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transx markets

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ANSWER Dear Investor, Thank you for bringing TransX Markets to our attention. We have flagged TransX Markets as a scam and fully understand the distress and frustration this fraud has caused you. We strongly advise you to discontinue any engagement with them, regardless of their claims, as their sole intention is to defraud you. Please gather all evidence and report it to your local authorities. We also encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution. Lastly, stay calm and avoid making impulsive decisions to recover your loss, though we know this can be challenging. Stay vigilant against recovery room scams, where unsolicited messages claim they can recover your losses for a fee. These fraudsters intend to exploit your urgency and revictimize you.

Can you help me check if TransX Markets holds a license?

Con Spiros

Germany

2024-09-26

ANSWER Dear Investor,Thank you for reaching out. We are concerned that TransX Markets may be a scam.TransX Markets claims to be registered in St. Lucia. However, this is an offshore center that offers minimal protections for investors. Additionally, this registration does not equate to a license from a financial regulator. The Financial Services Regulatory Authority (FSRA) of St. Lucia has stated that forex trading is not licensed there.Therefore, we strongly advise against using TransX Markets due to its unlicensed status. For a safer trading environment, we recommend opting for fully regulated brokers 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.