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Forextro

Operating status: SCAM

Website: https://www.forextros.com/

Broker violations and abnormal records
  • Sep 13, 2022 The UK FCA Added Forextro into Its Warnings

    On 14 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Forextro is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/forextro


    On 14 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Forextro is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/forextro
  • Sep 14, 2022 BrokersView has Reveiwed that Forextro is an Unregulated Forex Broker

    Forextro claims to be regulated by European MiFID regulations without presenting the specific name of regulator. At the same time, Forextro claims to be located in the UK. So we searched the United Kingdom Financial Conduct Authority (UK FCA) but only found a warning against this broker. 

    UK FCA issued a warning that Forextro is providing financial services or products in the UK without authorisation.

    The truth is that Forextro 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.

    Forextro claims to be regulated by European MiFID regulations without presenting the specific name of regulator. At the same time, Forextro claims to be located in the UK. So we searched the United Kingdom Financial Conduct Authority (UK FCA) but only found a warning against this broker. UK FCA issued a warning that Forextro is providing financial services or products in the UK without authorisation.The truth is that Forextro 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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