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ULTIMATE EARNING PLATFORM (ADVANCED FX)

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Operating status: SCAM

Website: https://www.ultimateearningplatform.com/

Broker violations and abnormal records
  • 2023-07-17 The UK FCA issued a warning against ULTIMATE EARNING PLATFORM (ADVANCED FX)

    On July 18, 2023, the Financial Conduct Authority (FCA) issued a warning against ULTIMATE EARNING PLATFORM (ADVANCED FX), believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/ultimate-earning-platform-advanced-fx

    On July 18, 2023, the Financial Conduct Authority (FCA) issued a warning against ULTIMATE EARNING PLATFORM (ADVANCED FX), believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/ultimate-earning-platform-advanced-fx
  • 2023-07-18 BrokersView has reviewed that ULTIMATE EARNING PLATFORM (ADVANCED FX) is an unregulated broker

    ULTIMATE EARNING PLATFORM (ADVANCED FX) claims to be registered in the UK with company name AAA CAPITAL. While we have been able to locate a firm called AAA CAPITAL in the Companies House (CH) register, it is crucial to note that the CH only serves as a regsitrar of companies in the UK and has no authority to issue financial licenses. Mere registration with the CH doesn't mean being authorized to legally offer financial services/products.

    Furthermore, the Financial Conduct Authority (FCA), the UK's financial watchdog, has issued a warning against ULTIMATE EARNING PLATFORM (ADVANCED FX), stating that it as an unauthorized firm.

    In essence, ULTIMATE EARNING PLATFORM (ADVANCED FX) 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.

    ULTIMATE EARNING PLATFORM (ADVANCED FX) claims to be registered in the UK with company name AAA CAPITAL. While we have been able to locate a firm called AAA CAPITAL in the Companies House (CH) register, it is crucial to note that the CH only serves as a regsitrar of companies in the UK and has no authority to issue financial licenses. Mere registration with the CH doesn't mean being authorized to legally offer financial services/products.Furthermore, the Financial Conduct Authority (FCA), the UK's financial watchdog, has issued a warning against ULTIMATE EARNING PLATFORM (ADVANCED FX), stating that it as an unauthorized firm.In essence, ULTIMATE EARNING PLATFORM (ADVANCED FX) 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

How's the legitimacy of ADVANCED FX?

Dwennonnn
Liberia
2023-09-07
ANSWER ULTIMATE EARNING PLATFORM (ADVANCED FX) is not a legitimate broker.ULTIMATE EARNING PLATFORM (ADVANCED FX) claims to be registered in the UK under company name AAA CAPITAL. While there is an AAA CAPITAL in the Companies House (CH) register, it is crucial to note that mere registration with the CH doesn't mean being authorized to legally offer financial services or products in this country.Apparently, the platform fails to obtain such authorization. The Financial Conduct Authority (FCA), the UK's financial watchdog, has issued a warning against ULTIMATE EARNING PLATFORM (ADVANCED FX) for targeting British investors without the required authorization.Therefore, we strongly suggest you avoid the unlicensed broker ULTIMATE EARNING PLATFORM (ADVANCED FX). It poses significant risks to investors. Without regulatory oversight, traders are vulnerable to fraud and identity theft. They have no recourse if any violation occurs. To safeguard investors' interests, we highly recommend choosing a fully regulated broker instead.
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