ANSWER We strongly advise against opening an account with Realex Trading, an unregulated trading platform.Realex Trading misrepresents an unrelated registration number from the Companies House (CH) as a Financial Registration Number (FRN) from the Financial Conduct Authority (FCA), misleading investors. The FCA has refuted its claim about the oversight by issuing a warning against this website and highlighting the associated risks.Evidently, Realex Trading is a fraudulent platform posing significant risks to investors. To safeguard against fraud and identity theft, we recommend traders to avoid unlicensed brokers like Realex Trading. Instead, opt for fully regulated brokers with established reputations.
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