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OneFX Trade

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Operating status: SCAM

Website: https://www.1fxtrade.com/

Broker violations and abnormal records
  • 2022-10-17 The UK FCA Added OneFX Trade into Its Warnings

    On 18 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that OneFX Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/onefx-trade


    On 18 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that OneFX Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/onefx-trade
  • 2022-10-18 BrokersView has Reviewed that OneFX Trade is an Unregulated Forex Broker

    OneFX Trade claims to be a regulated broker without presenting its regulation or any other information that can trace it. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    According to its website, the broker is located in the UK. As per United Kingdom law, almost 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 this scam in UK FCA.

    The regulator warned that OneFX Trade was providing financial services or products in the UK without authorisation.

    The truth is that OneFX Trade 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.

    OneFX Trade claims to be a regulated broker without presenting its regulation or any other information that can trace it. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost 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 this scam in UK FCA.The regulator warned that OneFX Trade was providing financial services or products in the UK without authorisation.The truth is that OneFX Trade 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.
  • 2022-10-25 The UK FCA Warns OneFX Trade Again

    On 26 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that OneFX Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/onefx-trade

    On 26 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that OneFX Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/onefx-trade
  • 2022-12-12 BrokersView has found that OneFX Trade is not working

    BrokersView found the domain "https://www.1fxtrade.com/" 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.1fxtrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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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.