The FCA issues a warning against CUSTOM TRADE On July 17, 2024, the Financial Conduct Authority (FCA) issued a warning against CUSTOM TRADE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/custom-trade-customtradeinfo
CUSTOM TRADE
VisitRisk Level - High
CUSTOM TRADE
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that CUSTOM TRADE is an unregulated broker CUSTOM TRADE established its online presence utilizing a website template that is commonly associated with fraudulent activities. This template provides pre-written content and graphics for a quick setup, including a baseless claim of being in partnership with the London Stock Exchange. In fact, CUSTOM TRADE, an allegedly UK-based company, hasn't provided any convincing evidence of its legitimacy and its unauthorized operations have also been warned by the UK's Financial Conduct Authority (FCA).In essence, CUSTOM TRADE 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.CUSTOM TRADE appears to be a scam.
Can I trade with CUSTOM TRADE? No, investors should stay away from CUSTOM TRADE, an unregulated broker.This company is flagged by the Financial Conduct Authority (FCA) for the lack of authorization in the UK. This is a big warning sign and indicates that the alleged partnership with the London Stock Exchange is also untrustworthy.In light of this, CUSTOM TRADE cannot be trusted and investors should avoid such unregulated brokers to protect themselves from potential fraud schemes. It is recommended to choose fully regulated brokers instead. View Source
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