Unique FXMT Trades purports to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), even displaying images of relevant certificates to substantiate its claims.
However, our investigation indicates that it is not a regulated entity. The FCA has flagged Unique FXMT Trades as an unauthorized firm in the UK, contradicting its claim of being regulated by them. Furthermore, no corresponding results were found in the CySEC register or the National Futures Association (NFA) database.
Adding to the concerns, Unique FXMT Trades falsely asserts on its fabricated FCA license that it is the trading name of Forex.com, a regulated forex broker. However, there are no official documents to support this assertion.
In summary, Unique FXMT Trades is not regulated by any governing body. It is highly risky to entrust them with investors' funds due to the absence of legal protections to safeguard these funds. Therefore, Unique FXMT Trades appears to be fraudulent.
Unique FXMT Trades purports to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), even displaying images of relevant certificates to substantiate its claims.However, our investigation indicates that it is not a regulated entity. The FCA has flagged Unique FXMT Trades as an unauthorized firm in the UK, contradicting its claim of being regulated by them. Furthermore, no corresponding results were found in the CySEC register or the National Futures Association (NFA) database.Adding to the concerns, Unique FXMT Trades falsely asserts on its fabricated FCA license that it is the trading name of Forex.com, a regulated forex broker. However, there are no official documents to support this assertion.In summary, Unique FXMT Trades is not regulated by any governing body. It is highly risky to entrust them with investors' funds due to the absence of legal protections to safeguard these funds. Therefore, Unique FXMT Trades appears to be fraudulent.