Score

1.42 /10
Danger

Speedy Exchange

Romania

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.30

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Speedy Exchange

Company Abbreviation

Speedy Exchange

Platform registered country and region

Romania

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Speedy Exchange · Company summary

Note: Speedy Exchange's official website: https://www.speedyexchange.com/ is currently inaccessible.

Speedy Exchange Information

Speedy Exchange is an unregulated brokerage firm registered in Romania. This firm offers investors a range of financial instruments including Forex currency pairs, Stocks, Cryptocurrencies, Indices and Commodities. Retirement accounts like Cash Balance Pension Plans or Rich People Roths are available here. For brokerage accounts, five brokerage account types can be choose from with this brokerage, but detailed information is not available now.

Speedy Exchange Information

Is Speedy Exchange Legit?

Although Speedy Exchange promises that client's funds are held in segregated accounts, it can not change the fact that this firm does not hold any valid regulatory certificates.

Speedy Exchange currently does not hold any valid regulatory certificates. Although it is incorporated in Romania, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Is Speedy Exchange Legit?

Downsides of Speedy Exchange

  • Unavailable Website

Speedy Exchange's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

  • Lack of Transparency

There is a notable lack of information about Speedy Exchange available online. This lack of transparency can really dampen investors' enthusiasm.

  • Regulatory Concerns

Regulatory is the biggest drawback for some online brokerages. Speedy Exchange is one of them.

Customerd Support Option

For any question you might have, help is available by phone (+61280155271) or email (support@speedyexchange.com).

Customerd Support Option

Conclusion

All brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. Speedy Exchange is a brokerage firm without any valid regulatory certificates. When comparing brokerages, remember that safty alway comes first.

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ciin
more than one year
The official website of Speedy Exchange is no longer available, but I was surprised to see on wikifx that it costs 10,000 US dollars to open a basic silver account in this company... astronomical price!
The official website of Speedy Exchange is no longer available, but I was surprised to see on wikifx that it costs 10,000 US dollars to open a basic silver account in this company... astronomical price!
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2022-12-13 10:17
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