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DUTTFX

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DUTTFX Exposed: Fake ASIC & FCA Claims

Operating status: SCAM

Website: https://www.duttfxmarkets.net/

Broker violations and abnormal records
  • 2022-05-25 BrokersView has reviewed that DuxMarket is an unregulated forex broker

    DuxMarket, owned and operated by Dutt FX Markets Ltd, claims to be an ASIC and FCA-regulated broker. However, we didn't find any result matching this broker from the registry of ASIC and FCA. So DuxMarket is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    DuxMarket, owned and operated by Dutt FX Markets Ltd, claims to be an ASIC and FCA-regulated broker. However, we didn't find any result matching this broker from the registry of ASIC and FCA. So DuxMarket is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A Complaints

Is DUTTFX Legit?

ed annan
Malaysia
2024-12-10
ANSWER Dear Investor, We understand the distress and frustration this issue has caused you. We regret to inform you that we have long marked DUTTFX as a suspicious broker. It previously falsely claimed to be regulated by the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), but now it alleges to be licensed by the Mwali International Services Authority (MISA). However, it is critical to note that the Central Bank of Comoros, which solely oversees the island's financial matters, has announced that MISA is a fabricated entity devoid of any regulatory authority. This renders DUTTFX still unlicensed. Another compelling piece of evidence of the platform's fraudulent nature is the constant complaints from DUTTFX's clients. We urge you to discontinue any engagement with DUTTFX to prevent further potential losses. Report it to your local authorities. If you need our assistance, you are encouraged to file a complaint on our platform. We are always here and ready to help you.
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43 comments

darren
My unfortunate investment in this website resulted in a thirty-five thousand dollar loss in a single month. It was shocking how unprofessional and unhelpful they were. Overall, it was a bad experience. Thankfully, 𝙜𝙖𝙫𝙞𝙣𝙧𝙖𝙮𝟳𝟴@𝙜𝙢𝙖𝙞𝙡｡𝙘𝙤𝙢* was able to assist me in getting my money back.
15 hours ago
Reply
rizwan aslam
There are scammers i also gonna make a legal action against them, pls dont invest with them
2024-12-14
1
Reply
rizwan aslam
These are scammers , they always ask you to uoad more money if u going in profit make u in loss , put your acc in danger and ask you about upload more money
2024-12-14
Reply
Jagat singh
I know this guys locations and i have there mobile numbers so if you guys need the information let me know
2024-12-13
2
Reply
Jackson Das
I have also been cheated by Duttfx, the guy named Abhimanyu dealt with me and locked my money AED 48000, please help me with their office address
2024-12-10
Reply
Pradeep
this same guy cheated me too
2024-12-11
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint
2024-12-11
Reply
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Dhanush vishnu
Sales team also not taking phone , They blocked me ... I am getting affraid .... They took my money and ran awayAny body know their address of office pls tell me in my id dhanushkb94@gmail.com., kindly pls help ,
2024-11-16
Reply
Ali Abbas
Hi, GuysI have been cheated by dutt fx as well, let's collaborate and complaint about them to authorities.
2024-11-07
Reply
jenica sirwani
They are a scam I never got my withdrawal. Anyone with any suggestions?
2024-11-01
Reply
Vincy Joseph
guys, please dont trust these two platforms, kanak capitals markets and duttfx they are real time scammers, they just loot your funds
2024-10-23
Reply
Jinn
They have multiple platforms The core market, fiscal, Duttfx and some others also
2024-10-04
4
Reply

1-10 of 24 comments

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