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FXCFDTRADERS

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Operating status: SCAM

Website: https://fxcfdtraders.co.uk/

Broker violations and abnormal records
  • 2022-11-27 The UK FCA Added FXCFDTRADERS into Its Warnings

    On 28 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FXCFDTRADERS was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/fxcfdtraders

    On 28 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FXCFDTRADERS was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/fxcfdtraders
  • 2022-11-29 BrokersView has Reviewed that FXCFDTRADERS is an Unregulated Forex Broker

    FXCFDTRADERS claims to be regulated in Australia, Japan, United Kingdom, UAE and South Africa. 

    Therefore we searched: 

     1) Australian Securities & Investment Commission (ASIC),

     2) Financial Services Agency in Japan (Japan FSA), 

     3) the Dubai Financial Services Authority (DFSA), 

     4) the Financial Services Conduct Authority (FSCA) of South Africa,

     5) the United Kingdom Financial Conduct Authority (UK FCA). 

    However, we only found that the broker is not authorized to provide financial services by ASIC, Japan FSA, DFSA, FSCA, or FCA. 

    Moreover, FCA issued a warning that FXCFDTRADERS was providing financial services or products in the UK without authorisation.

    The truth is that FXCFDTRADERS is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    FXCFDTRADERS claims to be regulated in Australia, Japan, United Kingdom, UAE and South Africa. Therefore we searched: 1) Australian Securities & Investment Commission (ASIC), 2) Financial Services Agency in Japan (Japan FSA), 3) the Dubai Financial Services Authority (DFSA), 4) the Financial Services Conduct Authority (FSCA) of South Africa, 5) the United Kingdom Financial Conduct Authority (UK FCA). However, we only found that the broker is not authorized to provide financial services by ASIC, Japan FSA, DFSA, FSCA, or FCA. Moreover, FCA issued a warning that FXCFDTRADERS was providing financial services or products in the UK without authorisation.The truth is that FXCFDTRADERS is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is 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.

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