Exchange Income Review : Fees, Pros and Cons, Reviews by Real Traders

Exchange Income

Operating status: SCAM

Website: https://exchange-income.com/

Broker violations and abnormal records

Nov 23, 2022 The Belize FSC Added Exchange Income into Its Warnings
On 24 Nov 2022, the Financial Services Commission of Belize (Belize FSC or IFSC) issued a warning that Exchange Income was not licensed under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize. You may visit: https://www.belizefsc.org.bz/warning-notice-exchange-income/

On 24 Nov 2022, the Financial Services Commission of Belize (Belize FSC or IFSC) issued a warning that Exchange Income was not licensed under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize. You may visit: https://www.belizefsc.org.bz/warning-notice-exchange-income/
Nov 24, 2022 BrokersView has Reviewed that Exchange Income is an Unregulated Forex Broker
Exchange Income claims to be located in the USA and regulated by U.S. Commodity Futures Trading Commission (CFTC), Belize Financial Services Commission (Belize FSC or IFSC), and Cyprus Securities and Exchange Commission (CySEC).
We searched National Futures Association (NFA) of the United States but found no matching results. And there was no financial reports of this company in U.S. Commodity Futures Trading Commission (CFTC). All in all, this broker is not regulated in the USA.
In addition, we did not find any matching results in CySEC. That means the broker is not regulated by the regulator.
Moreover, Belize FSC issued a warning that Exchange Income was not licensed under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize.
The truth is that Exchange Income 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.

Exchange Income claims to be located in the USA and regulated by U.S. Commodity Futures Trading Commission (CFTC), Belize Financial Services Commission (Belize FSC or IFSC), and Cyprus Securities and Exchange Commission (CySEC).We searched National Futures Association (NFA) of the United States but found no matching results. And there was no financial reports of this company in U.S. Commodity Futures Trading Commission (CFTC). All in all, this broker is not regulated in the USA. In addition, we did not find any matching results in CySEC. That means the broker is not regulated by the regulator. Moreover, Belize FSC issued a warning that Exchange Income was not licensed under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize.The truth is that Exchange Income 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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