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BrightFxTrading

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA Added BrightFxTrading into Its Warnings On 1 Apr 2022, the FCA issued a warning that BrightFxTrading has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/bright-fx-trading

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BrokersView has reviewed that BrightFxTrading is an Unregulated Forex Broker BrightFxTrading claims it is a reliable broker and has experience for more than 12 years while presenting neither its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information is a big red flag for potential traders. Besides, checking this broker's domain, we found it was newly created on 9 Mar 2022. So where are its 12 years of experience from? It is a red flag here.BrightFxTrading shows its office address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. We did searching in FCA but only found this broker had already been blacklisted by FCA for providing financial services and products without authorization. The truth is BrightFxTrading is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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BrokersView has identified that BrightFxTrading's website is currently offline BrokersView found that the domain "https://www.brightfxtrading.online/" 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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