ANSWER FNX Network, an unregulated broker, has made it difficult for users to locate them due to their lack of transparency about their contact information. Their website only provides an email address for communication, which poses a significant risk if the entity were to disappear, leaving investors with no effective means to recover their funds. It would also be challenging for authorities to trace them. The Federal Financial Supervisory Authority (BaFin) has issued a warning against FNX Network due to their lack of the required authorization for the services they offer. This warning serves as a red flag. Investors should exercise extreme caution.Consequently, FNX Network presents a considerable risk of identity theft and fraud. It is recommended to avoid unlicensed brokers like FNX Network and opt for fully regulated ones instead.
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