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Avoid Fake Websites of CPT Markets

WikiFX | 2024-12-18 17:06

Abstract:You may have heard the proverb "All that glitters is not gold.". It's high time to take this proverb seriously if you are involved in the forex market; otherwise, you will lose your hard-earned money.

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You may have heard the proverb “All that glitters is not gold.”. It's high time to take this proverb seriously if you are involved in the forex market; otherwise, you will lose your hard-earned money.

Recently, the regulated broker CPT Markets issued a warning to investors regarding fraudulent websites, specifically pamcptmarket.com, and cpttrades.com, advising them to avoid these platforms to protect their investments.

The UK's financial regulator (FCA) issued a warning against pamcptmarket.com in October 2024, and in 2022 the authority warned traders and investors against cpttrades.com and called them clone firms of CPT Markets. The clone firm details are here.

Name: pamcptmarket.com (clone of FCA Authorised Firm)

Telephone: +971523055796

Email: cptcustomer.yahoo@gmail.com

Website: pamcptmarket.com

img_v3_02hm_09351c3b-fc2b-46d4-9deb-b398bcf9a8ag.jpg

Name: CPT Markets & Trades / cpttrades.com (Clone of FCA Authorised Firm)

Email: cpttrades1123@gmail.com,

support@cpttglobal.com

Website: www.tradefrx.com, www.cpttrades.com, https://pc.cptlimihq.com/#/

img_v3_02hm_3be92c5a-5fa9-40c1-b460-c9b932812c4g.jpg

AWARE, SPOT & IGNORE Fake brokers

All the forex brokers that are active in the forex market are not safe and regulated. Most of them are fake and unregulated, pretending to be legitimate. You need to spot and ignore them.

Being aware of fake brokers is essential to safeguard your investments. Fake brokers often prey on inexperienced investors by offering enticing promises of high returns with little risk. They may create convincing websites, use fake testimonials, and pressure you into making quick decisions. To spot them, always check if the broker is regulated by recognized financial authorities and research customer reviews. Ignoring these scams involves trusting only verified and regulated platforms, ensuring your money is protected from fraudulent activities. Stay cautious and informed.

Why settle for an app that offers limited features when you can have it all? WikiFX is your one-stop shop. It keeps you up-to-date with the latest market news and also empowers you to make informed decisions with its comprehensive broker evaluation tools. Assess a broker's regulatory status, read reviews, and check the broker's reliability & history—all in one place! Visit the WikiFX website now and transform your trading experience.

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Related broker

Regulated
CPT Markets
Company name:CPT Markets Limited
Score
8.85
Website:https://bz.cptinternational.pro/cn?from=fxeyefx
10-15 years | Regulated in United Kingdom | Regulated in South Africa | Market Maker (MM)
Score
8.85

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