Is FXLinked a scam or a legit broker?

FXLinked is 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. 

FXLinked is an offshore broker that offers trading in Forex, Metals, CFDs, Stocks, Indices and Energies. FXLinked is a trading name of FXLinked LTD, regulated as a Securities Dealer by the Financial Services Authority of Seychelles with license number (SD011) as a financial and monetary intermediary.

About FXLinked
🗺️ Registered inSeychelles
🗺️ Type of LicenseOffshore License
🛡️ Is FXLinked safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerIC Markets - licensed by ASIC in Australia

The broker claims to be based in London, UK and the only language the website supports is English, so probably the company has been targeting UK residents. However, FXLinked is not authorised by the UK’s Financial Conduct Authority and so is not allowed to offer its financial services.


There are a lot of offshore-registered brokers out there claiming that offshore registration is a legit thing that allows them to do business in the financial market. However, most of them are simply registered, and not licensed, nor monitored by any governmental agency, which makes those firms the most dangerous places for investing.

We keep reminding traders to exercise caution when dealing with firms that are not registered to trade nor regulated by reliable authorities. Choose among the legit brokers with licenses form respected financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC) as they have to follow strict financial and ethical rules. 

Conclusion

Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and eToro.

You can also share your trading experience with FXLinked by commenting on this review.


FXLinked website is no longer active.

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