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SURE FX OPEN
On August 9 2024, the Financial Conduct Authority (FCA) issued a warning against SURE FX OPEN, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sure-fx-open
On August 9 2024, the Financial Conduct Authority (FCA) issued a warning against SURE FX OPEN, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sure-fx-openSURE FX OPEN claims to be regulated in the USA by GSE. However, a Government-Sponsored Enterprise (GSE) is a quasi-governmental entity. It's not an authority in the sense of a regulatory body, but rather than an entity created by the United States Congress to enhance the flow of credit to specific sectors of the US economy. To operate as a forex broker, SURE FX OPEN is supposed to be registered as a member of the National Futures Association (NFA). But no records indicate that it is an NFA member.
In addition, the Financial Conduct Authority (FCA) issued a warning against SURE FX OPEN, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, SURE FX OPEN 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.
SURE FX OPEN appears to be a scam.
SURE FX OPEN claims to be regulated in the USA by GSE. However, a Government-Sponsored Enterprise (GSE) is a quasi-governmental entity. It's not an authority in the sense of a regulatory body, but rather than an entity created by the United States Congress to enhance the flow of credit to specific sectors of the US economy. To operate as a forex broker, SURE FX OPEN is supposed to be registered as a member of the National Futures Association (NFA). But no records indicate that it is an NFA member.In addition, the Financial Conduct Authority (FCA) issued a warning against SURE FX OPEN, believing this company might be providing financial services or products without proper authorization in the UK.In essence, SURE FX OPEN 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.SURE FX OPEN appears to be a scam.
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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.
Disclaimer:
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