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FOREX MAX.LTD

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Operating status: SCAM

Website: https://www.forex-max.ltd/

Broker violations and abnormal records
  • 2022-04-12 The UK FCA Warns that FOREX-MAX.LTD is a Clone Firm

    On 13 April 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FOREX-MAX.LTD is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/forex-max-clone-fca-authorised-firm


    On 13 April 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that FOREX-MAX.LTD is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/forex-max-clone-fca-authorised-firm
  • 2022-09-04 BrokersView has Reviewed that FOREX-MAX.LTD is an Unregulated Forex Broker

    FOREX-MAX.LTD claims to be registered with Companies House of United Kingdom (CH) with registration number 4970928. We searched CH and found a company named CONDOR CAPITAL MARKETS LTD, whose address is in accord with the address on FOREX-MAX.LTD's website. However, please be informed that CH does not regulated forex brokers or issue forex licenses, so having the registrationd does not mean being authorized to provide financial services. 

    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 only found a warning against FOREX-MAX.LTD in UK FCA.

    UK FCA issued a warning that FOREX-MAX.LTD is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. 

    The truth is that FOREX-MAX.LTD 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.

    FOREX-MAX.LTD claims to be registered with Companies House of United Kingdom (CH) with registration number 4970928. We searched CH and found a company named CONDOR CAPITAL MARKETS LTD, whose address is in accord with the address on FOREX-MAX.LTD's website. However, please be informed that CH does not regulated forex brokers or issue forex licenses, so having the registrationd does not mean being authorized to provide financial services. 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 only found a warning against FOREX-MAX.LTD in UK FCA.UK FCA issued a warning that FOREX-MAX.LTD is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. The truth is that FOREX-MAX.LTD 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.
  • 2022-12-04 BrokersView has found that FOREX-MAX.LTD is not working

    BrokersView found the domain "https://www.forex-max.ltd/" 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://www.forex-max.ltd/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended. 

Related Complaints

Q&A

Greetings, Im not sure about whether this platform is regulated or not. Can you help me?

maksimgordeevfx
Angola
2022-09-13
ANSWER FOREX MAX.LTD is not a licensed or regulated broker even though it states offers that look good to be true. FOREX MAX.LTD claims to be registered with the Companies House of United Kingdom (CH) with registration number 4970928. We searched CH and found the registration number belongs to a company named CONDOR CAPITAL MARKETS LTD, whose address is in accord with the address shown on FOREX-MAX.LTD's website. However, please be informed that CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). We did searching in FCA and only found this firm had already been warned by FCA for providing financial services without authorization and regulation. You can check the full warning from here.The truth is, FOREX MAX.LTD is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FOREX MAX.LTD and trade with licensed brokers.
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