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ANSWER BrokersView has confirmed that QUMAXCOFXS is an unregulated broker.According to the Financial Conduct Authority (FCA), QUMAXCOFXS, a financial firm allegedly based in the United Kingdom, is not authorized by the FCA to provide financial services or products. Therefore, the FCA has issued a warning against QUMAXCOFXS, cautioning the public of this unauthorized firm which is illegally soliciting British investors.As such, we strongly suggest investors avoid dealing with QUMAXCOFXS. Without regulatory oversight, it's unlikely investors could get their money back if the firm goes out of business. To safeguard traders' interests, BrokersView highly recommends choosing a fully regulated broker 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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.