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24XPLOITTRADE

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Operating status: SCAM

Website: https://www.24xploittrade.co.uk/

Broker violations and abnormal records
  • Apr 18, 2022 BrokersView has reviewed that 24XPLOITTRADE is an Unregulated Forex Broker

    24XPLOITTRADE claims to be a strictly regulated broker and regulated by multiple authorities, including:

    1) The UK Financial Conduct Authority (FCA);

    2) The Cyprus Securities and Exchange Commission (CySEC);

    3) The Financial Services Conduct Authority (FSCA).

    4) The Mauritius Financial Services Commission (FSC).

    However, searching in the above watchdogs' registry, we did not find any match results to 24XPLOITTRADE. Apparently, the regulation info this broker claims is a false statement for unsuspecting traders. 24XPLOITTRADE is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

  • Mar 18, 2024 BrokersView observes the shutdown of 24XPLOITTRADE's website

    The website 24xploittrade.co.uk cannot be reached currently, suggesting that 24XPLOITTRADE may have ceased operations under this domain name. However, there is a possibility that it reemerged under another brand or domain name to continue its fraudulent activities. Investors should exercise utmost caution.

    The website 24xploittrade.co.uk cannot be reached currently, suggesting that 24XPLOITTRADE may have ceased operations under this domain name. However, there is a possibility that it reemerged under another brand or domain name to continue its fraudulent activities. Investors should exercise utmost caution.

Related Complaints

Q&A

Will you recommend 24XLOITTRADE

Abu lahi
Argentina
Mar 19, 2024
ANSWER We strongly advise against using 24XPLOITTRADE, an unlicensed trading platform. Our investigation revealed that this platform was not regulated and had been misleading investors by providing false information about its regulatory status. This is both unethical and illegal.Currently, the website 24xploittrade.co.uk is not accessible, suggesting that they may have ceased operations under this domain. However, there is a possibility that they may re-emerge under a different brand name or domain to continue their fraudulent activities.We encourage investors to share more details about this scam with us. Your information will help us keep our review up-to-date and assist others in avoiding such scams.As you mentioned, it seems their intent is to defraud investors of their money. For anyone who has unfortunately fallen victim to such fraudulent schemes, BrokersView is here to help. It is recommended to submit your complaint through the provided link: https://www.brokersview.com/complaint. We have a dedicated section for investors who have been affected by these schemes.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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