The UK FCA Added Beta FX Trade into Its Warnings On 4 Apr 2022, the FCA issued a warning that Beta FX Trade has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/beta-fx-trade
Beta FX Trade
VisitRisk Level - High
Beta FX Trade
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Beta FX Trade is an Unregulated Forex Broker Beta FX Trade shows its office address is in the United State. However, we did not find any match results to Beta FX Trade in the US National Futures Association (NFA). That means Beta FX Trade is not an approved broker to offer forex services in the US.Besides, Beta FX Trade claims it is authorized and regulated by multiple authorities, including:1) The UK Financial Conduct Authority (FCA);2) The Australian Securities & Investments Commission (ASIC);3) The Financial Services Conduct Authority (FSCA).However, we did not find any match results to Beta FX Trade in ASIC or FSCA. What's more, searching in FCA, we found this broker had already been blacklisted for providing financial services and products without authorization. That means Beta FX Trade is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
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