Should You Trade with Forex Experts?
Forex Experts sounds like a promising name for a broker. However, if these brokers are actually experts, why don’t they reveal the names of the brokers in the organization or show their credentials. In fact, Forex Experts doesn’t even have a valid licensing. This is not only a bad sign, it is a non-starter for any broker. No one should trade with an unlicensed broker. Why? Because there is no oversight if something goes wrong.
We Have Found Some Problems with Forex Experts
After a thorough investigation we could find no evidence of a license or credentials. They could be anyone, because there is no proof of their identities. Anyone can just come up with a name and claim to be a broker to encourage people to deposit money. This is the case with many unregulated fraudulent brokers. We don’t recommend trading with Forex Experts. Instead, research regulated brokers and choose one that has good credentials.
Red Flags Concerning Forex Experts:
- No transparency
- No license
- Flagged as for lack of licensing
- Bad reviews
What Should You Do If You Have an Account with Forex Experts?
We do not recommend opening an account with Forex Experts. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.