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Marketfxchoice
Operating status: SCAM
Website: https://www.marketfxchoice.com/
Broker violations and abnormal records
On May 3rd, 2024, the Financial Conduct Authority (FCA) issued a warning against Marketfxchoice, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/marketfxchoice-wwwmarketfxchoicecom
On May 3rd, 2024, the Financial Conduct Authority (FCA) issued a warning against Marketfxchoice, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/marketfxchoice-wwwmarketfxchoicecomThe website of Marketfxchoice appears to be identical to that of Fxmarkettrade, an unregulated broker that has previously been flagged by BrokersView. While Marketfxchoice has updated the address of its alleged office, it has carelessly forgotten to change all pertinent information on the website template. As a result, it paradoxically claims to be located in the UK, while also claiming to have a US address that is identical to Fxmarkettrade's. However, the claimed UK address does not seem to be Marketfxchoice's genuine address either, as our search suggests that more than one company shares the same registered UK address.
Marketfxchoice purports to be authorized and regulated by the Financial Conduct Authority (FCA). However, this claim has been refuted by the FCA itself, which has issued a warning against this potentially fraudulent trading platform. The UK's financial watchdog categorizes Marketfxchoice as an unauthorized firm operating within its jurisdiction.
In essence, Marketfxchoice 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.
Marketfxchoice appears to be a scam.
The website of Marketfxchoice appears to be identical to that of Fxmarkettrade, an unregulated broker that has previously been flagged by BrokersView. While Marketfxchoice has updated the address of its alleged office, it has carelessly forgotten to change all pertinent information on the website template. As a result, it paradoxically claims to be located in the UK, while also claiming to have a US address that is identical to Fxmarkettrade's. However, the claimed UK address does not seem to be Marketfxchoice's genuine address either, as our search suggests that more than one company shares the same registered UK address.Marketfxchoice purports to be authorized and regulated by the Financial Conduct Authority (FCA). However, this claim has been refuted by the FCA itself, which has issued a warning against this potentially fraudulent trading platform. The UK's financial watchdog categorizes Marketfxchoice as an unauthorized firm operating within its jurisdiction.In essence, Marketfxchoice 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.Marketfxchoice appears to be a scam.
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