The Official Website Of Tedex Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-23 The Austrian FMA Has Placed Tedex On The Warning List
On July 23, 2022, The Austrian Financial Marekt Authority (FMA) Issued A Warning That Tedex Is Not Authorized To Carry Out Bank Transactions In Austria That Require A Business License. Therefore, The Dealer Is Not Allowed To Carry Out Commercial Transactions With His Own Account Or On Behalf Of Others. You Can Visit The Following Website For Details: Https://www.fma.gv.at/en/tedex-vermillion-consulting-llc/
2022-07-27 We Have Confirmed Upon Review That Tedex Is An Unregulated Forex Dealer
Tedex Claims To Be Operated By Vermillion Consulting LLC And Is A Reliable Broker Registered With The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA) With Company Registration Number 1341 LLC 2021. We Searched For This Number In The Registration Query Of SVG FSA And Did Not Find A Match. However We Can Find A Match With Vermillion Consulting LLC By Searching The Company Name. However, Please Note That The SVG FSA Does Not Regulate Forex Activities Nor Issue A License To Operate Forex. Having A Registration Does Not Imply Having An Authorization To Provide Forex Services.
Furthermore, The Austrian Financial Marekt Authority (FMA) Has Issued A Warning That Tedex Is Not Authorized To Carry Out Banking Transactions In Austria That Require A License To Operate. Therefore, The Dealer May Not Conduct Commercial Transactions With His Own Account Or On Behalf Of Others.
In Fact, Tedex Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Dealer Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Tedex Does Not Currently Have Any Valid Licenses.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Tedex 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 You Invest In An Unregulated Broker, They Are Likely To 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 Brokers As Much As Possible When Choosing A Broker.
