The FCA issues a warning against AMERITFOREXTRADE On March 7, 2023, the Financial Conduct Authority (FCA) issued a warning against AMERITFOREXTRADE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/ameritforextrade
AMERITFOREXTRADE
VisitRisk Level - High
AMERITFOREXTRADE
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that AMERITFOREXTRADE is an unregulated broker AMERITFOREXTRADE falsely claims to be regulated by the Belize Financial Services Commission (Belize FSC), Commodity Futures Trading Commission (CFTC), the Cyprus Securities and Exchange Commission (CySEC), and Investment Industry Regulatory Organization of Canada (IIROC). We conducted a search in the registers of the aforementioned regulators but found no corresponding records, indicating that it is not regulated by them at all.In addition, the Financial Conduct Authority (FCA) has flagged AMERITFOREXTRADE as an unauthorized firm in the UK.In essence, AMERITFOREXTRADE is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.AMERITFOREXTRADE appears to be a scam.
BrokersView has identified that AMERITFOREXTRADE's website is currently offline BrokersView found that the domain "https://www.ameritforextrade.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.
AMERITFOREXTRADE scam or real? Dear Investor,Thank you for reaching out to us. We regret to inform you that AMERITFOREXTRADE appears to be a scam.The broker falsely claims to be multi-regulated, which significantly damages their reputation and credibility. Additionally, the Financial Conduct Authority (FCA) has issued a warning against AMERITFOREXTRADE due to their lack of required authorization.Therefore, we strongly advise you to avoid using AMERITFOREXTRADE because of its fraudulent nature. For a safer trading environment, we recommend opting for fully regulated brokers. View Source
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