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GlobalFXExpert

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Operating status: SCAM

Website: https://www.globalfxexpert.com/

Broker violations and abnormal records
  • Nov 01, 2023 The Seychelles FSA issued a Warning against GlobalFXExpert

    On 31 October 2023, the Financial Services Authority Seychelles (FSA) issued a warning that GlobalFXExpert was providing financial services or products without authorisation. You may visit: https://fsaseychelles.sc/media-corner/regulatory-updates/alert-unauthorized-use-of-websites-the-unlawful-website-12

    On 31 October 2023, the Financial Services Authority Seychelles (FSA) issued a warning that GlobalFXExpert was providing financial services or products without authorisation. You may visit: https://fsaseychelles.sc/media-corner/regulatory-updates/alert-unauthorized-use-of-websites-the-unlawful-website-12
  • Nov 01, 2023 BrokersView has Reviewed that ​GlobalFXExpert is an Unregulated Broker

    According to its website, it claims regulated by Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (Seychelles FSA). Upon investigation, there is no matching information was found in the regulators.

    In addition, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning that GlobalFXExpert was providing finacial services or products without authorisation.

    The truth is that GlobalFXExpert is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.

    Therefore, GolbalFXExpert is a scam.

    According to its website, it claims regulated by Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (Seychelles FSA). Upon investigation, there is no matching information was found in the regulators.In addition, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning that GlobalFXExpert was providing finacial services or products without authorisation.The truth is that GlobalFXExpert is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, GolbalFXExpert is a scam.

Related Complaints

Q&A

What currency pairs does GlobalFXExpert have?

Justin Adley
Brazil
Nov 14, 2023
ANSWER Given its unlicensed status, the trading conditions and assets offered by GlobalFXExpert are likely to be deceptive. Our research indicates that it carries substantial risks, and thus investors are strongly advised against engaging with it.GlobalFXExpert's provision of false regulatory information to mislead unwitting investors is a testament to its fraudulent nature. It falsely claims to be regulated by the Seychelles Financial Services Authority (Seychelles FSA) and the Cyprus Securities and Exchange Commission (CySEC). The latter regulator has issued a warning against it for conducting unlicensed investment activities.Therefore, investors must steer clear of GlobalFXExpert. Engaging with it could expose them to fraud and identity theft, with no regulatory protections in place. We recommend opting for fully regulated brokers to mitigate such significant risks.
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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.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.