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Fxalchemy LTD
On March 4, 2024, the Financial Conduct Authority (FCA) issued a warning against Fxalchemy LTD, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxalchemy-ltd
On March 4, 2024, the Financial Conduct Authority (FCA) issued a warning against Fxalchemy LTD, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxalchemy-ltdAccording to its website, it claims to be subject to multiple regulations, but does not display any valid regulatory information on its webpage.
In addition, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against Fxalchemy LTD, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, Fxalchemy LTD is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Fxalchemy LTD appears to be a scam.
According to its website, it claims to be subject to multiple regulations, but does not display any valid regulatory information on its webpage. In addition, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against Fxalchemy LTD, believing this company might be providing financial services or products without proper authorization in the UK.In essence, Fxalchemy LTD is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Fxalchemy LTD appears to be a scam.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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