On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Amirex Trading, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/amirex-trading

Amirex Trading claims to be operated by Fantom Global Limited registered with the Companies House (CH) under the company number 13790389. Although we did find this broker on the website of the CH, it is crucial to note that the CH is only a registrar of companies in the UK. Having registration doesn't necessarily mean that it is regulated and can legally provide financial services or products. As per UK law, almost all firms and individuals must be authorized by the Financial Conduct Authority (FCA) if they offer, promote or sell financial products or services in the UK. However, when searching for this broker in the registry of the FCA, we found it is listed as an unauthorized firm.

In essence, Amirex Trading 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.