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EXCEL FX MARKETS (aka XCEL FX MARKETS)

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Operating status: SCAM

Website: https://excelfxmarket.com/

Broker violations and abnormal records
  • 2024-07-22 The FCA issues a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS)

    On July 23, 2024, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/excel-fx-markets-xcel-fx-markets

    On July 23, 2024, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/excel-fx-markets-xcel-fx-markets
  • 2024-07-24 BrokersView has reviewed that EXCEL FX MARKETS (aka XCEL FX MARKETS) is an unregulated broker

    According to its website, it claims to be regulated by the Financial Services Commission (FSC). Upon investigation, no matching information was found in the Belize FSC.

    Additionally, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, EXCEL FX MARKETS (aka XCEL FX MARKETS) 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.

    EXCEL FX MARKETS (aka XCEL FX MARKETS) appears to be a scam.

    According to its website, it claims to be regulated by the Financial Services Commission (FSC). Upon investigation, no matching information was found in the Belize FSC.Additionally, the Financial Conduct Authority (FCA) issued a warning against EXCEL FX MARKETS (aka XCEL FX MARKETS), believing this company might be providing financial services or products without proper authorization in the UK.In essence, EXCEL FX MARKETS (aka XCEL FX MARKETS) 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.EXCEL FX MARKETS (aka XCEL FX MARKETS) appears to be a scam.
  • 2024-08-29 The UK FCA issued a Warning against https://xcelfx.live

    On 30 August 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against https://xcelfx.live, believing this company might be providing financial services or products without authorisation in the UK.

    On 30 August 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against https://xcelfx.live, believing this company might be providing financial services or products without authorisation in the UK.

1 comments

Dominic Jey
I’ve lost about $121,000 to a Greenfield Crypto Capital website and two fake ICOs as well but I am sharing my experience here so as to enlighten and educate everyone that is losing money or has lost money to a scam binary options, dating scams and fake ICOs. However, I have been able to recover all the money I lost to the scammers with the help of a recovery professional and I am pleased to inform you that it's possible to recover lost money from scammers. If you’re a victim of stolen bitcoins or any other cryptocurrency, and you are trying to find ways to get your coins back or your lost funds, feel free to contact Mr. Gorge on His gmail (georgeolsson38 @gmail.com) and he will guide you on how you can recover your lost funds from scammers
2024-09-06
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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.