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Michael Rayh Fx
Operating status: SCAM
Website: https://www.michaelrayhfx.com/
Broker violations and abnormal records
On 18 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Michael Rayh Fx was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/michael-rayh-fx
On 18 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Michael Rayh Fx was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/michael-rayh-fxMichael Rayh Fx claims to be operated by HGI (USA) LLC, which is regulated by Financial Industry Regulatory Authority (FINRA), we searched the FINRA and found a matching result. But the MAIN ADDRESS of HGI (USA) LLC registered in FINRA is different from Michael Rayh Fx. And there is no any other details can prove HGI (USA) LLC operates Michael Rayh Fx. So Michael Rayh Fx has nothing to do with HGI (USA) LLC. To operate as this type of broker in the United States, a company must be registered with the Commodity Futures Trading Commission (CFTC) and to be a member of the National Futures Association (NFA). Both Michael Rayh Fx and HGI (USA) LLC are not listed among the members of the NFA. It is a red flag.
The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Michael Rayh Fx was providing finacial services or products without authorisation.
The truth is that Michael Rayh Fx is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
Michael Rayh Fx is a scam.
Michael Rayh Fx claims to be operated by HGI (USA) LLC, which is regulated by Financial Industry Regulatory Authority (FINRA), we searched the FINRA and found a matching result. But the MAIN ADDRESS of HGI (USA) LLC registered in FINRA is different from Michael Rayh Fx. And there is no any other details can prove HGI (USA) LLC operates Michael Rayh Fx. So Michael Rayh Fx has nothing to do with HGI (USA) LLC. To operate as this type of broker in the United States, a company must be registered with the Commodity Futures Trading Commission (CFTC) and to be a member of the National Futures Association (NFA). Both Michael Rayh Fx and HGI (USA) LLC are not listed among the members of the NFA. It is a red flag.The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Michael Rayh Fx was providing finacial services or products without authorisation.The truth is that Michael Rayh Fx is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Michael Rayh Fx is a scam.
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