Is Caxton Global a scam or a legit broker?

Caxton Global is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any way it wishes. This results in a very high risk trading opportunity, despite its alluring proposal.

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

Caxton Global is a Forex broker owned by Caxton Global Limited. The website of the company states that Caxton Global Limited (NZ) is a company registered in New Zealand and authorised and regulated by the Financial Service Providers. Although, the company is actually not registered in New Zealand and even got blacklisted by New Zealand’s FMA. Terms and Conditions on the websites give completely different info, that CAXTON GLOBAL is a global, FCA-regulated broker headquartered in London, which is also not true, as there are no records of this firm being regulated by UK’s FCA. This misleading information is a valid reason to stay away from this firm. We would recommend you to deal with the brokers, authorized and regulated by reliable regulators, such as UK’s Financial Conduct Authority (FCA), and to check the Financial Service Register to ensure they are.

Conclusion

We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and XM.com.

Yet, it is always great to hear your personal opinion about Caxton Global. So you may share your experience or thoughts or discuss them below or ask us for additional information.

No news available.

Leave a Reply

Your email address will not be published. Required fields are marked *

* code