FXTM Global Exchange Review : Fees, Pros and Cons, Reviews by Real Traders

FXTM Global Exchange

Operating status: SCAM

Website: https://www.fxtmglobalexchange.com/

Broker violations and abnormal records

Mar 20, 2023 The UK regulator FCA added FXTM Global Exchange to warning list
The Financial Conduct Authority (FCA) has issued a warning against FXTM Global Exchange on March 21, 2023, revealing that this broker might be providng financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/fxtm-global-exchange

The Financial Conduct Authority (FCA) has issued a warning against FXTM Global Exchange on March 21, 2023, revealing that this broker might be providng financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/fxtm-global-exchange
Mar 21, 2023 BrokersView has reviewed that FXTM Global Exchange is an unregulated broker
FXTM Global Exchange claims to owned and operated by FXTM Global Exchange Ltd, a company located in the Commonwealth of Dominica. However, it should be noted that Dominica is a well-known offshore center. Furthermore, this broker does not provide more details about its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. More importantly, the Financial Conduct Authority (FCA) has issued a warning against FXTM Global Exchange for its offering of financial services or products in the UK without authorization.
The truth is, FXTM Global Exchange 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.

FXTM Global Exchange claims to owned and operated by FXTM Global Exchange Ltd, a company located in the Commonwealth of Dominica. However, it should be noted that Dominica is a well-known offshore center. Furthermore, this broker does not provide more details about its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. More importantly, the Financial Conduct Authority (FCA) has issued a warning against FXTM Global Exchange for its offering of financial services or products in the UK without authorization.The truth is, FXTM Global Exchange 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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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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