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MultiFxProTraders

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Operating status: SCAM

Website: https://www.multifxprotraders.com/

Broker violations and abnormal records
  • 2022-11-20 The UK FCA Added MultiFxProTraders into Its Warnings

    On 21 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MultiFxProTraders was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/multifxprotraders

    On 21 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MultiFxProTraders was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/multifxprotraders
  • 2022-11-21 BrokersView has Reviewed that MultiFxProTraders is an Unregulated Forex Broker

    MultiFxProTraders claims to be registered in the UK, registration number 12414435. However, we did not find any results that matched "MultiFxProTraders" in Companies House of United Kingdom (CH). And the mentioned registration number was bounded with a company named DIRECT BUILDING SYSTEMS LTD. 

    Besides, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.

    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 regulator warned that the broker was providing financial services or products in the UK without authorisation.

    The truth is that MultiFxProTraders 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.

    MultiFxProTraders claims to be registered in the UK, registration number 12414435. However, we did not find any results that matched "MultiFxProTraders" in Companies House of United Kingdom (CH). And the mentioned registration number was bounded with a company named DIRECT BUILDING SYSTEMS LTD. Besides, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.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 regulator warned that the broker was providing financial services or products in the UK without authorisation.The truth is that MultiFxProTraders 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.
  • 2022-12-07 BrokersView has found that MultiFxProTraders's domain is not working

    On 8 Dec 2022, BrokersView found that the domain of MultiFxProTraders (https://www.multifxprotraders.com/) was invalid. 

    The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.


    On 8 Dec 2022, BrokersView found that the domain of MultiFxProTraders (https://www.multifxprotraders.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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