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Clone Bux Markets

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Risk Level - High

Scam Evidence & Warnings

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The FCA flags the site buxtrmarkets.com On October 16, 2024, the website buxtrmarkets.com is flagged by the Financial Conduct Authority (FCA) for providing financial services or products in the UK without authorization. https://www.fca.org.uk/news/warnings/wwwbuxtrmarketscom-wwwbux-exchangetxcom-clone-fca-authorised-firm

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BrokersView has reviewed that the site buxtrmarkets.com is unregulated buxtrmarkets.com and bux-exchangetx.com falsely claim to be operated by APM Capital Markets Limited, an FCA-authorized company. In fact, fraudulent company has no connection with the compliant company. A careful comparison of the two websites shows that the fraudulent company even directly copied important information such as the compliant company's website design, regulatory certificates, etc. Moreover, the website buxtrmarkets.com is flagged by the Financial Conduct Authority (FCA) for providing financial services or products in the UK without authorization.What's even more ridiculous is, it claims to be regulated by the Financial Services Commission (Belize FSC). Upon investigation, no matching information was found in Belize FSC. In essence, buxtrmarkets.com 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.buxtrmarkets.com appears to be a scam.

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The FCA further identifies buxtrmarkets.com and the two associated URLs as clone firms On December 12, 2024, the Financial Conduct Authority (FCA) has updated its warning against the site buxtrmarkets.com. Meanwhile, the authority disclosed two associated URLs: bux-exchangetx.com and bux-exchangge.com. These sites copied licensing information of a real firm authorized by the FCA, APM Capital Markets Limited. They only replaced the subject of the licensing details with their own company name and misuse that to defraud unwitting investors. The FCA highlighted these points in its warning and alert investors to stay clear. https://www.fca.org.uk/news/warnings/wwwbuxtrmarketscom-wwwbux-exchangetxcom-wwwbux-exchanggecom-clone-fca-authorised-firm

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BrokersView has identified that Clone Bux Markets's website is currently offline BrokersView found that the domain "https://www.buxtrmarkets.com/" “https://www.bux-exchangetx.com/#/home” “https://www.bux-exchangge.com/#/home” 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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