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Forex Expertfxstrade

Operating status: SCAM

Website: https://www.forexexpertfxstrade.com/

Broker violations and abnormal records
  • Apr 16, 2023 The UK regulator FCA issued a warning against Forex Expertfxstrade

    On April 17, 2023, the Financial Conduct Authority (FCA) issued a warning against Forex Expertfxstrade, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/forex-expertfxstrade

    On April 17, 2023, the Financial Conduct Authority (FCA) issued a warning against Forex Expertfxstrade, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/forex-expertfxstrade
  • Apr 18, 2023 BrokersView has reviewed that Forex Expertfxstrade is an unregulated broker

    Forex Expertfxstrade claims to be globally licensed but provides no more details about its regulatory status, which is a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses. This broker purports to be located in the US. As per US law, brokers operating in the US must be a member of the National Futures Association (NFA). However, our search for this broker in the registry of NFA didn't yield any results. In addition, the Financial Conduct Authority (FCA) has issued a warning against Forex Expertfxstrade, believing this broker might be providing financial services or products in the UK without authorization.

    In essence, Forex Expertfxstrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Forex Expertfxstrade claims to be globally licensed but provides no more details about its regulatory status, which is a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses. This broker purports to be located in the US. As per US law, brokers operating in the US must be a member of the National Futures Association (NFA). However, our search for this broker in the registry of NFA didn't yield any results. In addition, the Financial Conduct Authority (FCA) has issued a warning against Forex Expertfxstrade, believing this broker might be providing financial services or products in the UK without authorization.In essence, Forex Expertfxstrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally 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:

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