Abstract:FXLeader is an unregulated brokerage company registered in Saint Vincent and the Grenadines. While the broker's official website has been closed, so traders cannot obtain more security information.
Note: FXLeader's official website: https://www.fxleader.com is normally inaccessible.
FXLeader is an unregulated brokerage company registered in Saint Vincent and the Grenadines. While the broker's official website has been closed, so traders cannot obtain more security information.
FXLeader is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
FXLeader's website is inaccessible, raising concerns about its reliability and accessibility.
Since FXLeader does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
FXLeader is not regulated, which is less safe than a regulated one.
FXLeader Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
A 37-year-old project manager lost over RM138,000 to an investment scam after being lured by promises of 20% returns. The victim was deceived by a fraudulent caller posing as a bank employee and transferred funds through 30 online transactions. The scam involved a mule account, leading to an investigation under Sections 420 and 424 of the Penal Code. Authorities urge the public to verify investment opportunities with trusted organizations to avoid similar schemes.
On 21 January, 2025, the Financial Conduct Authority (FCA), the UK's primary financial regulator, expanded its warning list to include 10 additional unregulated forex brokers. The FCA warning lists, updated on a daily basis, remain an important tool intended not only to protect consumers but also to alert the financial services industry. When an FCA warning emerges, it signals red flags like unsolicited investment pitches, promises of unrealistic returns, or pressure tactics. The addition of these 10 new entities comes amid growing concerns over the rise of unauthorized forex trading platforms, particularly those operating through overly complex online interfaces yet riddled with bugs and aggressive social media marketing campaigns. Let's catch a glimpse of those on the list.
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