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Does anyone know about Freserves? Is it safe?
Chandra Polaggari
Meksiko
2022-07-27
ANSWER Freserves is not a licensed or regulated broker even though it states offers that look good to be true. Freserves claims to be headquartered in the United Kingdom, however, we did not find any match results to Freserves in the registry of the UK regulator Financial Conduct Authority (FCA).More importantly, both the Cyprus Securities and Exchange Commission (CySEC) and FCA issued warnings against Freserves for being a broker to provide financial services and products without authorization and regulation. You can check full warnings from CySEC and FCA.The truth is, Freserves is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Freserves and trade with licensed brokers.
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I want to know the regulation of Freserves. Please check.
Mollliiiiiiiieeeee
Filipina
2021-11-20
ANSWER Freserves is NOT a legitimate broker and should be avoided at all events. Freserves claims to be headquartered in the UK, however, it is currently not regulated or overseen by any regulator when we checked on the UK's Financial Conduct Authority (FCA). That means investors' funds in this broker is unsafe and cannot be protected by any laws. What's worse, the Cyprus regulator CySEC and the UK's regulator FCA have successively added Freserves to the blacklist to warn the public that this firm has cloned the information of regulated entities. You can check full alert or warning from CySEC and FCA on Freserves respectively. As per the evidences above, our final conclusion is that Freserves is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers.
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Trading FX berisiko tinggi dan mungkin tidak cocok untuk semua investor. Leverage akan menimbulkan risiko dan kerugian tambahan. Sebelum melakukan trading, mohon pertimbangkan dengan cermat toleransi Anda terhadap risiko, tingkat pengalaman, dan tujuan investasi Anda. Anda mungkin kehilangan sebagian atau seluruh investasi awal Anda; jangan berinvestasi di luar kemampuan Anda. Edukasi diri Anda sendiri tentang risiko terkait trading FX. Jika Anda memiliki pertanyaan, silakan berkonsultasi dengan penasihat keuangan atau perpajakan independen. Semua data dan informasi disediakan "sebagaimana adanya" dan hanya untuk tujuan informasi, bukan untuk trading ataupun rekomendasi. Kinerja masa lalu bukanlah prediksi akan hasil di masa depan.

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Data yang terdapat dalam situs web ini mungkin tidak real-time dan akurat. Data dan harga di situs ini tidak mesti disediakan oleh pasar atau bursa, tetapi mungkin disediakan oleh pembuat pasar, sehingga harga mungkin tidak akurat dan berbeda dari harga pasar yang sebenarnya. Yaitu, harga ini merupakan harga indikatif hanya untuk mencerminkan tren pasar, dan tidak menguntungkan untuk tujuan trading. Penyedia data yang terdapat dalam Situs Web tidak bertanggung jawab atas kerugian apa pun yang Anda alami sebagai akibat dari aktivitas trading Anda atau ketergantungan pada informasi yang terkandung dalam Situs Web.