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Mastertradeplusfx

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Operating status: SCAM

Website: https://mastertradeplusfx.com/

Broker violations and abnormal records
  • 2022-11-01 The UK FCA Added Mastertradeplusfx into Its Warnings

    On 2 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Mastertradeplusfx was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/mastertradeplusfx-inc


    On 2 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Mastertradeplusfx was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/mastertradeplusfx-inc
  • 2022-11-03 BrokersView has Reviewed that Mastertradeplusfx is an Unregulated Forex Broker

    Mastertradeplusfx claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.

    The truth is that Mastertradeplusfx 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. 

    Mastertradeplusfx claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.The truth is that Mastertradeplusfx 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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