Why you should stay away from FXoptions24?

Many brokers in the FX market claim to have Legit and Authorised But they Scammed Customers and stole their hard-earned money by leaving them blabbering. Therefore, in this article, we will review FX option24 Brokers.

About FXoptions24

FXoption24 provides an online platform to trade in various financial securities. The online broker's platform allows users to trade in binary options, forex, CFDs, and cryptocurrencies. As of February 2018, the platform has over 50000 traders. This broker operates as a branch of FX options 24group Ltd. in Germany. According to Fxoptions24, from 28 July 2021, its company name changed to Tracxn Technologies Limited. It claims to be FCA, BaFin, and Cyprus-registered Broker. According to its information, This broker has 2-5 years of Experience. People can connect it via Support@fx-options24.comOr Via Phone -+(631) 315-2013

Review

When we search for this broker on Prestigious Financial authorities like FCA, Bafin, and CYSec. We learned that all of these Three authorities have declared this broker as a Clone firm.

Thus, Broker's this claim has proved False and it caught red-handed. Also when we attempt to open its website to know more about this broker. The provided website did not open. Also, when we searched for this broker on Wikifx, we found Wikifx marked this broker as a clone firm and it got the lowest score 1.46 out of 10. These Waring flags are enough to reveal the broker's truth .

When we searched for reviews on the Internet about this broker. We noticed that Users have mixed reviews and Experiences with this broker . Some people are satisfied with the services while others are cursing this broker.

Conclusion

Finally, do not put your hard-earned money into this broker's hands. Or you risk being scammed. We urge you to stay away from this broker for the reasons we have already explained. Before you put money with any broker, conduct a thorough investigation or use Wikifx app to find authrorised broker.

WikiFX is a global forex broker regulatory enquiry platform that has investigated and reviewed more than 40,000 brokers. To know about the security and reliability of your chosen brokers you can use Wikifx.Visit www.wikifx.com or download our free app from Google Play or app store.