Abstract：Infy Fx Trade appears in the latest warnings list of the British financial regulator. For more information about the scam please check the following lines.
First and foremost, here is the recent warning against Infy Fx Trade issued by the Financial Conduct Authority (FCA) in the UK. This proves with complete certainty that this broker is not authorized to offer financial services in the UK – it actually implies that this is a scam scheme meant to deprive you of your money as soon as you invest it. Trading with such a broker would be an incredibly bad idea – also according to the FCA, one of the strictest financial regulators in the world. Take a look:
Things will surely go wrong if you get carried away by Infy Fx Trades seemingly lucrative trading conditions and make the mistake to deposit your funds with them. As clearly evident by the recent FCA warning, we are dealing with an outright scam, which on top of that appears to be virtually anonymous, because you should agree with us that you have no reason to trust anything a broker might claim, including if its purported London address is genuine or not, if you are not able to verify its identity in the registers of the respective regulatory institution, in this case the FCA in the UK.
Furthermore, according to its website, Infy Fx Trade promises access to a world-class trading platform. However, WikiFX could not establish the platform since we were not able to open an account. We filled out a registration form but after that, the brokers website malfunctioned and made it impossible for us to see what they actually had to offer – in terms of trading software or any other trading conditions.
Infy Fx Trade also promised quite decent trading conditions – but since we were not provided with the opportunity to open an account, we cannot confirm that these are the actual trading conditions the broker offers. Take whatever such fraudulent scam brokers say with a skeptical attitude – you can never be sure that their actual conditions would resemble the ones they promise.
Now let's search “Infy Fx Trade” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
As you can see, based on information given on WikiFX, Infy Fx Trade currently has no valid regulatory license and the score is rather negative - only 1.00/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.
Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers - the WikiFX compliance and audit team gives a quantitative assessment of the level of broker regulatory through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.
In conclusion, trusting a broker like Infy Fx Trade is simply not worth it – you will certainly end up robbed. The so-called brokerage is nothing more than an outright scam, which is in the spotlight of a recent investigation by the British financial authorities, who have already blacklisted the website for targeting UK customers without proper authorization.
WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
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