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expresstrade.org

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Operating status: SCAM

Website: https://expresstrade.org/

Broker violations and abnormal records
  • 2023-05-17 BrokersView has Reviewed that expresstrade.org is an Unregulated Broker

    According to its website, expresstrade.org is located in New Zealand.However there is no matching information was found in the Financial Markets Authority (FMA).

    The truth is that expresstrade.org 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, it is a scam.

    According to its website, expresstrade.org is located in New Zealand.However there is no matching information was found in the Financial Markets Authority (FMA).The truth is that expresstrade.org 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, it is a scam.

Related Complaints

Q&A

How is the swap fee calculated?

Jeffy
Serbia
2023-06-06
ANSWER The expresstrade.org is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.The expresstrade.org claims to be operated by Express Trading Limited, a company registered with the New Zealand Companies Office under NZBN 9429041451762. While it is true that we found corresponding entries in the Companies Register, investors must bear in mind that a certificate of incorporation can not be considered as a financial license. The expresstrade.org must seek authorization from the Financial Markets Authority (NZ FMA) before soliciting investors. However, our search for this company in the NZ FMA didn't yield any results. As such, the investment services provided by expresstrade.org are unregulated.Regarding your question, we strongly suggest you avoid expresstrade.org since it is an unregulated broker. Entrusting this broker with your funds or personal data is highly risky, as there are no safeguards in place to protect investors from fraud or theft. Therefore, investors are encouraged to stay away from unlicensed brokers like expresstrade.org and opt for fully regulated ones instead.
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