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Exodus Movement Inc

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Operating status: SCAM

Website: https://www.exodus.com/

Broker violations and abnormal records
  • 2023-11-15 The UK FCA issued a Warning against Exodus Movement, Inc

    On 14 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Exodus Movement, Inc was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/exodus-movement-inc-https-wwwexoduscom

    On 14 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Exodus Movement, Inc was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/exodus-movement-inc-https-wwwexoduscom
  • 2023-11-15 BrokersView has Reviewed that ​Exodus Movement, Inc is an Unregulated Broker

    According to its website, it is located in the United States, but upon investigation, no matching information was found in the National Futures Association (NFA).

    In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Exodus Movement, Inc was providing financial services or products in the UK without authorisation.

    The truth is that Exodus Movement, Inc is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Exodus Movement, Inc is a scam.

    According to its website, it is located in the United States, but upon investigation, no matching information was found in the National Futures Association (NFA).In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Exodus Movement, Inc was providing financial services or products in the UK without authorisation.The truth is that Exodus Movement, Inc is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Exodus Movement, Inc is a scam.

Related Complaints

Q&A

Is Exodus Movement Inc a safe platform? Can I get fund protection?

Jonathan C
Swaziland
2023-11-27
ANSWER No, Exodus Movement Inc is not a safe platform and your funds with it will not be protected. It is an unlicensed trading platform that has been added to the warning list of the Financial Conduct Authority (FCA).Despite claiming to be located in the US, Exodus Movement Inc is not registered as a member of the National Futures Association (NFA). It also has been illegally soliciting British investors, prompting a warning from the FCA. These two warning signs significantly suggest that Exodus Movement Inc is very dangerous.By trading with Exodus Movement Inc, investors may fall victim to fraud and identity theft, without regulatory protections in place. To mitigate such risks, it is recommended to opt for fully regulated brokers only.
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