- Brokers
- Scam
- BV Assessment NEW
- Rankings
- Regulators
- News
- Claims
- Expo HOT
- Event
- Awards
Search
Download
English
SPACEFXTRADES
On July 17, 2024, the Financial Conduct Authority (FCA) issued a warning against SPACEFXTRADES, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/spacefxtrades-spacefxtradescom
On July 17, 2024, the Financial Conduct Authority (FCA) issued a warning against SPACEFXTRADES, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/spacefxtrades-spacefxtradescomSPACEFXTRADES uses a website template to make it online presence appear professional, which provides pre-written content and graphics for a quick setup. However, the broker doesn't provide any convincing licensing data or accreditation to substantiate its legitimacy. This is a big warning sign. Despite claiming to have offices in both the UK and the US, it is absent from the registers of relevant financial regulators, Financial Conduct Authority (FCA) and the National Futures Association (NFA). More critically, the FCA has flagged SPACEFXTRADES and advised investors to stay away from the scam.
In essence, SPACEFXTRADES 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.
SPACEFXTRADES appears to be a scam.
SPACEFXTRADES uses a website template to make it online presence appear professional, which provides pre-written content and graphics for a quick setup. However, the broker doesn't provide any convincing licensing data or accreditation to substantiate its legitimacy. This is a big warning sign. Despite claiming to have offices in both the UK and the US, it is absent from the registers of relevant financial regulators, Financial Conduct Authority (FCA) and the National Futures Association (NFA). More critically, the FCA has flagged SPACEFXTRADES and advised investors to stay away from the scam.In essence, SPACEFXTRADES 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.SPACEFXTRADES appears to be a scam.
©2018-2024 BrokersView EU Limited. All Rights Reserved.
Risk Warning:
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.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.