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I've just started to trade with MISSION FX CLUB but I just heard MISSION FX CLUB had got a warning. Is that true????
Christos Georgiou
Singapore
2023-11-01
ANSWER Yes, MISSION FX CLUB has received a warning from the Financial Conduct Authority (FCA), the UK's financial regulatory body, for carrying on unauthorized business in this country.MISSION FX CLUB claims to have been in business since 1986, but its domain, missionfxclub.com, was first registered in August 2023. Therefore, this website is technically nearly 3-month-old. The gulf between this age and its claim strongly indicates that MISSION FX CLUB is untrustworthy.While it has an address in Indonesia, our search for this company in the register of the Commodity Futures Trading Regulatory Agency (BAPPEBTI) didn't yield any results. It means the platform is not registered in this jurisdiction.Furthermore, it even illegally solicits British investors, having drawn a warning from the FCA as a result.As such, we strongly suggest investors stay away from MISSION FX CLUB. Letting it control your funds is very dangerous. This platform falls outside the regulatory framework, and its clients are not protected by rules. To minimize the risks of fraud and identity theft, it is advisable to choose fully regulated brokers.
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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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