- Sep 07, 2023 The UK FCA issues a warning against FOREXCLAP
On September 8, 2023, the Financial Conduct Authority (FCA) issued a warning against FOREXCLAP, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/forexclap
- Sep 10, 2023 BrokersView has reviewed that FOREXCLAP is an unregulated broker
According to its website, FOREXCLAP has been in the forex trading business since 1990, but a domain lookup shows that "forexclap.com" was only registered in June 2022. This discrepancy raises a red flag.
FOREXCLAP is allegedly to be a UK-based company and has been licensed in this jurisdiction. However, the UK Financial Conduct Authority (FCA) has exposed its fraudulence by issuing a warning against the platform, cautioning the public of this unauthorized firm.
In essence, FOREXCLAP is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
FOREXCLAP is unequivocally a scam.
According to its website, FOREXCLAP has been in the forex trading business since 1990, but a domain lookup shows that "forexclap.com" was only registered in June 2022. This discrepancy raises a red flag.
FOREXCLAP is allegedly to be a UK-based company and has been licensed in this jurisdiction. However, the UK Financial Conduct Authority (FCA) has exposed its fraudulence by issuing a warning against the platform, cautioning the public of this unauthorized firm.
In essence, FOREXCLAP is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
FOREXCLAP is unequivocally a scam.
- Jul 06, 2025 BrokersView has identified that FOREXCLAP's website is currently offline
BrokersView found that the domain "https://www.forexclap.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.forexclap.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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