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Operating status: SCAM
Website: https://www.fundstradefx.com/ https://fundstradefx.com/

On May 25, 2023, the Financial Conduct Authority (FCA) issued a warning against FUNDSTRADEFX, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/fundstradefx
FUNDSTRADEFX claims to be a legitimate company by displaying a certificate of incorporation from the Companies House (CH). However, investors must bear in mind that the CH only serves as a registrar of companies in the UK and does not possess the authority to issue forex licenses and regulate entities involved in such activities. Mere registration with the CH doesn't grant authorization to legally offer financial services or products. More importantly, we searched for this company in the CH register but found no matching records. This means FUNDSTRADEFX falsely claims to be registered with the CH. In addition, the Financial Conduct Authority (FCA), a recognized UK financial watchdog, issued a warning against this broker, stating that FUNDSTRADEFX is operating in the absence of proper authorization.
In essence, FUNDSTRADEFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
On July 31, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added FUNDSTRADEFX to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
BrokersView found that the domain "https://www.fundstradefx.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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