank you for your feedback, Velym. This scam company tried to play the same trick with me.

How does the broker deceive traders?

FXNobel has a lot of ways to fool clients out of money. The company is very resourceful when it comes to crooked schemes. Its staff members persuade traders to deposit a great amount of money. Then, they empty clients’ accounts, using the popular scenario of cheating with loans, commission payments, and taxes. What is more, the broker operates under the motto "Together we are a force!" FXNobel closely cooperates with other similar scammers. While its clients cannot withdraw money, the broker’s employees have been many times accused of withdrawing money from their clients' cards. Again, it seems to be enough to create a coherent impression of this enterprise.

Conclusion

Reviews about the broker are absolutely fair, and this is only a small part of the negative ones. Plus, we can add more unpleasant details and evidence about this broker e.g. the lack of a certificate of the regulator. FXNobel is the most common financial pyramid when you need to deposit money, invite friends, and wait for the wealth to fall upon you. A lot of traders have been tricked by this broker. Do not become one of them.