FOPU is an offshore brokerage firm that trades in foreign currencies, oils, and precious metals and promises huge returns on investments.
Is FOPU Legit?
Although it claims to be run by 15 years of experienced trading professionals, there is no mention of the founding members on its website. While FOPU claims to support trade through STP and ECN accounts, it facilitates trade over MetaTrader 5 trading platform. However, we discovered that FOPU is not a legit firm, and therefore trusting it with our investments might be a huge risk proposition. It is supposedly based in the United Kingdom.
Is It Safe To Invest With FOPU?
Unfortunately, FOPU is a clone of organizations that are registered with the FCA, a regulating body based in the United Kingdom. Many European organizations are also planning to issue a warning to stop people from falling into their scamming traps.
What to do If You Have Been Scammed by FOPU?
If you have been victimized by the fraudulent practices of FOPU, we can offer guidance on how to recognize scamming activities. Moreover, the fund’s recovery companies listed with us can help you to retrieve your money.