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ICONTROLFX

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Operating status: SCAM

Website: https://www.icontrolfx.com/

Broker violations and abnormal records
  • 2024-10-24 The UK FCA issued a Warning against ICONTROLFX

    On 25 October 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against ICONTROLFX, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/icontrolfx

    On 25 October 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against ICONTROLFX, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/icontrolfx
  • 2024-10-27 BrokersView has reviewed that ICONTROLFX is an unregulated broker

    According to its website, it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Federal Financial Supervisory Authority (BaFin). Upon investigation, no matching information was found in the CySEC and BaFin.

    What's more, we found that the United Kingdom Financial Conduct Authority (FCA) issued a warning against ICONTROLFX, believing this company might be providing financial services or products without authorisation in the UK.

    In essence, ICONTROLFX 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.

    ICONTROLFX appears to be a scam.

    According to its website, it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Federal Financial Supervisory Authority (BaFin). Upon investigation, no matching information was found in the CySEC and BaFin.What's more, we found that the United Kingdom Financial Conduct Authority (FCA) issued a warning against ICONTROLFX, believing this company might be providing financial services or products without authorisation in the UK.In essence, ICONTROLFX 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.ICONTROLFX appears to be a scam.

Related Complaints

Q&A

Investment scam with ICONTROLFX?

Jacob Chapman
Myanmar
2024-11-14
ANSWER Dear Investor,Thank you for reaching out to us. ICONTROLFX is a scam.Its claim of being multi-regulated has been proven false. It is not regulated by any of the mentioned regulators. In addition, the Financial Conduct Authority (FCA) has issued a warning against ICONTROLFX, alerting investors to stay away from the unauthorized firm.Therefore, we strongly suggest you avoid using ICONTROLFX. For a safer trading environment and peace of mind, it is recommended to opt for fully regulated brokers.
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Can ICONTROLFX be trusted??

Izza
Cambodia
2024-10-29
ANSWER Dear Investor,Thank you for reaching out to us. We believe ICONTROLFX is a scam. The broker lists logos of several financial regulators on its website to bolster its credibility, but fails to provide any convincing evidence such as detailed licensing data. Our thorough research found no corresponding records in the registers of the authorities it claims to be associated with, making its attempt to appear regulated untrustworthy. This is an unregulated broker. Additionally, the Financial Conduct Authority (FCA) has issued a warning against ICONTROLFX for lacking the required authorization.Therefore, we strongly advise you to avoid using ICONTROLFX. For a safer trading environment, it is recommended to opt for fully regulated brokers instead.
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