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FXCL
Operating status: SCAM
Website: https://www.fxclearing.com/
Broker violations and abnormal records
According to its website, it claims to be registered in Botswana. As we all know, Botswana does not have the right to regulate foreign exchange. More notably, its previously claimed that the Financial Services Authority of St. Vincent and Grenadines (SVG FSA) registration has announced its discontinuation. All the signs indicate substantial risks of FXCL. Investors should be informed about the development and stay clear of it.
According to its website, it claims to be registered in Botswana. As we all know, Botswana does not have the right to regulate foreign exchange. More notably, its previously claimed that the Financial Services Authority of St. Vincent and Grenadines (SVG FSA) registration has announced its discontinuation. All the signs indicate substantial risks of FXCL. Investors should be informed about the development and stay clear of it.
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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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