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UXTrades

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Operating status: SCAM

Website: https://uxtrades.com/

Broker violations and abnormal records
  • 2022-09-13 The Belgium FSMA Added UXTrades into Its Warnings

    On 14 Sep, the Belgian Financial Services and Markets Authority (FSMA) identified that *** is a fraudulent online trading platform. You may visit: https://www.fsma.be/en/warnings/fsma-identifies-new-fraudulent-online-trading-platforms-2


    On 14 Sep, the Belgian Financial Services and Markets Authority (FSMA) identified that *** is a fraudulent online trading platform. You may visit: https://www.fsma.be/en/warnings/fsma-identifies-new-fraudulent-online-trading-platforms-2
  • 2022-09-18 BrokersView has Reviewed that UXTrades is an Unregulated Forex Broker

    UXTrades claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    UXTrades also claims to be located in the UK. 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 did not find any matching results in UK FCA.

    In addtion, the Belgian Financial Services and Markets Authority (FSMA) identified that *** is a fraudulent online trading platform. 

    The truth is that UXTrades 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.

    UXTrades claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. UXTrades also claims to be located in the UK. 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 did not find any matching results in UK FCA.In addtion, the Belgian Financial Services and Markets Authority (FSMA) identified that *** is a fraudulent online trading platform. The truth is that UXTrades 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.
  • 2022-12-06 BrokersView has found that UXTrades is not working

    BrokersView found the domain "https://uxtrades.com/" 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://uxtrades.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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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:

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