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DFX Trading
On June 19, 2024, the Financial Conduct Authority (FCA) issued a warning against DFX Trading, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/dfx-tradingcom
On June 19, 2024, the Financial Conduct Authority (FCA) issued a warning against DFX Trading, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/dfx-tradingcomAccording to its website, it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities & Investments Commission(ASIC). However, upon investigation, we found that it had copied eToro's information to mislead traders.
It also mentions the Seychelles Financial Services Authority (FSA Seychelles) and Financial Services Regulatory Authority (FSRA), and interestingly, it copies the address of the compliant company eToro. It even puts that address at the bottom of the webpage. It is unclear whether they are too careless, haven't bothered to replace it, or deliberately left it on their page to mislead unwitting investors into believing their authenticity or suggesting an association with the genuine one. Either way, this is an apparent scam indicator.
Moreover, it also mentions being regulated by the Financial Conduct Authority FCA, but the fact is that the Financial Conduct Authority (FCA) issued a warning against DFX Trading, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, DFX Trading is a scam.
According to its website, it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities & Investments Commission(ASIC). However, upon investigation, we found that it had copied eToro's information to mislead traders.It also mentions the Seychelles Financial Services Authority (FSA Seychelles) and Financial Services Regulatory Authority (FSRA), and interestingly, it copies the address of the compliant company eToro. It even puts that address at the bottom of the webpage. It is unclear whether they are too careless, haven't bothered to replace it, or deliberately left it on their page to mislead unwitting investors into believing their authenticity or suggesting an association with the genuine one. Either way, this is an apparent scam indicator.Moreover, it also mentions being regulated by the Financial Conduct Authority FCA, but the fact is that the Financial Conduct Authority (FCA) issued a warning against DFX Trading, believing this company might be providing financial services or products without proper authorization in the UK.In essence, DFX Trading is 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:
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.