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Crex247

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Operating status: SCAM

Website: https://crex247binaryfxtrading.com/

Broker violations and abnormal records
  • 2022-09-11 The UK FCA Added Crex247 into Its Warnings

    On 12 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Crex247 is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/crex247-crex247-binary-trading-uk-ltd


    On 12 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Crex247 is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/crex247-crex247-binary-trading-uk-ltd
  • 2022-09-12 BrokersView has Reviewed that Crex247 is an Unregulated Forex Broker

    Crex247 claims to be regulated under multiple regulations, including: 

     1) the Cyprus Securities Exchange Commission (CySEC);

     2) the United Kingdom Financial Conduct Authority (UK FCA);

     3) the Australian Securities and Investments Commission (ASIC); 

     4) the Seychelles Financial Services Authority (Seychelles FSA). 

    We searched CySEC, ASIC and Seychelles FSA, but found no results that matched this broker. Moreover, we found a warning against Crex247 in UK FCA.

    UK FCA issued a warning that Crex247 is providing financial services or products in the UK without authorisation. 

    The truth is that Crex247 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, it is a scam.

    Crex247 claims to be regulated under multiple regulations, including:  1) the Cyprus Securities Exchange Commission (CySEC); 2) the United Kingdom Financial Conduct Authority (UK FCA); 3) the Australian Securities and Investments Commission (ASIC);  4) the Seychelles Financial Services Authority (Seychelles FSA). We searched CySEC, ASIC and Seychelles FSA, but found no results that matched this broker. Moreover, we found a warning against Crex247 in UK FCA.UK FCA issued a warning that Crex247 is providing financial services or products in the UK without authorisation. The truth is that Crex247 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, it is a scam.

Related Complaints

Q&A

I think Crex247 is a scam. Did it ever be warned??

Vahrokh
Colombia
2022-09-14
ANSWER Crex247 is not a licensed or regulated broker even though it states offers that look good to be true. Crex247 claims to be regulated under multiple regulations, including: 1) The Cyprus Securities Exchange Commission (CySEC);2) The United Kingdom Financial Conduct Authority (FCA);3) The Australian Securities and Investments Commission (ASIC); 4) The Seychelles Financial Services Authority (Seychelles FSA). First, we did not find any match results to Crex247 in CySEC, ASIC, and Seychelles FSA. Second, when we searched in FCA, we found this broker had been warned by FCA for providing financial services or products without authorization. You can check the full warning from here.The truth is, Crex247 is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Crex247 and trade with licensed brokers.
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