BrokersView

Search
Download
English
Sign In

themax financial

Newest

Popular

Is Themax Financial legit or scam?
Mike Thomsen
Somalia
2023-08-23
ANSWER Themax Financial is a scam.Themax Financial is allegedly registered in the UK. But there are no indications that it has been licensed by the Financial Conduct Authority (FCA) and the warning by the UK financial watchdog further confirms its illegitimacy.In addition, Themax Financial purports to be regulated by the US Financial Crimes Enforcement Network (FinCEN) and the National Futures Association (NFA). However, FinCEN's MSB register doesn't include a company called Themax Financial.While Themax Financial has an NFA ID number in NFA's BASIC, data suggest that it is not an NFA member. According to NFA, non-Members are not subject to their oversight, and the NFA ID numbers are for tracking purposes only.As such, BrokersView has come to the conclusion that Themax Financial is a scam. It is highly risky to deal with this platform, as there are no rules in place to protect their clients from fraud or theft. Therefore, it is advisable for investors to stay away from unlicensed brokers like Themax Financial and instead choose a fully regulated one.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

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.