
On August 10, 2023, the Financial Conduct Authority (FCA) issued a warning against FXRage, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/fxrage
FXRage's claim that it is regulated by the Financial Conduct Authority (FCA) is unfounded, as evidenced by the FCA warning.
Furthermore, while it claims to be regulated by the Financial Sector Conduct Authority (FSCA) and the Australian Securities and Investments Commission (ASIC), FXRage turns out to be a fake platform as there isn't any matching result in the registers of the aforementioned regulators.
In essence, FXRage 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. It is unequivocally a scam.
FXRage's claim that it is regulated by the Financial Conduct Authority (FCA) is unfounded, as evidenced by the FCA warning.
Furthermore, while it claims to be regulated by the Financial Sector Conduct Authority (FSCA) and the Australian Securities and Investments Commission (ASIC), FXRage turns out to be a fake platform as there isn't any matching result in the registers of the aforementioned regulators.
In essence, FXRage 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. It is unequivocally a scam.
BrokersView found that the domain "https://www.fxrage.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.fxrage.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.
