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FXDEAL ONLINE

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Operating status: SCAM

Website: https://fxdealonline.com/index.html

Broker violations and abnormal records
  • Jan 01, 2024 The FCA adds FXDEAL ONLINE to its warning list

    On January 2, 2024, the Financial Conduct Authority (FCA) issued a warning against FXDEAL ONLINE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxdeal-online

  • Jan 02, 2024 BrokersView has reviewed that FXDEAL ONLINE is an unregulated investment website

    FXDEAL ONLINE presents itself as a fully certified and licensed company under the name Forex Explore Limited with Company number 11188393 and is established in 2018. It claims to be registered in the US.

    To legally offer investment services in the US, including forex or other asset trading, FXDEAL ONLINE must be registered with the National Futures Association (NFA). However, a search of the NFA database reveals no matches for either "FXDEAL ONLINE" or "Forex Explore".

    It's important to highlight that the domain name fxdealonline.com was first registered in November 2023. This contradicts the company's claim of being established in 2018, a discrepancy often seen as a red flag for potential scams.

    Furthermore, the UK's financial regulator, the Financial Conduct Authority (FCA), has issued a warning against FXDEAL ONLINE, identifying it as an unauthorized firm operating in the UK.

    In essence, FXDEAL ONLINE 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.

    FXDEAL ONLINE appears to be a scam.

    FXDEAL ONLINE presents itself as a fully certified and licensed company under the name Forex Explore Limited with Company number 11188393 and is established in 2018. It claims to be registered in the US.To legally offer investment services in the US, including forex or other asset trading, FXDEAL ONLINE must be registered with the National Futures Association (NFA). However, a search of the NFA database reveals no matches for either "FXDEAL ONLINE" or "Forex Explore".It's important to highlight that the domain name fxdealonline.com was first registered in November 2023. This contradicts the company's claim of being established in 2018, a discrepancy often seen as a red flag for potential scams.Furthermore, the UK's financial regulator, the Financial Conduct Authority (FCA), has issued a warning against FXDEAL ONLINE, identifying it as an unauthorized firm operating in the UK.In essence, FXDEAL ONLINE 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.FXDEAL ONLINE appears to be a scam.
  • Dec 11, 2025 BrokersView has identified that FXDEAL ONLINE's website is currently offline

    BrokersView found that the domain "https://fxdealonline.com/index.html" 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://fxdealonline.com/index.html" 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.

Related Complaints

Q&A

I don't wanna trade on FXDEAL ONLINE, how do I delete the account?

Fotis Fijolek
Namibia
Mar 21, 2024
ANSWER For information on how to delete your account, it is advisable to reach out to the customer service of FXDEAL ONLINE. However, it's important to be aware that this broker is not regulated, and we strongly recommend that you withdraw your funds as soon as possible and cease all interactions with them to avoid potential losses.FXDEAL ONLINE, which claims to be based in the US, has its legitimacy and credibility under scrutiny. It is not registered with the National Futures Association (NFA) for its financial services. Furthermore, its unlicensed offerings have elicited a warning from the Financial Conduct Authority (FCA) in the UK.Given these circumstances, FXDEAL ONLINE is far from a secure choice, presenting substantial risks of fraud and identity theft. For a safer trading environment, it is advised to steer clear of FXDEAL ONLINE and opt for fully regulated brokers instead.
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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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