The Official Website Of FcxTrade Cannot Be Accessed Normally At This Time. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-02-28 We Have Confirmed After Review That FcxTrade Is An Unregulated Foreign Exchange Dealer
FcxTrade Claims To Be An Authorised Company Operating In The UK. However, We Have Not Found Any Regulatory Information On This Broker From The UK Financial Conduct Authority (FCA). This Means That FcxTrade Is Illegally Providing Its Services In The UK.
In Addition, FcxTrade States That It Is Regulated By The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA) And The Russian IFMRRC. However, Neither The SVG FSA Nor The IFMRRC Regulates, Regulates Or Licenses International Companies That Engage In Such Activities. So FcxTrade Is Not Actually Regulated By Any Financial Regulator. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. Therefore, This Is A Completely Fake Trader.
2022-07-08 We Found That The FcxTrade Webpage Has Expired
On July 8, 2022, We Found That Https://fcxtrade.com/index.html This Domain Name Has Expired, And It Is Very Likely That The Domain Name Has Been Suspended, Which Is A Bad Sign.
Due To The Inability To Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Supervision, It Has Been Verified That FcxTrade Has Not Obtained Any Valid Licenses At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: FcxTrade As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies 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.
