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EXCEL FX MARKETS (aka XCEL FX MARKETS)
Operating status: SCAM
Website: https://excelfxmarket.com/
Broker violations and abnormal records
On July 23, 2024, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/excel-fx-markets-xcel-fx-markets
On July 23, 2024, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/excel-fx-markets-xcel-fx-marketsAccording to its website, it claims to be regulated by the Financial Services Commission (FSC). Upon investigation, no matching information was found in the Belize FSC.
Additionally, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK.
In essence, EXCEL FX MARKETS (aka XCEL FX MARKETS) is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
EXCEL FX MARKETS (aka XCEL FX MARKETS) appears to be a scam.
According to its website, it claims to be regulated by the Financial Services Commission (FSC). Upon investigation, no matching information was found in the Belize FSC.Additionally, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK.In essence, EXCEL FX MARKETS (aka XCEL FX MARKETS) is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.EXCEL FX MARKETS (aka XCEL FX MARKETS) appears to be a scam.On 30 August 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against https://xcelfx.live, believing this company might be providing financial services or products without authorisation in the UK.
On 30 August 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against https://xcelfx.live, believing this company might be providing financial services or products without authorisation in the UK.
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