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Pexotera

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Operating status: SCAM

Website: https://www.pexotera.com/

Broker violations and abnormal records
  • Mar 18, 2025 FSMA issued a warning against Pexotera

    On March 19, 2025, the Financial Services and Markets Authority (FSMA) issued a warning about Pexotera for the lack of the required authorization. https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud-0

    On March 19, 2025, the Financial Services and Markets Authority (FSMA) issued a warning about Pexotera for the lack of the required authorization. https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud-0
  • Mar 20, 2025 BrokersView has reviewed that Pexotera is an unregulated broker

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). What's more, the Financial Services and Markets Authority (FSMA) issued a warning about Pexotera for the lack of the required authorization. 

    In essence, Pexotera 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. Pexotera appears to be a scam.

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). What's more, the Financial Services and Markets Authority (FSMA) issued a warning about Pexotera for the lack of the required authorization. In essence, Pexotera 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. Pexotera appears to be a scam.

Related Complaints

Q&A

Pexotera a scam?

maksimgordeevfx
Australia
Apr 15, 2025
ANSWER Dear Investor, We strongly advise against engaging with Pexotera. While the company claims to be based in the UK, our investigation found no corresponding records in the Financial Conduct Authority (FCA) register. This raises serious doubts about its legitimacy. Moreover, the Financial Services and Markets Authority (FSMA) has issued a warning against Pexotera, highlighting that the company lacks the required authorization to provide financial services or products. Based on these findings, Pexotera exhibits clear signs of being a potential scam. To safeguard your financial security, we strongly recommend steering clear of this company.
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Do you suggest Pexotera?

Enid Montero
Laos
Mar 24, 2025
ANSWER Dear Investor, We recommend exercising extreme caution and suggest you avoid using Pexotera. We suspect that this is a potential scam. Pexotera claims to be located in the UK. However, investigations have revealed no matching information in the Financial Conduct Authority (FCA) database, raising serious doubts about its legitimacy. Additionally, the Financial Services and Markets Authority (FSMA) has issued a warning against Pexotera, advising against trading with the platform. Based on the evidence, Pexotera appears to be fraudulent. To protect your investments, stay away from Pexotera.
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