The UK FCA Warns that BgcpartnersFX is a Clone Firm On 11 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BgcpartnersFX 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/bgcpartnersfx-clone-fca-authorised-firm-clone-fca-authorised-firm
BgcpartnersFX
VisitRisk Level - High
BgcpartnersFX
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that BgcpartnersFX is an Unregulated Forex Broker BgcpartnersFX claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.The regulator warned that BgcpartnersFX 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. The truth is that BgcpartnersFX 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 found that BgcpartnersFX's domain is not working On 18 Nov 2022, BrokersView found that the domain of BgcpartnersFX (https://bgcpartnerfx.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.
The UK FCA Warns BgcpartnersFX Again On 12 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BgcpartnersFX 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/bgcpartnersfx-clone-fca-authorised-firm-clone-fca-authorised-firm
BrokersView has Found that BgcpartnersFX is Using a New Domain BrokersView has found that BgcpartnersFX is using a new domain, https://www.bgcpartnersfx.net/, to scam.
BrokersView has identified that BgcpartnersFX's website is currently offline BrokersView found that the domain "https://www.bgcpartnersfx.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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