Befx Regulation: Is This Broker Licensed or High Risk?
Check the BEFX regulation, platform, leverage, and risks before you deposit. Read the facts now.
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Pay Attention! Three FX Brokers are Losing Their Licenses
Abstract：If you are trading in the forex market, regulation should be an important consideration. You should check not only the licenses that brokers claim to have in different countries but also whether they are also valid.
ROinvesting
Regulatory status: under examination for voluntary renunciation of the authorisation
ROinvesting is registered as an CIF (license no. 269/15 ) of CySEC to operate as an investment firm. When checking on the CySEC register, we found the regulatory status of ROinvesting changed into under examination for voluntary renunciation of the authorisation.
ETFinance
Regulatory status: under examination for voluntary renunciation of the authorisation
ETFinance is registered as an CIF (license no. 359/18 ) of CySEC to operate as an investment firm. When checking on the CySEC register, we found the regulatory status of ETFinance changed into under examination for voluntary renunciation of the authorisation.
EuropeFX
Regulatory status: Suspended
EuropeFX is registered as a CIF (license no. 258/14 ) of CySEC to operate as an investment firm. When checking on the CySEC register, we found the regulatory status of EuropeFX changed into “Suspended”.
Please note that there are certain risks due to license changes of the three brokers, therefore, you should pay attention to your money.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Daman Securities Regulation: Is It Safe or High Risk?
Check Daman Securities regulation, withdrawals, fees, and platform risks before you deposit. Read the facts now.
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NSFX Exposure: Investigating Fund Scam & Poor Forex Advisory Allegations
NSFX, a Malta-based forex brokerage entity, has received largely negative reviews from traders worldwide. They have accused the broker of scamming them and making them lose trades. What further bothered traders was the alleged wrong advice from the broker team leading to capital losses for traders. They have made their NSFX reviews live on independent platforms such as WikiFX. In this article, we have investigated these charges so that you can decide whether NSFX is to be trusted with your hard-earned capital. Read on!
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