What is FVP Trade? An Honest and Thorough Review

What is FVP Trade? Are you one of those looking trying to look into the legitimacy of the platform? Here is an honest and comprehensive FVP Trade review for you. Find out about the people behind the platform, who it’s for and why we don’t recommend it.

what is fvp trade, featured iamge

What is FVP Trade: Summary

Product Name: FVP Trade

CEO: Jonathan Greene

Price: None specified

Rating: 30/100

Best For: None

Recommended: Not Recommended

What is FVP Trade About: FVP Trade presents itself as a CFD Trading platform

Summary: According to this FVP Trade review, they present legitimate proof of registrations but the platform is not recommended as it only covers UK and AU residents. While it may be just starting to work on other registrations, the platform should still be used with caution because an MT4 platform can be manipulated

What is FVP Trade About?

FVP Trade is a website that presents itself as a platform that provides, tools access and education to people who wants to learn about trading. While they present registration to different financial regulators, we’ll have to have a full scrutiny of whether the registrations they present are legitimate. Since they seem to act as a broker and provide a platform hosted in their own servers, they need specific kind of registrations before we can fully give them our trust.

But just before we try to find out what FVP trade is about, of whether FVP Trade is a scam or not, we need to first talk about the difference of an affiliate opportunity, an MLM and a Ponzi scheme.

what is fvp trade webiste

FVP Trade claims to be a Globally Regulated CFD Trader

What is FVP Trade What Is FVP Trade About About FVP Trade

To understand a bit more about What is FVP Trade about and whether they offer the trading you could potentially be interested in, it is important to understand Contract for Differences (CFD’s). According to Investopedia:

contract for difference (CFD) is a contract between a buyer and a seller that stipulates that the buyer must pay the seller the difference between the current value of an asset and its value at contract time. CFDs allow traders and investors an opportunity to profit from price movement without owning the underlying assets. The value of a CFD contract does not consider the asset’s underlying value: only the price change between the trade entry and exit.

Investopedia

Differences: Affiliate Opportunity vs. MLM vs Ponzi

An affiliate opportunity and an MLM (or a pyramid scheme), are the most popular type of investment offering that offers compensation for recruiting.

The advantage of an affiliate marketing opportunity is that you may obtain benefits if individuals you’ve referred to buy the brand’s products or services as a result of your efforts. However, an MLM company is a marketing strategy in which you both promote people to get things or services and become their upline. Yet with MLM you potentially profit depending on how the perks of the membership level you are in.

There are several distinctions between an affiliate and an MLM. An affiliate is free to select the company with which they want to collaborate, whereas an MLM will only focus on promoting the company’s product and will aggressively seek recruits for bonuses. Although some MLM solutions and services may be useful, not everyone will appreciate them– and not everyone can succeed and or profit from it.

I, therefore, believe that it is not for everyone, why?

1. To stay at your present level of perks, you must look after and maintain your downlines.

2. Some MLMs aren’t profitable, but others promise a specific amount of money while failing to deliver because their income disclaimers say otherwise.

3. Some MLMs are unprofitable, while others guarantee a certain amount of money but fail.

Now we describe a Ponzi scheme. A Ponzi scheme on the other hand, is an illegal and unregulated investment venture with unrealistic earnings and promises high returns with no risk. There is often questionable or no legitimate products or services with a Ponzi scheme.

Is FVP Trade a Pyramid Scheme? Or is it a ponzi?

To determine whether FVP Trade is a (MLM) pyramid scheme or a Ponzi, we’ll need to first check for its registration. Why? Because no company, even one dealing with cryptocurrency, is exempt from the SEC’s requirements to be first registered. The SEC (Securities and Exchange Commission) protects investors especially those from the US, so if you’re from somewhere else, make sure to check on the SEC equivalent on your jurisdictions so you won’t fall prey from the imminent financial scams these days.

Many individuals may attempt to persuade you they don’t need to register especially when they are offering cryptocurrencies, because cryptos are supposed to be “decentralized,” but this isn’t the case.

Any trading platform must register with the FTC. Whether they believe it’s true or not, any trading platform must disclose its existence! What if a firm decided to rug pull all of its assets… who will you call if it’s not a real business?

If a firm that has yet to be registered decides to accept all of its members’ investments on a particular day, it will be held responsible for everything that may have been stolen. I hope you now appreciate why an SEC registration is so important for every trading and investment project you start.

TIP: Before purchasing or investing from a firm, double-check its registration. To do so, go online and look for the company’s name or address in search engines such as Google or your favorite search engine (i.e., city, street address, zip code). Make sure you can find out all you need to know about their headquarters using Google

Now let’s start.

The majority of the time, you can figure out which firm owns a website by reading its Terms and Conditions/Use, or even its Privacy Policy.

Registrations

First we looked on their Terms and Conditions and on its comprehensive TOC document, they mentioned that they are authorized and regulated by the Financial Conduct Authority in the UK.

what is fvp trade clause from terms and conditions fca registration
From the Definition of Terms of FVP Trades’s Terms and Conditions

So we tried to look for its FCA registration and here’s what we found:

what if fvp trade fca registration
FCA Registration of FVP Trade

It’s great that they are truly registered in the FCA even if they are just redirecting the website they registered on FCA to their current domain which is fvptrade.com. This is a great proof to regard confidence in their newly budding financial trading website. Why? Because for a European trading firm it should be registered in ESMA‘s here’s why:

Only regulated firms are authorised to provide investment services.

Firms can only provide investment services in the European Union (EU) if they are authorised to do so by an EU regulator. If a firm is not authorised to provide investment services and activities, it is not allowed to provide them.

The authorisation is only granted when, and if, the firm complies with certain requirements and standards which set out, among other things, how firms should treat you and what sort of information they should give you.

Each country's regulator keeps a register of firms which it regulates. This register specifies the types of investment services that each firm is authorised to provide.

In the case of a London-based firm they should be registered in FCA since it is ESMA’s public register for United Kingdom.

We also managed to find their ASIC Registration which is a good point for confidence for Australian residents:

what if fvp trade asic registration
ASIC Registration protects Australian Residents

ASIC is considered the Australian counterpart of the USA SEC which is the body that regulates services for investments and securities. They also mentioned that they have a FINTRAC registration and we did found it:

what if fvp trade fintrac registration
FINTRAC Registration

However a FINTRAC registration is not enough especially as they host their own trading platform. They still need to be registered on IIROC and the Ontario Securities Commission (OSC) before they can be legitimately recognized as authorized platform for Canadians. Registration in the OSC is important because even Binance which has proved itself to be an authoritative entity in the trading field was slammed for not being registered in the Commission and has since stopped serving clients in Ontario. This also means that if there are Canadian users, they are not within the scope of protection of governing bodies and is therefore risky for them to use the platform.

Also since the previously mentioned are the only registrations they have, this means that they are not allowed to serve residents of the United States of America since they are not registered with the SEC and FINRA.

People Behind FVP Trade

From their company registration in Canada we found that the company’s registered director is someone named: MACIEIRA ALEXANDER. However we also found that the their FCA registration is under a ABEL, STEPHEN JOHN.

We also found a LinkedIn profile of FVP Trade’s CEO Jonathan Greene and a CEO of FVP Holdings, Tim Booth:

what if fvp trade linkedin profile of fvp trade ceo

While both executives seems to have a great background, we may find it hard to verify their claims unless we ask directly from the firms that they worked for. It is very easy to create a fake LinkedIn profile so you may want to dig further here if you are considering investing.

How Does FVP Trade Work?

As a trading platform, that offers resources and for its traders.

Claims or Expectation

FVP Trades presents itself as a trading platform the offers tools and resources to help and teach those new to trading.

Reality

It’s great to know that FVP Trade is registered in Australia and the UK because their registration secures the interest of their users. However, users of FVP Trade who are not residents of jurisdictions by which they are registered should be wary of using the platform. Why? There is no guarantee that any mishap that they may encounter is covered by any governing entity.

Can You Really Make Money Through FVP Trade?

Technically, if you are an experienced and learned trader, there is a chance that you can make money through FVP Trade. However there is still a risk of broker manipulation especially as they are using Meta Trader 4 (MT4).

Their recruitment presentation does have the typical MLM different types of income to try and trap those being recruited. You’ve seen these types of things before right? You know the “All 6 streams of profits are paid DAILY” into the “6 wallets” and other MLM hype.

Hey if you love recruiting, go check out the full details from the person trying to recruit you. I am just so over the MLM hype, here’s another one we recently exposed that is almost identical – Intelligence Prime Capital.

Is FVP Trade a Scam?

An overall overview of this FVP Trade review shows that the website is working its way to serve users legitimately by securing registrations. However for users by which they do not have a registration for, users should still be wary of continuously using the platform.

Pros and Cons of FVP Trade

FVP Trade Pros

  • Has legitimate registration in securities and investment governing bodies (ASIC and FCA)

FVP Trade Cons

  • FINTRAC registration is not enough to operate for Canadian users
  • No license or authorization for US users
  • MT4 trading platform can be manipulated
  • No verifiable identities for the CEOs and people associated to the company

Final Thoughts – FVP Trade

So is FVP Trade a scam? I’m not sure if they are. But I don’t recommend it. While UK users and Australian users may have a bit of protection, any users who are not aware of the current country registrations.

Just to be fully transparent with you, I am not an FVP Trade user myself and I do not endorse it in any way.

I have researched the website, testimonials, and information on the Internet to get to the bottom of what FVP Trade genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn Ways to Avoid Online Scams then click the highlighted text. 

When the platform has secured more licenses and authorization is when we may change our recommendation for this platform.

How I Make a Passive Income Online

People would love to have an all-winning portfolio in trading. But the harsh truth is, it’s rarely the reality.

In stocks, ForEx, and cryptocurrency trading, there is a very big chance that the money you may put in could be washed out. There is no guarantee, so whenever an investment opportunity presents itself and mentions that it can give you a 100% profit from your investment with and no losses, beware. It’s best to look for their risks and income disclaimers, any investment without those disclaimers are most misleading and overpromising.

While trading could be a profitable passive income, it’s a venture that requires discipline, dedication and financial resources. I suggest that while you’re still learning the ropes of trading, find profitable investments that are sustainable in the long run.

I’ve been trading for years now and I don’t do it full time! I make sure that I have other income generating ventures so I can fund my experiential learning.

People would want to have a flawless portfolio in trading. However, the harsh reality is that this isn’t always the case.

There’s a very high chance that the money you invest in assets, ForEx, and cryptocurrency trading will be lost. There is no assurance, so if an investment opportunity appears and claims to give you a 100% return on your money with zero losses, be careful.

Trading might be a lucrative passive source of income, but it’s a business that requires dedication, discipline, and financial resources. While you’re still getting your feet wet in the world of trading, look for long-term profitable investments.

I’ve been trading for years now, and I’m not doing it full-time! I make sure to have other revenue-generating activities so that I may finance my experiential learning.

I find affiliate marketing as one of the most flexible passive income opportunities like trading because:

1. You’ll learn a lot by doing it

2. You can do it at your leisure

3. There are no time constraints to overcome

It was a pleasant surprise to find the Wealthy Affiliate community, which I utilized to learn a lot of stuff that I would not have learned on my own! Click below if you’d want John to show you the FREE TO START community so he can guide you through it. You’ll get a better sense of what more they can provide, what they have to offer, and what you can get from it.

It’s a good thing I found Wealthy Affiliate because the learning curve is high when it comes to affiliate marketing. You might want to consider them if you’re into this type of business because they have amazing support and training that will help you succeed in whatever niche you choose to.

No pressure. If you happen to like it, you can always avail of the Premium which is just $49/month! If you want to read more about Wealthy Affiliate here’s a comprehensive review about it.

You can click below and let John guide you with personal mentoring and whatever help you need!

What is FVP Trade Dream Life Lifestyle

Louee Gonzales Author

Louee Gonzales has been a content specialist for 4+ years now. She has been enjoying writing investigative articles for EFYL. If she’s not writing, she’s either painting or traveling somewhere fun.

She has a degree in Psychology, and quick fact: she can’t read your mind. She has authored articles on the School of Positive Transformation.

FVP Trade

None
3

Credibility

3.0/10

Income Opportunity

3.0/10

Reliability

3.0/10

Price

1.0/10

Business Model

5.0/10

Pros

  • Has legitimate registration in securities and investment governing bodies (ASIC and FCA)

Cons

  • FINTRAC registration is not enough to operate for Canadian users
  • No license or authorization for US users
  • MT4 trading platform can be manipulated
  • No verifiable identities for the CEOs and people associated to the company

10 thoughts on “What is FVP Trade? An Honest and Thorough Review”

  1. Dear John,
    Thanks for your review. I live in India. A school friend of mine introduced me to FVP Trade. Last year in Dec month his elder brother came to India. He works in JP Morgan chase in Singapore and personally know the CEO and other Board of directors of the company. He told him about the company and its business. My friend joined it and extended his down-line to IB level. I also invested 500$ but as much as I have researched there are more than 150 Forex brokers round the globe and some of them provides PAMM/MAM facility to their investors but I could not found a single broker who provide Algo Trading facility like FVP trade provides. The company claims to use Quantum Algorithms for trading, I don’t know how much it is true but Quantum Computing is a cutting edge technology in every sector including Finance. The parent company FVP Holding acquired Qfinity Labs an Isreal based Startup in Quantum technology. Dr. David Moche is the CEO of this company. JP Morgan and Goldman Sachs are another two business leaders in this race. In fact Goldman Sachs claimed that Quantum Computing will be available in next 5 years. That is why I convinced to invest in FVP. As much as I experienced This company trades in Forex, Commodities, indices and generate profit and loss during trading and ends in DAILY PROFIT.

    Reply
    • Hey Mohan,
      Thank you for reaching out with your comments, I am glad that you took the time to read my honest FVP Trade Review.
      The red flags were a big concern for me. This is supported by the pulling out by investors.
      I can see this confirmed the Telegram of recruiters who tried to recruit me (Australian and UK recruiters) – everyone talking about wanting to terminate their packages. Sadly many people have lost money.
      When did you start with FVP Trade? Are you actively recruiting people to join FVP Trade?
      This will help readers make the best decision for themselves. Thanks in advance, John

      Reply
  2. FVP Trade has just removed all UK and Australian investors from their PAMM accounts, also the FCA regulation the company has does not cover CFD trading which means it’s not fully regulated in this sector which raises massive red flags.

    Reply
    • Hey Jack,
      Thank you for reaching out with your comments, I am glad that you took the time to read my honest FVP Trade Review.
      Thanks for confirming these massive red flags to our readers, this should help confirm all current users to exit this scheme if possible and all new investors to avoid it.
      I can see this confirmed the Telegram of recruiters who tried to recruit me (Australian and IK recruiters) – everyone talking about wanting to terminate their packages. Sadly many people have lost money.

      Reply
  3. You bring out a very important point – Users of FVP Trade, whose jurisdictions is not registered should be cautious with this platform. I was not at all aware about this. Your article just reinforces the fact that it is important to read the fine print and understand the terms & conditions especially when your hard earned money is involved and with the amount of financial frauds you need to extremely cautious. Thanks for sharing such a detailed post on FVP Trade as it helps me making a informed decision.

    Reply
    • Hey Satz,
      Thank you very much for reading my honest FVP Trade review.
      Yes all people considering “opportunities” like FVP Trade should read the fine print, and really understand the registrations and lack of certain registrations.
      Also to know about the founders and recruiting involved.
      Why? Because these schemes go under all the time, we are here to help people to make the best decision for themselves and not lose their money on these “schemes”.

      Also I help people build a real online business – where your time and efforts are rewarded slowly but surely, like compound interest.

      Reply
  4. Thanks for this interesting FVP Trade review. I was looking for trading platforms online as an extra side hustle.
    We live in the USA so this would not even be a trading platform that we will be conducting business on.

    So the second option that you have mentioned Wealthy Affiliate, is a wonderful platform to learn on how to build a successful business. Passive income is what you will find out of WA, the review that you provided us about FVP trade is not recommended for us or for most individuals that want to learn the business of online trade.

    Cheers,
    MnD

    Reply
    • Hi Matthew/Deloris,
      Thank you very much for reading my honest FVP Trade review.
      Yes that is true, FVP Trade only has SOME of the registrations to operate in UK, Canada and Australia and not all of those are complete. Also they cannot serve residents of the United States of America since they are not registered with the SEC and FINRA.

      This MAY suit the people who like recruiting and that are experienced and learned traders. Personally I am I am just so over the MLM hype and recruiting rah rah promises. Here’s another one we recently exposed that is almost identical – Intelligence Prime Capital and the same people tried to recruit me into EmpriresX which has already gone under with thousands of people losing their money. So there’s no credibility from these people and I tar all 3 of these “opportunities” as too risky and a waste of my time.

      Seriously all readers, in terms of making money online or making money from home, personally I would much rather build a real online business that helps people than this highly risky “opportunity” (seemingly big MLM but is potentially a ponzi scheme). Instead why not go for fact based, proven since 2005 and a lot more quality (Training, tools, mentoring, community & support) and for reasonable pricing. This is why I recommend this over all others. And yes you have read that there is no need for any credit card information to create a free account to see if it suits your style.

      My pleasure to help you, John

      Reply
  5. Hi John, Thanks for sharing this review for FVP Trade. I have heard a bit about this company before. I used to trade in stocks around 10 years ago. I think I was quite impatient really and I hated paying the fees. There was a couple that did OK but I ended up just cashing everything in to invest in my eBay. So now when I think back I probably could have done with being better educated about the whole thing. If I had actually bought the right stocks etc. and held on to them for long enough maybe I would be a lot richer now.

    I think I like the idea of trying to do some training through a platform like this especially if they provide the resources and tools. Although I do also think you should have a nice little nest egg before you look at investments such as this. Maybe a couple thousand at least.

    I like that you have checked the company out. Good work there but I think maybe for the benefit of your readers you should explain what CFD trading is. I know this is short for A contract for differences but maybe would be good to explain how this works for people.

    Thanks for sharing anyway

    Kind regards

    Alex

    Reply
    • Hi Alex,
      Thank you very much for reading my honest FVP Trade review.
      OK, thanks also for your comments on CFD’s and your basic explanation. This is a fairly advanced trading strategy – readers please do your own research and consider your own risk tolerance if considering CFD’s and FVP Trade. I have also updated the article with Investopedia reference and explanation of Contracts for Differences (CFDs) to help readers understand if it may even be the type of trading that may interest them. Also whether they want to consider less riskier ways to make money, such as creating a real online business which I can personally help with.

      Reply

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