Score

1.51 /10
Danger

10TradeFX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index7.00

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Holiway Investments Ltd.

Company Abbreviation

10TradeFX

Platform registered country and region

Cyprus

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 248/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

10TradeFX · Company summary

Note: 10TradeFX's official website: https://10tradefx.eu is normally inaccessible.

10TradeFX Information

10TradeFX is a brokerage company registered in Cyprus. While the broker's official website has been closed, so traders cannot obtain more security information.

Is 10TradeFX Legit?

10TradeFX is regulated by the Cyprus Securities and Exchange Commission(CYSEC) with Suspicious Clone status, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is 10TradeFX Legit?

Downsides of 10TradeFX

  • Unavailable Website

10TradeFX's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since 10TradeFX does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

The CYSEC regulates 10TradeFX. However, the Suspicious Clone status is less safe than a regulated one.

Conclusion

10TradeFX Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Suspicious Clone status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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User comment

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Comments

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yaoyao
more than one year
The company's website cannot be opened, and the regulatory license is also a clone. The only luck is that so far I haven't seen anyone claiming to be cheated. I hope everyone can stay vigilant!
The company's website cannot be opened, and the regulatory license is also a clone. The only luck is that so far I haven't seen anyone claiming to be cheated. I hope everyone can stay vigilant!
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2023-02-20 09:59
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