Fortexo Review : Fees, Pros and Cons, Reviews by Real Traders

Fortexo

Operating status: SCAM

Website: https://fortexo.co/en/index.php

Broker violations and abnormal records

Dec 05, 2021 UK FCA Added Fortexo into the Unregistered Firm Alert
On 6th October 2021, FCA released a notification that Fortexo has not been authorized to carry out investment services and activities in UK as a result of lacking the watchdog’s authorization. In other words, Fortexo is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker. You may visit: https://www.fca.org.uk/news/warnings/fortexo

On 6th October 2021, FCA released a notification that Fortexo has not been authorized to carry out investment services and activities in UK as a result of lacking the watchdog’s authorization. In other words, Fortexo is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker. You may visit: https://www.fca.org.uk/news/warnings/fortexo
Dec 27, 2021 BrokersView has reviewed that Fortexo is an Unregulated Forex Broker
Viewing its official website, we found that Fortexo is a brand owned by FLAB GROUP LTD from the Saint Vincent and the Grenadines(SVG) and claims to be registered with SVG Financial Services Authority (FSA) under the regulation number#25375 BC 2021. After searching with the registration number on the SVG FSA, we found that there is no mentioning of Fortexo company there.
Besides operating services without any licenses, the firm has already been remarked as a scam by UK financial authority FCA recently.
On 6th October 2021, FCA released a notification that Fortexo has not been authorized to carry out investment services and activities in UK as a result of lacking the watchdog’s authorization. In other words, Fortexo is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Viewing its official website, we found that Fortexo is a brand owned by FLAB GROUP LTD from the Saint Vincent and the Grenadines(SVG) and claims to be registered with SVG Financial Services Authority (FSA) under the regulation number#25375 BC 2021. After searching with the registration number on the SVG FSA, we found that there is no mentioning of Fortexo company there. Besides operating services without any licenses, the firm has already been remarked as a scam by UK financial authority FCA recently.On 6th October 2021, FCA released a notification that Fortexo has not been authorized to carry out investment services and activities in UK as a result of lacking the watchdog’s authorization. In other words, Fortexo is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
Jul 07, 2022 BrokersView has found that Fortexo is not working
On 8 Jul 2022, BrokersView found the domain https://fortexo.co/en/index.php is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

On 8 Jul 2022, BrokersView found the domain https://fortexo.co/en/index.php is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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