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BigFXInvest

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Operating status: SCAM

Website: https://www.bigfxinvest.io/

Broker violations and abnormal records
  • 2024-04-23 The FCA issues a warning against BigFXInvest

    On April 24, 2024, the Financial Conduct Authority (FCA) issued a warning against BigFXInvest, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/bigfxinvest-wwwbigfxinvestio

    On April 24, 2024, the Financial Conduct Authority (FCA) issued a warning against BigFXInvest, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/bigfxinvest-wwwbigfxinvestio
  • 2024-04-24 BrokersView has reviewed that BigFXInvest is an unregulated trading platform

    BigFXInvest fails to provide any concrete information about its regulatory status, suggesting that it might not be under the jurisdiction of any financial regulators. This is a significant concern.

    Despite the company's assertion of being based in the UK, there is no evidence to suggest that it is registered with the Financial Conduct Authority (FCA). Its apparent non-compliance with relevant regulations in the country has elicited a warning from the FCA.

    In essence, BigFXInvest 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.

    BigFXInvest appears to be a scam.

    BigFXInvest fails to provide any concrete information about its regulatory status, suggesting that it might not be under the jurisdiction of any financial regulators. This is a significant concern.Despite the company's assertion of being based in the UK, there is no evidence to suggest that it is registered with the Financial Conduct Authority (FCA). Its apparent non-compliance with relevant regulations in the country has elicited a warning from the FCA.In essence, BigFXInvest 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.BigFXInvest appears to be a scam.

Related Complaints

Q&A

I dont want to invest too much money. So is BigFXInvest any limit to deposit?

Alaa Biggs
Norway
2024-04-28
ANSWER Trading with BigFXInvest is strongly discouraged due to its unlicensed status. The absence of disclosed regulatory information is a major red flag, indicating potential non-compliance with pertinent regulations.The Financial Conduct Authority (FCA), a regulatory body in the UK, has issued a warning against BigFXInvest, classifying it as an unauthorized firm. This further underscores the risks associated with this broker.Engaging with BigFXInvest could potentially result in significant financial losses due to fraudulent activities. To mitigate such risks, investors are advised to opt for fully regulated brokers instead of unregulated ones like BigFXInvest. Remember, it's crucial to ensure the legitimacy of your broker for a secure trading experience.
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Risk Warning:

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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