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How many bonus does CTRL FX offer?
Tam Nguyen
Mauritania
2023-04-25
ANSWER CTRL FX is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.CTRL FX claims to be operated by CTRL FX Global Limited headquartered in London and is regulated by the Financial Crimes Enforcement Network (FinCEN) under the MSB number 31000236051732. Firstly, we searched for this company in Financial Conduct Authority (FCA) register but didn't find any results. This is a red flag, suggesting it is not authorized and regulated by the FCA to offer financial services or products in compliance with UK law. Secondly, although we did find records matching CTRL FX on the FinCEN website, it is important to note that this agency's mission is to safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities. It doesn't issue forex licenses or regulate entities engaging in such activities. As such, CTRL FX is basically not subject to any effective regulations.Regarding your question, our advice is not to deal with CTRL FX no matter how tempting their bonuses are. Entrusting this broker with your funds is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors avoid unlicensed brokers like CTRL FX and opt for fully regulated ones instead.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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