Blufx Review : Fees, Pros and Cons, Reviews by Real Traders

Blufx

Operating status: SCAM

Website: https://www.blu-fx.uk/

Broker violations and abnormal records

Feb 20, 2022 BrokersView has reviewed that Blufx is an Unregulated Forex Broker
Blufx claims to be owned and operated by BluFX Ltd, A UK-based company while presenting zero details about its regulatory information, which is always a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.
Besides, as mentioned on its "Terms & Conditions", this broker "shall be governed by and construed in accordance with English law ", however, we didn't find any results matching "BluFX Ltd" from the UK's Financial Conduct Authority (FCA). So Blufx is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.

Blufx claims to be owned and operated by BluFX Ltd, A UK-based company while presenting zero details about its regulatory information, which is always a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. Besides, as mentioned on its "Terms & Conditions", this broker "shall be governed by and construed in accordance with English law ", however, we didn't find any results matching "BluFX Ltd" from the UK's Financial Conduct Authority (FCA). So Blufx is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.
Jul 25, 2022 BrokersView has Found the Old Domain of Blufx is Not Working
BrokersView found the old domain of Blufx "https://blufx.co.uk/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the old domain of Blufx "https://blufx.co.uk/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
Dec 04, 2022 The UK FCA Added Blufx into Its Warnings
On 5 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Blufx was providing financial services or products in the UK without authorisation. You may visit: fca.org.uk/news/warnings/blufx

On 5 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Blufx was providing financial services or products in the UK without authorisation. You may visit: fca.org.uk/news/warnings/blufx

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