According to its website, CNX Markets claims authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), upon investigation, we found that the CySEC issued a warning that Uniglobe Markets was providing financial services or products without authorisation. In addition, it claims authorized and regulated by the Financial Services Commission in Mauritius (FSC), Financial Services Authority Seychelles (FSA), however there is no matching information was found in these two regulators.
The truth is that CNX Markets is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
Therefore, CNX Markets is a scam.
According to its website, CNX Markets claims authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), upon investigation, we found that the CySEC issued a warning that Uniglobe Markets was providing financial services or products without authorisation. In addition, it claims authorized and regulated by the Financial Services Commission in Mauritius (FSC), Financial Services Authority Seychelles (FSA), however there is no matching information was found in these two regulators.The truth is that CNX Markets is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, CNX Markets is a scam.