Warning: Is FusionTrade a Scam?

Review: FusionTrade (fusiontrade.co)

Be cautious of FusionTrade (fusiontrade.co); it displays multiple signs of a scam.

We found that it is located at Poland, the phone number is '+447766678553, and the support email is support@fusiontrade.co.

FusionTrade claims to be a trading provider, but it is illegal by any credible commission.

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Safety Analysis: FusionTrade

The major issue is that FusionTrade (fusiontrade.co) has no license from a credible authority.

Investing with unlicensed firms is very risky. Trusted firms are must be licensed with bodies like the FCA, CySEC, or CFTC to protect investors.

FusionTrade lacks this protection. This means there is no protection if they withhold your funds. Most online scams use unlicensed entities, and getting back money from them is difficult without expert assistance.

For instance, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not part of SIPC, so your capital is completely exposed.

Common Scam Tactics

Online trading fraud is evolving. Criminals use manipulation to steal your savings. Here are typical methods seen in brokers like FusionTrade (fusiontrade.co).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal method where scammers build trust over weeks. They build a relationship on social media. Eventually, they mention a "lucrative" investment. It's a trap to lure you onto a scam site like FusionTrade.

The "Bonus" Trap

Fraudsters build websites that look exactly like legit trading apps. They have charts and balances that increase. But it is a fake. The broker controls the prices to convince you to deposit more. When you try to withdraw, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" you don't know.
• No License: The company lacks authorization.
• High Returns: They promise 1% daily returns or risk-free trades.
• Withdrawal Issues: You cannot get your money out. They demand "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to deposit more.

Do not trust positive ratings. Fraudulent brokers frequently write their own 5-star reviews to look legitimate.

Verdict

We do not recommend FusionTrade. It appears to be a fraud. Protect your money and find a regulated broker. Avoid fusiontrade.co at all costs.