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Operating status: SCAM
Website: https://metrictradingfx.com/
Metrictradingfx claims to be owned and operated by P24O Limited, a company authorized and regulated by the US Financial Services Authority with an MFSA license number: IS/560000. First, please be informed that there is no authority called Financial Services Authority in the United States. As per the United States law, US residents and citizens are only permitted to operate with forex brokers with a relevant authorization issued by the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA). But we did not find any match results to Metrictradingfx or P24O Limited in the above two authorities.
Second, MFSA is an abbreviation of the Malta Financial Services Authority. It is no doubt that we did not find any match results to P24O Limited or Metrictradingfx in MFSA's registry. That means Metrictradingfx is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
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