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BrightFxTrading

Operating status: SCAM

Website: https://www.brightfxtrading.online/

Broker violations and abnormal records
  • Mar 31, 2022 The UK FCA Added BrightFxTrading into Its Warnings

    On 1 Apr 2022, the FCA issued a warning that BrightFxTrading has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/bright-fx-trading

    On 1 Apr 2022, the FCA issued a warning that BrightFxTrading has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/bright-fx-trading
  • Apr 13, 2022 BrokersView has reviewed that BrightFxTrading is an Unregulated Forex Broker

    BrightFxTrading claims it is a reliable broker and has experience for more than 12 years while presenting neither its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information is a big red flag for potential traders. Besides, checking this broker's domain, we found it was newly created on 9 Mar 2022. So where are its 12 years of experience from? It is a red flag here.

    BrightFxTrading shows its office address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. We did searching in FCA but only found this broker had already been blacklisted by FCA for providing financial services and products without authorization. The truth is BrightFxTrading is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

    BrightFxTrading claims it is a reliable broker and has experience for more than 12 years while presenting neither its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information is a big red flag for potential traders. Besides, checking this broker's domain, we found it was newly created on 9 Mar 2022. So where are its 12 years of experience from? It is a red flag here.BrightFxTrading shows its office address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. We did searching in FCA but only found this broker had already been blacklisted by FCA for providing financial services and products without authorization. The truth is BrightFxTrading is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.