- Jul 11, 2022 The UK FCA Warned CPT Markets & Trades is a Clone Firm
On 12 July 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CPT Markets & Trades is using the details of firms they authorise to try to convince people that it works for a genuine, authorised firm. This makes the unauthorised firm appear as if it is regulated and is typically part of a scam. You may visit: https://www.fca.org.uk/news/warnings/cpt-markets-trades-cpttradescom-clone-fca-authorised-firm
- Jul 12, 2022 BrokersView has Reviewed that CPT Markets & Trades is an Unregulated Forex Broker
CPT Markets & Trades claims to be a reliable broker under double regulations. One of the regulators this broker mentioned named "the Belize International Financial Services Commission". However, the authority that regulates forex activities and issues forex license in Belize is the Belize Financial Services Commission (Belize FSC). We searched the Belize FSC and found no matching result.
CPT Markets & Trades also claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA) with license number 6707165 and 606110. Appearently, it is impossible that a regulated firm has two reference numbers in UK FCA. It is a red flag. We searched the two numbers and found that the former is invalid and the latter belongs to another firm named CPT MARKETS UK LIMITED. And the approved website is "www.cptmarkets.co.u" instead of "www.cpttrades.com".
Moreover, the UK FCA issued a warning that CPT Markets & Trades is using the details of firms they authorise to try to convince people that they work for a genuine, authorised firm.
These proof make it clear: CPT Markets & Trades is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
CPT Markets & Trades claims to be a reliable broker under double regulations. One of the regulators this broker mentioned named "the Belize International Financial Services Commission". However, the authority that regulates forex activities and issues forex license in Belize is the Belize Financial Services Commission (Belize FSC). We searched the Belize FSC and found no matching result.
CPT Markets & Trades also claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA) with license number 6707165 and 606110. Appearently, it is impossible that a regulated firm has two reference numbers in UK FCA. It is a red flag. We searched the two numbers and found that the former is invalid and the latter belongs to another firm named CPT MARKETS UK LIMITED. And the approved website is "www.cptmarkets.co.u" instead of "www.cpttrades.com".
Moreover, the UK FCA issued a warning that CPT Markets & Trades is using the details of firms they authorise to try to convince people that they work for a genuine, authorised firm.
These proof make it clear: CPT Markets & Trades is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
- Jul 18, 2022 BrokersView has Found that CPT Markets & Trades is Not Working
On 19 July 2022, BrokersView found the domain www.cpttrades.com is not working, as most probably it was suspended and it is always a bad sign that broker's website is suspended.
On 19 July 2022, BrokersView found the domain www.cpttrades.com is not working, as most probably it was suspended and it is always a bad sign that broker's website is suspended.
- Aug 09, 2022 BrokersView Has Found that CPT Markets & Trades is Using a New Domain
BrokersView found that CPT Markets & Trades is using a new domain "https://www.tradefrx.com/" to scam.
BrokersView found that CPT Markets & Trades is using a new domain "https://www.tradefrx.com/" to scam.
- Aug 08, 2022 The UK FCA Warned CPT Markets & Trades Again
On 9 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a new warning that CPT Markets & Trades is using the details of firms they authorise to try to convince people that it works for a genuine, authorised firm. This makes the unauthorised firm appear as if it is regulated and is typically part of a scam. You may visit: https://www.fca.org.uk/news/warnings/cpt-markets-trades-cpttradescom-clone-fca-authorised-firm
On 9 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a new warning that CPT Markets & Trades is using the details of firms they authorise to try to convince people that it works for a genuine, authorised firm. This makes the unauthorised firm appear as if it is regulated and is typically part of a scam. You may visit: https://www.fca.org.uk/news/warnings/cpt-markets-trades-cpttradescom-clone-fca-authorised-firm
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