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Altrean Trade Fx

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Risk Level - High

Scam Evidence & Warnings

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The UK regulator FCA added Altrean Trade Fx to warning list The Financial Conduct Authority (FCA) issued a warning against Altrean Trade Fx on Mar 13, 2023 after finding this broker potentially providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/altrean-trade

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BrokersView has reviewed that Altrean Trade Fx is an unlicensed broker Altrean Trade Fx claims to be owned and operated by Altrean Trade Limited. It claims to hold the certificate of incorporation given by Companies House under Company number 621003085.But it should be noted that Companies House is the United Kingdom's registrar of companies and has no legal authority to issue forex licenses or regulate forex activities.Additionally, when we read the information on this broker's website, we noticed its address was in Switzerland. According to rules and laws, Altrean Trade Fx shall be regulated by Swiss Financial Market Supervisory Authority (FINMA). However, our search for this broker on FINMA's website did not yield any results.The truth is, Altrean Trade Fx 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 Altrean Trade Fx's website is currently offline BrokersView found that the domain "http://www.altreantrade-fx.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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