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CFX Optiontrade

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Operating status: SCAM

Website: https://cfxoptiontrade.com/web/

Broker violations and abnormal records
  • 2024-02-18 BrokersView has Reviewed that CFX Optiontrade is an Unregulated Broker

    CFX Optiontrade claims to be regulated by the United Kingdom Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) and the Securities Commission of The Bahamas (SCB).

    We searched these regulators by its company name/number but found no matching results.

    The truth is that CFX Optiontrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.

    CFX Optiontrade is a scam.

    CFX Optiontrade claims to be regulated by the United Kingdom Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) and the Securities Commission of The Bahamas (SCB).We searched these regulators by its company name/number but found no matching results.The truth is that CFX Optiontrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.CFX Optiontrade is a scam.

Related Complaints

Q&A

What is the lowest spread CFX Optiontrade offer?

Thomas Rabia
Armenia
2024-02-29
ANSWER CFX Optiontrade operates as an unlicensed trading platform.The company disseminates false regulatory information, leading unsuspecting investors to believe in its legitimacy. However, our thorough search in the registers of the financial regulators it purports to be associated with has yielded no records to validate such claims.Given these circumstances, CFX Optiontrade exhibits characteristics of fraudulent behavior, posing significant risks to investors. In the absence of regulatory oversight, its clients lack protection. To circumvent such risks, it is recommended that investors avoid CFX Optiontrade and instead choose platforms that are fully regulated.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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