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Megafxswifttrade
Operating status: SCAM
Broker violations and abnormal records
On October 9, 2023, the Financial Conduct Authority (FCA) issued a warning against Megafxswifttrade, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/megafxswifttrade
On October 9, 2023, the Financial Conduct Authority (FCA) issued a warning against Megafxswifttrade, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/megafxswifttradeOn the one hand, the business certificate from the Companies House (CH) Megafxswifttrade claims to have is fake. On the other hand, the UK's financial Conduct Authority (FCA) has flagged Megafxswifttrade as an unauthorized firm in the UK.
In essence, Megafxswifttrade 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.
Megafxswifttrade appears to be a scam.
On the one hand, the business certificate from the Companies House (CH) Megafxswifttrade claims to have is fake. On the other hand, the UK's financial Conduct Authority (FCA) has flagged Megafxswifttrade as an unauthorized firm in the UK.In essence, Megafxswifttrade 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.Megafxswifttrade appears to be a scam.
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