The FCA adds Coretradesindex to its warning list On March 22, 2024, the Financial Conduct Authority (FCA) issued a warning against Coretradesindex, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/coretradesindex

BrokersView has reviewed that Coretradesindex is an unregulated broker While Coretradesindex claims to be located in the UK, there is no indications that it is registered with the Financial Conduct Authority (FCA). To underscore its unlicensed status and the substantial risks it poses, the FCA has issued a warning against Coretradesindex, flagging it as an unauthorized firm in the UK.What's more, the platform provides a business license issued by a US government. However, its business requires it to be registered a member of the National Futures Association (NFA). Our check with the NFA suggests that it is not a member of the NFA and thus not subject to its oversight.In essence, Coretradesindex 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.Coretradesindex appears to be a scam.

BrokersView has identified that Coretradesindex's website is currently offline BrokersView found that the domain "https://www.coretradesindex.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.