ANSWER No, CCLOUDFX is not regulated. It is an unlicensed platform on the alert list of the Comisión Nacional del Mercado de Valores (CNMV).The website of CCLOUDFX conceals information about its operator, which raises suspicions. We looked through its Privacy Policy and noticed that it refers to a company called Safe Investment Group LLC. Furthermore, it is perplexing that this document says this company owns a different website address. Hence we cannot exclude the possibility that CCLOUDFX even misues an unrelated company's legal document to deceive unwitting investors.Furthermore, despite the claim that it is in Switzerland, our search for this broker in the register of the Swiss Financial Market Supervisory Authority (FINMA) suggests that it is not commercially registered in this jurisdiction. Meanwhile, the CNMV has added CCLOUDFX to its warning list for providing investment services without authorization.Given all these negative signs, CCLOUDFX is a fraudulent platform. Individuals dealing with this unregulated broker are at risk of fraud and identity theft. If it shuts down the website or absconds, its clients are not able to recover their funds and get compensation. To avoid this disaster, it is advisable to choose fully regulated brokers instead.
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