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Express TradesFX

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Operating status: SCAM

Website: https://expresstradesfx.com/home.php

Broker violations and abnormal records
  • 2023-12-24 BrokersView has reviewed that Express TradesFX is an unregulated broker

    According to its website, it is located in the UK, upon investigation, no matching information was found in the Financial Conduct Authority (FCA).

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

    Therefore, Express TradesFX is a scam.

    According to its website, it is located in the UK, upon investigation, no matching information was found in the Financial Conduct Authority (FCA).The truth is that Express TradesFX is not regulated by any regulators. Letting it hold or control any investors' money is unsafe and the money can not be protected by any laws.Therefore, Express TradesFX is a scam.

Related Complaints

Q&A

Scalping allowed on Express TradesFX?

Nadja Gergely
Malta
2024-01-03
ANSWER Given Express TradesFX's unlicensed status, we strongly suggest you avoid engaging with this forex broker, which operates without any form of supervision or regulation.This trading platform claims to be a member of the Financial Commission and operated by Zolarex Ltd, a company registered with the Marshall Islands Registry (IRI). However, it is not included in the member list of the Financial Commission and its IRI registration has been revoked. Despite listing a UK address, it fails to comply with the British laws to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. Its non-compliance is a significant scam indicator.Therefore, dealings with Express TradesFX could lead to fraud and identity theft. To mitigate such risks, it is advisable to stay away from unlicensed brokers like Express TradesFX and instead choose fully regulated ones with solid reputations.
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1 comments

Jo
Xpressfxtrade.comSCAMMERS,SCAMMERS, SCAMMERS
2024-09-01
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