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Has any hear of this? FAX LTD
MAGDI Arafa
库克群岛
2025-04-24
ANSWER Dear Investor, We strongly advise against trading with FAX LTD due to its unregulated status. This broker fails to provide any credible licensing information to support its reliability claims. It is purportedly registered in St. Lucia, an offshore jurisdiction known for lax regulations and minimal investor protections. More concerningly, forex trading activities are not licensed in this jurisdiction, and the registration simply classifies FAX LTD as an International Business Company. Given these findings, we have strong reasons to suspect that FAX LTD operates as an unlicensed broker, posing substantial risks. To safeguard your investments and personal information, we urge you to steer clear of this company.
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Is Amxer Markets safe broker?
Guillem Quiones
印度
2025-04-17
ANSWER Dear Investor, We strongly advise against trading with Amxer Markets. While the company claims to be an ECN/STP Forex broker registered in St. Lucia, it is important to note that a company registration does not equate to holding a financial regulator's license. St. Lucia does not authorize or license forex trading activities. As an offshore jurisdiction, it offers minimal investor protection. Additionally, Amxer Markets has not provided evidence of holding valid licenses from any reputable financial regulatory bodies to confirm that it operates under proper supervision. Without such licenses, there is no guarantee of compliance with industry standards or safeguards for your investments. Stay vigilant and protect yourself from potential financial risks. Stay away from unlicensed brokers like Amxer Markets.
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Is MTrading recommended for beginners, what are good/bad features about it if I'm new to cfd tradings?
Kanaka Shetty
印度
2025-04-15
ANSWER Dear Investor, MTrading’s regulatory compliance raises significant red flags, particularly for novice traders. The broker solely relies on its claimed registration with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) to validate its legitimacy. However, this registration does not constitute a recognized financial license and originates from an offshore jurisdiction known for minimal regulatory oversight and limited investor protections. Moreover, MTrading has been flagged by the Ukraine National Securities and Stock Market Commission (NSSMC) and the Malaysia Securities Commission (Malaysia SC) for engaging in unauthorized investment activities. In light of these concerns, we strongly recommend exercising extreme caution and, ideally, avoiding their services altogether. For further details about its features, we suggest visiting MTrading's official website.
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What do you think about FBS legitimacy in the trading industry, is it a safe broker?
Saleet al-Minhas
阿拉伯联合酋长国
2025-04-12
ANSWER Dear Investor, FBS, an offshore forex broker, might not be considered a safe one. FBS is registered with the Belize Financial Services Commission (Belize FSC) and is licensed by the Cyprus Securities and Exchange Commission (CySEC). However, it is important to note that offshore regulatory jurisdictions often have less stringent rules and offer fewer protections for investors compared to top-tier financial regulators. Moreover, our findings suggest that FBS may exhibit weak regulatory compliance. The broker has reportedly received warnings from several financial authorities for unauthorized operations, such as the Ukraine National Securities and Stock Market Commission (NSSMC) in the United Kingdom, the Malaysia Securities Commission (Malaysia SC), and the Comissão de Valores Mobiliários (CVM) in Brazil. These warnings raise significant concerns about the credibility and reliability of FBS. In light of these factors, we strongly recommend exercising extreme caution when dealing with FBS.
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want to withdraw money
phonemanee hansay
美国
2025-03-29
ANSWER Dear Investor, We understand the distress and frustration this situation may have caused you. To assist our colleagues responsible for addressing such matters, we recommend filing a complaint on our platform at https://www.brokersview.com/complaint. Please provide as much detailed information as possible, including: 1) Your account details, 2) The amount involved, 3) Any relevant contact information. If you have supporting evidence, such as screenshots, please attach them along with your complaint. Additionally, please be cautious of recovery room scams. Fraudsters may claim they can recover your funds for a fee. Exercise extreme caution, as these claims are typically untrue, and their sole intention is to exploit your hope for refunds in order to defraud you. Should you have further questions or require additional assistance, please do not hesitate to contact us.
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Is Dollars Markets a scam? My money is withheld by them.
Polina
印度尼西亚
2025-03-27
ANSWER Dear Investor, We have recently received several complaints from customers of Dollars Markets regarding issues with withdrawals. Upon careful investigation, we have identified significant risks associated with this broker. Their regulatory compliance is weak, as they are registered in offshore jurisdictions that are known for their lax regulations and limited investor protections. Furthermore, the broker exhibits a lack of transparency, especially concerning their communication channels. Notably, they do not provide adequate contact options, such as a publicly listed email address or telephone number on their "Contact Us" page. While the broker claims to be licensed by the Mauritius Financial Services Commission (Mauritius FSC), we encourage you to report your concerns to the authority for further assistance. Additionally, we suggest submitting your complaint on our platform at https://www.brokersview.com/complaint. Our team will thoroughly review your case and strive to provide possible solutions or helpful advice.
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