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Fraxtrade
Operating status: SCAM
Website: https://frax-trade.com/
Broker violations and abnormal records
On Aug 22, 2025, the Financial Conduct Authority (FCA) issued a warning against Fraxtrade, believing this company might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/fraxtrade-https-frax-tradecom
On Aug 22, 2025, the Financial Conduct Authority (FCA) issued a warning against Fraxtrade, believing this company might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/fraxtrade-https-frax-tradecomIt claims to be a reliable company and also displays the trophy it has won on the website, but does not show any effective regulatory information on the website. Based on its address, we checked relevant British agencies and found that the Financial Conduct Authority (FCA) issued a warning against Fraxtrade, believing this company might be providing financial services or products without proper authorization.
In essence, Fraxtrade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fraxtrade appears to be a scam.
It claims to be a reliable company and also displays the trophy it has won on the website, but does not show any effective regulatory information on the website. Based on its address, we checked relevant British agencies and found that the Financial Conduct Authority (FCA) issued a warning against Fraxtrade, believing this company might be providing financial services or products without proper authorization. In essence, Fraxtrade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fraxtrade appears to be a scam.
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