Flip Access Review : Fees, Pros and Cons, Reviews by Real Traders

Flip Access

Operating status: SCAM

Website: https://flipsaccess.com/

Broker violations and abnormal records

May 26, 2022 The Germany BaFin Added Flip Access into Its Warnings
On 27 May 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Flip Access does not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_05_25_flipsaccess_en.html;jsessionid=78B6DDD83D265031F0309C4FF7FA9202.2_cid500

On 27 May 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Flip Access does not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_05_25_flipsaccess_en.html;jsessionid=78B6DDD83D265031F0309C4FF7FA9202.2_cid500
Jun 01, 2022 BrokersView has reviewed that Flip Access is an unregulated forex broker
Flip Access has a domain name that was created on 31 March 2022, only two months ago. As we all know, fraudulent forex entities create sites that are generally 1 to 2 years old and disappear to recreate another domain name. And Flip Access is therefore, part of this dangerous category of fraudulent financial company.
On its "Legal/Regulation", Flip Access states it is an authorised broker under double supervision, including the Register of Companies of the Financial Conduct Authority(FCA) under registration number 9828006 and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) under registration number 0198016. However, we found no matching records for the firm on the FCA Registry and BaFin Registry. Instead, we found a warning record - BaFin investigates Flip Access - the company is not supervised by BaFin.
Based on the above information, we can conclude that Flip Access is a scam.

Flip Access has a domain name that was created on 31 March 2022, only two months ago. As we all know, fraudulent forex entities create sites that are generally 1 to 2 years old and disappear to recreate another domain name. And Flip Access is therefore, part of this dangerous category of fraudulent financial company. On its "Legal/Regulation", Flip Access states it is an authorised broker under double supervision, including the Register of Companies of the Financial Conduct Authority(FCA) under registration number 9828006 and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) under registration number 0198016. However, we found no matching records for the firm on the FCA Registry and BaFin Registry. Instead, we found a warning record - BaFin investigates Flip Access - the company is not supervised by BaFin.Based on the above information, we can conclude that Flip Access is a scam.

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