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Forex Trading Digital Pay

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Operating status: SCAM

Website: https://www.fxtradingdigitalpay.com/

Broker violations and abnormal records
  • 2023-08-15 The UK FCA issued a warning on Forex Trading Digital Pay

    On August 16, 2023, the Financial Conduct Authority (FCA) issued a warning against Forex Trading Digital Pay, this firm may be providing financial services or products without authorisation. https://www.fca.org.uk/news/warnings/forex-trading-digital-pay

    On August 16, 2023, the Financial Conduct Authority (FCA) issued a warning against Forex Trading Digital Pay, this firm may be providing financial services or products without authorisation. https://www.fca.org.uk/news/warnings/forex-trading-digital-pay
  • 2023-08-17 BrokersView has reviewed that Forex Trading Digital Pay is an unregulated broker

    Information about the regulatory status of Forex Trading Digital Pay is not reliable as the Financial Conduct Authority (FCA) has indicated that it provides financial services or products without authorization.

    In essence, Forex Trading Digital Pay 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.

    Information about the regulatory status of Forex Trading Digital Pay is not reliable as the Financial Conduct Authority (FCA) has indicated that it provides financial services or products without authorization.In essence, Forex Trading Digital Pay 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.
  • 2023-09-11 BrokersView has discovered that Forex Trading Digital Pay's website is unavailable

    The website of Forex Trading Digital Pay (https://www.fxtradingdigitalpay.com/) is currently unavailable, suggesting significant issues with the broker's resource and reliablity. Please beware of the risks involved and stay away from it. 

    The website of Forex Trading Digital Pay (https://www.fxtradingdigitalpay.com/) is currently unavailable, suggesting significant issues with the broker's resource and reliablity. Please beware of the risks involved and stay away from it.

Related Complaints

Q&A

Is Forex Trading Digital Pay a SCAM????

Dmitry Choi
Canada
2023-09-14
ANSWER Yes, Forex Trading Digital Pay is a scam.The website of Forex Trading Digital Pay is currently unavailable, which is a red flag. A well-functioning website is essential for a broker, as it serves as a platform displaying important information, listing products, and facilitating trading. It is probably that Forex Trading Digital Pay, like other scam brokers, disabled its website to cut connection with its clients so as to abscond with victims' funds and avoid regulatory sanctions.The Financial Conduct Authority (FCA) has issued a warning against Forex Trading Digital Pay, saying it is an unauthorized firm and cautioning the public of this illegal entity.Therefore, BrokersView has concluded that Forex Trading Digital Pay is a scam. Without regulatory oversight, its clients may not be able to recover their funds or get compensation from any offcial body if things go wrong. To safeguard traders' interests, we always recommend choosing 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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