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Algorithm Dex

Operating status: SCAM

Website: https://www.algorithmdex.com/

Broker violations and abnormal records
  • Feb 08, 2023 The UK FCA Added Algorithm Dex into Its Warnings

    On 9 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Algorithm Dex may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/algorithm-dex

    On 9 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Algorithm Dex may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/algorithm-dex
  • Feb 13, 2023 BrokersView has reviewed that Algorithm Dex is an Unregulated Forex Broker

    Algorithm Dex claims to be a licensed broker founded by a group of Czech and Slovak trading enthusiasts, which is authorized and regulated by the central bank of the Czech Republic (CNB) and the Cyprus Securities and Exchange Commission (CySEC). However, we did not find any match results to this broker in CNB or CySEC.

    More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, Algorithm Dex is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

    Algorithm Dex claims to be a licensed broker founded by a group of Czech and Slovak trading enthusiasts, which is authorized and regulated by the central bank of the Czech Republic (CNB) and the Cyprus Securities and Exchange Commission (CySEC). However, we did not find any match results to this broker in CNB or CySEC.More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, Algorithm Dex is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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