Reason to avoid: No License
Listed Date: October 23, 2018
Top 3 Regulated Forex Brokers
Beware FXBreeze is a Non-Regulated Broker. It is NOT SAFE to trade.
- Company name:
- Registration Address/ License:
Head office Estonia. Regional office London. No License, No Regulation.
FXBreeze is an original Estonia financial investment established firm, which also states its operation of the regional office in the UK. The broker offers trading solutions on a range of instruments including FX, Derivatives and Cryptocurrencies available from the powerful and convenient trading platform.
The offering at the first point looks decent and competitive, while the customer support promises positive outcome and supports many world languages. Overall, it seems like the broker targeting international traders from various jurisdictions. However, the main loose point is the fact the FXBreeze company is regulated by none of the authorities, is not legally authorized to offer its services and of course not overseen by anyone.
For that reason, we can’t trust only the good words and allegedly advanced trading capabilities, since simply the broker might take the funds and never return profits. This is a common practice among the fraud and scam companies that are not regulated since the main aim is to attract traders, take their money and disappear in silence. Therefore, it is always recommended to choose among the Regulated Forex Brokers that comply with necessary investment firm rules, apply customer protection tools and covered by the compensation schemes in the case of the company insolvency.
Even though there are no many feedbacks from the traders that involved with FXBreeze, we recommend avoiding that broker. As their offering and non-regulated, also somehow mislead in presenting information causes suspiciousness about the services they offer. Moreover, among the CIS market traders, there were cases that stated the company’s scam principals of operation, which is an additional warning to us and all our readers.