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tresorfx

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Could you please review this broker? I just wondered if it is legit.
Mohamed Gad
Comoros
2023-08-10
ANSWER Upon our thorough investigation, TRESORFX is an illegal broker.Firstly, TRESORFX fails to disclose essential information including its company name, phone number, and address, raising doubts about its legitimacy and authenticity. This is a red flag. Secondly, this broker claims to be multi-regulated and gives a long list of financial regulators such as the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Authority (Autorité des Marchés Financiers, AMF). However, we searched for this company in the above-mentioned watchdogs' registries but found no matching records. In fact, a legitimate broker has to put in a lot of energy and time applying for a license from a recognized regulatory body. It is nearly impossible to be granted by so many regulators within a short time. Investors must stay vigilant to such claims and verify the broker.In addition, the FCA has issued a warning against TRESORFX for illegally operating without proper authorization.In essence, TRESORFX is an unlicensed broker. It comes with significant risks such as fraud and identity theft, as there are no rules in place to safeguard investors. Therefore, we strongly suggest investors stay away from unlicensed brokers like TRESORFX and instead choose a fully regulated one.
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