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SYNCXTRADES
Operating status: SCAM
Website: https://www.syncxtrades.com/
Broker violations and abnormal records
On December 27, 2024, the Financial Conduct Authority (FCA) issued a warning against SYNCXTRADES for the lack of the required authorization. https://www.fca.org.uk/news/warnings/syncxtrades
On December 27, 2024, the Financial Conduct Authority (FCA) issued a warning against SYNCXTRADES for the lack of the required authorization. https://www.fca.org.uk/news/warnings/syncxtradesThe website of SYNCXTRADES is riddled with falsehoods. First, the broker claims to have been in business since 2013, yet its domain name was only registered in February 2024. Second, it alleges seven years of UK regulation, but the Financial Conduct Authority (FCA) has issued a warning refuting this claim. Lastly, the company behind SYNCXTRADES refers to itself as Financial Universal holdings COMPANY LTD, allegedly having registration number 22916 IBC in St. Vincent and the Grenadines. However, the firm linked to this number is AAFX TRADING COMPANY LTD, which bears no responsibility for SYNCXTRADES.
In reality, SYNCXTRADES is not regulated by any governing body. Entrusting your funds to this broker is extremely risky as there are no legal protections to safeguard your investments. SYNCXTRADES appears to be a scam.
The website of SYNCXTRADES is riddled with falsehoods. First, the broker claims to have been in business since 2013, yet its domain name was only registered in February 2024. Second, it alleges seven years of UK regulation, but the Financial Conduct Authority (FCA) has issued a warning refuting this claim. Lastly, the company behind SYNCXTRADES refers to itself as Financial Universal holdings COMPANY LTD, allegedly having registration number 22916 IBC in St. Vincent and the Grenadines. However, the firm linked to this number is AAFX TRADING COMPANY LTD, which bears no responsibility for SYNCXTRADES. In reality, SYNCXTRADES is not regulated by any governing body. Entrusting your funds to this broker is extremely risky as there are no legal protections to safeguard your investments. SYNCXTRADES appears to be a scam.
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