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ABSOLUTE FX TRADE

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA issues a warning against ABSOLUTE FX TRADE On September 27, 2023, the Financial Conduct Authority (FCA) issued a warning against ABSOLUTE FX TRADE, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/absolute-fx-trade-www-absolutefxtcom

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BrokersView has reviewed that ABSOLUTE FX TRADE is an unregulated broker ABSOLUTE FX TRADE claims to have an office in the UK and displays an incorporation certificate from the Companies House (CH) to support its legitimacy. However, mere registration with the CH doesn't mean being authorized to legally soliciting investors in the UK. Therefore, it is meaningless in this jurisdiction.Forex trading is uncertain and risky because of the complicated situation. Nobody can assure you of making profits all the time. But ABSOLUTE FX TRADE claims that they can secure the profit and offers investment plans that have different returns depending on how much you deposit. This is a common sign of a scam.Furthermore, the Financial Conduct Authority (FCA) has issued a warning against ABSOLUTE FX TRADE, identifying it as an unauthorized firm.In essence, ABSOLUTE FX TRADE 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. ABSOLUTE FX TRADE is unequivocally a scam.

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BrokersView has identified that ABSOLUTE FX TRADE's website is currently offline BrokersView found that the domain "https://absolutefxt.com/index.html" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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