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EXTREMEFX

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Operating status: SCAM

Website: https://extremefx.live/

Broker violations and abnormal records
  • 2023-09-04 BrokersView has Reviewed that EXTREMEFX is an Unregulated Broker

    According to its website, EXTREMEFX is located in USA. However there is no matching information was found in the National Futures Association (NFA).

    The truth is that EXTREMEFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, EXTREMEFX is a scam.

    According to its website, EXTREMEFX is located in USA. However there is no matching information was found in the National Futures Association (NFA).The truth is that EXTREMEFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, EXTREMEFX is a scam.

Related Complaints

Q&A

Which e-currency does EXTREMEFX accept?

Styliana Chan
Poland
2023-10-11
ANSWER Since EXTREMEFX is an unlicensed platform, we strongly suggest you drop the plan to engage with it.EXTREMEFX claims to provide services for forex and derivatives trading and is located in the US. As such, it is required to be registered with the Commodity Futures Trading Commission (CFTC) and be a member of the National Futures Association (NFA). However, we checked the registration in the BASIC of NFA and didn't find any records matching EXTREMEFX. This means it operates without the required authorization.Dealing in forex and derivatives carries inherent risks due to its high liquidity and volatility. It should be the priority to check a broker's license before making an investment decision. EXTREMEFX is an unregulated platform and there are no rules in place to protect its clients from fraud and identity theft. If it goes out of business or disappears, customers are unable to recover their funds or get compensation. To mitigate such risks, we strongly suggest investors stay away from EXTREMEFX and choose a fully regulated broker 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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