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Broker Check Future Wealth FX, thanks.
Ethan Melua
中國
2024-12-10
ANSWER Dear Investor, Thank you for reaching out to us. We suspect that Future Wealth FX is a scam. Future Wealth FX presents itself as an offshore trading platform. It is critical to note that offshore areas often have lax regulation and provide minimal protections for investors. The firm doesn't disclose any valid licensing information to prove its legitimacy and compliance, which is a red flag. The British Columbia Securities Commission (BCSC) has issued a warning about Future Wealth FX for soliciting clients there without authorization. Therefore, Future Wealth FX is not reliable and may even be illegal. We strongly suggest you avoid using this unlicensed platform. For a safer trading environment and peace of mind, it is recommended to go with fully regulated brokers instead.
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How about Future Wealth FX? Safe or not?
Christian Wealth
意大利
2024-07-18
ANSWER Future Wealth FX is not safe.According to its website, Future Wealth FX is located in Singapore. However, our investigation found no matching information in the Monetary Authority of Singapore (MAS) registry.Additionally, the British Columbia Securities Commission (BCSC) has issued a warning against Future Wealth FX, stating that it is not registered to trade in, or advise on, securities or derivatives in British Columbia. This is a significant warning sign.In light of this, Future Wealth FX is far from being a secure option for traders. Investors should exercise extreme caution and stay away from it to protect themselves from potential fraud schemes. It is wise to opt for fully regulated brokers instead.
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