FXPEE Forex Broker

Note:FXPEE's official website:http://www.fxpfe.com/ is currently inaccessible normally.AspectInformationCompany NameFXPEERegistered Country/AreaUnited KingdomFounded Year2012RegulationFCA(Suspicious Clone)Customer SupportEmail:info@powermoneytransfer.comQQ:1402797577FXPEE Information Founded in 2012 and with offices in the United Kingdom, FXPEE purports to be under FCA oversight but functions under a dubious clone regulation. The company provides email at info@powermoneytransfer.com and customer assistance by QQ at 14027975. Given its unsure legal posture, potential traders should use caution.Is FXPEE Legit or a Scam？Financial Conduct Authority(FCA)Current StatusSuspicious cloneRegulated byFCALicense TypePayment LicenseLicense No.503127Licensed InstitutionPOWER TRANSFER LIMITEDDownsides of FXPEE Although FXPEE claims to be under control of the FCA，but this control is considered to be a clone, so compromising the validity and regulatory compliance of the broker. The broker flags high potential risk because of her doubtful regulatory position and recorded issues including not having a physical office, which could undermine faith in the company's activities. Running with minimal transparency and without comprehensive and verifiable company information, FXPEE makes it difficult for traders to assess the broker's dependability and honesty.Conclusion Based in the United Kingdom, FXPEE is an unregulated broker with great risk because of its dubious clone control and high possibility of fraud. Further erasing confidence in the broker is the absence of a physical office and restricted openness. Choosing registered brokers that provide clear, verifiable information can help to guarantee openness and security in their operations, therefore enhancing the trading experience.