According to its website, it claims to be regulated by the Financial Conduct Authority (FCA), Australia Securities & Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Gibraltar Financial Services Commission (GFSC), Financial Crimes Enforcement Network (FinCEN) and the Financial Industry Regulatory Authority (FINRA). Upon investigation, no matching information was found in the ASIC, CySEC, GFSC, and FINRA. In addition, it displays a FinCen certificate on its website, but FinCen does not have the authority to regulate foreign exchange, so this is invalid.
What's more, the Financial Conduct Authority (FCA) issued a warning against NETFX PRO, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, NETFX PRO is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
NETFX PRO appears to be a scam.
According to its website, it claims to be regulated by the Financial Conduct Authority (FCA), Australia Securities & Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Gibraltar Financial Services Commission (GFSC), Financial Crimes Enforcement Network (FinCEN) and the Financial Industry Regulatory Authority (FINRA). Upon investigation, no matching information was found in the ASIC, CySEC, GFSC, and FINRA. In addition, it displays a FinCen certificate on its website, but FinCen does not have the authority to regulate foreign exchange, so this is invalid.What's more, the Financial Conduct Authority (FCA) issued a warning against NETFX PRO, believing this company might be providing financial services or products without proper authorization in the UK.In essence, NETFX PRO is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.NETFX PRO appears to be a scam.