FIATVISIONS Review
Beware Investors FIATVISIONS – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Who is FIATVISIONS:
FIATVISIONS is a website that claims to be a leading online broker that offers trading services in forex, stocks, commodities, indices, and cryptocurrencies. According to its website, FIATVISIONS is operated by a company called Fiat Visions Ltd, which is registered in St. Vincent and the Grenadines. However, there is no evidence that FIATVISIONS is licensed or regulated by any reputable authority in the jurisdiction where it operates.
Regulation:
FIATVISIONS has been the subject of several warnings by regulators from different countries, who have alerted investors that FIATVISIONS is not authorized to provide trading services in their territories and may be involved in fraudulent or manipulative practices. These regulators include:
– The Australian Securities and Investments Commission (ASIC), issued a warning on 15 November 2021, stating that FIATVISIONS is not licensed or regulated by ASIC and may be a scam.
– The Ontario Securities Commission (OSC), issued a warning on 18 November 2021, stating that FIATVISIONS is not registered with the OSC and is soliciting Ontario residents to trade with them without complying with the securities laws of Ontario.
– The Alberta Securities Commission (ASC), issued a warning on 19 November 2021, stating that FIATVISIONS is not registered with the ASC and is engaging in illegal distribution of securities and making misleading statements to Alberta investors.
– The Financial Conduct Authority (FCA), issued a warning on 23 November 2021, stating that FIATVISIONS is not authorized by the FCA and is providing financial services or products in the UK without its permission.
Location:
FIATVISIONS claims to have its headquarters at Suite 305, Griffith Corporate Centre, Beachmont Kingstown, St. Vincent and the Grenadines. However, this address is known to be used by many other unregulated or scam brokers and does not indicate the physical presence or legitimacy of FIATVISIONS. Moreover, FIATVISIONS does not provide any contact details such as phone numbers or email addresses on its website, which makes it difficult for investors to reach out to them or verify their identity.
Services:
FIATVISIONS claims to offer trading services in various financial markets, such as forex, stocks, commodities, indices, and cryptocurrencies. It also claims to provide access to a web-based trading platform, as well as educational resources and market analysis. However, these claims are not backed by any evidence or testimonials from real clients. Furthermore, FIATVISIONS does not disclose any information about its trading conditions, such as spreads, commissions, leverage, margin requirements, or withdrawal fees. This raises doubts about the transparency and fairness of its services.
Reviews:
FIATVISIONS does not have any positive reviews or feedback from real clients on any reputable online platforms or forums. On the contrary, there are many negative reviews and complaints from investors who have been scammed or defrauded by FIATVISIONS. Some of the common issues reported by these victims include:
– Being pressured or misled into depositing large amounts of money with FIATVISIONS
– Being unable to withdraw their funds or profits from FIATVISIONS
– Being ignored or blocked by FIATVISIONS when they request assistance or clarification
– Being charged with hidden fees or commissions by FIATVISIONS
– Being manipulated or deceived by FIATVISIONS into losing their money
Customer Service:
FIATVISIONS does not provide any reliable or professional customer service to its clients. As mentioned earlier, FIATVISIONS does not provide any contact details such as phone number or email address on its website. The only way to communicate with them is through a live chat feature on their website, which is often unavailable or unresponsive. Moreover, many clients have reported that FIATVISIONS’s customer service agents are rude, unhelpful, or dishonest. They often refuse to answer questions, provide false information, or make unrealistic promises.
Securing Your Investments Against Unscrupulous Brokers:
If you are looking for a trustworthy and reputable broker to trade with, you should avoid FIATVISIONS at all costs. FIATVISIONS is not regulated by any authority and has been warned by several regulators for operating illegally and fraudulently. You should always check the regulatory status and reputation of any broker before you sign up with them or deposit any money with them. You should also look for brokers that offer transparent and fair trading conditions, secure payment methods, and professional customer support.
Conclusion:
FIATVISIONS is a broker that you should stay away from. It is not regulated by any authority and has been flagged by several regulators for operating without authorization and engaging in fraudulent or manipulative practices. It does not provide any reliable or professional services to its clients and has received many negative reviews and complaints from investors who have been scammed or defrauded by it. You should always do your due diligence and research before you choose a broker to trade with and avoid brokers like FIATVISIONS that pose a high risk to your investments.
