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RetroFxProfit

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Operating status: SCAM

Website: https://www.retrofxprofit.com/

Broker violations and abnormal records
  • 2022-10-31 The UK FCA Added RetroFxProfit into Its Warnings

    On 1 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that RetroFxProfit was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/retrofxprofit


    On 1 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that RetroFxProfit was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/retrofxprofit
  • 2022-11-03 BrokersView has Reviewed that RetroFxProfit is an Unregulate Forex Broker

    RetroFxProfit claims to be based in New York and regulated by U.S. Commodity Futures Trading Commission (CFTC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission of Belize (Belize FSC or IFSC). 

    We searched National Futures Association (NFA) of the United States but found no matching results. And there was no financial reports of this company in CFTC. All in all, this broker is not regulated in the USA. 

    Moreover, we also searched CySEC and Belize FSC and did not find any results that matched this broker. That means the broker is not authorized by CySEC or Belize FSC to provide financial services. 

    According to its website, the broker also has office in the UK. However, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that RetroFxProfit was providing financial services or products in the UK without authorisation.

    The truth is that RetroFxProfit 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.

    RetroFxProfit claims to be based in New York and regulated by U.S. Commodity Futures Trading Commission (CFTC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission of Belize (Belize FSC or IFSC). We searched National Futures Association (NFA) of the United States but found no matching results. And there was no financial reports of this company in CFTC. All in all, this broker is not regulated in the USA. Moreover, we also searched CySEC and Belize FSC and did not find any results that matched this broker. That means the broker is not authorized by CySEC or Belize FSC to provide financial services. According to its website, the broker also has office in the UK. However, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that RetroFxProfit was providing financial services or products in the UK without authorisation.The truth is that RetroFxProfit 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.
  • 2022-11-17 BrokersView has found that RetroFxProfit's domain is not working

    On 18 Nov 2022, BrokersView found that the domain of RetroFxProfit (https://www.retrofxprofit.com/) was invalid. 

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

    On 18 Nov 2022, BrokersView found that the domain of RetroFxProfit (https://www.retrofxprofit.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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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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