Con Trading FX Review : Fees, Pros and Cons, Reviews by Real Traders

Con Trading FX

Operating status: SCAM

Website: https://www.contradingfx.com/

Broker violations and abnormal records

Feb 16, 2023 The UK FCA Added Con Trading FX into Its Warnings
On 17 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Con Trading FX may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/con-trading-fx

On 17 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Con Trading FX may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/con-trading-fx
Feb 19, 2023 BrokersView has reviewed that Con Trading FX is an Unregulated Forex Broker
Con Trading FX claims to be one of the the world's leading and most trusted financial institution while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure and privacy policy, etc.). Lacking such vital information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.
Besides, Con Trading FX shows its company address is in Hong Kong SAR. As per relevant law, all forex brokers in Hong Kong should be monitored by the Hong Kong Securities And Futures Commission (SFC). However, we did not find any match results to this broker in SFC.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker for providing financial services or products in the UK without authorization. The truth is, Con Trading FX 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.

Con Trading FX claims to be one of the the world's leading and most trusted financial institution while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure and privacy policy, etc.). Lacking such vital information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.Besides, Con Trading FX shows its company address is in Hong Kong SAR. As per relevant law, all forex brokers in Hong Kong should be monitored by the Hong Kong Securities And Futures Commission (SFC). However, we did not find any match results to this broker in SFC.More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker for providing financial services or products in the UK without authorization. The truth is, Con Trading FX 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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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.