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Tfcm protrading

Operating status: SCAM

Website: https://www.tfcm-protrading.com/

Broker violations and abnormal records
  • Apr 11, 2023 The UK regulator FCA issued a warning against Tfcm-protrading

    On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Tfcm-protrading, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/tfcm-protrading

    On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Tfcm-protrading, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/tfcm-protrading
  • Apr 12, 2023 BrokersView has reviewed that Tfcm-protrading is an unregulated broker

    Tfcm-protrading claims to be reliable but presents zero details about its regulatory status, which is a clear indication of an unlicensed broker since legitimate ones always prominently display their accreditation and licenses. Furthermore, we noticed that this broker purports to be located in London. As per UK law, almost all firms and individuals must be authorized by the Financial Conduct Authority (FCA) if they offer, promote or sell financial products or services in the UK. However, when searching for Tfcm-protrading in the registry of the FCA, we found it is listed as an unauthorized firm.

    In essence, Tfcm-protrading 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. It is unequivocally a scam.

    Tfcm-protrading claims to be reliable but presents zero details about its regulatory status, which is a clear indication of an unlicensed broker since legitimate ones always prominently display their accreditation and licenses. Furthermore, we noticed that this broker purports to be located in London. As per UK law, almost all firms and individuals must be authorized by the Financial Conduct Authority (FCA) if they offer, promote or sell financial products or services in the UK. However, when searching for Tfcm-protrading in the registry of the FCA, we found it is listed as an unauthorized firm.In essence, Tfcm-protrading 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. It is unequivocally a scam.

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