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FORE XF
Operating status: SCAM
Broker violations and abnormal records
On 9 September 2024, The Federal Financial Supervisory Authority (BaFin) issued a warning against Fore XF (bdsu-fx.com), believing this company is providing financial and investment services on this website without the required authorisation. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_06_Fore_XF_en.html.
On 9 September 2024, The Federal Financial Supervisory Authority (BaFin) issued a warning against Fore XF (bdsu-fx.com), believing this company is providing financial and investment services on this website without the required authorisation. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_09_06_Fore_XF_en.html.FORE XF claims to be headquartered in the UK, is regulated by the the Money Services Business (MSB) of the United States, which offers a range of investment products to traders, including Forex, Stocks, Indices, Commodities, Crypto, Metals, Energy and more instruments for trading in global markets.
Upon investigation, we found that FORE XF GLOBAL LIMITED is registered with the US MSB, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives.
The truth is that FORE XF is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.
FORE XF is a scam.
FORE XF claims to be headquartered in the UK, is regulated by the the Money Services Business (MSB) of the United States, which offers a range of investment products to traders, including Forex, Stocks, Indices, Commodities, Crypto, Metals, Energy and more instruments for trading in global markets.Upon investigation, we found that FORE XF GLOBAL LIMITED is registered with the US MSB, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives.The truth is that FORE XF is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.FORE XF is a scam.On November 15, 2024, the Belgian Financial Services and Markets Authority (FSMA) added FORE XF to its warning list as a fraudulent trading platform operating in the Belgian market and advised investors to stay away from it. https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud
On November 15, 2024, the Belgian Financial Services and Markets Authority (FSMA) added FORE XF to its warning list as a fraudulent trading platform operating in the Belgian market and advised investors to stay away from it. https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraudBrokersView found that the domain "https://bdsu-fx.com/""https://forexf.cc/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://bdsu-fx.com/""https://forexf.cc/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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