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False Registration Certificates! Unlicensed Linktradefx is a Forex Scam
Abstract：Fraudulent forex brokers present many false statements on its homepage. Their aim is to lure as many people as possible to steal from. Once you believe them and click to open a new account with your funds, you will realize that their promises are just nothing at all as quickly as possible. And Linktradefx has been one of the fraudulent brokers.
Misleading Company Information
Linktradefx was founded in 2015, providing investors access to high-growth investment opportunities intrading on the currency markets, like forex pairs trading. However, domain check results showed the company was first registered in October of 2021. This is the first red flag here. Besides, the result shows the domain will expire this October. This is on purpose as after 6 to 12 months the company will then just move to a new website and continue to change its image for scamming. It's a common defrauding tactic used by fraudsters.
False Registration Certificates
Linktradefx claims to be a legal investment company incorporated in the United Kingdom with a registration number 11492167 in the UK Companies House. It is showing a fake UK Companies House certificate because the registration number 11492167 belongs to another company.
An Unregistered Forex Broker in the US
according to the office address this broker provides on the website, this firm is located in the California, US. As a US based broker, Linktradefx must be registered as a futures commission merchant and foreign exchange dealer with the CFTC and to be a member of NFA as US-based reliable forex brokers do. However, no results matched with Linktradefx on the two regulatory bodies.
In order to avoid the fraud, BrokersView would suggest you find easily a broker's regulation information before you are going to deal with it.
Contact us at wikifx.com if you have any troubles with your broker.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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