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Altprofx

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA Added Altprofx into Its Warnings On 15 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Altprofx is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/altprofx

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BrokersView has Reviewed that Altprofx is an Unregulated Forex Broker Altprofx claims to be a regulated broker without presenting specific information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, Altprofx claims to be awarded in 2017 and 2019. However, by checking its domain, we found the domain had been created in this year. How could it win awards before 2022? Here is another red flag. Altprofx also claims to be located in the USA. So we searched the National Futures Association (NFA) of the United States but found no matching results. In other words, Altprofx is not authorized by NFA to provvide financial services. Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Altprofx is providing financial services or products in the UK without authorisation.The truth is that Altprofx 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 found that Altprofx is not working BrokersView found the domain "https://altprofx.org/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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