Financial Magnum Review

Updated: February 10, 2026
Financial Magnum
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Fast Facts

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
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Engagement metricsVisits0
Bounce Rate0
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Estimated monthly visitsJuly 20250
August 20250
September 20250
Traffic sourcesSocial-
Paid Referrals-
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Direct-

About Financial Magnum

Financial Magnum (websites: fin‑magnum.com, account.fin‑magnum.com, traderweb‑pro.com) is not authorised by the UK Financial Conduct Authority (FCA). In a warning issued on 15 May 2024, the FCA confirmed it is a clone firm impersonating an FCA‑authorised appointed representative, Magnum Financial Solutions Ltd (FRN 543028), with no connection to the legitimate company. ()

The firm falsely claims regulation by CySEC and ESMA. Investigations show the CySEC licence number it cites is misappropriated—it belongs to a different entity and is inactive. The reference to FINTRAC (Canada) is misleading, as FINTRAC is not a regulatory body for forex brokers. ()

The domain was registered in December 2023, is privately owned and associated with very low trust scores. Multiple user reports indicate blocked withdrawals, hidden fees, opaque procedures, and overall behaviour characteristic of scam operations. ()

Pros and cons

Pros

Cons

  • Unauthorised clone of an FCA‑authorised firm, impersonating Magnum Financial Solutions Ltd (FRN 543028) ()
  • False claims of CySEC and ESMA regulation; misappropriated licence information and inactive status ()
  • Domain very recently registered (December 2023), anonymous ownership, low trust rating ()
  • User reports of blocked withdrawals, hidden fees, and scam‑like practices ()

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