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MISSION FX CLUB

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Operating status: SCAM

Website: https://www.missionfxclub.com/UI/index.html

Broker violations and abnormal records
  • 2023-10-15 The UK FCA issued a Warning against MISSION FX CLUB

    On 12 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MISSION FX CLUB was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/mission-fx-club

    On 12 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MISSION FX CLUB was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/mission-fx-club
  • 2023-10-15 BrokersView has Reviewed that MISSION FX CLUB is an Unregulated Broker

    MISSION FX CLUB claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MISSION FX CLUB was providing finacial services or products without authorisation.

    In addition, according to its website, it is located in Indonesia, but Otoritas Jasa Keuangan(OJK) does not regulate foreign exchange. And there is no matching information was found in the Indonesian Commodity Futures Tradug Regulatory Agency (BAPPEBT).

    The truth is that MISSION FX CLUB is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    MISSION FX CLUB is a scam.

    MISSION FX CLUB claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MISSION FX CLUB was providing finacial services or products without authorisation.In addition, according to its website, it is located in Indonesia, but Otoritas Jasa Keuangan(OJK) does not regulate foreign exchange. And there is no matching information was found in the Indonesian Commodity Futures Tradug Regulatory Agency (BAPPEBT).The truth is that MISSION FX CLUB is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.MISSION FX CLUB is a scam.

Related Complaints

Q&A

I've just started to trade with MISSION FX CLUB but I just heard MISSION FX CLUB had got a warning. Is that true????

Christos Georgiou
Singapore
2023-11-01
ANSWER Yes, MISSION FX CLUB has received a warning from the Financial Conduct Authority (FCA), the UK's financial regulatory body, for carrying on unauthorized business in this country.MISSION FX CLUB claims to have been in business since 1986, but its domain, missionfxclub.com, was first registered in August 2023. Therefore, this website is technically nearly 3-month-old. The gulf between this age and its claim strongly indicates that MISSION FX CLUB is untrustworthy.While it has an address in Indonesia, our search for this company in the register of the Commodity Futures Trading Regulatory Agency (BAPPEBTI) didn't yield any results. It means the platform is not registered in this jurisdiction.Furthermore, it even illegally solicits British investors, having drawn a warning from the FCA as a result.As such, we strongly suggest investors stay away from MISSION FX CLUB. Letting it control your funds is very dangerous. This platform falls outside the regulatory framework, and its clients are not protected by rules. To minimize the risks of fraud and identity theft, it is advisable to choose fully regulated brokers.
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