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FXCHAINS LTD

Operating status: SCAM

Website: https://www.fxchains-ltd.org/

Broker violations and abnormal records
  • Feb 05, 2023 The UK FCA Added FXCHAINS-LTD into Its Warnings

    On 6 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that FXCHAINS-LTD may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/fxchains-ltd

    On 6 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that FXCHAINS-LTD may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/fxchains-ltd
  • Feb 08, 2023 BrokersView has reviewed that FXCHAINS-LTD is an Unregulated Forex Broker

    FXCHAINS-LTD claims to be a leading FinTech corporation serving millions of people across the world and was founded in 2016. However, when we checked its domain, we found it was newly created in 2023. So how could it start its business in 2016? It is a red flag here.

    Besides, FXCHAINS-LTD shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, when we searched in FCA, we only a warning against this broker providing financial services or products in the UK without authorization. The truth is, FXCHAINS-LTD is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

    FXCHAINS-LTD claims to be a leading FinTech corporation serving millions of people across the world and was founded in 2016. However, when we checked its domain, we found it was newly created in 2023. So how could it start its business in 2016? It is a red flag here.Besides, FXCHAINS-LTD shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, when we searched in FCA, we only a warning against this broker providing financial services or products in the UK without authorization. The truth is, FXCHAINS-LTD is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It 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.

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