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Realex Trading
Operating status: SCAM
Website: https://realextrading.com/
Broker violations and abnormal records
On December 11, 2023, the Financial Conduct Authority (FCA) issued a warning against Realex Trading, believing this broker might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/realex-trading
On December 11, 2023, the Financial Conduct Authority (FCA) issued a warning against Realex Trading, believing this broker might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/realex-tradingRealex Trading claims to be licensed by the Financial Conduct Authority (FCA) under the license number 08994234.
However, this number is not listed in the FCA register and is actually a registration number issued by the Companies House (CH), held by a different firm, BITSTOCKS LTD. There appears to be no association between these two companies.
Further investigation reveals that the FCA has issued a warning against Realex Trading, confirming that it is an unauthorized firm in the UK.
In essence, Realex Trading 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.
Realex Trading is unequivocally a scam.
Realex Trading claims to be licensed by the Financial Conduct Authority (FCA) under the license number 08994234.However, this number is not listed in the FCA register and is actually a registration number issued by the Companies House (CH), held by a different firm, BITSTOCKS LTD. There appears to be no association between these two companies.Further investigation reveals that the FCA has issued a warning against Realex Trading, confirming that it is an unauthorized firm in the UK.In essence, Realex Trading 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.Realex Trading is unequivocally a scam.BrokersView found that the domain "https://realextrading.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://realextrading.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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