American FX Review – Basic Details for American FX
Website: https://americanfxtrading.us/
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FCA Issued a Warning Against American FX
The United Kingdom Financial Conduct Authority (FCA) has issued a warning against American FX (americanfxtrading.us), a company claiming to provide a wide range of financial services, including Forex, Cryptos, Shares, Indices, Energies, and Metals. America Forex asserts that it is licensed and registered in the USA, UK, and Canada. However, a search showed that the business does not have the required financial service licenses. It is not subject to regulation by the FCA, NFA, or IIROC.
According to the FCA’s warning, American FX has been offering financial services in the UK without a license. This indicates that the company operates illegally in the UK and poses significant risks to investors.
Unregulated and Unsafe for Investors
Despite its claims of legitimacy, American FX operates without any regulation from trusted financial authorities. This means that it is not subject to oversight by regulators such as the FCA or NFA, making it risky for investors to trust the platform with their funds. Without proper regulatory oversight, American FX cannot offer any legal protection for investors. If investors were to face issues such as fund loss or fraud, they would not be able to seek protection under financial laws in the USA, UK, or Canada.
Given its unregulated status and the FCA’s warning, American Forex should be approached with caution, and investors are advised to avoid engaging with this platform.
If you have already fallen victim to American FX fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from American Forex.
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Note: The American FX review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring American FX company.