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Fintex Pro

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Operating status: SCAM

Website: https://fintexpro.co/

Broker violations and abnormal records
  • 2024-04-10 The German BaFin issues a warning against Fintex Pro

    On April 11, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website fintexpro.co, suspecting the operator of providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_04_11_fintexpro_en.html

    On April 11, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website fintexpro.co, suspecting the operator of providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_04_11_fintexpro_en.html
  • 2024-04-11 BrokersView has reviewed that Fintex Pro is an unregulated broker

    Fintex Pro fails to provide any details regarding its licensing data, implying the absence of regulatory oversight. This is a red flag.

    While it claims to be domiciled in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA).

    What's more, the Federal Financial Supervisory Authority (BaFin) has warne consumers about the services offered on the website fintexpro.co, suspecting the operator of providing financial and investment services on this website without the required authorization.

    In essence, Fintex Pro 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.

    Fintex Pro appears to be a scam.

    Fintex Pro fails to provide any details regarding its licensing data, implying the absence of regulatory oversight. This is a red flag.While it claims to be domiciled in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA).What's more, the Federal Financial Supervisory Authority (BaFin) has warne consumers about the services offered on the website fintexpro.co, suspecting the operator of providing financial and investment services on this website without the required authorization.In essence, Fintex Pro 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.Fintex Pro appears to be a scam.

Related Complaints

Q&A

Are managers of Fintex Pro professional?

Fini Konstantinidis
Cambodia
2024-04-16
ANSWER We strongly advise against using Fintex Pro, an unlicensed forex broker.Despite claiming to have a UK office, there's no evidence to suggest that it's registered with the Financial Conduct Authority (FCA). Moreover, its unauthorized provision of financial services has triggered an investigation by the Federal Financial Supervisory Authority (BaFin). According to BaFin's warning, Fintex Pro is not an authorized broker, and its offerings pose significant risks.In light of these circumstances, we strongly discourage investors from trading with Fintex Pro. Doing so could lead to potential financial losses due to fraud and identity theft. For a safer trading environment, we recommend opting for fully regulated brokers instead.
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Is Fintex Pro regulated?

Texss
Russia
2024-06-28
ANSWER No, Fintex Pro is not regulated.Fintex Pro does not disclose any licensing information, suggesting it may be operating without the necessary regulatory supervision, which is concerning.Despite its assertion of being based in the UK, there is no evidence of its registration with the Financial Conduct Authority (FCA). Additionally, the Federal Financial Supervisory Authority (BaFin) has issued a warning about Fintex Pro's website, fintexpro.co, due to suspicions that the operator is offering financial and investment services without proper authorization.The signs point to Fintex Pro potentially being a fraudulent entity. For your hard-earned money's safety, we strongly advise against using Fintex Pro. For a safer trading environment, fully regulated brokers can be better options.
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