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FX FUTURE

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Operating status: SCAM

Website: https://fxfuture.co/

Broker violations and abnormal records
  • 2023-12-19 The Mauritius FSC issues a warning against FX FUTURE

    On December 20, 2023, the Mauritius Financial Services Commission (Mauritius FSC) issued a warning against FX FUTURE (https://fxfuture.co/), stating that it is not an entity licensed or regulated by them. Furthermore, the financial watchdog denied any association between FX FUTURE and Benor Capital Ltd. https://www.fscmauritius.org/media/168589/investor-alert-fx-future-limited.pdf

    On December 20, 2023, the Mauritius Financial Services Commission (Mauritius FSC) issued a warning against FX FUTURE (https://fxfuture.co/), stating that it is not an entity licensed or regulated by them. Furthermore, the financial watchdog denied any association between FX FUTURE and Benor Capital Ltd. https://www.fscmauritius.org/media/168589/investor-alert-fx-future-limited.pdf
  • 2023-12-21 BrokersView has reviewed that FX FUTURE is an unregulated broker

    FX FUTURE provides extensive regulatory information to project legitimacy. However, our investigation suggests otherwise.

    The regulatory status and links to financial regulatory bodies all point to two companies: EDR Financial Limited and Benor Capital Limited, both operating under the TrioMarkets brand. We found no official documents linking FX FUTURE to these companies.

    A warning from the Mauritius Financial Services Commission (Mauritius FSC) confirms they have no association.

    FX FUTURE is not licensed in Mauritius and falsely presents itself as a legitimate broker by misusing licensing data from others. This appears to be a fraudulent scheme.

    FX FUTURE provides extensive regulatory information to project legitimacy. However, our investigation suggests otherwise.The regulatory status and links to financial regulatory bodies all point to two companies: EDR Financial Limited and Benor Capital Limited, both operating under the TrioMarkets brand. We found no official documents linking FX FUTURE to these companies.A warning from the Mauritius Financial Services Commission (Mauritius FSC) confirms they have no association.FX FUTURE is not licensed in Mauritius and falsely presents itself as a legitimate broker by misusing licensing data from others. This appears to be a fraudulent scheme.

Related Complaints

Q&A Complaints

FX FUTURE says it is fully licensed and I can rest assured about their security.

FXEnjoyment
2024-03-28
ANSWER FX FUTURE claims to be a reliable trading platform, but upon closer examination, it becomes evident that this is not the case.FX FUTURE associates itself with authentic entities, misappropriating other entities' licenses such as from the Mauritius Financial Services Commission (Mauritius FSC), to create an illusion of legitimacy. The Mauritius FSC has issued a warning against FX FUTURE, revealing its unlicensed status. This discrepancy raises serious concerns about the platform's credibility.Given the misleading regulatory information and lack of proper licensing, FX FUTURE appears to be operating fraudulently. Engaging with such platforms can expose traders to significant risks, including financial losses and potential scams. To protect your investments, it is strongly advised to steer clear of FX FUTURE. Instead, opt for fully regulated brokers that provide a safer trading environment.
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I've found some bad reviews about FX FUTURE. Could you please tell me whether I should trade with FX FUTURE or not?

BabaraNash
Guadeloupe
2024-01-01
ANSWER No, you should steer clear of FX FUTURE immediately, because it is a fraudulent trading platform.Despite the regulatory status displayed on its website, our research indicates that the licensing details actually pertain to two entities, EDR Financial Limited and Benor Capital Limited, which have no affiliation with FX FUTURE. This fact is further corroborated by a warning issued by the Mauritius Financial Services Commission (Mauritius FSC), confirming their lack of connection.This deceptive conduct clearly reveals FX FUTURE's fraudulent intentions. Entrusting this platform with your funds or personal information poses a significant risk of falling victim to fraud and identity theft. We consistently emphasize the importance of conducting due diligence rather than blindly trusting a broker's claims about its licenses. For any queries regarding a broker, it is recommended to consult us BrokersView.
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2 comments

Mohamed Ibrahim
This platform is a scam. They'll push you to deposit more money, but when it comes to withdrawing your funds, they'll ignore you completely. Please be cautious. Unfortunately, I've lost $12,000 from my hard-earned savings to them
2024-02-04
Reply
Mohamed Ibrahim
This is scammer be very careful and stay away after they will contact u and try to get as much deposit for you however you will not be able to withdraw your money they are not allowing me to withdraw even my money with out interest which is 12000USD and I finds out later that all information in the website is not correct
2023-12-24
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.