Sunday, December 22, 2024

Investor warning against the broker scams Fortexo, Nectac TradeFX, and Optimal Trade Options!

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The UK Financial Conduct Authority (FCA) has issued an investor warning against three forex, CFD, and crypto broker scams Nectac TradeFX (www.nectatradefx.info), Optimal Trade Options (www.optimaltradeoptions.com ), and Fortexo (www.fortexo.co). FinTelegram has issued several warnings against Fortexo, which runs on the PumaTS white-label platform. Read our reports here. The same scammers run Nectac TradeFX and Optimal Trade Options through various offshore and fake entities. Stay far away!

Optimal Trade Options and Nectac TradeFX are operated through the offshore entity Zolarex Ltd in the Marshall Islands. The Netac TradeFX website also states DSO Ltd as the operator with an address in Nottingham. We did not find this company.

These three white-label broker scams are so poorly implemented that no victim should actually fall for them. However, we know that boiler room agents can be compelling and persuade consumers to invest their money time and time again with lies and false promises. Stay far away and save yourself losses and frustration.