FX MONSTERS Review : Fees, Pros and Cons, Reviews by Real Traders

FX MONSTERS

Operating status: SCAM

Website: https://www.fx-monsters.live/

Broker violations and abnormal records

Sep 03, 2023 The UK FCA issued a Warning against FX MONSTERS
On 31 August 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FX MONSTERS was providing financial services or products in the UK without authorisation. You may visit:https://www.fca.org.uk/news/warnings/fx-monsters

On 31 August 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FX MONSTERS was providing financial services or products in the UK without authorisation. You may visit:https://www.fca.org.uk/news/warnings/fx-monsters
Sep 03, 2023 BrokersView has Reviewed that FX MONSTERS is an Unregulated Broker
According to its website, FX MONSTERS claims to be regulated by the US Securities and Exchange Commission (SEC), but found no matching information. In addition, in the United States, foreign exchange is under the jurisdiction of Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). If you want to be under the jurisdiction of CFTC, you must be a member of NFA. After verification, no matching information was found in NFA.
The truth is that FX MONSTERS is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
Therefore, FX MONSTERS is a scam.

According to its website, FX MONSTERS claims to be regulated by the US Securities and Exchange Commission (SEC), but found no matching information. In addition, in the United States, foreign exchange is under the jurisdiction of Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). If you want to be under the jurisdiction of CFTC, you must be a member of NFA. After verification, no matching information was found in NFA.The truth is that FX MONSTERS is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, FX MONSTERS is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.