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WealthFX

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Operating status: SCAM

Website: https://thewealthfx.com

Broker violations and abnormal records
  • 2024-08-28 BrokersView has Reviewed that WealthFX is an Unregulated Broker

    WealthFX claims to be owned and operated by Wealth Fx Liquidity Limited, is a broker regulated by the Financial Services Commission (FSC) of Mauritius, the U.S. National Futures Association (NFA) with the license number 0563334 and Comoros, offering a range of investment products to traders, including Forex, Indices, Stocks and more instruments in global markets.

    Upon investigation, WealthFX is not authorised and regulated by the FSC, NFA and the MWALI INTERNATIONAL SERVICES AUTHORITY (MISA) of Comoros.

    The truth is that WealthFX is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    WealthFX is a scam.

    WealthFX claims to be owned and operated by Wealth Fx Liquidity Limited, is a broker regulated by the Financial Services Commission (FSC) of Mauritius, the U.S. National Futures Association (NFA) with the license number 0563334 and Comoros, offering a range of investment products to traders, including Forex, Indices, Stocks and more instruments in global markets.Upon investigation, WealthFX is not authorised and regulated by the FSC, NFA and the MWALI INTERNATIONAL SERVICES AUTHORITY (MISA) of Comoros.The truth is that WealthFX is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.WealthFX is a scam.

Related Complaints

Q&A

WealthFX broker check.

Sean
Italy
2024-09-02
ANSWER Dear Investor,We are concerned that WealthFX is a scam.The broker displays registration information in the website footer to appear legitimate. However, our verification indicates that all the claims are baseless. This indicates that the broker is not only unregulated but also dishonest.Therefore, we strongly suggest you avoid using WealthFX. To have a safer trading environment, it is recommended to choose fully regulated brokers instead.
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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.

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