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Tedex

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Operating status: SCAM

Website: https://tedex.live/

Broker violations and abnormal records
  • 2022-04-10 The Spain CNMV Added Tedex into Its Warnings

    On 11 April 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=tedex

    On 11 April 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=tedex
  • 2022-07-22 The Austria FMA Added Tedex into Its Warnings

    On 23 July 2022, the Austrian Financial Market Authority (FMA) issued a warning that Tedex is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/tedex-vermillion-consulting-llc/

    On 23 July 2022, the Austrian Financial Market Authority (FMA) issued a warning that Tedex is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/tedex-vermillion-consulting-llc/
  • 2022-07-26 BrokersView has Reviewed that Tedex is an Unregulated Forex Broker

    Tedex, operated by Vermillion Consulting LLC, claims to be a reliable broker that is registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1341 LLC 2021. We searched the number in the SVG FSA register and found no matching result. But we could find a matching result by searching the company name. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide forex services. 

    Moreover, the Austrian Financial Market Authority (FMA) issued a warning that Tedex is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. And the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex is not authorised to provide the investment services in Spain.

    The truth is that Tedex 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.

    Tedex, operated by Vermillion Consulting LLC, claims to be a reliable broker that is registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1341 LLC 2021. We searched the number in the SVG FSA register and found no matching result. But we could find a matching result by searching the company name. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide forex services. Moreover, the Austrian Financial Market Authority (FMA) issued a warning that Tedex is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. And the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex is not authorised to provide the investment services in Spain.The truth is that Tedex 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.
  • 2022-09-06 The Italy CONSOB Added Tedex into Its Warnings

    On 7 Sep 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Tedex is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-7-september-2022/718268


    On 7 Sep 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Tedex is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-7-september-2022/718268
  • 2022-10-26 The Italy CONSOB Warns Tedex Again

    On 27 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Tedex was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-27-october-2022/718268


    On 27 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Tedex was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-27-october-2022/718268
  • 2022-10-31 BrokersView has Found that Tedex is Using a New Domain

    BrokersView has found that Tedex is using a new domain, https://tedex.live/, to scam.


    BrokersView has found that Tedex is using a new domain, https://tedex.live/, to scam.
  • 2022-11-23 BrokersView has found that Tedex is not working

    BrokersView found the domain "https://tedex.live/" 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://tedex.live/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
  • 2022-11-27 The Spain CNMV Warns Tedex Again

    On 28 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=tedex.live

    On 28 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=tedex.live

Related Complaints

Q&A

Tedex's trading condition sounds good. Is it safe?

Anubavsheik
Mali
2022-09-13
ANSWER Tedex is not a licensed or regulated broker even though it states offers that look good to be true. Tedex claims to be operated by Vermillion Consulting LLC, a reliable broker registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1341 LLC 2021. We indeed find a match result to the company name, but please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide forex services. More importantly, the Austrian Financial Market Authority (FMA) and the Spain Comisión Nacional del Mercado de Valores (CNMV) both issued warnings against Tedex for not being authorized to provide the investment services. You can check full warnings from FMA and CNMV.The truth is, Tedex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Tedex and trade with licensed brokers.
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