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PRECISIONFX

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Operating status: SCAM

Website: https://precisionfx.org/

Broker violations and abnormal records
  • 2025-03-27 The FCA issues a warning against PRECISIONFX

    On March 28, 2025, the Financial Conduct Authority (FCA) issued a warning against PRECISIONFX for the lack of the required authorization. https://www.fca.org.uk/news/warnings/precisionfx

    On March 28, 2025, the Financial Conduct Authority (FCA) issued a warning against PRECISIONFX for the lack of the required authorization. https://www.fca.org.uk/news/warnings/precisionfx
  • 2025-03-30 BrokersView has reviewed that PRECISIONFX is an unregulated broker

    PRECISIONFX only uses a certificate allegedly from the Companies House (CH) to appear legitimate. However, the company number it claims to have is linked to a different entity, which has been dissolved. This means PRECISIONFX's assertion of being registered with the CH is even fake. The Financial Conduct Authority (FCA) has issued a warning about PRECISIONFX, noting that this entity is providing financial services in the UK without the required authorization.

    In essence, PRECISIONFX 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.  PRECISIONFX appears to be a scam. 

    PRECISIONFX only uses a certificate allegedly from the Companies House (CH) to appear legitimate. However, the company number it claims to have is linked to a different entity, which has been dissolved. This means PRECISIONFX's assertion of being registered with the CH is even fake. The Financial Conduct Authority (FCA) has issued a warning about PRECISIONFX, noting that this entity is providing financial services in the UK without the required authorization. In essence, PRECISIONFX 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. PRECISIONFX appears to be a scam.

Related Complaints

Q&A

Is this a legit firm?PRECISIONFX

Gupta dilip
Cyprus
2025-03-31
ANSWER Dear Investor, Thank you for your message. We suspect that PRECISIONFX is a potential scam for the following reasons: The claimed certificate from the Companies House (CH) is proven fake. The website uses the promise of unrealistic high profits to lure unsuspecting investors, which is a typical scam scheme. The Financial Conduct Authority (FCA) has issued a warning about PRECISIONFX, advising investors to stay away from the unauthorized financial firm. We strongly advise against using PRECISIONFX due to the associated substantial risks. It is critical to do thorough research on your target brokers instead of accepting what they claim at face value.
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