Global Active FXT (Globalactive FxTrade) Review : Fees, Pros and Cons, Reviews by Real Traders

Global Active FXT (Globalactive FxTrade)

Operating status: SCAM

Website: https://www.globalactivefxt.com/

Broker violations and abnormal records

Jun 14, 2023 The UK FCA issued a warning against Global Active FXT (Globalactive FxTrade)
On June 15, 2023, the Financial Conduct Authority (FCA) issued a warning against Global Active FXT (Globalactive FxTrade), believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/global-active-fxt-globalactive-fxtrade

On June 15, 2023, the Financial Conduct Authority (FCA) issued a warning against Global Active FXT (Globalactive FxTrade), believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/global-active-fxt-globalactive-fxtrade
Jun 15, 2023 BrokersView has reviewed that Global Active FXT (Globalactive FxTrade) is an unregulated broker
Global Active FXT (Globalactive FxTrade) claims to be operated by Globalactive FxTrade LTD, a company registered with the Companies House (CH) under company number 13420432. However, our search for the company number in the CH register found that Global Active FXT is using details of another registered company to appear real, casting doubts on the broker's authenticity. Furthermore, mere registration with the CH doesn't mean being authorized to offer financial services or products. More importantly, the Financial Conduct Authority (FCA) has warned the public of Global Active FXT about it being an unauthorized firm.
In essence, Global Active FXT (Globalactive FxTrade) 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. It is unequivocally a scam.

Global Active FXT (Globalactive FxTrade) claims to be operated by Globalactive FxTrade LTD, a company registered with the Companies House (CH) under company number 13420432. However, our search for the company number in the CH register found that Global Active FXT is using details of another registered company to appear real, casting doubts on the broker's authenticity. Furthermore, mere registration with the CH doesn't mean being authorized to offer financial services or products. More importantly, the Financial Conduct Authority (FCA) has warned the public of Global Active FXT about it being an unauthorized firm.In essence, Global Active FXT (Globalactive FxTrade) 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. It is unequivocally a scam.

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