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Forexsignals.tech

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Operating status: SCAM

Website: https://forexsignals.tech/

Broker violations and abnormal records
  • 2023-08-07 The UK FCA issues a warning against Forexsignals.tech

    On August 8, 2023, the Financial Conduct Authority (FCA) issued a warning against Forexsignals.tech, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/forexsignalstech

    On August 8, 2023, the Financial Conduct Authority (FCA) issued a warning against Forexsignals.tech, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/forexsignalstech
  • 2023-08-08 BrokersView has reviewed that Forexsignals.tech is an unregulated broker

    Forexsignals.tech fails to disclose its regulatory information, a significant scam indicator.

    While it provides an address in the UK, it fails to obtain authorization from the Financial Conduct Authority (FCA), as evidenced by the warning from the FCA.

    In essence, Forexsignals.tech 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. It is unequivocally a scam.

    Forexsignals.tech fails to disclose its regulatory information, a significant scam indicator.While it provides an address in the UK, it fails to obtain authorization from the Financial Conduct Authority (FCA), as evidenced by the warning from the FCA.In essence, Forexsignals.tech 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. It is unequivocally a scam.

Related Complaints

Q&A

Does Forexsignals.tech regulated or not?

Kim Hemson-Struthers
Uganda
2023-09-05
ANSWER No, Forexsignals.tech is not regulated and has been red-flagged by the Financial Conduct Authority (FCA), the UK financial watchdog.The absence of regulatory information raises suspicions about Forexsignals.tech's legitimacy. Legitimate brokers always disclose their accreditation and licenses to instill transparency and trust, whereas the lack of information thereof may suggest that it is a scam.While Forexsignals.tech is allegedly domiciled in the UK, there are no indications that it is registered with the FCA. The warning by the FCA against the platform further confirms the conclusion. According to the regulator, Forexsignals.tech is an unauthorized firm illegally providing financial services or products in this jurisdiction.Therefore, we strongly suggest investors steer clear of Forexsignals.tech. Once your money and personal information are held by the platform, there are no rules in place to prevent fraud and theft, which could be financially and personally devastating. To avoid such risks, it is advisable to opt for a fully regulated broker.
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