Warning: Is FXGM a Scam?

Warning: FXGM (fxgm.com) Analysis

FXGM (fxgm.com) has been flagged as a suspected illicit platform.

We found that the company name is Depaho Ltd, it is located at Cyprus, the phone number is '+35722030082, and the support email is info@fxgm.com.

FXGM claims to be a investment provider, but it is currently unlicensed by any top-tier authority.

Scammed by FXGM?

If FXGM fails to release your capital, you need to act. Fill out the form below to consult our cyber-forensics team for a no-obligation assessment.

Regulatory Check: FXGM

The biggest issue is that FXGM (fxgm.com) lacks regulation from a credible authority.

Trading with unlicensed firms is highly risky. Trusted firms are always authorized with bodies like the SEC, ASIC, or FCA for your protection.

FXGM lacks this protection. This means there is no safety net if they keep your money. Most investment fraud use unlicensed entities, and getting back money from them is difficult without professional assistance.

For example, in the UK, unauthorized firms are not covered by the compensation schemes. In the US, they are not part of regulatory bodies, meaning your capital is at risk.

Warning Signs of FXGM

Investment fraud is evolving. Scammers use social engineering to steal wealth. Below are common methods used by sites similar to FXGM (fxgm.com).

Dating App Scams

"Pig Butchering" is a brutal method where scammers groom victims over weeks. They fake a relationship online. Once trust is built, they mention a secret investment. It is a lie to get you onto a scam site .

Rigged Platforms

Fraudsters create websites that mimic real trading apps. They have charts and balances that go up. But it is a game. The broker controls the prices to convince you so you invest more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: You get calls from "brokers" you don't know.
• Unregulated: The company lacks authorization.
• Guaranteed Profits: They promise huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They ask for "tax fees" first.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Do not trust positive ratings. Scammers frequently post their own positive reviews to look legitimate.

Conclusion

We do not recommend FXGM. It appears to be a scam. Save your funds and use a licensed broker. Avoid fxgm.com at all costs.