⭐ Opinions and information about the Fantex broker ⭐
¿Is the Fantex broker (aka fantex.co) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Fantex reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. Let's start with the analysis:
✔️ What is Fantex? Fantex is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: Felicity Group LTD.
✔️ Where is it based? Fantex is based in: Dominica.
✔️Is it a regulated broker? If we talk about regulation, the Fantex broker does not mention absolutely anything about being regulated, Fantex is an unregulated broker.
We will continue to analyze the different account types that Fantex offers. In the case of Fantex, we note that it has 4 different plans or types of account: Classic Account, Gold Account, Platinum Account and Premium Account.
🔹 Classic account- $ / € 250 minimum initial deposit, leverage up to 1:30, instant execution, advanced graphics, negative balance protection, bonuses.
🔹 Gold Account- $ / € 20.000 minimum initial deposit, leverage up to 1:30, instant execution, advanced charts, negative balance protection, bonuses, dedicated account manager.
🔹 Platinum Account- $ / € 50.000 minimum initial deposit, leverage up to 1:30, instant execution, advanced charts, negative balance protection, bonuses, dedicated account manager, signals.
🔹 Premium account: leverage up to 1:30, instant execution, advanced charts, negative balance protection, bonuses, dedicated account manager, signals.
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🔸 The platform used to operate is: own platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Fantex offers, explanation of basic concepts of the world of investments, really not much more.
What we like the most
What we like least
Additional information about the company
🔸 Phone number: does not have.
🔸 E-mail: contact directly from the website.
🔸 Website: fantex.co
🔸 Bonuses or promotions: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Fantex Rating ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
☑️ Why? It is an unregulated broker and it is also located in a very insecure country for these activities, on the other hand, when looking for information and other evaluations about Fantex we found a large number of negative reviews.
❗ June 2021 update: CNMV, the financial regulator of Spain, has Reported to Fantex for fraudulent activities.
❗ June 2021 update: BaFin, Germany's financial regulator, has Reported to Fantex for fraudulent activities.
❗ Update August 2021: CONSOB, Italian financial regulator, has reported Fantex for fraudulent activities.
❗ October 2021 update: BAFIN, Germany's financial regulator, is investigating Felicity Group LTD for fraudulent activities.
❗ Attention: Union Stocks, luxinvestment and FANTEX are linked to Felicity Group LTD, a company accused of defrauding many people, with a very bad reputation, and with complaints from various financial regulators.
(I.e. Is Fantex safe? How reliable is Fantex? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
👇 User and trader score 👇