The UK FCA Added Auto FX Trade into Its Warnings On 2 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Auto FX Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/auto-fx-trade
Auto FX Trade
VisitRisk Level - High
Auto FX Trade
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that Auto FX Trade is an Unregulated Forex Broker Auto FX Trade claims to be registered with "UFSA" (Not a forex regulator) and regulated by the Mauritius Financial Services Commission (Mauritius FSC), Cyprus Securities and Exchange Commission (CySEC), the Financial Services Conduct Authority (FSCA) of South Africa, and the United Kingdom Financial Conduct Authority (UK FCA).However, we did not find any matching results in Mauritius FSC, CySEC, or FSCA. That means the broker is not authorized by them to provide financial services or products. Moreover, FCA issued a warning that Auto FX Trade was providing financial services or products in the UK without authorisation.The truth is that Auto FX Trade 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 Auto FX Trade's website is currently offline BrokersView found that the domain "autofxtrade.net" 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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