The UK FCA Warns that AZTrading24 is a Clone Firm n 26 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that AZTrading24 was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/aztrading24com-clone-fca-authorised-firm
AZTrading24
VisitRisk Level - High
AZTrading24
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that AZTrading24 is an Unregulated Forex Broker AZTrading24 claims to be authorized and regulated by the United Kingdom Financial Conduct Authority (FCA) as the name of "AZ Financial Solutions Ltd." However, since the licensed company does not show any important regulatory details in the FCA, such as "company website and company email". We are 100% sure that this broker is associated with the licensed company.More importantly, FCA issued a warning against AZTrading24 for being a clone firm, which falsely used the details of firms the UK FCA authorized to try to convince people that it works for a genuine, authorized firm.The truth is, AZTrading24 is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
BrokersView has identified that AZTrading24's website is currently offline BrokersView found that the domain "https://aztrading24.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.
Does it offer Swap-free accounts? AZTrading24 is not a licensed or regulated broker even though it states offers that look good to be true. AZTrading24 claims to be authorized and regulated by the United Kingdom Financial Conduct Authority (FCA) as the name of "AZ Financial Solutions Ltd." However, since the licensed company does not show any important regulatory details in the FCA, such as "company website and company email". We are 100% sure that this broker is associated with the licensed company.More importantly, FCA issued a warning against AZTrading24 for being a clone firm, which falsely used the details of firms the FCA authorized to try to convince people that it works for a genuine, authorized firm. You can check the full warning from here.The truth is, AZTrading24 is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AZTrading24 and trade with licensed brokers. View Source
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