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Freserves

Operating status: SCAM

Website: https://freserves.com/

Broker violations and abnormal records
  • Jan 07, 2021 CySEC added Freserves into its blacklist
    On 8 January 2021, the Cyprus Securities and Exchange Commission (CySEC) informed investor that the website financereserve.com do not belong to an entity which has been granted an authorization for the provision of investment services: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=ed7489b7-e51a-433c-ba64-906736b2dfd9
    On 8 January 2021, the Cyprus Securities and Exchange Commission (CySEC) informed investor that the website financereserve.com do not belong to an entity which has been granted an authorization for the provision of investment services: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=ed7489b7-e51a-433c-ba64-906736b2dfd9
  • Dec 17, 2020 The UK regulator FCA added Finance Reserves (Clone) into its blacklist
    The UK regulator FCA warned public that Finance Reserves (Freserves) has cloned the information of FCA-regulated firms Henyep Capital Markets (UK) Limited and Plus500UK Ltd: https://www.fca.org.uk/news/warnings/frcm-mangement-finance-reserves-clone-fca-authorised-firms.
    The UK regulator FCA warned public that Finance Reserves (Freserves) has cloned the information of FCA-regulated firms Henyep Capital Markets (UK) Limited and Plus500UK Ltd: https://www.fca.org.uk/news/warnings/frcm-mangement-finance-reserves-clone-fca-authorised-firms.
  • Aug 29, 2021 BrokersView has reviewed that Freserves is an unregulated forex broker
    Freserves claims to be headquartered in the UK, however, it is currently not regulated or overseen by any regulator when we checked on the UK’s Financial Conduct Authority (FCA). That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    Freserves claims to be headquartered in the UK, however, it is currently not regulated or overseen by any regulator when we checked on the UK’s Financial Conduct Authority (FCA). That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

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