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Updated on January 8, 2024

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Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding SeRex Investments due to the issues we've identified.


Is SeRex Investments Scam or Legit Broker? ▲

It is essential to distinguish between a legitimate Forex broker and one that might be a scam. In the case of SeRex Investments, concerns arise as it operates without the approval or regulation of any globally recognized financial authority. Owned by SRX Investment Limited and claiming to have its headquarters in London, UK, SeRex Investments lacks the necessary license to be considered a secure broker. This absence of licensure implies that SeRex Investments is not subjected to the stringent compliance checks that are standard before establishment, nor is it monitored for ongoing safety. Consequently, the broker has the liberty to conduct its operations as it sees fit, raising suspicions of fraudulent activity.


What is SeRex Investments? ▲

SeRex Investments portrays itself as a provider of Forex trading services along with an Execution-Only service that includes Online Stocks & Shares as well as Stocks & Shares New ISA, boasting low costs and flexibility. SRX INVESTMENTS LIMITED, as stated on its website, is registered in England and Wales with the registration number 11201243 and its registered office located at 3 Holmfield Road, Fulwood, Preston, PR2 8EN, United Kingdom. It also claims to be authorized and regulated by the Financial Conduct Authority (FCA) with the Firm Number 466868 and to be a Member of the London Stock Exchange.


However, upon verification of the information provided on the firm's website, no records of SeRex Investments were found in the FCA register. Furthermore, according to a recent statement from the FCA, not only was SeRex Investments providing misleading regulatory information, but it was also found to be using the details of an FCA-licensed company. The UK regulator highlighted the issue of “clone firms,” where fraudsters contact potential clients unsolicitedly, using the name, firm reference number (FRN), or other details belonging to a legitimate, authorized firm. This tactic is a significant red flag, indicating potential fraudulent activity.


Conclusion ▲

The absence of verifiable regulation information, details about trading conditions, and clear contact information are significant concerns when considering investment with SeRex Investments. Typically, entities with such deficiencies are involved in investment scams, leading us to advise all investors and traders to steer clear of SeRex Investments and similarly unregulated brokers. It is crucial for traders to engage with brokers that are well-regulated, such as those regulated in the UK or Australia, and to consider reliable brokers known for their transparency and security.


SeRex Investments Update

Further research has indicated that the SeRex Investments website is no longer active, suggesting that the broker has ceased its trading offerings. Despite this, we recommend exercising caution and remaining vigilant to avoid any potential proposals from this entity or similar unregulated brokers.


When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.

SeRex Investments

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare SeRex Investments with its peers

SeRex Investments

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare SeRex Investments with its peers

SeRex Investments
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In a Snapshot

Name: SeRex Investments

Website: www.serexinvestments.com

Reason to avoid: No license

Date: March 31, 2019

⚠️Caution: SeRex Investments operates as an unregulated broker, making it UNSAFE for trading activities.⚠️

SeRex Investments Review 2024

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