Traffic rules establish strict rules on the roads that help regulate traffic flows. Movement coordination is carried out using a huge number of different rules.
One of the main traffic regulators is road signs. They show drivers how to maneuver, the right of way and much more. But it happens that an incorrectly installed sign not only does not help, but also causes harm. In addition, enterprising traffic police inspectors often put up signs in places not intended for this purpose in order to be able to collect fines from drivers.
In light of all this, it would be useful for motorists to find out how to check the legality of installing a sign and who is responsible for it.
Licensing
To receive such a document, the broker needs to be activated. However, FXamo doesn’t think so and has made 3 attempts to seem like a managed company.
For the first time, a broker is lying if he says his work is “accepted” by the FCA. The second deception is that he has permission from the FSA regulator. No one is presenting us with a license. Broker Tribunal looked for evidence of its provision on the main FSA web resource. It was all pointless. The FSA did not provide the FXamo document.
3rd lie: FXamo representative made a false document that it has been managed by VFSC since November 2021. The Vanuatu Economic Services Commission has not issued a license to Fxamo. The scammers, using Photoshop, entered personal information into a printout that they picked up on the Internet.
Even if this permission was real, it would definitely not have meaning in the Russian Federation. From 2021, only those intermediary rights issued by the Central Bank of Russia play a role.
Is it legal to fine someone for not having a “Spikes” sign?
Climatic conditions in Russia are extremely unfavorable. The winter period is characterized by both increased precipitation and extremely low temperatures compared to Europe. Adhesion to the surface at such times is minimal, which inevitably leads to an accident.
These factors push drivers to use tires with studs, which make driving more predictable.
However, for other participants in the flow, this solution is not so beneficial:
- A car with studded tires brakes much better than with regular tires. If the first car is ahead of the second, then a collision is almost inevitable;
- As the studded wheels rotate, dirt and stones fly off the vehicle and land on the windshield behind the next car.
To avoid possible negative effects, the car owner must stick a warning sign in the form of the letter “Ш” (“spikes”) on the rear window. The need for placement is indicated in the traffic regulations.
According to the decree of the Government of the Russian Federation dated March 24, 2017, traffic police officers have the right to impose a ban on the operation of a vehicle in the absence of a sticker. In reality, a careless driver can get away with just a warning.
What does the FXamo resource look like?
By going to the fxamo.com resource, you can immediately find a bright picture with a recommendation to gain “real income from trading”. Something similar is observed on the web resources of most scammers.
You should go to the “Contacts” option to see what communication options the scammer recommends. The office states the following about itself: there are 3 branches - in London, Hong Kong, Sao Paulo. Each office has a telephone number and e-mail. Initially, everything looks official.
However, these branch addresses are considered a lie by Fxamo, which the scammer uses to preserve the legend that it has international status. So, the usual verification, for example, of UK addresses indicates: the FXamo broker does not have any branch in England.
FXamo scammers
Another trick used by the scammer is to claim that they have several permits at once. Thus, FXamo claims that it is managed by the FSA, but does not provide the required documentation. In addition, the work of the office is “approved” by the British Regulation of Official Conduct in the Field of Economics (FCA), but there is no mention of Fxamo on the portal of the office itself.
For greater reliability, the Fxamo representative intended to deceive about the presence of a VFSC (Vanuatu Economic Services Commission) permit. This regulator is not considered reliable, but the broker does not even have its permission, which is also simply verified.
The Fxamo scam “compensates” for falsification of permits and addresses with colorful descriptions of its advantages. This technique is used by many scammers, and this project is no exception.
The advantages given by the office are considered ordinary “water”. Thus, the size of the spreads has not been established, and even if a leverage of 1:500 is actually provided, in the case of scammers this threatens even faster deprivation of funds at the slightest fluctuation in quotes, regulated by the intermediary himself.
Information about 12 years on the market and management of British law is a complete lie. In fact, the intermediary has no connection with the English authorities, which has been confirmed, and the usual domain age verification shows the following.
It should be pointed out: almost 4 years on the market is quite a long time for scammers, but they still don’t talk about 12 years. In addition, judging by the dates of the responses, the intermediary did not work at first, although the name was registered - almost all of the responses on the Internet were “fresh”.
How is information provided?
Information must be provided no later than 20 days before the installation of a road sign or marking.
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Fxamo – scam or not?
It's better to start with resource analysis. The authors write that the organization was opened in 2008 and is considered one of the main brokers. However, if you try to find responses about Fxamo on the Internet, it turns out that they are missing. There is a very simple explanation for this situation: the resource started working only a few months ago and has low traffic. Namely, the scammers lied about their age and reputation.
It is also possible to analyze the permission of a given office. The type of intermediary is managed by the offshore country of Vanuatu, but the management itself is not listed on the web resource, which is quite easy to check. It turns out that the resolution was done in Photoshop and it is meaningless.
Well, the last fact in favor of Fxamo being a scam is the well-known web portal template. This pattern is used by a rather prolific group of scammers who are looking for new Fxamo representatives every month to defraud honest citizens.
What is the essence of deception?
Under the guise of a CFD intermediary, Fxamo employees offer clients to open deposits for profit in economic markets. But in reality, there is no profit; all funds transferred to this office remain with the scammers forever.
Typically, people register with Fxamo through ads on Facebook and other social networks. Scammers are distributing advertisements about fabulous trading robots Telegram 10, Obshcheye Delo and similar ones. Then, to authorize the robots, you will need to transfer $200-500 to a deposit, which is lost quite quickly.
Another Fxamo deception scheme is trading with so-called managers. On a rigged platform, the user is shown an imitation of trading, and subsequently the user of the type wins a large amount. However, it will not be possible to withdraw this winnings without first paying “tax”, “connecting insurance”, and other fees invented by scammers. Paying for all this, of course, is pointless, since the scam functions only to accept finance, and the income on the account is simply outlined in the program.
In addition, Fxamo managers do not neglect to deceive citizens into obtaining loans and are themselves determined to finance users. The only difference here is that loans from intermediaries have no validity and are considered exactly the same fake as income on the site. But despite this, swindlers use threats of legal proceedings and debt collectors to force victims to pay a fictitious debt.
Answers to any questions
As Evgeny Grishkovets noted in his novel “Asphalt,” even restrictive and prohibitive measures on highways speak of the care of one person for another person. Real life conditions may introduce some changes to this ideal formula. And then the need arises to find out whether the road sign has been installed legally. This will help save a considerable amount of fines.
How Fxamo Scams: Scam Scheme Review
The essence of the deception is that representatives of the pseudo-intermediary ingratiate themselves with naive users and promise them big money from Fxamo. The charlatans' goal is to convince traders to open one of their trading accounts. Taking into account that trading uses its own platform, scammers can easily draw results to create the illusion of successful activity. Difficulties begin when a person tries to withdraw money. Then his profile is simply blocked.
In the responses, the company’s users describe that they were not allowed to withdraw their earnings under various pretexts. This is how the scammers manage to extract some more money. If the client does not have money to replenish his account, he is recommended to take out a loan. As a result, he ends up in a debt hole from which it is difficult to climb out. Judging by the responses, FXamo representatives will be able to threaten with bailiffs and legal proceedings, driving citizens to depression.
Requirements for road signs
Road signs are installed on roads to prevent accidents. However, drivers often observe a situation where a dangerous area is not equipped with the necessary signs. Conversely, an unremarkable road is overloaded with completely inappropriate symbols.
It may also happen that the sign is disguised behind a tree, pillar, or ledge so that it is not clearly visible. Such dishonest methods are practiced by auto substitutes or even by traffic police inspectors themselves. All this contradicts the requirements for road signs and their installation.
As a general rule, all signs must be installed in compliance with a number of requirements that relate to the validity, visibility and applicability of signs in a given area. For vehicle safety, vehicle owners must know the rules for placing graphic symbols. This will allow them not to rely on someone else’s opinion, but to evaluate for themselves the validity of the sign’s location or, conversely, its absence in the right place.
Installation Rules and Regulations
When installing signs, road services are guided by a number of rules that are enshrined in law:
- Federal Law No. 196-FZ of December 10, 1995;
- GOST 52289-2004;
- GOST R 52290;
- GOST R 50597.
Legal documents stipulate the size of signs, where and how they should be installed. The acts describe all the nuances that can directly or indirectly affect road traffic. The main purpose of installing signs is to prevent accidents.
Federal law and GOSTs also indicate who is responsible for mounting, dismantling and maintaining signs. This allows everyone responsible to monitor their section of the road, and, if necessary, change road signs to new ones or supplement existing symbols with the necessary designations.
Installation location
The principles for installing road signs are the same for all constituent entities of the Russian Federation. When choosing an installation location, you should be guided by the following rules:
- Excellent visibility for both drivers and pedestrians.
- Nothing should block the signs. The presence of banners, trees, and buildings does not allow the installation of symbols in such places.
- All designations are placed exclusively on the right side. This is due to right-hand traffic in the Russian Federation.
- The placement height can vary from 1.5 to 6 meters. The main thing is that the symbols placed along the roadway are clearly visible to traffic participants.
- Visibility is at least 100 meters. The indicators assume good weather conditions.
- When installing two or more shields on one pole, the distance between them must be at least 5 and no more than 20 cm. The order of placement is determined by priority.
When installing, other nuances should be taken into account. For example, good reflectivity of signs, which can only be obtained with the correct placement of the sign. Road authorities always take into account the traffic density on a given section of the road, the average speed of vehicles and the overall visual visibility.
Coverage area
Each road sign is valid only in the area where it is installed. But how to understand its range of action?
If there are no additional graphic symbols that increase the radius of the sign, then its requirements should be followed solely within the limits of its location. But the presence of the “Area of Action” sign expands the standard boundaries to different levels. The significance of such a sign is determined comprehensively, taking into account the nearby symbols.
Trading conditions, account types, Fxamo personal account
The list of trading tools provided is quite large. However, it is necessary to take into account the lack of liquidity providers; all proposed contracts are CFDs (transactions for difference). Intermediary trading tools:
- Currency pairs;
- raw materials;
- cryptocurrencies;
- stock;
- jewelry.
To start operating, you must register and open one of the proposed types of deposits. There are only 3 of them among intermediaries.
The minimum deposit amount is $500. Every skilled trader will agree that this is excessive - many other brokers recommend starting with minimum deposits, which is preferable for beginners. Moreover, the broker does not offer to launch a demo account, which also does not add decisiveness.
On the other hand, beginners are recommended to undergo training - either individually or in a group. Naturally, this will require you to leave personal information, which will prevent subsequent annoying calls asking you to open an account.
It's interesting to take a look at FXamo's personal account. At first, there is nothing dubious, but observant experienced clients will immediately notice the method of replenishment - cryptocurrency.
New clients should remember: not a single decent Fxamo representative ever accepts funds on bank cards or cryptocurrency wallets, since brokerage houses do not have the right to do this (only using a current account is allowed). Because of this, the screenshot of the personal account is another confirmation of the charlatan activities of the broker.
Methods for depositing/withdrawing money on fxamo.com
To replenish your account, the pseudo-broker Fxamo recommends using only cryptocurrency (bitcoin). And this is natural, since such transfers are not easy to control. The user is given virtually no opportunity to confirm that he made transfers of company finances.
What is considered a conclusion is that it is practically impossible. In the responses, traders say that the company is preventing this in various ways. For example, it does not want to accept documentation for account verification, which is why clients will not be able to withdraw their own finances.
Exposure
It should immediately be emphasized that the entire myth of the office is one deception. This is a simple resource like an intermediary office. There is no documentation or permits confirming legal activities. Gullible citizens are deceived by stories that the office is governed by English law, etc. In reality everything is anonymous.
A trading platform is just a program that simulates trading. In reality, scammers do not have direct access to real exchanges, Forex, etc.
A real scam pattern. Charlatans persuade you to deposit as much money as possible, then they drain your deposit to 0 or simply block your profile. The user will not be able to return his own money because, first of all, scammers never compensate for finances, and also, you transfer funds to third-party details, in addition, you agree to the terms of the intermediary:
High Risk Warning: CFDs carry a high level of risk and may not be suitable for all investors. A high degree of leverage can work both for and against you. Before you decide to trade trades for difference (CFDs), you need to assess in detail the purpose of your work, your experience and risk appetite. There is a high probability of partial or complete loss of your invested funds, because of this you should not deposit capital that you cannot afford to lose.
They directly tell you that no one will compensate for anything. You are contributing funds that you may lose.
Who installs the signs
According to the law, the installation of road signs is carried out by special road services. Each locality has its own division, and in large cities there is more than one. Settlements with millions of inhabitants are divided into sectors, each of which is responsible for its own department.
Road services monitor:
- timely installation of signs on new sections of roads;
- introducing additional signs on existing roads;
- replacing failed or lost visibility shields;
- dismantling unnecessary signs.
In cases where new graphic symbols are installed, employees of the State Traffic Inspectorate are involved in cooperation. All responsibility for choosing a location, correct installation and optimal conditions falls on their shoulders. It is the traffic police who exercise final control and give the go-ahead for installation.
User rights
The authorization form on the FXamo web portal is identical to the authorization form for other intermediaries. The presented office is a new organization of the charlatan group: Timatrade, ImcFx, KeyOnCapital, ForexIm, FxBase, Rickglobal, Cryptoks. They duplicate the same resource. They also completely copy the text of regulatory documentation regulating relations with users.
At its discretion, the office can ask to transfer additional money, and the trader must do this within the specified time frame. Otherwise, the organization has the right to close his trading manipulations.
The FXamo representative will be able to receive the trader’s personal data and creditworthiness information from third parties. In addition, the Company has the right, without prior notice, to present them to its employees, service providers, and other offices that are part of the Organization’s group.
How to check the legality of the installation?
The legality and correctness of the installation is checked by the road service. Opening hours can be found at the relevant help desk.
During work, not only the legality of a particular sign is checked, but also the compliance of its appearance with norms and standards. If the need for replacement is identified, the sign is immediately restored or completely changed.
Important! Both the driver and the pedestrian can initiate a check by electronically contacting the regional road service. The reference number is recorded, and after verification, the unique number can be used to find out the result indicating the legality of the installation and the compliance of the sign with the standards.
