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

On 8 Feb 2022, the United Kingdom Fnancial Conduct Authority (UK FCA) issued a warning that FXEDEAL is providing financial services or products in the UK without UK FCA's authorisation. You may visit: https://www.fca.org.uk/news/warnings/fxedeal
On 3 Aug 2022, the Hongkong Securities And Futures Commission(SFC) issued a warning that FXEDEAL is an unlicensed company. You may visit: https://www.sfc.hk/TC/alert-list/2854
FXEDEAL claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1151 LLC 2021. We found a matching result in SVG FSA. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide financial services.
FXEDEAL also claims it has four offices in the United Kingdom, Hongkong, Dubai, and Australia. As per relevant laws, FXEDEAL shall be regulated by the regulators in the four countries or regions, including the United Kingdom Financial Conduct Authority (UK FCA), the Hongkong Securities And Futures Commission(SFC), the Dubai Financial Services Authority (DFSA), and the Australian Securities & Investments Commission(ASIC).
We searched DFSA and ASIC but did not find results that matched this broker. That means FXEDEAL is not authorized to provide financial services in Dubai and Australia.
Moreover, we found two warnings issued by UK FCA and SFC.
UK FCA issued a warning that FXEDEAL is providing financial services or products in the UK without UK FCA's authorisation. And SFC issued a warning that FXEDEAL is an unlicensed company.
The truth is that FXEDEAL is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
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