No Regulation

FXBTG

Country: New Zealand

Founded:

Maximum leverage:

Broker violations and abnormal records

Jun 12, 2022 Brokersview has Reviewed that FXBTG is an Unregulated Forex Broker

FXBTG claims to be a trademark of FXBTG Financial Group, a group registered in the FINTRAC with an MSB license number: M19450949 and regulated by St. Vincent and the Grenadines Financial Service Authority (SVG FSA) under license number: 25503 BC 2019.

First, please be informed that FINTRAC is not a regulatory authority that has no right to issue licenses for forex trading or regulate entities that offer forex activities. Investors should be wary of brokers claiming to have registration in such authority.

Second, we did not find any match results to the license number or the company name in SVG FSA. Besides, SVG FSA does also not regulate forex. All regulation info FXBTG claims are false statements for unsuspecting traders. FXBTG is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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