BrokersView
Search
Download
English
Sign In

BarclaysAG

Save

Operating status: SCAM

Website: https://barclaysag.com/

Broker violations and abnormal records
  • 2024-05-22 BaFin issues a warning against BarclaysAG

    On May 23, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website barclaysag.com, stating that the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_05_23_BarclaysAG_en.html

    On May 23, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website barclaysag.com, stating that the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_05_23_BarclaysAG_en.html
  • 2024-05-27 BrokersView has reviewed that BarclaysAG is an unregulated broker

    The domain name for BarclaysAG was recently registered in April 2024, a fact that contradicts its alleged global image.

    This broker fails to provide licensing information to validate its legitimacy, which is a scam indicator. While it provides a purported company number from the Companies House (CH) to prove its authenticity, there is a possibility that the operator is misusing the official records from the CH to gain public trust. However, mere registration, even if true, cannot be deemed as authorization for operations. It is obliged to acquire authorization from the Financial Conduct Authority (FCA). Yet, there are no corresponding records from the FCA suggesting that BarclaysAG is legitimate.

    Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning about the services offered on the website barclaysag.com. It states that the operator is providing financial and investment services on this website without the required authorization. The authority also highlighted the fact that the website of BarclaysAG is identical to those of platforms that they have flagged as dubious.

    In essence, BarclaysAG 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.

    BarclaysAG appears to be a scam.

    The domain name for BarclaysAG was recently registered in April 2024, a fact that contradicts its alleged global image.This broker fails to provide licensing information to validate its legitimacy, which is a scam indicator. While it provides a purported company number from the Companies House (CH) to prove its authenticity, there is a possibility that the operator is misusing the official records from the CH to gain public trust. However, mere registration, even if true, cannot be deemed as authorization for operations. It is obliged to acquire authorization from the Financial Conduct Authority (FCA). Yet, there are no corresponding records from the FCA suggesting that BarclaysAG is legitimate.Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning about the services offered on the website barclaysag.com. It states that the operator is providing financial and investment services on this website without the required authorization. The authority also highlighted the fact that the website of BarclaysAG is identical to those of platforms that they have flagged as dubious.In essence, BarclaysAG 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.BarclaysAG appears to be a scam.

Related Complaints

Q&A

Do you recommend BarclaysAG?

Andreas Kisaan
Austria
2024-05-28
ANSWER We strongly advise against using BarclaysAG, an unlicensed broker.The registration details provided by BarclaysAG with the Companies House (CH) are insufficient to establish its legitimacy in the forex market. Furthermore, there is no compelling evidence to suggest that it is the rightful owner of this registration. Despite its claims of being based in the UK, there are no signs that it is registered with the Financial Conduct Authority (FCA).Adding to the concerns, the Federal Financial Supervisory Authority (BaFin) has issued a warning about BarclaysAG. The warning states that the operator is offering financial and investment services on its website without the necessary authorization. BaFin also points out that BarclaysAG's website is identical to a number of suspicious financial websites.Given these circumstances, BarclaysAG poses significant risks of fraud and identity theft. To safeguard their funds from fraudulent schemes, investors are advised to avoid unlicensed brokers like BarclaysAG and opt for fully regulated ones instead.
See more

BarclaysAG, trusted site or scam.

Anubavsheik
Switzerland
2024-06-12
ANSWER BarclaysAG is not trustworthy.The brand's recent domain registration in April 2024 contradicts its global claims. It lacks licensing information, which is a potential scam sign. It provides a Companies House (CH) number for authenticity, but it is critical to note that this registration doesn't equate to authorization from the Financial Conduct Authority (FCA). There are no records from the FCA to substantiate the entity's legitimacy in the financial industry.In addition, the Federal Financial Supervisory Authority (BaFin) has issued a warning about unauthorized services on barclaysag.com, particulary noting its similarity to dubious platforms.All these signs lead to the conclusion that BarclaysAG is not regulated and thus poses substantial risks. For a safer trading environment, it is highly recommended to choose fully regulated brokers over unregulated ones like BarclaysAG.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

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:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.