PhyxTrade
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Broker violations and abnormal records
On Jan 26, 2026, the Financial Conduct Authority (FCA) issued a warning regarding PhyxTrade, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/phyxtrade
On Jan 26, 2026, the Financial Conduct Authority (FCA) issued a warning regarding PhyxTrade, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/phyxtradeAccording to its website, it claims to be regulated in the UK and registered with both the Financial Crimes Enforcement Network (FinCEN) and the U.S. Securities and Exchange Commission (SEC). It is well known that FinCEN and SEC do not have the authority to regulate foreign exchange. Furthermore, the Financial Conduct Authority (FCA) issued a warning regarding PhyxTrade, suspecting that this company may be offering financial services or products without the necessary authorization.
In fact, PhyxTrade is not regulated by any authority. Therefore, PhyxTrade is a scam. 
According to its website, it claims to be regulated in the UK and registered with both the Financial Crimes Enforcement Network (FinCEN) and the U.S. Securities and Exchange Commission (SEC). It is well known that FinCEN and SEC do not have the authority to regulate foreign exchange. Furthermore, the Financial Conduct Authority (FCA) issued a warning regarding PhyxTrade, suspecting that this company may be offering financial services or products without the necessary authorization. In fact, PhyxTrade is not regulated by any authority. Therefore, PhyxTrade is a scam.
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