BrokersView has reviewed that Effortwe Global is an unregulated forex broker Effortwe claims that it is a global online foreign exchange and differential broker registered and supervised in many countries without presenting any details about its trading license and contact information. According to the location shown on its MT5 software, this broker, operated by EFFORTWE GLOBAL LIMITED, is a UK-based company registered with Companies House. However, Companies House is only the United Kingdom's companies registrar. It is not a regulator that approves licenses for the brokers in the UK. The truth is, there is no regulatory information about Effortwe can be found on the UK's Financial Conduct Authority (FCA) online registry, as well as on any other financial regulators' websites. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

BrokersView has found that Effortwe is not working BrokersView found the domain https://www.effortwe365.com/ is not working, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.

Is Effortwe licensed? Effortwe is NOT a licensed broker. This broker claims to be a global online foreign exchange and differential broker registered and supervised in many countries without presenting any details about its trading license and contact information. The lack of information (or false information) about the broker's regulation, contact details and requisite legal documents is always the biggest bad sign for potential traders. According to the location shown on its MT5 software, this broker, operated by EFFORTWE GLOBAL LIMITED, is a UK-based company registered with Companies House. However, Companies House is only the United Kingdom's registrar of companies, it is not the regulator that approves licenses for the brokers in the UK. The truth is, there is no regulatory information about Effort can be found on the UK's Financial Conduct Authority (FCA) online registry, as well as on any other financial regulators' websites. Our final conclusion is that Effortwe is thoroughly a scam on account of running the business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers. View Source