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FX COINTRADE
Operating status: SCAM
Website: https://fx-cointrade.com/
Broker violations and abnormal records
On April 17, 2024, the Financial Conduct Authority (FCA) issued a warning against FX COINTRADE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fx-cointrade-fx-cointradecom
On April 17, 2024, the Financial Conduct Authority (FCA) issued a warning against FX COINTRADE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fx-cointrade-fx-cointradecomThe domain name of FX COINTRADE was recently registered in November 2023, a fact that contradicts to the alleged business scale. This is a red flag.
While the firm claims to be located in the UK, there are no indications that it is authorized by the Financial Conduct Authority (FCA). As such, the FCA issued a warning against FX COINTRADE, identifying it as an unauthorized firm in the country and advising investors to stay away from the scam.
In essence, FX COINTRADE 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.
FX COINTRADE appears to be a scam.
The domain name of FX COINTRADE was recently registered in November 2023, a fact that contradicts to the alleged business scale. This is a red flag.While the firm claims to be located in the UK, there are no indications that it is authorized by the Financial Conduct Authority (FCA). As such, the FCA issued a warning against FX COINTRADE, identifying it as an unauthorized firm in the country and advising investors to stay away from the scam.In essence, FX COINTRADE 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.FX COINTRADE appears to be a scam.BrokersView found that the domain "https://fx-cointrade.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.
BrokersView found that the domain "https://fx-cointrade.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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