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tradex4u

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ANSWER Tradex4u is not a legitimate broker.Tradex4u claims to be a UK-based brokerage firm, but it is, in fact, not authorized by the United Kingdom Financial Conduct Authority (FCA). Additionally, the Financial Services and Markets Authority (FSMA) has added Tradex4u to its warning list as one of the fraudulent platforms in Belgium.Without regulatory protections in place, investors dealing with Tradex4u run risk of losing their funds without an effective way to get their money back in the event of any issues. To reduce such risks, it is highly recommended to avoid unregulated brokers like Tradex4u and instead choose fully regulated ones.

Is Tradex4u regulated in UK?

guest4582

United Kingdom

2024-06-14

ANSWER We strongly discourage the use of Tradex4u, an unregulated broker that presents significant risks.Despite its claims of being based in the UK, the broker does not adhere to relevant financial regulations. There's no evidence of it being registered with the UK's financial regulator, the Financial Conduct Authority (FCA). Moreover, the Financial Services and Markets Authority (FSMA) in Belgium has listed Tradex4u on its warning list as a fraudulent trading platform in the Belgian market, further substantiating the broker's deceptive nature.Given these factors, Tradex4u seems to be fraudulent. Investors who engage with it face the risk of losing their funds due to the absence of regulatory protections. Hence, we strongly recommend investors to avoid unlicensed brokers like Tradex4u and opt for fully regulated ones 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.

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.