Is fxtrade-taiwan.com a scam?

Item: fxtrade-taiwan.com
Rating: 1
Author: Stingray Security

'LIKELY SCAM'

Risk: HIGH

Website Screenshot

Overview

Multiple substantial hallmarks of a pig-butchering crypto scam: recently created domain mimicking a known FX/CFD broker, Taiwan focus, and no evident legitimate company credentials. Implied investing and withdrawal features, with generic platform claims and heavy chat-service emphasis, add to the risk.

Why We Think This Is A Scam

Very new domain (2 months) using the well-known FxPro name but at an unrelated domain (fxtrade-taiwan.com), not official FxPro site.

Targeted to Taiwan audience with investment/CFD claims, but no visible company registry, regulatory information, or verifiable legal entity details.

Heavy reliance on Telegram/Whatsapp/generic chat for support—a pattern in pig-butchering and scam operations.

Implied features (bonuses, account choice, withdrawal timing, leverage) are often used in scam pitch scripts; no verifiable evidence of licensed service.

Copying a global broker’s identity without proper legal disclosure, using 'FxPro' branding, is a strong scam indicator.