The UK regulator FCA issued a warning against CLOUDFXCOIN On May 12, 2023, the Financial Conduct Authority (FCA) issued a warning against CLOUDFXCOIN, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/cloudfxcoin
CLOUDFXCOIN
VisitRisk Level - High
CLOUDFXCOIN
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that CLOUDFXCOIN is an unregulated broker CLOUDFXCOIN claims to be owned and operated by Cloudfxcoin Ltd. regulated by many regulatory bodies, including the Mauritius Financial Services Commission (Mauritius FSC), the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Conduct Authority (FSCA). However, our investigation about this broker's regulatory status doesn't support that claim. This means that it is misrepresenting itself to fool investors. In addition, the FCA has issued a warning against CLOUDFXCOIN for illegally offering financial products or services.In essence, CLOUDFXCOIN is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView has identified that CLOUDFXCOIN's website is currently offline BrokersView found that the domain "https://www.cloudfxcoin.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.
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