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World Express Trading Platform

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Operating status: SCAM

Website: https://www.worldexpresstradingplatform.com/

Broker violations and abnormal records
  • 2023-08-06 The UK FCA issues a warning against World Express Trading Platform

    On August 7, 2023, the Financial Conduct Authority (FCA) issued a warning against World Express Trading Platform, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/world-express-trading-platform

    On August 7, 2023, the Financial Conduct Authority (FCA) issued a warning against World Express Trading Platform, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/world-express-trading-platform
  • 2023-08-07 BrokersView has reviewed that World Express Trading Platform is an unregulated broker

    World Express Trading Platform claims to be operated by P24O Ltd, a company the Malta Financial Services Authority (MFSA) has repeatedly warned that it is not regulated by the MFSA. We also searched for this company in the MFSA register, but no records matching it exist.

    World Express Trading Platform displays logos of the Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), the Financial Authority (AMF), and the Italian Companies and Exchange Commission (CONSOB). However, none of these regulators has authorized World Express Trading Platform.

    Furthermore, World Express Trading Platform claims to be regulated by the US Financial Services Authority. However, there isn't such an authority in the US.

    The FCA also issued a warning against World Express Trading Platform, cautioning the public of the this unauthorized firm.

    In essence, World Express Trading Platform is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    World Express Trading Platform claims to be operated by P24O Ltd, a company the Malta Financial Services Authority (MFSA) has repeatedly warned that it is not regulated by the MFSA. We also searched for this company in the MFSA register, but no records matching it exist.World Express Trading Platform displays logos of the Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), the Financial Authority (AMF), and the Italian Companies and Exchange Commission (CONSOB). However, none of these regulators has authorized World Express Trading Platform.Furthermore, World Express Trading Platform claims to be regulated by the US Financial Services Authority. However, there isn't such an authority in the US.The FCA also issued a warning against World Express Trading Platform, cautioning the public of the this unauthorized firm.In essence, World Express Trading Platform is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

I want to know whether World Express Trading Platform is regulated. Could you please comfirm for me?

Mary Jane
Gibraltar
2023-08-31
ANSWER BrokersView has confirmed that World Express Trading Platform is not regulated.World Express Trading Platform claims to be operated by P24O Ltd, a fake company repeatedly warned by the Malta Financial Services Authority (MFSA). This is a red flag.The website of World Express Trading Platform showcases logos of different financial regulatory bodies, involving Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Financial Authority (AMF), and Italian Companies and Exchange Commission (CONSOB). By doing so, it attempts to imply that it possibly has any association with those watchdogs. However, none of these regulators has authorized World Express Trading Platform.On top of the above lies, World Express Trading Platform claims to be regulated by the US Financial Services Authority. However, there is no such agency in the US.The FCA also issued a warning against World Express Trading Platform, cautioning the public of the unauthorized firm.Therefore, BrokersView has concluded that World Express Trading Platform. It is built on lies which strongly suggest its intent to defraud. Once investors' funds and personal information are held by the platform, there are no rules in place to protect them from fraud or theft. To avoid such a devastating situation, we strongly suggest investors steer clear of such unregulated platforms as World Express Trading Platform and instead choose a fully regulated one.
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