Is PCLoudFXTrading A Good Broker or a Scam?
PCLoudFXTrading says it offers cloud “minning.” Although spelling mistakes can happen to anyone, we’d expect a bit more from a broker that claims to offer a 60% daily return for clients who fund their accounts with $10,000. You’d think they would do their best to create a veneer of professionalism. However, there are bigger problems than poorly spelled web content. The promise of double-digit daily returns is absurd. Even single digit daily guaranteed returns should be a reason for not trusting this broker. There is no way any broker can promise this.
We Have Some Concerns with PCLoudFXTrading
PCLoudFXTrading says “This service is not directed at any jurisdiction.” This is kind of like bragging about not having a license. They are basically saying the broker is not regulated to take clients in specific regions. It’s strange, though, that they are making a lack of a license seem to be an advantage–exactly the opposite is true. We wouldn’t recommend trading with any unregulated broker, since regulators provide oversight.
PCLoudFXTrading Red Flags
- No license
- Poor web content
- False guarantees
- No transparency
- Negative reviews
Lost Money to PCLoudFXTrading? Talk to Us!
ReportScamOnline experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid PCLoudFXTrading and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will launch an investigation that will bolster your claim.