The FCA issues a warning against Century21 Trades On May 13, 2024, the Financial Conduct Authority (FCA) issued a warning against Century21 Trades, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/century21-trades-century21tradescom
Century21 Trades
VisitRisk Level - High
Century21 Trades
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Century21 Trades is an unregulated broker Century21 Trades claims to be regulated by the Financial Conduct Authority (FCA). However, this statement has been refuted by the FCA. The UK's financial regulator flags Century21 Trades as an entity providing financial services without their authorization. This contradiction is a red flag.While Century21 Trades claims to be located in the US, there are no indications that it is registered with the National Futures Association (NFA).In essence, Century21 Trades is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Century21 Trades appears to be a scam.
BrokersView has identified that Century21 Trades' website is currently offline BrokersView found that the domain "https://century21trades.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.
Is Century21 Trades really regulated by the FCA? Contrary to its claimed regulatory information, Century21 Trades is not regulated by the Financial Conduct Authority (FCA). The UK's financial watchdog has issued a warning against Century21 Trades, stating that it is not authorized by them to offer financial services.This company, which allegedly is based in the US, also hasn't registered with the National Futures Association (NFA), further indicating its non-compliance.Given this situation, investors dealing with Century21 Trades run the risk of losing funds to potential fraudulent activities. Without regulatory oversight, their money is not protected and is difficult to recover if any issues arise. To reduce such risks, investors are strongly advised to steer clear of unlicensed brokers like Century21 Trades and instead choose fully regulated ones. View Source
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