POWER 2 FX Review
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Fast Facts
Contact Info and Support
Traffic information
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About POWER 2 FX
Power2FX is not authorised or regulated by the UK Financial Conduct Authority (FCA); the FCA issued a formal warning that the firm “may be providing financial services or products without our authorisation” and advised against dealing with it, listing its website as www.power2fx.com and address as 22 Baker Street, London (). Additionally, Power2FX was added to the Financial Commission’s Warning List on May 15, 2023, due to concerns that it may be used to scam and defraud traders, with the Commission explicitly stating that it does not recommend doing business with the entity ().
No valid regulation or license has been identified for Power2FX in any known jurisdiction. Investigations by multiple sources confirm the absence of regulatory oversight ().
The absence of regulation and the presence of warnings from both a major regulator (FCA) and a dispute resolution body (Financial Commission) indicate significant risks to clients, including lack of investor protection mechanisms, no segregation of client funds, and no recourse through financial ombudsmen.
