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

FPTRADES

Operating status: SCAM

Website: https://www.fxpoptrades.com/home.php

Broker violations and abnormal records

Dec 13, 2022 The UK FCA Warns that FPTRADES is a Clone Firm
On 14 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FPTRADES was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/fptrades-fxpoptrades-clone-fca-authorised-firm

On 14 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FPTRADES was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/fptrades-fxpoptrades-clone-fca-authorised-firm
Dec 15, 2022 BrokersView has Reviewed that FPTRADES is an Unregulated Forex Broker
FPTRADES claims to be owned by Tradeslide Trading Tech Limited, a company incorporated in the UK (company number 08061368) and regulated by the United Kingdom Financial Conduct Authority (UK FCA) with FRN number 586466.
We searched the company number in Companies House of United Kingdom (CH) and found the company. However, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.
Besides, we found that FCA issued a warning that FPTRADES was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.
The truth is that FPTRADES 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.

FPTRADES claims to be owned by Tradeslide Trading Tech Limited, a company incorporated in the UK (company number 08061368) and regulated by the United Kingdom Financial Conduct Authority (UK FCA) with FRN number 586466. We searched the company number in Companies House of United Kingdom (CH) and found the company. However, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Besides, we found that FCA issued a warning that FPTRADES was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.The truth is that FPTRADES 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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