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FXSKYOPTION TRADE
Operating status: SCAM
Website: https://www.fxskyoptiontrade.com/
Broker violations and abnormal records
On January 12, 2024, the Financial Conduct Authority (FCA) issued a warning against FXSKYOPTION TRADE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxskyoption-trade
On January 12, 2024, the Financial Conduct Authority (FCA) issued a warning against FXSKYOPTION TRADE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxskyoption-tradeFXSKYOPTION TRADE claims to have been in business since 1986, but its domain name, fxskyoptiontrade.com, was first registered in November 2023. This contradiction often serves as a red flag, indicating potential dishonesty from this platform.
On its website, it provides an AFSL 398528 issued by the Australian Securities and Investments Commission (ASIC) to appear legitimate. However, this license is associated with Mitrade Global Pty Ltd, and the profiles provided by the ASIC and the Australian Financial Complaints Authority (AFCA) do not support any possible relationship between FXSKYOPTION TRADE and the ASIC-registered entity. This appears to be a case of identity theft.
Furthermore, despite claiming to be located in the UK, the Financial Conduct Authority (FCA) has issued a warning against FXSKYOPTION TRADE, identifying it as an unauthorized firm in the UK.
In essence, FXSKYOPTION TRADE is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
FXSKYOPTION TRADE appears to be a scam.
FXSKYOPTION TRADE claims to have been in business since 1986, but its domain name, fxskyoptiontrade.com, was first registered in November 2023. This contradiction often serves as a red flag, indicating potential dishonesty from this platform.On its website, it provides an AFSL 398528 issued by the Australian Securities and Investments Commission (ASIC) to appear legitimate. However, this license is associated with Mitrade Global Pty Ltd, and the profiles provided by the ASIC and the Australian Financial Complaints Authority (AFCA) do not support any possible relationship between FXSKYOPTION TRADE and the ASIC-registered entity. This appears to be a case of identity theft.Furthermore, despite claiming to be located in the UK, the Financial Conduct Authority (FCA) has issued a warning against FXSKYOPTION TRADE, identifying it as an unauthorized firm in the UK.In essence, FXSKYOPTION TRADE is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.FXSKYOPTION TRADE appears to be a scam.BrokersView found that the domain "https://www.fxskyoptiontrade.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://www.fxskyoptiontrade.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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