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Bing Forex Ltd

Operating status: SCAM

Website: https://www.bingfxl.com/

Broker violations and abnormal records
  • Dec 12, 2022 The UK FCA Added Bing Forex Ltd into Its Warnings

    On 13 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Bing Forex Ltd was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/bing-forex-ltd

    On 13 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Bing Forex Ltd was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/bing-forex-ltd
  • Dec 15, 2022 BrokersView has Reviewed that Bing Forex Ltd is an Unregulated Forex Broker

    Bing Forex Ltd claims to be a UK-based broker and attached a link to the registration page in Companies House of United Kingdom (CH). However, the registration status was "dissolved". Besides, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.

    As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.

    FCA warned that Bing Forex Ltd was providing financial services or products in the UK without authorisation.

    The truth is that Bing Forex Ltd is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Bing Forex Ltd claims to be a UK-based broker and attached a link to the registration page in Companies House of United Kingdom (CH). However, the registration status was "dissolved". Besides, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.FCA warned that Bing Forex Ltd was providing financial services or products in the UK without authorisation.The truth is that Bing Forex Ltd is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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