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AdmiralFX

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Risk Level - High

Scam Evidence & Warnings

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The Italy CONSOB Added AdmiralFX into Its Warnings On 15 Feb 2023, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that AdmiralFX is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-15-february-2023-warnings-/718268

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​BrokersView has reviewed that AdmiralFX is an Unregulated Forex Broker AdmiralFX claims to be an online financial trading platform owned by Admiral Markets UK Ltd, a company authorized and regulated by the Financial Conduct Authority (FCA) under FRN: 595450. We indeed found a match result to Admiral Markets UK Ltd. But as per the regulatory details shown on FCA, the only approved domain of this licensed firm is "https://www.admiralmarkets.com/" instead of the one used by AdmiralFX. That means AdmiralFX is high possibly a clone firm that falsely uses the regulatory information of an FCA-licensed firm.More importantly, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that AdmiralFX is not authorized to provide financial services. The truth is that AdmiralFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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BrokersView has identified that AdmiralFX's website is currently offline BrokersView found that the domain "https://admiralmarket-ecn.com/" 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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AdmiralFX is regulated???? AdmiralFX is not a regulated or licensed broker for traders even though it states offers that look good to be true.AdmiralFX claims to be an online financial trading platform owned by Admiral Markets UK Ltd, a company authorized and regulated by the Financial Conduct Authority (FCA) under FRN: 595450.We indeed found a match result to Admiral Markets UK Ltd. But as per the regulatory details shown on FCA, the only approved domain of this licensed firm is "https://www.admiralmarkets.com/" instead of the one used by AdmiralFX. That means AdmiralFX is high possibly a clone firm that falsely uses the regulatory information of an FCA-licensed firm.More improtantly, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that AdmiralFX is not authorized to provide financial services. You can check the full warning from here.The truth is, AdmiralFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AdmiralFX and trade with licensed brokers. View Source

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I have been cheated by AdmiralFX I deposited money, generated profit and when I wanted to withdraw it always required more money to withdraw and they never gave it to you View Source

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