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ALLTRADERS PIPS

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Operating status: SCAM

Website: https://www.alltraderspips.com/

Broker violations and abnormal records
  • 2023-08-22 The UK FCA issues a warning against ALLTRADERS PIPS

    On August 23, 2023, the Financial Conduct Authority (FCA) issued a warning against ALLTRADERS PIPS, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/alltraders-pips

    On August 23, 2023, the Financial Conduct Authority (FCA) issued a warning against ALLTRADERS PIPS, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/alltraders-pips
  • 2023-08-24 BrokersView has reviewed that ALLTRADERS PIPS is an unregulated broker

    ALLTRADERS PIPS marks itself as a leading Forex CFD provider, but the fact is that its domain is recently registered in April, 2023. This is a red flag.

    ALLTRADERS PIPS gives two addresses, one in the UK and the other in the US. But there are no indications that it has registered with the Financial Conduct Authority (FCA) and the National Futures Association (NFA). Furthermore, the FCA has issued a warning against ALLTRADERS PIPS, cautioning the public about this unauthorized firm.

    In essence, ALLTRADERS PIPS 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. 

    ALLTRADERS PIPS is unequivocally a scam.

    ALLTRADERS PIPS marks itself as a leading Forex CFD provider, but the fact is that its domain is recently registered in April, 2023. This is a red flag.ALLTRADERS PIPS gives two addresses, one in the UK and the other in the US. But there are no indications that it has registered with the Financial Conduct Authority (FCA) and the National Futures Association (NFA). Furthermore, the FCA has issued a warning against ALLTRADERS PIPS, cautioning the public about this unauthorized firm.In essence, ALLTRADERS PIPS 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. ALLTRADERS PIPS is unequivocally a scam.

Related Complaints

Q&A

Does ALLTRADERS PIPS have licenses?

Hanna Saleh
Colombia
2023-09-25
ANSWER No, ALLTRADERS PIPS operates without the required license.ALLTRADERS PIPS claims to be a leading Forex CFD provider, but its domain registration date says the different story: it was only registered in April, 2023, a contradictory situation signaling that this is a possible scam. ALLTRADERS PIPS provides two addresses, one in the UK and one in the US, but it does not have any licenses from the relevant authorities. The Financial Conduct Authority (FCA) in the UK and the National Futures Association (NFA) in the US have not authorized this broker to operate. In fact, the FCA has issued a warning against ALLTRADERS PIPS, advising the public to avoid this unregulated firm.Therefore, ALLTRADERS PIPS is operating illegally and without any oversight. It is an unlicensed broker. Investing with this broker is extremely risky, as there are no guarantees that the funds will be safe or secure. To mitigate such risks, it is better to choose a fully regulated one instead.
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