Abstract:FXPEE is a Forex broker that offers a range of tradable products including currencies, commodities, and indices. Established in recent years, it operates from an unspecified location. FXPEE provides s
Note:FXPEE's official website:https://www.fxpfe.com/ is currently inaccessible normally.
Aspect | Information |
Company Name | FXPEE |
Registered Country/Area | United Kingdom |
Founded Year | 2012 |
Regulation | FCA(Suspicious Clone) |
Customer Support | Email:info@powermoneytransfer.comQQ:1402797577 |
Founded in 2012 and with offices in the United Kingdom, FXPEE purports to be under FCA oversight but functions under a dubious clone regulation. The company provides email at info@powermoneytransfer.com and customer assistance by QQ at 14027975. Given its unsure legal posture, potential traders should use caution.
Financial Conduct Authority(FCA) | |
Current Status | Suspicious clone |
Regulated by | FCA |
License Type | Payment License |
License No. | 503127 |
Licensed Institution | POWER TRANSFER LIMITED |
Although FXPEE claims to be under control of the FCA,but this control is considered to be a clone, so compromising the validity and regulatory compliance of the broker.
The broker flags high potential risk because of her doubtful regulatory position and recorded issues including not having a physical office, which could undermine faith in the company's activities.
Running with minimal transparency and without comprehensive and verifiable company information, FXPEE makes it difficult for traders to assess the broker's dependability and honesty.
Based in the United Kingdom, FXPEE is an unregulated broker with great risk because of its dubious clone control and high possibility of fraud. Further erasing confidence in the broker is the absence of a physical office and restricted openness. Choosing registered brokers that provide clear, verifiable information can help to guarantee openness and security in their operations, therefore enhancing the trading experience.
Malaysian authorities are actively pursuing seven individuals linked to the Gigamax investment scam, which has defrauded investors of over RM7 million. The suspects include an Indonesian national, identified as Awaludin, who is believed to be the mastermind behind the scheme, and six Malaysians who served as promoters and speakers for the fraudulent operation.
A 47-year-old housewife from Malaysia has fallen victim to a fraudulent bitcoin investment scheme, losing RM752,398 of her savings in just one month.
The U.S. Commodity Futures Trading Commission (CFTC) has filed a complaint against Francier Obando Pinillo, a pastor in Washington state, alleging his involvement in a $6 million cryptocurrency Ponzi scheme. The case accuses Pinillo of defrauding 1,500 individuals, many of whom were members of his Spanish-speaking congregation in Pasco, Washington.
A Russian lawmaker has urged the country’s Finance Minister to investigate the possibility of establishing a strategic Bitcoin reserve. The proposal aims to provide Russia with an alternative financial safeguard amid the ongoing challenges posed by international sanctions, inflation, and currency volatility.