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Fxtrade Premium
Operating status: SCAM
Website: https://fxtradepremium.com/
Broker violations and abnormal records
It claims to be a compliant platform, regulated by the U.S. Commodity Futures Trading Commission (CFTC), the Belize International Financial Services Commission (IFSC), and the Federal Financial Supervisory Authority (BaFin). Upon investigation, no matching information was found in the CFTC, IFSA, and BaFin.
In essence, Fxtrade Premium is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fxtrade Premium appears to be a scam.
It claims to be a compliant platform, regulated by the U.S. Commodity Futures Trading Commission (CFTC), the Belize International Financial Services Commission (IFSC), and the Federal Financial Supervisory Authority (BaFin). Upon investigation, no matching information was found in the CFTC, IFSA, and BaFin. In essence, Fxtrade Premium is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fxtrade Premium appears to be a scam.
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