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ForteFX

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Operating status: SCAM

Website: http://www.forte-fx.com/

Broker violations and abnormal records
  • 2024-02-04 The FCA issues a warning against ForteFX

    On Feb 5, 2024, the Financial Conduct Authority (FCA) issued a warning against ForteFX, identifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/fortefx


    On Feb 5, 2024, the Financial Conduct Authority (FCA) issued a warning against ForteFX, identifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/fortefx
  • 2024-02-05 BrokersView has reviewed that ForteFX is an unregulated trading platform

    ForteFX asserts its membership with the Financial Commission, yet our investigation found no record of this company in the Commission's registry.

    Moreover, despite ForteFX's declaration of being registered with both the U.S. Securities and Exchange Commission (SEC) and the Investment Industry Regulatory Organization of Canada (IIROC), our exhaustive search failed to corroborate these claims.


    Furthermore, the Financial Conduct Authority (FCA) in the UK has issued a warning about ForteFX, categorizing it as an unauthorized entity.

    In essence, ForteFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    ForteFX appears to be a scam.

    ForteFX asserts its membership with the Financial Commission, yet our investigation found no record of this company in the Commission's registry. Moreover, despite ForteFX's declaration of being registered with both the U.S. Securities and Exchange Commission (SEC) and the Investment Industry Regulatory Organization of Canada (IIROC), our exhaustive search failed to corroborate these claims.Furthermore, the Financial Conduct Authority (FCA) in the UK has issued a warning about ForteFX, categorizing it as an unauthorized entity.In essence, ForteFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.ForteFX appears to be a scam.

Related Complaints

Q&A

Can I trade with ForteFX?

Smilen Chan
Niue
2024-02-25
ANSWER No, we strongly suggest you avoid any engagement with ForteFX, an unlicensed trading platform.This website's claims about its licenses are baseless, as our investigation hasn't found any records from relevant financial regulators to substantiate such assertions. Things became even more alarming when the Financial Conduct Authority (FCA) issued a warning about ForteFX, identifying it as an unauthorized firm in the UK and suspecting it of running potential scams.Given these findings, ForteFX is far from a secure option. It poses risks of fraud and identity theft, as there is no regulatory oversight in place to safeguard investors' interests. To mitigate such risks and have a safer trading environment, it is advisable to stay away from ForteFX and instead choose brokers subject to strict supervision.
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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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