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FOREX LTD

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Operating status: SCAM

Website: https://www.timesoptions.com/

Broker violations and abnormal records
  • 2024-01-10 BrokersView has Reviewed that FOREX LTD is an Unregulated Broker

    FOREX LTD claims to be regulated by the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and registered in Financial Services Authority (FSA) of Saint Vincent and the Grenadines.

    But we found no matching results on these institutions.

    The truth is that FOREX LTD is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.

    FOREX LTD is a scam.

    FOREX LTD claims to be regulated by the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and registered in Financial Services Authority (FSA) of Saint Vincent and the Grenadines.But we found no matching results on these institutions.The truth is that FOREX LTD is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.FOREX LTD is a scam.

Related Complaints

Q&A

Should I trade with FOREX LTD?

Augustus
Croatia
2024-01-21
ANSWER No, we strongly suggest you avoid FOREX LTD, a forex broker that is not licensed.Although the broker claims to be regulated by several major financial regulators, it fails to provide specific details about its licenses. This lack of transparency is often a red flag for potential scams. Furthermore, none of the regulators mentioned by the broker have any record of FOREX LTD under their regulation.Given its unlicensed status, FOREX LTD are not worth trust. Trading with it may result in fraud and identity theft. To safeguard their interests, investors are advised to steer clear of unlicensed brokers like FOREX LTD and instead choose fully regulated ones.
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