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FMD Expert Trade
On July 18, 2024, the Financial Conduct Authority (FCA) issued a warning against FMD Expert Trade, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fmd-expert-trade-fmdexperttrade-fmdexperttradecom
On July 18, 2024, the Financial Conduct Authority (FCA) issued a warning against FMD Expert Trade, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fmd-expert-trade-fmdexperttrade-fmdexperttradecomThe FMD Expert Trade website mirrors the content and graphics of brokers previously flagged as fraudulent by BrokersView, which is a significant red flag. These sites often begin with phrases like "Let top traders do the job for you…" and promise unrealistically high profits while minimizing the associated risks. They claim to be globally licensed without any valid foundation or justification. The UK's Financial Conduct Authority (FCA) has issued a warning against this purported British entity for lacking the necessary authorization.
It's important to note that the two addresses FMD Expert Trade claims to have are linked to multiple fraudulent trading platforms, as revealed by an internet search.
In essence, FMD Expert Trade 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.
FMD Expert Trade appears to be a scam.
The FMD Expert Trade website mirrors the content and graphics of brokers previously flagged as fraudulent by BrokersView, which is a significant red flag. These sites often begin with phrases like "Let top traders do the job for you…" and promise unrealistically high profits while minimizing the associated risks. They claim to be globally licensed without any valid foundation or justification. The UK's Financial Conduct Authority (FCA) has issued a warning against this purported British entity for lacking the necessary authorization.It's important to note that the two addresses FMD Expert Trade claims to have are linked to multiple fraudulent trading platforms, as revealed by an internet search.In essence, FMD Expert Trade 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.FMD Expert Trade appears to be a scam.
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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.