24FXODDPRO's Official Website Is Currently Inaccessible. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-02-17 UK FCA Adds 24FXODDPRO To Warning List
On February 17, 2022, The FCA Issued A Warning That FXtrade Options Provides Financial Services And Products In The UK Without Authorization. You Can Visit The Following Website For Details: Https://www.fca.org.uk /news/warnings/24fxoddpro
2022-04-12 We Have Reviewed And Confirmed That 24FXODDPRO Is An Unregulated Foreign Exchange Dealer
24FXODDPRO Claims To Belong To And Is Operated By 24FXODDPRO (CFXS) Trades Investment Firm, Which Is Regulated By The International Financial Services Commission Of Canada (IFSC). ) Authorized And Regulated, Operating Under License Number IFSC/93/395/DHI/19. Please Note, However, That The Regulatory Authority In Canada Is The Investment Industry Regulatory Organization Of Canada (IIROC) And Not The IFSC. This Means That The Trader's Alleged Regulation By The So-called IFSC Is False Propaganda Aimed At Unsuspecting Traders. Furthermore, We Did Not Find Any Results In The IIROC That Matched 24FXODDPRO.
The Trader Also Claims To Be Located In The United Kingdom. Under UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The UK Are Required To Obtain Authorization Or Business Registration From The UK's Financial Conduct Authority (FCA). However, When We Searched For 24FXODDPRO In The FCA, We Only Found That The Broker Has Been Added To The Warning List By The FCA For Providing Financial Services And Products Without Authorization. This Means That 24FXODDPRO Is Not Regulated By Any Regulatory Authority. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since We Can't Access The Broker's Website Now, We Can't Get More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That 24FXODDPRO Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: 24FXODDPRO As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
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.
