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Meta Forex Market (MetaFX)

Operating status: SCAM

Website: https://www.metafx.ai/

Broker violations and abnormal records
  • Mar 19, 2023 The UK FCA Added Meta Forex Market (MetaFX) to its Warnings

    On 20 Mar 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Meta Forex Market (MetaFX) may be providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/meta-fx-meta-forex-markets-ltd

    On 20 Mar 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Meta Forex Market (MetaFX) may be providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/meta-fx-meta-forex-markets-ltd
  • Mar 20, 2023 BrokersView has Reviewed that Meta Forex Market (MetaFX) is an Unregulated Forex Broker

    Meta Forex Market (MetaFX) claims to be a reliable broker regulated by the Financial Transaction Centre of Canada (FINTRAC). However, the FINTRAC is not a forex regulatory body. And having registration with it or not does not mean being authorized to provide financial services.

    We searched the Canadian forex regulator - the Investment Industry Regulatory Organization of Canada (IIROC) but found no information about the broker, which means the broker is not regulated in Canada.

    Moreover, the company claims to be located in the UK.

    As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against it in UK FCA.

    FCA warned that Meta Forex Market (MetaFX) may be providing financial services or products in the UK without authorisation.

    The truth is that the company 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.

    Meta Forex Market (MetaFX) claims to be a reliable broker regulated by the Financial Transaction Centre of Canada (FINTRAC). However, the FINTRAC is not a forex regulatory body. And having registration with it or not does not mean being authorized to provide financial services.We searched the Canadian forex regulator - the Investment Industry Regulatory Organization of Canada (IIROC) but found no information about the broker, which means the broker is not regulated in Canada.Moreover, the company claims to be located in the UK.As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against it in UK FCA.FCA warned that Meta Forex Market (MetaFX) may be providing financial services or products in the UK without authorisation.The truth is that the company 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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