ANSWER Dear Investor,
We strongly advise against trading with Expert Forex Trade, as our research indicates that it is involved in identity fraud and operates as a fraudulent trading platform.
Our investigation has revealed that Expert Forex Trade is a clone firm impersonating the licensed broker FxOpen. A closer comparison between the two websites shows that Expert Forex Trade has nearly copied the content and graphic design of FxOpen, with only minor alterations to brand and company names. Additionally, the fraudulent website misuses FxOpen’s licensing number in an attempt to appear legitimate.
This deceptive practice has drawn the attention of the Financial Conduct Authority (FCA), the UK’s major financial regulator, which has flagged Expert Forex Trade as a clone company to raise public awareness.
Given these findings, Expert Forex Trade is undoubtedly a fraudulent trading platform. To safeguard your investments and personal information, we strongly recommend staying away from this deceptive broker.
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