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Operating status: SCAM

On August 7, 2023, the Financial Conduct Authority (FCA) issued a warning against World Express Trading Platform, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/world-express-trading-platform
World Express Trading Platform claims to be operated by P24O Ltd, a company the Malta Financial Services Authority (MFSA) has repeatedly warned that it is not regulated by the MFSA. We also searched for this company in the MFSA register, but no records matching it exist.
World Express Trading Platform displays logos of the Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), the Financial Authority (AMF), and the Italian Companies and Exchange Commission (CONSOB). However, none of these regulators has authorized World Express Trading Platform.
Furthermore, World Express Trading Platform claims to be regulated by the US Financial Services Authority. However, there isn't such an authority in the US.
The FCA also issued a warning against World Express Trading Platform, cautioning the public of the this unauthorized firm.
In essence, World Express Trading Platform 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.
BrokersView found that the domain "https://www.worldexpresstradingplatform.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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