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Unique FXMT Trades
On December 27, 2023, the Financial Conduct Authority (FCA) issued a warning against Unique FXMT Trades, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/unique-fxmt-trades
On December 27, 2023, the Financial Conduct Authority (FCA) issued a warning against Unique FXMT Trades, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/unique-fxmt-tradesUnique FXMT Trades purports to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), even displaying images of relevant certificates to substantiate its claims.
However, our investigation indicates that it is not a regulated entity. The FCA has flagged Unique FXMT Trades as an unauthorized firm in the UK, contradicting its claim of being regulated by them. Furthermore, no corresponding results were found in the CySEC register or the National Futures Association (NFA) database.
Adding to the concerns, Unique FXMT Trades falsely asserts on its fabricated FCA license that it is the trading name of Forex.com, a regulated forex broker. However, there are no official documents to support this assertion.
In summary, Unique FXMT Trades is not regulated by any governing body. It is highly risky to entrust them with investors' funds due to the absence of legal protections to safeguard these funds. Therefore, Unique FXMT Trades appears to be fraudulent.
Unique FXMT Trades purports to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), even displaying images of relevant certificates to substantiate its claims.However, our investigation indicates that it is not a regulated entity. The FCA has flagged Unique FXMT Trades as an unauthorized firm in the UK, contradicting its claim of being regulated by them. Furthermore, no corresponding results were found in the CySEC register or the National Futures Association (NFA) database.Adding to the concerns, Unique FXMT Trades falsely asserts on its fabricated FCA license that it is the trading name of Forex.com, a regulated forex broker. However, there are no official documents to support this assertion.In summary, Unique FXMT Trades is not regulated by any governing body. It is highly risky to entrust them with investors' funds due to the absence of legal protections to safeguard these funds. Therefore, Unique FXMT Trades appears to be fraudulent.
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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.