Financial Commission Adds FxTradePlatform to Warning List - BrokersView

Financial Commission Adds FxTradePlatform to Warning List

Oct 21, 2021


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The Financial Commission, an external dispute resolution (EDR) body dedicated specifically to FX, announced on Wednesday the addition of the trading platform FxTradePlatform to its Warning List.

The Commission elaborated that it has been notified by concerned traders regarding the company FxTradePlatform and its associated website. Upon reviewing the submitted information from potential customers of this broker, the authority has determined that the indicated company and associated website were suspicious of being used to scam and defraud traders and investors,

Based on the information offered on FxTradePlatform's website, the firm claims to be Prime-X, a licensed and regulated trading and investment platform launched in 2013 that serves over 1,000,000 customers globally.

In light of the aforementioned information, the Financial Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps.