It Has Been Verified That Upfront Fx Trade Operates Through The Website Https://www.upfrontfxtrade.com/and Is An Unregulated Broker.
The Company's Website Is Currently Defunct, Inaccessible, Appears To Have Closed Down, And Detailed Information About The Company Is Not Immediately Available. Traders Must Be Vigilant In Case They Are Deceived And Their Funds Are Damaged.
As For Regulation, It Has Been Verified That Upfront Fx Trade Does Not Currently Have Any Valid Licenses.
And According To The Inquiry, On 19 December 2023, The UK Financial Conduct Authority (UK FCA) Issued A Warning That Upfront Fx Trade Was Not Authorised To Provide Financial Services Or Products In The UK.
They Are Highly Likely To Be A Fake Trader And Investors Are Advised To Proceed With Caution.
And Most Non-compliant Brokers Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Upfront Fx Trade As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Lack Of Regulation Increases The Risk Of Potential Financial Losses Due To The Lack Of A Regulator To Hold Companies Accountable.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
