No Regulation

Score

0123456789.01234567890123456789
/10

FG-LTD

Hungary

|

5-10 years

Suspicious Regulatory License|

Medium potential risk

https://fg-ltd.com/index.html

Website

Rating Index
Contact
FG-LTD
support@fg-ltd.com
https://fg-ltd.com/index.html
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-10-12

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Keywords

Time Machine

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Company Name
FG-LTD
Regulatory Status
No Regulation
Abbreviation
FG-LTD
Platform registered country and region
Hungary
Phone of the company
--

User Reviews

More

1 ratings

Participate in evaluation
FX3562266889
They encouraged ou on Skype in order to persuade you to transfer money. But they could not be downloaded.
2021-08-31 19:50
0
AspectInformation
Company NameFG-LTD
Registered Country/AreaUnited Kingdom
Founded Year2015
Regulatory AuthorityFinancial Conduct Authority (FCA)
Number of Cryptocurrencies Available50+
FeesDepends on transaction volume. Visit their website for detailed fee structure.
Payment MethodsBank transfer, credit/debit card

Overview of FG-LTD

FG-LTD is a virtual currency exchange based in the United Kingdom. Founded in 2015, the company is regulated by the Financial Conduct Authority (FCA). With over 50 cryptocurrencies available, FG-LTD offers a diverse range of options for users. The fees charged by the platform depend on the transaction volume and users are encouraged to visit the company's website for a detailed fee structure. Payment methods accepted include bank transfer and credit/debit cards, providing flexibility for users. FG-LTD also offers 24/7 customer support through email, live chat, and phone, ensuring that users can receive assistance whenever they need it.

Pros and cons

ProsCons
Diverse range of cryptocurrenciesFees depend on transaction volume
Regulated by Financial Conduct AuthorityFee structure details not provided
Flexible payment methodsWebsite requires visit for fee details
24/7 customer support

Regulatory Authority

FG-LTD is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This regulatory oversight provides users with a level of protection and assurance that the exchange operates within established guidelines and regulations. Being regulated means that the exchange has to adhere to certain standards regarding security, customer protection, and financial transparency.

Security

Two-Factor Authentication: FG-LTD offers two-factor authentication (2FA) to add an extra layer of security to user accounts. This requires users to provide an additional verification code or biometric information, such as a fingerprint or face scan, to access their accounts.

Secure Socket Layer (SSL) Encryption: The platform uses SSL encryption to ensure that all communications between users and the platform are encrypted and protected from unauthorized access.

Cold Storage: FG-LTD stores a significant portion of user funds in offline, cold storage wallets. These wallets are not connected to the internet, making them less vulnerable to hacking attempts and other online threats.

Regular Security Audits: The exchange conducts regular security audits to identify and address any potential vulnerabilities in its systems and infrastructure. This helps to ensure that the platform remains secure and protected from external threats.

Anti-Money Laundering (AML) and Know Your Customer (KYC): FG-LTD has implemented AML and KYC procedures to prevent illicit activities, such as money laundering and unauthorized account access. These measures help to protect the security and integrity of the platform and its users.

Cryptocurrencies Available

FG-LTD offers a diverse range of over 50 cryptocurrencies for users to trade and invest in. These include popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as lesser-known altcoins. The availability of multiple cryptocurrencies provides users with the opportunity to create a diversified investment portfolio and take advantage of different market trends.

How to open an account?

1. Visit the FG-LTD website and click on the “Sign Up” or “Register” button to initiate the registration process.

2. Provide your personal information, including your full name, email address, and a secure password. This information will be used to create your account.

3. Agree to the terms and conditions and any other legal agreements presented during the registration process.

4. Complete any identity verification or Know Your Customer (KYC) procedures required by FG-LTD. This may involve providing additional documentation, such as a copy of your passport or driver's license, to confirm your identity.

5. Set up any additional security measures, such as two-factor authentication (2FA), to enhance the security of your account.

6. Once you have completed the registration process, you should receive a confirmation email or notification indicating that your account has been successfully created. You can then log in to your FG-LTD account and start trading cryptocurrencies.

Payment Methods

FG-LTD accepts bank transfers and credit/debit card payments as payment methods. The processing time for these payment methods may vary, depending on the user's bank or card issuer. Bank transfers typically take longer to process, ranging from a few hours to a few business days, while credit/debit card payments are usually processed almost instantly.

FAQs

Q: What is the minimum deposit requirement for FG-LTD?

A: FG-LTD does not publicly disclose its minimum deposit requirement. Traders are advised to visit the company's website or contact their customer support for more information on deposit requirements.

Q: Does FG-LTD charge fees for cryptocurrency withdrawals?

A: Yes, FG-LTD does charge fees for cryptocurrency withdrawals. The specific fees may vary depending on the type of cryptocurrency being withdrawn. Traders are encouraged to review the company's fee schedule or contact customer support for more detailed information on withdrawal fees.

Q: Can I trade cryptocurrencies on FG-LTD using a mobile app?

A: Yes, FG-LTD offers a mobile app for traders to conveniently trade cryptocurrencies on the go. The mobile app provides similar functionality to the desktop version, allowing users to monitor their investments and place trades from their smartphones or tablets.

Q: How long does it take for customer support to respond to inquiries?

A: FG-LTD aims to provide timely customer support to its users. The exact response time may vary depending on the volume of inquiries, but FG-LTD strives to address customer inquiries within a reasonable timeframe. Traders can reach out to customer support through email, live chat, or phone for assistance.

Q: Does FG-LTD offer any educational resources or tools for beginner traders?

A: FG-LTD may offer educational resources and tools to assist beginner traders, although the chat history does not provide specific details. Traders are advised to visit the company's website or contact customer support for more information on any educational resources or tools that may be available.

Q: What is the maximum daily withdrawal limit on FG-LTD?

A: The maximum daily withdrawal limit on FG-LTD may vary depending on various factors such as the user's account verification status and the type of cryptocurrency being withdrawn. Traders are recommended to visit the company's website or contact customer support for more specific information on withdrawal limits for their accounts.