Scan to download
It is more convenient and faster to find brokers and complain
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 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/
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.
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 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
BrokersView has found that Tedex is using a new domain, https://tedex.live/, to scam.
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.
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
©2018-2023 BrokersView Ltd. All Rights Reserved.
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.
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.