简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:As a scammer, FXTM Investment Option pretends to help investors to avoid scams.
How ironic is it! Some confiding investors may believe the scammer because of the quibble on its website. However, no matter what the fraudster says, it cannot change the fact that FXTM Investment Option is a scam. And here we are going to show you the strong proof.
No Registration & Regulation
FXTM Investment Option firstly claims to be registered with Companies House of United Kingdom (CH) with registration number 13810415. The number belongs to another company named Shelley Building and Contracting Limited, according to the CH register. In another word, the scammer does not register in the UK.
The scam also claims to be regulated by several forex regulators, including:
1) the Gibraltar Financial Services Commission (GFSC);
2) the United Kingdom Financial Conduct Authority (UK FCA);
3) the Cyprus Securities and Exchange Commission (CySEC);
4) the Australian Securities & Investment Commission (ASIC).
First, we searched GFSC and found nothing that matched FXTM Investment Option. Besides, please remember that GFSC does not regulate forex brokers or help to settle disputes between investors and broker
At the same time, we did not find any results that matched this company in CySEC or ASIC. The entity is not regulated by the regulators.
What's more, UK FCA warned that FXTM Investment Option provides financial services without authorization. In this situation, your funds cannot be protected by any laws.
Indulge in Sophistry
“Avoid Scam” on the website of scam makes the fraud ironic.
The scammer claims that no matter how many efforts it made, there always will be people who think it is a scam. And it implies that those who accuse it of being a scam are the people who failed in investment. It also lists some other excuses to prove the website is not a scam.
However, the forex regulators have already given us the answer that FXTM Investment Option is a scam indeed.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
INFINOX celebrates 15 years of success as a global leader in CFD and Forex trading, expanding its reach and empowering traders through innovative multi-asset platforms.
ATFX upgrades MT4/MT5 servers at Equinix Hong Kong and London, boosting low-latency trading, enhancing global network performance, and optimizing infrastructure.
ICE Futures U.S. recently announced the settlement of charges against StoneX Financial Inc. related to potential violations of the Exchange Rule, which prohibits trade practices such as wash sales and prearranged trades. These charges were connected to an incident that occurred on April 27, 2023, where an employee of StoneX allegedly placed opposing buy and sell orders in the Cocoa Futures spread market.
The Labuan Financial Services Authority (LFSA) has introduced new restrictions on locally regulated forex and contracts for differences (CFDs) brokers, limiting their offerings to currency-related instruments such as spot FX and CFDs on foreign exchange.