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Is 69Brokers Scam or Legit Broker?

No, it is not safe to trade with 69Brokers. The broker doesn’t provide any information about the company behind the brand’s name as well as any regulatory information. According to the provided information, the broker is located in London, however, it is not regulated by the local financial authority, which means the broker is unregulated and provides illegal services. 

About 69brokers
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is 69brokers safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is 69Brokers?

69Brokers presents its users with the optimal platform for investing in Forex, Futures, and Commodities. The company's HQ is located in Matam, London, Sydney, Limassol, and Sofia. They also provide a British office address and British contact numbers, however, the broker does not carry a license from the British regulator - Financial Conduct Authority. It is not regulated by any other authority as well, which means the company has been targeting people without a legal right for that.

  • In addition, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against 69Brokers.
  • We have also found out that 69Brokers have been known for withdrawal issues and downtime of their trading platform and website, which is actually full of spelling errors.

69Brokers review

69Brokers Review Conclusion

We advise all investors and traders to avoid 69Brokers and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and BDSwiss. See the Xtrade broker and FXPRIMUS broker Reviews.


69Brokers Update

Our research revealed that the 69Brokers website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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