Operating status: SCAM
On August 14, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Rextura Limited, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/rextura-limited/
While Rextura Limited claims to be located in Switzerland, it fails to obtain authorization from the Swiss Financial Markets Supervisory Authority (FINMA), as evidenced by the warning issued by the Swiss regulator.
Furthermore, Rextura Limited provides a certificate issued by the Finnish Financial Supervisory Authority (FIN-FSA) to support its legitimacy. However, the license turns out to be a fake, as there are no matching records in the register of FIN-FSA.
In essence, Rextura Limited 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.