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FXNC FINANCIAL is a regulated broker or not?
Akis Nguyen
Grevenmacher
2023-12-06
ANSWER FXNC FINANCIAL is an unregulated broker.The company provides little information about its operator, leaving investors with only an email address and a "Contact Us" web form to reach its team. The initiative in communication is held by FXNC FINANCIAL. If it goes out of business or disappears, clients will have no way to recover their funds. This is a red flag.Furthermore, its unlicensed investment activities have drawn the attention of the Comisión Nacional del Mercado de Valores (CNMV), the Spanish financial watchdog. The CNMV has added FXNC FINANCIAL to its alert list to highlight the risks involved.Therefore, dealing with FXNC FINANCIAL carries a high level of risk. Investors are advised against trading with FXNC FINANCIAL and other unlicensed brokers. To avoid falling victim to fraud and identity theft, we recommend opting for fully regulated brokers with excellent reputations.
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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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