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Wealthyfinancetraders Limited

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Operating status: SCAM

Website: https://wealthyfinancetraders.com/

Broker violations and abnormal records
  • 2024-03-14 The FCA issues a warning against Wealthyfinancetraders Limited

    On March 15, 2024, the Financial Conduct Authority (FCA) issued a warning against Wealthyfinancetraders Limited, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/wealthyfinancetraders-limited

    On March 15, 2024, the Financial Conduct Authority (FCA) issued a warning against Wealthyfinancetraders Limited, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/wealthyfinancetraders-limited
  • 2024-03-19 BrokersView has reviewed that Wealthyfinancetraders Limited is an unregulated platform

    While this company claims to be based in the UK, the Financial Conduct Authority (FCA) has issued a warning and red-flagged it as an unauthorized firm in the country. This suggests that its provision of financial services is not legitimate.

    In addition, despite the claims of having been providing financial services for over 10 years, its domain name was recently registered in January 2024. This discrepancy undermines the company's credibility.

    In essence, Wealthyfinancetraders Limited is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Wealthyfinancetraders Limited appears to be a scam.

    While this company claims to be based in the UK, the Financial Conduct Authority (FCA) has issued a warning and red-flagged it as an unauthorized firm in the country. This suggests that its provision of financial services is not legitimate.In addition, despite the claims of having been providing financial services for over 10 years, its domain name was recently registered in January 2024. This discrepancy undermines the company's credibility.In essence, Wealthyfinancetraders Limited is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Wealthyfinancetraders Limited appears to be a scam.

Related Complaints

Q&A

How many instruments I can trade on Wealthyfinancetraders Limited?

Peter Weaver
Luxembourg
2024-04-18
ANSWER Wealthyfinancetraders Limited appears to be a fraudulent broker, and we strongly advise against engaging with it.The broker, whose domain name was recently registered in late January 2024, falsely asserts that it has been providing financial services for over a decade. Despite claiming to be located in the UK, it has failed to obtain authorization from the Financial Conduct Authority (FCA). As a result, the FCA has issued a warning against Wealthyfinancetraders Limited, exposing its unlicensed status and advising investors to steer clear of this scam.Therefore, Wealthyfinancetraders Limited is far from a secure option for investors. To avoid becoming a victim of potential fraud and identity theft, we highly recommend choosing fully regulated brokers instead of unregulated ones like Wealthyfinancetraders Limited.
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