Blyx Ultra Review 2024 | Information about Blyx Ultra Forex Broker

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Blyx Ultra

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Operating status: SCAM

Website: https://blyxultra.com/

Broker violations and abnormal records

2024-11-13 BaFin issues a warning against Blyx Ultra
On November 14, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warning against Blyx Ultra for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_14_blyxultra_com_en.html

On November 14, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warning against Blyx Ultra for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_14_blyxultra_com_en.html
2024-11-19 BrokersView has reviewed that Blyx Ultra is an unregulated broker
The website of Blyx Ultra seems to be quite new, with its domain registered in August 2024. The broker claims to be regulated by European Financial Authority, a fake authority that doesn't exist. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Blyx Ultra, highlighting its unauthorized status.
In essence, Blyx Ultra 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.
Blyx Ultra appears to be a scam.

The website of Blyx Ultra seems to be quite new, with its domain registered in August 2024. The broker claims to be regulated by European Financial Authority, a fake authority that doesn't exist. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Blyx Ultra, highlighting its unauthorized status.In essence, Blyx Ultra 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.Blyx Ultra appears to be a scam.

Related Complaints

Q&A

Is Blyx Ultra a scam?

Silvio

Croatia

2024-11-20

ANSWER Dear Investor,Thank you for reaching out to us. Blyx Ultra is believed to be a scam.Blyx Ultra's website, registered in August 2024, is quite new. The broker claims regulation by the non-existent European Financial Authority. The Federal Financial Supervisory Authority (BaFin) has uncovered this and issued a warning about Blyx Ultra.Therefore, we strongly suggest you avoid using Blyx Ultra. For a safer trading environment and peace of mind, it is recommended to opt for fully regulated brokers instead.

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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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