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Blufx

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Operating status: SCAM

Website: https://www.blu-fx.uk/

Broker violations and abnormal records
  • 2022-02-20 BrokersView has reviewed that Blufx is an Unregulated Forex Broker

    Blufx claims to be owned and operated by BluFX Ltd, A UK-based company while presenting zero details about its regulatory information, which is always a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. 

    Besides, as mentioned on its "Terms & Conditions", this broker "shall be governed by and construed in accordance with English law ", however, we didn't find any results matching "BluFX Ltd" from the UK's Financial Conduct Authority (FCA). So Blufx is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.

    Blufx claims to be owned and operated by BluFX Ltd, A UK-based company while presenting zero details about its regulatory information, which is always a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. Besides, as mentioned on its "Terms & Conditions", this broker "shall be governed by and construed in accordance with English law ", however, we didn't find any results matching "BluFX Ltd" from the UK's Financial Conduct Authority (FCA). So Blufx is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.
  • 2022-07-25 BrokersView has Found the Old Domain of Blufx is Not Working

    BrokersView found the old domain of Blufx "https://blufx.co.uk/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the old domain of Blufx "https://blufx.co.uk/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
  • 2022-12-04 The UK FCA Added Blufx into Its Warnings

    On 5 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Blufx was providing financial services or products in the UK without authorisation. You may visit: fca.org.uk/news/warnings/blufx

    On 5 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Blufx was providing financial services or products in the UK without authorisation. You may visit: fca.org.uk/news/warnings/blufx

Related Complaints

Q&A

Could you please verify if https://www.blufx.co.uk/ is a safe broker？

Wiwit Aryani
Indonesia
2022-02-24
ANSWER Blufx is an UNLICENSED broker and should be avoided at all events. Blufx claims to be owned and operated by BluFX Ltd, a UK-based company while presenting zero details about its regulatory information, which is always a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.Besides, as mentioned on its "Terms & Conditions," this broker "shall be governed by and construed in accordance with English law," however, we didn't find any results matching "BluFX Ltd" from the UK's Financial Conduct Authority (FCA). So Blufx is actually not regulated by any financial regulator. That means investors' fund in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.We would recommend you to stay away from Blufx and any other unregulated brokerages, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
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