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FinexTrader

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Operating status: SCAM

Website: https://finextrader.com/home

Broker violations and abnormal records
  • 2022-07-18 The Austria FMA Added FinexTrader into Its Warnings

    On 19 July 2022, the Austrian Financial Market Authority (FMA) issued a warning that FinexTrader is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/finex-group-ltd/

    On 19 July 2022, the Austrian Financial Market Authority (FMA) issued a warning that FinexTrader is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/finex-group-ltd/
  • 2022-07-24 BrokersView has Reviewed that FinexTrader is an Unregulated Forex Broker

    FinexTrader claims to be a regulated broker under multiple regulations including International Regulators & Brokerage E-Markets (IRBEM), Market Financial Authority (MFA) and Swiss Financial Securities (SFINS). However, none of the organizations mentioned has authority of regulating forex activities or issuing forex licenses.

    FinexTrader also claims to be a UK-based company. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results matched this broker in UK FCA.

    Moreover, the Austrian Financial Market Authority (FMA) issued a warning that FinexTrader is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others.

    The truth is that FinexTrader 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.

    FinexTrader claims to be a regulated broker under multiple regulations including International Regulators & Brokerage E-Markets (IRBEM), Market Financial Authority (MFA) and Swiss Financial Securities (SFINS). However, none of the organizations mentioned has authority of regulating forex activities or issuing forex licenses.FinexTrader also claims to be a UK-based company. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results matched this broker in UK FCA.Moreover, the Austrian Financial Market Authority (FMA) issued a warning that FinexTrader is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others.The truth is that FinexTrader 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.
  • 2022-08-22 The France AMF Added FinexTrader into Its Warnings

    On 23 Aug 2022, the France Autorité des Marchés Financiers (AMF) issued a warning that FinexTrader is not authorized to provide forex services in France. You may visit: https://www.amf-france.org/en/warnings/warnings-and-blacklists?conditions%5Bcategorie%5D=224&page=0&sort%5Bfield%5D=date&sort%5Bsort%5D=DESC


    On 23 Aug 2022, the France Autorité des Marchés Financiers (AMF) issued a warning that FinexTrader is not authorized to provide forex services in France. You may visit: https://www.amf-france.org/en/warnings/warnings-and-blacklists?conditions%5Bcategorie%5D=224&page=0&sort%5Bfield%5D=date&sort%5Bsort%5D=DESC
  • 2022-09-06 The Italy CONSOB Added FinexTrader into Its Warnings

    On 7 Sep 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that FinexTrader is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-7-september-2022/718268


    On 7 Sep 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that FinexTrader is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-7-september-2022/718268
  • 2022-11-23 BrokersView has found that FinexTrader is not working

    BrokersView found the domain "https://finextrader.com/home" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://finextrader.com/home" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
  • 2023-06-04 The Belgian FSMA added FinexTrader to its warning list

    On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added FinexTrader to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0

    On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added FinexTrader to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0
  • 2023-07-30 The Spain's CNMV issues a warning against FinexTrader

    On July 31, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added FinexTrader to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

    On July 31, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added FinexTrader to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

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