Is Financial Magnum legit?

https://fin-magnum.com/

Financial Magnum is not a legitimate broker. In fact, it has been flagged by the Financial Conduct Authority (FCA) as a clone firm. 

The licensing information it claims to have, such as license number 359/18 issued by the Cyprus Securities and Exchange Commission (CySEC), is not associated with Financial Magnum at all. Instead, this license number is linked to a company named Magnum FX (Cyprus) Ltd, whose registered websites are currently non-functional. This company has voluntarily applied for the cancellation of its authorization from the CySEC. It appears that Financial Magnum is misappropriating the information of this entity to create a false sense of legitimacy. Consequently, the FCA has issued a warning about Financial Magnum, identifying it as a clone firm, and advising investors to steer clear of this fraudulent broker. 

Financial Magnum poses a substantial risk of fraud and losses. Investors are strongly advised to avoid any engagement with this platform and to opt for fully regulated brokers instead.