The UK regulator FCA has issued a warning against Arena GlobalFX The UK Financial Conduct Authority (FCA) issued a warning against Arena GlobalFX on Mar 23, 2023, revealing that this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/arena-globalfx
Arena GlobalFX
VisitRisk Level - High
Arena GlobalFX
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Arena GlobalFX is an unregulated broker Arena GlobalFX presents zero details on its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. In addition, the Financial Conduct Authority (FCA) has issued a warning against Arena GlobalFX, revealing the said firm is unauthorized.The truth is, Arena GlobalFX 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.
BrokersView has identified that Arena GlobalFX's website is currently offline BrokersView found that the domain "http://www.arenaglobal.asia/" 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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