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Bregco Fx

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Operating status: SCAM

Website: https://www.bregcofx.com/

Broker violations and abnormal records
  • 2023-09-17 The UK FCA Warns that Bregco FX is a Clone Firm

    On 14 Sep 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Bregco FX was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: 

    https://www.fca.org.uk/news/warnings/bregco-fx-clone-fca-authorised-firm-and-previously-fca-authorised-eea-firm-clone-fca-authorised-firm

    On 14 Sep 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Bregco FX was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/bregco-fx-clone-fca-authorised-firm-and-previously-fca-authorised-eea-firm-clone-fca-authorised-firm
  • 2023-09-17 BrokersView has Reviewed that Bregco FX is an Unregulated Forex Broker

    Bregco FX claims to be subjected to multiple regulatory oversight:

     1) the Cyprus Securities and Exchange Commission (CySEC 185/12)- ForexTime Limited;

     2) the Financial Sector Conduct Authority of South Africa (FSCA 46614) - ForexTime Limited;

     3) the Financial Services Commission, Mauritius (FSC C113012295) - Exinity Limited;

     4) the Ntional Futures Authority (NFA 777911) - Forextime UK Limited.

    Upon investigation, we found that it stole the above license. So Bregco FX is not regulated by the regulators.

    What's more, FCA issued a warning that Bregco FX was a clone firm.

    The truth is that Bregco FX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Bregco FX is a scam.

    Bregco FX claims to be subjected to multiple regulatory oversight: 1) the Cyprus Securities and Exchange Commission (CySEC 185/12)- ForexTime Limited; 2) the Financial Sector Conduct Authority of South Africa (FSCA 46614) - ForexTime Limited; 3) the Financial Services Commission, Mauritius (FSC C113012295) - Exinity Limited; 4) the Ntional Futures Authority (NFA 777911) - Forextime UK Limited.Upon investigation, we found that it stole the above license. So Bregco FX is not regulated by the regulators.What's more, FCA issued a warning that Bregco FX was a clone firm.The truth is that Bregco FX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Bregco FX is a scam.
  • 2023-10-10 BrokersView discovers that the website of Bregco Fx is inaccessible

    "https://www.bregcofx.com/”is inaccessible now, further undermining its credibility.please be aware of the risks involved and stay away from the scam.

    "https://www.bregcofx.com/”is inaccessible now, further undermining its credibility.please be aware of the risks involved and stay away from the scam.

Related Complaints

Q&A

Bregco Fx said they had various licenses but now I cannot access their website, does they changed the web address? Where can I find them now.

Reeve Eyuboglu
Dominica
2023-10-11
ANSWER Bregco Fx is a fraudulent trading platform, pretending to be operated legally by copying details of a genuine company. Since its goal is to steal money from investors, it left no effective ways for clients to find them. We urge you to report it to the local police and relevant regulatory bodies.The website ("https://www.bregcofx.com/") of Bregco Fx cannot be reached any longer. The broker has disappeared, along with any way of communicating with them. This strongly suggests that it is a scam. According to our records, Bregco Fx copied regulatory information of a legitimate forex broker to mislead and convince unsuspecting investors. Consequently, its fraudulent activities drew a warning from the Financial Conduct Authority (FCA), the UK financial watchdog. The FCA clarified the risks involved, identified Bregco Fx as a clone firm, and cautioned the public to stay away from the scam.Each and every day, countless online investment scams emerge. Therefore, it should be the top priority to verify a trading platform's licenses before making an investment decision. Bregco Fx is a scam and investors must avoid it. To mitigate risks of being defrauded, we strongly suggest investors engage with fully regulated brokers instead.
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