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ExtonGlobal

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Operating status: SCAM

Website: https://www.extonglobal.com; https://www.extonglobal.net; https://www.extonglobal.org; https://www.extonglobal.io

Broker violations and abnormal records
  • 2023-11-29 The FSMA adds ExtonGlobal to its warning list

    On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added ExtonGlobal to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2

    On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added ExtonGlobal to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2
  • 2023-12-04 BrokersView has reviewed that ExtonGlobal is an unregulated broker

    ExtonGlobal presents itself as a reliable trading platform, but our investigation suggests otherwise. The company fails to disclose regulatory information, which is a significant indicator of a scam.

    ExtonGlobal lists two addresses on its website, one in the UK and the other in Switzerland, purporting to be its office locations. We conducted a search in the registers of the Financial Conduct Authority (FCA) and the Swiss Financial Market Supervisory Authority (FINMA). However, we found no official data to support its legitimacy within these two countries, rendering its operations unlawful.

    Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has added ExtonGlobal to its warning list, identifying it as a fraudulent trading platform operating in the Belgian market.

    In summary, ExtonGlobal is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Therefore, it is unequivocal that ExtonGlobal is a scam.

    ExtonGlobal presents itself as a reliable trading platform, but our investigation suggests otherwise. The company fails to disclose regulatory information, which is a significant indicator of a scam.ExtonGlobal lists two addresses on its website, one in the UK and the other in Switzerland, purporting to be its office locations. We conducted a search in the registers of the Financial Conduct Authority (FCA) and the Swiss Financial Market Supervisory Authority (FINMA). However, we found no official data to support its legitimacy within these two countries, rendering its operations unlawful.Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has added ExtonGlobal to its warning list, identifying it as a fraudulent trading platform operating in the Belgian market.In summary, ExtonGlobal is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Therefore, it is unequivocal that ExtonGlobal is a scam.
  • 2024-05-09 The Swiss FINMA issues a warning against ExtonGlobal

    On May 10, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against ExtonGlobal, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/exton-global/

    On May 10, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against ExtonGlobal, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/exton-global/

Related Complaints

Q&A Complaints

ExtonGlobal's websites are all closed. What's happened? Any chance to get my money back? Please.

yrs forextrader
Australia
2024-05-16
ANSWER The closure of ExtonGlobal's websites could potentially be attributed to its fraudulent nature. It's common for scam trading platforms to shut down their websites once financial regulators detect their illicit activities. We strongly recommend that you cease all interactions with ExtonGlobal and report it to your local authorities.ExtonGlobal presented itself as a reliable trading platform, claiming to have locations in both the UK and Switzerland. However, verifications with the Financial Conduct Authority (FCA) and the Swiss Financial Market Supervisory Authority (FINMA) have found no proof of its legitimacy, indicating that its operations are likely unlawful.Furthermore, both the FINMA and the Belgian Financial Services and Markets Authority (FSMA) have issued warnings about ExtonGlobal. The warning from FINMA highlights the entity's unregistered status, while the FSMA has added it to its warning list of fraudulent platforms.We advise you to remain calm and avoid making rash decisions in light of your losses. There's a risk that your desire to recover your funds could be exploited by another type of scam known as the Recovery Room Scam. In this scam, individuals or firms falsely claim they can assist you in recovering your money, only to further deplete your resources.
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Could you please verify if ExtonGlobal is a legit broker?

Heri Ms
Kuwait
2023-12-27
ANSWER ExtonGlobal is not considered a legitimate broker.The company does not provide any regulatory information, which raises serious concerns. Although its website mentions two addresses, one in the UK and another in Switzerland, there is no evidence to suggest that it has secured the necessary licenses from the Financial Conduct Authority (FCA) or the Swiss Financial Market Supervisory Authority (FINMA). Moreover, the Belgian Financial Services and Markets Authority (FSMA) has included ExtonGlobal in its warning list, identifying it as a fraudulent trading platform active in the Belgian market.Investors are advised to steer clear of any transactions with ExtonGlobal to safeguard themselves from potential fraud and identity theft. It is always safer to opt for fully regulated brokers with established reputations.
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2 comments

Jacob Johansen
Yes, it's a big scam, stay away
2024-03-26
Reply
Jan Lundmark
ExtonGlobal = Big Scam!I have an account with ExtonGlobal.I have asked several times to withdraw money or close the account. it’s impossible to withdraw funds. After several attempts to contact support, I realized it’s a scam.This seems IMPOSSIBLE - KEEP AWAY.It's a scam, scammers, trying to take €250 out of your pocket. It's a shame that who has this kind of scammer living on this planet. It's a shame their location is unknown.
2023-12-12
Reply
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