Expert Financial Solutions Broker Review

Expert Financial Solutions Limited appears to be a perfect brokerage at first impression. Anyone participating would be completely safe under FCA oversight and with a UK headquarters. To learn more, read our EFS review.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: FCA
Owned by: Expert Financial Solutions Limited
Headquarters Country: UK
Foundation year: 2021
Supported Platforms: Web Trader
Minimum Deposit: 250 EUR
Cryptocurrencies: Available – BTC, ETH, XRP – total 15
Types of Assets: FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage: N/A
Free Demo Account: No
Accepts US clients: No

Expert Financial Solutions Limited Regulation

Despite claiming to be authentic, Expert Financial Solutions Limited appears to be a clone business. While the same-named firm does exist and is regulated by the FCA, it operates under the domain www.expertwealthmanagement.co.uk. It has nothing to do with the fraudulent FX brokerage we met.

As a result, no, the broker is not licensed, and you are not eligible for any type of compensation fund in the event of a fraud. So be cautious of the Expert Financial Solutions Limited trading scam!

Official Warning From FCA

Given that the broker poses as a UK-regulated firm, it’s no surprise that this regulatory agency issued an official warning. Furthermore, they indicated unequivocally that www.expert-financial-solutions.com is a bogus domain used by a clone organization and that you should not trust it.

Fund Withdrawal Issues

It’s no surprise that many people are experiencing withdrawal troubles because the firm is a scam. Anyone who fell for the fraud and invested money is now unable to withdraw it, according to corporate reports. While the broker is not actually FCA-regulated, people who have been duped cannot even contact the authority to try to recover their monies.

According to reports, the majority of victims are from Germany, Poland, and Sweden. Others are also at risk, since the broker has received warnings in the UK and other unfavorable ratings from other EU nations, Canada, Australia, South Africa, and others.

Traders About Expert Financial Solutions Limited Scam

Those who have been scammed have only negative feedback. All they want is their money back, but this bogus trading business will never let them. Aside from withdrawals, the main issue is deceptive representation by broker workers, Web trader with repeated delays, and brokers forcing clients to download AnyDesk – software that allows them to access anything on their desktop, including online banking. The broker proudly preserved the AnyDesk link on their page, confirming our suspicions about the scam.

Before investing, ensure that the firm is real and that those claiming to be legitimate are genuinely subject to any regulatory authorities. That is your only opportunity to enjoy peace of mind and save money.

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.

American Style

3 Comments

Emilia June 27, 2022 at 6:36 pm

Moral freaks is what Expert Financial Solutions is all about! I didn’t lose much money, but they called me for almost 3 weeks because I refused to deposit up to $1,000. According to them I MUST ADD DEPOSIT because the amount in my account is not enough to account for ANY transactions!!!! This even though I had $340 on my balance. It was like hell on earth, they were calling from different numbers 15-20 times a day!!! I tried to withdraw the money, but of course no one gave it to me. but that’s not as important as the fact that they wouldn’t let me sleep for the entire three weeks!!!! How many numbers do they have?

Grub August 11, 2022 at 11:57 am

Expert Financial Solutions are brazen crooks who pretend to be a successful and respectable office with transparent actions and reliability in terms of earning. In reality, these freaks will drain your deposit to zero and will persuade you to make another deposit. This will continue until you find yourself with empty pockets.

Harrison November 23, 2022 at 9:39 am

Expert Financial lost about three thousand bucks. The first losing trades they argued were due to falling markets, insufficient liquidity and technical problems. Then they started telling me that they were not responsible at all. I decided to withdraw quickly, as I was not satisfied with that. They demanded verification. I passed. I was asked to pass the verification procedure. These bastards started to threaten me and if I did not deposit money they would give me loans. Well, well, try it.

Expert Financial Solutions is a Scam Broker – Read Expert Financial Solutions Reviews