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Rextura Limited

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Operating status: SCAM

Website: https://www.rextura.com/

Broker violations and abnormal records
  • 2023-08-13 The Swiss FINMA issues a warning against Rextura Limited

    On August 14, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Rextura Limited, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/rextura-limited/

    On August 14, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Rextura Limited, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/rextura-limited/
  • 2023-08-14 BrokersView has reviewed that Rextura Limited is an unregulated broker

    While Rextura Limited claims to be located in Switzerland, it fails to obtain authorization from the Swiss Financial Markets Supervisory Authority (FINMA), as evidenced by the warning issued by the Swiss regulator.

    Furthermore, Rextura Limited provides a certificate issued by the Finnish Financial Supervisory Authority (FIN-FSA) to support its legitimacy. However, the license turns out to be a fake, as there are no matching records in the register of FIN-FSA.

    In essence, Rextura Limited is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    While Rextura Limited claims to be located in Switzerland, it fails to obtain authorization from the Swiss Financial Markets Supervisory Authority (FINMA), as evidenced by the warning issued by the Swiss regulator.Furthermore, Rextura Limited provides a certificate issued by the Finnish Financial Supervisory Authority (FIN-FSA) to support its legitimacy. However, the license turns out to be a fake, as there are no matching records in the register of FIN-FSA.In essence, Rextura Limited is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Can I use MT4 or MT5 to trade in Rextura Limited?

Riha Mishra
Nigeria
2023-09-11
ANSWER MT4&5 are not available on Rextura Limited, and more importantly, the broker is a scam.While Rextura Limited claims to be located in Switzerland, it fails to obtain authorization from the Swiss Financial Markets Supervisory Authority (FINMA). To warn the public of the risks involved, the FINMA has issued a warning against Rextura Limited.Furthermore, Rextura Limited showcases a certificate issued by the Finnish Financial Supervisory Authority (FIN-FSA) to appear legitimate. However, the license turns out to be a fake, as there are no matching records in the register of FIN-FSA.Given its fraudulent behaviors and the regulatory warning, BrokersView strongly suggests investors avoid Rextura Limited. Individuals dealing with this fraudulent platform are exposed to significant risks, such as fraud and identity theft, as there are no rules in place to protect them. If any violation occurs, traders are vulnerable and helpless. To mitigate such risks, we highly recommend choosing a fully regulated broker.
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