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FINANCECHAINGLOB

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Operating status: SCAM

Website: https://financechainglob.net/

Broker violations and abnormal records
  • 2023-08-08 The UK FCA issues a warning against FINANCECHAINGLOB

    On August 9, 2023, the Financial Conduct Authority (FCA) issued a warning against FINANCECHAINGLOB, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/financechainglob-0

    On August 9, 2023, the Financial Conduct Authority (FCA) issued a warning against FINANCECHAINGLOB, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/financechainglob-0
  • 2023-08-10 BrokersView has reviewed that FINANCECHAINGLOB is an unregulated broker

    While FINANCECHAINGLOB displays a certificate from the Companies House (CH) to appear legitimate, it is still an illegal company. Firstly, the CH certificate is fake, as there isn't a Financechainglob LTD in the registry. Secondly, its offering of financial services/products is illegal, as the Financial Conduct Authority (FCA) has issued a warning against FINANCECHAINGLOB, saying it is not authorized.

    In essence, FINANCECHAINGLOB is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    While FINANCECHAINGLOB displays a certificate from the Companies House (CH) to appear legitimate, it is still an illegal company. Firstly, the CH certificate is fake, as there isn't a Financechainglob LTD in the registry. Secondly, its offering of financial services/products is illegal, as the Financial Conduct Authority (FCA) has issued a warning against FINANCECHAINGLOB, saying it is not authorized.In essence, FINANCECHAINGLOB is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

FINANCECHAINGLOB has licenses or not?

Xenios Nieto Redondo
Myanmar
2023-09-06
ANSWER FINANCECHAINGLOB doesn't have any license to serve as a platform for forex and derivatives trading.In an attempt to appear legitimate, FINANCECHAINGLOB displays a certificate from the Companies House (CH) on its website. However, the CH certificate is fake, as there isn't a Financechainglob LTD in the registrar's database. Furthermore, shell incorporation in any jurisdiction is meaningless.What's more, a warning issued by the Financial Conduct Authority (FCA) has further confirmed the illegitimacy of FINANCECHAINGLOB. According to the FCA, the platform is an unauthorized firm illegally targeting British residents. You can refer here for the full warning.As such, we strongly suggest investors stay away from unlicensed broker FINANCECHAINGLOB. Without regulatory oversight, there are no protections for traders dealing with the platform. Clients are exposed to significant risks such as financial losses and identity theft, which could be financially and personally devastating. To mitigate such risks, it is advisable to choose a fully regulated broker.
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