The UK regulator FCA identifies Broker2U Trade as a clone firm The Financial Conduct Authority (FCA) issued a warning against Broker2U Trade after finding this fraudulent firm using the details of a firm authorized by FCA to cheat people: https://www.fca.org.uk/news/warnings/broker2u-trade-https-wwwbroker2utradecom-clone-fca-authorised-appointed-representative
Broker2U Trade
VisitRisk Level - High
Broker2U Trade
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Broker2U Trade is an unregulated broker According to its website, it claims that regulated by Financial Conduct Authority (FCA), Bundesanstalt für Finanzdienstleistungsaufsicht (BAFIN), Commissione Nazionale per le Società e la Borsa (CONSOB). Upon our investigation, FCA identifies it as a clone firm and there is no matching information was found in BAFIN and CONSOB.The truth is that Broker2U Trade is not regulate by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, Broker2U Trade is a scam.
The UK FCA updates its warning against Broker2U Trade On November 29, 2023, the Financial Conduct Authority (FCA) updates its warning against Broker2U Trade by adding a new domain ("www.Broker2uTrade.co"). https://www.fca.org.uk/news/warnings/broker2u-trade-https-wwwbroker2utradecom-clone-fca-authorised-appointed-representative
BrokersView has identified that Broker2U Trade's website is currently offline BrokersView found that the domain "https://www.broker2utrade.com/;https://www.Broker2uTrade.co" are 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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