Is SINOFX broker licenzed?

https://www.sinoxfx.com/

SINOXFX is not a licensed or regulated broker even though it states offers that look good to be true. SINOXFX claims to be registered in the United Kingdom and the United Arab Emirates (U.A.E). However, we did not find any match results to SINOXFX in the UK Financial Conduct Authority (FCA) or the Central Bank of the United Arab Emirates (CBUAE).

The truth is, SINOXFX is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like SINOXFX and trade with licensed brokers.