BrokersView has confirmed that World Express Trading Platform is not regulated.
World Express Trading Platform claims to be operated by P24O Ltd, a fake company repeatedly warned by the Malta Financial Services Authority (MFSA). This is a red flag.
The website of World Express Trading Platform showcases logos of different financial regulatory bodies, involving Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Financial Authority (AMF), and Italian Companies and Exchange Commission (CONSOB). By doing so, it attempts to imply that it possibly has any association with those watchdogs. However, none of these regulators has authorized World Express Trading Platform.
On top of the above lies, World Express Trading Platform claims to be regulated by the US Financial Services Authority. However, there is no such agency in the US.
The FCA also issued a warning against World Express Trading Platform, cautioning the public of the unauthorized firm.
Therefore, BrokersView has concluded that World Express Trading Platform. It is built on lies which strongly suggest its intent to defraud. Once investors' funds and personal information are held by the platform, there are no rules in place to protect them from fraud or theft. To avoid such a devastating situation, we strongly suggest investors steer clear of such unregulated platforms as World Express Trading Platform and instead choose a fully regulated one.
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