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FX Cartage

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Operating status: SCAM

Website: https://fxcartage.com/

Broker violations and abnormal records
  • 2024-08-29 BrokersView has reviewed that Fx Cartage is an unregulated broker

    According to its website, it is located in the UAE and Saint Lucia. It is worth noting that Saint Lucia does not have the authority to regulate foreign exchange. In addition, upon investigation, no matching information was found in the Securities and Commodities Authority (SCA), DuBai Financial Services Authority (DFSA) and Central Bank of U.A.E. (CBUAE).

    In essence, Fx Cartage 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.

    Fx Cartage appears to be a scam.

    According to its website, it is located in the UAE and Saint Lucia. It is worth noting that Saint Lucia does not have the authority to regulate foreign exchange. In addition, upon investigation, no matching information was found in the Securities and Commodities Authority (SCA), DuBai Financial Services Authority (DFSA) and Central Bank of U.A.E. (CBUAE).In essence, Fx Cartage 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.Fx Cartage appears to be a scam.

Related Complaints

Q&A

I have been victimized by FX Cartage

Bryan Tam
United States of America
2024-09-11
ANSWER Dear Investor,We understand the distress and frustration this matter has caused you. First and foremost, stop sending any money to FX Cartage, no matter what they promise. FX Cartage is a scam, and their only intention is to swindle more money out of you. Gather all the evidence you can and report it to your local authorities.We also encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.Lastly, be aware of the Recovery Room Scam, where unsolicited messages claim they can help you reclaim your funds. In reality, they don't have the ability to do so and are attempting to exploit your desire for refunds to rob you again.
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Is FX Cartage the site real?

Chhaiya
Indonesia
2024-09-02
ANSWER Dear Investor,We are concerned that FX Cartage may be a scam.Offshore registration: The alleged registration in St. Lucia does not constitute an endorsement or license from financial regulators. Additionally, this jurisdiction does not license forex trading activities.Dubai claims: While FX Cartage claims to be located in Dubai, there are no records from relevant financial authorities to suggest it is legally authorized.Therefore, we strongly advise against using FX Cartage due to its unregulated status. For a safer trading environment, we recommend choosing fully regulated brokers.
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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:

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