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Firm Exchange

Operating status: SCAM

Website: https://firm-exchange.site/

Broker violations and abnormal records
  • Mar 15, 2023 The UK regulator FCA added Firm Exchange to warning list

    The Financial Conduct Authority (FCA) issued a warning against Firm Exchange on Mar 16, 2023 for its offering of financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/firm-exchange

    The Financial Conduct Authority (FCA) issued a warning against Firm Exchange on Mar 16, 2023 for its offering of financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/firm-exchange
  • Mar 16, 2023 BrokersView has reviewed that Firm Exchange is an unregulated broker

    Firm Exchange claims to be a legal company registered in Australia but presents no further details about its regulatory status. We then searched this firm on the website of Australian Securities & Investments Commission (ASIC), the national corporate regulator supervising Australia's corporations, markets, and financial services, but found no matching records. That means what this broker claims is a false statement to unsuspecting investors. Additionally, the Financial Conduct Authority (FCA), the UK financial regulator, has issued a warning against Firm Exchange for its offering of financial services or products in the UK without authorization.

    The truth is, Firm Exchange 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.

    Firm Exchange claims to be a legal company registered in Australia but presents no further details about its regulatory status. We then searched this firm on the website of Australian Securities & Investments Commission (ASIC), the national corporate regulator supervising Australia's corporations, markets, and financial services, but found no matching records. That means what this broker claims is a false statement to unsuspecting investors. Additionally, the Financial Conduct Authority (FCA), the UK financial regulator, has issued a warning against Firm Exchange for its offering of financial services or products in the UK without authorization.The truth is, Firm Exchange 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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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.