Scan to download
It is more convenient and faster to find brokers and complain
Operating status: SCAM
Website: https://www.thestreetfx.com/
On 9 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that The Street Fx is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/street-fx
The Street Fx claims it has been a prominent member of the forex industry since 5 years ago. However, we checked its domain and found the domain had been created in this year. Where does the 5-year-of-experiences come from? It is a red flag.
The Street Fx also claims to be incorporated in Saint Vincent and the Grenadines. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) but found no matching results. Besides, SVG FSA does not regulate forex brokers or issue forex licenses. Therefore, having the registration does not mean being authorized to provide financial services.
Moreover, The Street Fx locates in the UK, according to its webpage. As per United Kingdom law, 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 broker in UK FCA.
The truth is that The Street Fx 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.
BrokersView found the domain "https://www.thestreetfx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
©2018-2024 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.