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24xforex

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Risk Level - High

Scam Evidence & Warnings

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The UK regulator FCA added 24xforex into its blacklist The UK's Financial Conduct Authority (FCA) added 24xforex to its warning list, claiming that the company was targeting people in the UK without authorization from them: https://www.fca.org.uk/news/warnings/24xforex-paco-world-system-ltd

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The Spanish regulator CNMV added 24xforex into the unregistered firm alert The Spanish National Securities Market Commission (CNMV) warned the public that the firm is not authorised to provide the investment services in the country: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=24xforex

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The Belgian regulator FSMA issued a warning on 24xforex The Belgian Financial Services and Markets Authority (FSMA) added 24xforex to its Fraudulent online trading platforms and strongly advised against responding to any offers of financial services made by this broker :https://www.fsma.be/en/warnings/fsma-identifies-new-fraudulent-online-trading-platforms-0

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BrokersView has reviewed that 24xforex is an unregulated forex broker BrokersView found the domain http://www.spmarket24.com is temporarily unavailable, as most probably it was suspended and it is always a bad sign when a broker's website is suspended.As per the information we hold, 24xforex is an unauthorized broker flagged by several regulators, including the UK's FCA, Spanish CNMV and Belgian FSMA. Therefore, 24xforex is a scam that operates without regulation and permission.

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BrokersView has Found that 24xforex is not Working On 8 Jul 2022, BrokersView found the domain https://24xforex.com/ is not working, as most probably it was suspended and it is always a bad sign that broker's website is suspended.

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crest finance limited llc You mentioned two brokers, namely 24xforex and Crest finance limited. We conducted an investigation into these two brokers and found:1) 24xforex is not relevant to Crest finance limited;2) Both 24xforex and Crest finance limited are scams you should stay away from.24xforex is a scamWe have reviewed that 24xforex is an unregulated forex broker warned by multiple regulators, including FCA, CNMV and FSMA.Crest finance limited is a scamWe found that Crest finance limited used to be a registered firm with the Companies House (CH). However, the company status is abnormal and and the official company status is dissolved. Moreover, CH is merely the UK's registrar of companies, not the regulator that approves licenses for brokers in the UK. The truth is that we have found no regulatory information about Crest Financial on the UK Regulator's (FCA) online registry. So Crest finance limited is not regulated by any financial regulator. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a complete scam.Brokersview Reminder:We strongly recommend traders stay alert when dealing with unlicensed brokers as these brokers don't abide by laws and principles of operating. This means that once suffering scams during the transactions with unregulated brokers, investors are at high risks of losing money. Because unregulated brokers will not be punished by financial regulators. In other words, investors' complaints about unregulated brokers will seldom be accepted by regulators.As for your situation, we advise you to report this scam to your local authorities or the police, and try to get help from them. View Source

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Hi, I want to trade with this broker, is this a regulated platform? 24xforex is an uregulated broker even though it states offers that look too good to be true.As we tried to access its website through the link mentioned in your question, we found that the domain "24xforex.com" is for sale. That is a bad sign for brokers since there may be no safeguards in place to prevent fraud or theft. In addition, as per relevant information we recorded, 24xforex has been warned by various authorities, including the UK's Financial Conduct Authority (FCA), the Spanish National Securities Market Commission (CNMV), and the Belgium Financial Services and Markets Authority (FSMA). You can check these full warning in the following links:1) FCA warning2) CNMV warning3) FSMA warningRegarding your question, 24xforex is an unregulated broker. Letting this broker hold and control your funds or trading with them is very risky. We would suggest investors stay away from such unlicensed brokers as 24xforex and trade with fully regulated brokers. View Source

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