tmorefx.com

Trademorefx is not a reliable broker for traders even though it states offers that look good to be true. The entity seems scanty with relevant information missing, including legal documents, deposit&withdrawal methods, and account types. More so, this broker does not offer funds separation guarantee and money back guarantee, which means trading on such platform is clearly a risk as your money cannot be protected.Clicking “Contact” information at the top of its homepage, the firm shows its official address is in London, United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by the UK financial regulator — FCA. As the fraud claims to be located in UK, it must operate with an FCA license. However, it has no license. What’s unexpected, we found a warning about the company in the FCA registry:
On 6 January 2022, FCA added Trademorefx to its alert list, saying that the firm is not authorised by it and is targeting people in the UK. In other words, the entity is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.