ANSWER Fintec Forex is not a regulated or licensed broker for traders even though it states offers that look good to be true.Fintec Forex claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). However, no results are matching Fintech Forex in CySEC's registry.Besides, Fintech Forex shows two registered company addresses in the South Africa and the United Arab Emirates. As per the relevant law, we searched two regulatory bodies in the above countries, including the Central Bank of the United Arab Emirates (CBUAE) and the Financial Services Conduct Authority (FSCA). However, we did not find any match results to Fintech Forex in CBUAE or FSCA. The truth is, Fintec Forex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Fintec Forex and trade with licensed brokers.
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